Categories

All News India Business Stock market Politics Sports Technology Startups Entertainment Hatke International Automobile Science Travel Miscellaneous
Source: inc42

Mobavenue Launches Neural Engine As An AI Intelligence Layer For Marketers

Business

Mobavenue has launched the Mobavenue Neural Engine, an AI intelligence layer that integrates media planning, execution, creative generation, and reporting into a single workflow. By combining conversational AI with proprietary advertising intelligence, the platform enables marketers to move from a campaign brief to launch in under 59 seconds. This system aims to reduce fragmented workflows, allowing teams to focus on strategy while maintaining control over key decisions.

Read Full Story
Next Story
Source: inc42

WATER Robotics Raises $2.5 Mn To Build India’s First Robotic Bed

Business

"Hyderabad-based AI startup WATER Robotics has raised $2.5 million in a funding round led by Endiya Partners. The company plans to use the capital for R&D and data collection to advance its 'Physical OS' for intelligent surfaces. Its flagship product, CAMA, is a robotic bed powered by the VORTEX model. This investment reflects a broader trend of growing interest in physical AI within India's expanding robotics market.".

Read Full Story
Next Story
Source: inc42

LightFury Games Adds Rohit Sharma As Investor Ahead Of eCricket’s September Trial

Business

Former India captain Rohit Sharma has joined Bengaluru-based LightFury Games as an investor and licensed player for its upcoming AAA mobile game, eCricket. Sharma is the eighth marquee cricketer to back the studio, joining others like MS Dhoni. The game, featuring over 700 licensed players and commentary by Navjot Singh Sidhu, will begin a phased closed beta in September 2026, targeting a global audience of cricket enthusiasts.

Read Full Story
Next Story
Source: inc42

D2C Skincare Brand Asaya Bags ₹88 Cr, Eyes Offline Retail Entry

Business

"D2C skincare brand Asaya has raised ₹88 crore in a Series A funding round led by existing investors, valuing the company at ₹400 crore. Specializing in products for melanin-rich skin and hyperpigmentation, Asaya plans to allocate 20% of the capital to R&D, with the remainder supporting product expansion, distribution, and team growth. The startup currently reports an annualised revenue run rate of ₹100 crore.".

Read Full Story
Next Story
Source: inc42

Third Wave Coffee Raises ₹408 Cr To Expand Cafe Network, Dessert Business

Business

Bengaluru-based coffee chain Third Wave Coffee has raised ₹408 crore in a funding round led by WestBridge Capital, with participation from Creagis and angel investors. The company intends to use the capital to increase store density in high-potential cities, expand its market presence, and scale Third Rush Desserts. Currently operating over 240 cafes, the chain aims to reach 320 outlets by the end of the financial year.

Read Full Story
Next Story
Source: inc42

Urban Company Sues Kent RO Over Allegedly Disparaging Native Ads

Business

"Urban Company filed a defamation suit against Kent RO in the Delhi High Court, alleging that Kent's advertisements falsely claimed Native water purifiers' two-year filter and service life were unsafe marketing gimmicks. In response, Kent agreed to remove the disparaging promotional content and social media posts. This legal battle follows previous disputes between the two companies regarding patent infringement and tortious interference, both of which remain sub judice.".

Read Full Story
Next Story
Source: inc42

Inc42 CTO Summit 2026 | 175+ Tech Leaders & The Playbooks Shaping How India Builds In The AI Era

Business

The inaugural Inc42 CTO Summit will take place on September 30, 2026, in Bengaluru, gathering over 175 senior technology leaders. The event focuses on the challenges of building at Indian scale, developing AI-native engineering organizations, and addressing the evolving role of mid-level talent. Discussions will center on infrastructure economics, security, and governance as AI transforms software production and organizational structures within India's scaling technology ecosystem.

Read Full Story
Next Story
Source: inc42

Flipkart’s Food Delivery Era, Weekly Funding Rundown & More

Business

Flipkart is launching a food delivery service in Bengaluru, leveraging its existing logistics and offering lower commissions to challenge Zomato and Swiggy. Meanwhile, Indian startup funding rebounded to $233.2 million last week. In other news, the CBI filed an FIR against BluSmart founders for alleged loan diversion, and ISRO plans to shift from manufacturing launch vehicles to focus on research and advanced scientific missions.

Read Full Story
Next Story
Source: inc42

Beyond The Shiprocket IPO Takeoff

Business

Shiprocket recently debuted on the Indian stock exchanges with a strong premium, reaching a market capitalization exceeding ₹10,000 crore. The logistics tech startup is evolving into an end-to-end ecommerce enablement platform, expanding beyond shipping into fintech and fulfillment. While its core domestic shipping business is profitable, the company reported a consolidated loss of ₹79 crore in FY26, focusing now on scaling its emerging services toward profitability.

Read Full Story
Next Story
Source: inc42

Navi’s Solo Run Ends

Business

Navi has raised $100 million from Prosus, marking its first major institutional funding after years of stalled IPO plans and regulatory challenges. Led by Sachin Bansal, the fintech firm is pivoting toward digital lending and UPI, where it has become India's fourth-largest app. Despite reporting Q4 FY26 profitability, Navi's annual losses widened, and its valuation reportedly dropped from $2 billion to $1.3 billion.

Read Full Story
Next Story
Source: inc42

Wakefit Surges 17% To Lead New-Age Tech Stocks This Week; Lenskart, Turtlemint Hit New Highs

Business

India's new-age tech stocks showed selective strength this week, with 34 of 61 tracked companies ending in the green despite declining benchmark indices. Wakefit led the gains, surging 16.69% following strong FY26 financial reports. Urban Company also rose 9.87% after a positive UBS rating, while Shiprocket made a successful market debut. Meanwhile, Atomberg and Zetwerk filed for IPOs, and significant block deals occurred in Paytm and Groww.

Read Full Story
Next Story
Source: inc42

Raana Semiconductors In Talks To Raise ₹100 Cr For Silicon-Growth Equipment

Business

Hosur-based Raana Semiconductors is seeking ₹100 crore in Series A funding, led by an Indian venture capital firm, to scale its Czochralski crystal-growth equipment from 6 to 12 inches. The startup plans to use the capital to refine silicon-growth processes and build a domestic supplier ecosystem. Raana currently serves national laboratories and intends to expand its customer base to solar and semiconductor manufacturers.

Read Full Story
Next Story
Source: inc42

From Loan Diversion To Forged Letters: CBI Books BluSmart Founders In ₹672 Cr IREDA Case

Business

The CBI has registered an FIR against Gensol Engineering, Gensol EV Lease, and BluSmart founders Anmol and Puneet Singh Jaggi. Following a complaint by state-run IREDA, the investigation focuses on the alleged diversion and misappropriation of loans totaling ₹672.74 crore. Forensic audits revealed irregularities in EV and solar project funding, alongside the submission of forged documents to credit rating agencies, leading to insolvency proceedings against the entities.

Read Full Story
Next Story
Source: inc42

D2C Brand Be Clinical Bags ₹21 Cr To Double Down On Clinical Skincare

Business

D2C skincare startup Be Clinical has raised ₹21 crore in a seed extension round led by Sauce, with participation from V3 Ventures and various angel investors. Founded by Hemangi Dhir, the brand focuses on clinically tested products for aging concerns. The company will utilize the capital to enhance R&D, expand its product portfolio, scale manufacturing, and enter new markets within India's growing beauty and personal care sector.

Read Full Story
Next Story
Source: inc42

EV Manufacturer Omega Seiki Raises Additional ₹50 Cr To Accelerate International Expansion

Business

EV manufacturer Omega Seiki Mobility (OSM) has raised an additional ₹50 crore in funding led by Unistone Capital, following another ₹50 crore raise earlier this month. The company plans to use the capital to expand manufacturing capacity, strengthen R&D, and grow its dealer network from 150 to 250 touchpoints by FY28. OSM, which produces various electric vehicles, is also expanding globally with a new plant in Dubai.

Read Full Story
Next Story
Source: inc42

ISRO Mulls Exiting Manufacturing Amid India’s Push To Promote Privatisation In The Space Industry

Business

ISRO plans to stop manufacturing launch vehicles and routine satellites, transferring mature technologies like SSLV, PSLV, and LVM3 to private companies and PSUs. This shift allows the agency to focus on R&D, advanced scientific missions, and specialized infrastructure. By empowering the private sector and supporting spacetech startups, India aims to grow its space economy from $8 billion to $44 billion by 2033, enhancing global competitiveness.

Read Full Story
Next Story
Source: inc42

Centre Notifies ₹62,500 Cr Mobile Manufacturing Scheme To Build Indian Brands

Business

MeitY has introduced the ₹62,500 crore Mobile Phone Manufacturing Scheme (MPMS) for FY27 to FY31, succeeding the PLI scheme. The initiative offers incentives between 2.25% and 5% to boost domestic production and support Indian-owned brands, design, and R&D. By focusing on local value addition and component sourcing, the government aims to generate 60,000 direct jobs and drive cumulative mobile phone production of ₹39 lakh crore.

Read Full Story
Next Story
Source: inc42

From Navi To BookMyShow — Indian Startups Raised Over $233 Mn This Week

Business

"Indian startup funding rose 67% to $233.2 million in the third week of August, with 19 startups raising capital. Fintech led the surge, securing $112.5 million, largely driven by Prosus' $100 million investment in Navi. Consumer services followed with $47.2 million. Additionally, IPO momentum grew as Atomberg filed its DRHP and Upstox began talks for a potential $400 million public issue to raise significant capital.".

Read Full Story
Next Story
Source: inc42

SC Directs Matrimony.com & Jodi365 To Explore Settlement In Trademark Dispute

Business

The Supreme Court has directed Matrimony.com and Free Elective Network to seek a settlement in a trademark dispute over the "Jodii" brand. This follows a Madras High Court ruling that restrained Matrimony.com from using the name, which Free Elective claims is too similar to its "Jodi365" mark. Matrimony.com has proposed renaming its app "Jodi Matrimony" to resolve the conflict and avoid impacting its existing users.

Read Full Story
Next Story
Source: inc42

Accel, AVP Sell Over 1 Cr Amagi Shares In ₹587 Cr Block Deals

Business

"Venture capital firms Accel and AVP sold over 1 crore shares of media SaaS startup Amagi in block deals totaling ₹587.3 crore. The shares, priced at ₹560 each, were acquired by major institutional investors, including SBI Mutual Fund and HDFC Standard Life Insurance. This divestment follows Amagi's strong Q1 financial results and the expiry of its IPO lock-in period, with the stock rising 89% since January.".

Read Full Story
Next Story