Categories

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

Zomato Experiments Rapid Food Delivery With Vending Machines

Business

Zomato, owned by Eternal, has introduced "Zomato Now" vending machines in Gurugram corporate offices to bring food closer to consumers. This pilot initiative aims to enhance delivery speed and potentially improve relationships with restaurants facing high platform fees. While Zomato remains a primary profit driver for Eternal, reporting strong Q1 FY27 growth, the company continues to expand its service models amidst rising operational and regulatory costs.

Read Full Story
Next Story
Source: inc42

Physics Wallah’s Full-Stack Bet: Looking Into The Revenue Engine

Business

PhysicsWallah has evolved from a free YouTube channel into a full-stack education company blending online and offline learning. In Q1 FY27, it reported total revenue of ₹1,162.8 crore, driven by its profitable online courses and expanding offline centers. While the offline segment remains loss-making, the company utilizes its online profits to fund growth across new categories and geographies, diversifying beyond JEE and NEET preparation.

Read Full Story
Next Story
Source: inc42

Zetwerk’s IPO Test: Can Revenue Growth Outrun Its Cash Flow Pressure?

Business

Zetwerk has filed for an IPO featuring a fresh issue of up to ₹2,600 crore and an offer for sale. The B2B manufacturer reported FY26 revenue of ₹15,913 crore and a growing order book of ₹12,370 crore. While shifting toward complex in-house manufacturing for AI and defense, the company faces challenges including thin margins, widening operating cash outflows, and a consolidated loss of ₹1,606 crore.

Read Full Story
Next Story
Source: inc42

India Can Build A Commercially Viable Space Sector For The World: PM Modi

Business

"Prime Minister Narendra Modi met with leaders of 20 space startups to discuss expanding India's private space ecosystem and establishing the nation as a global industry hub. The PM encouraged collaborations with agriculture and education sectors to drive innovation. Supported by the Indian Space Policy 2023 and various venture funds, the sector is projected to reach $77 billion by 2030, leveraging liberalized FDI and ISRO infrastructure.".

Read Full Story
Next Story
Source: inc42

Exclusive: Greenjoules Raises ₹62 Cr From Amazon, Singularity To Scale Green Energy Operations

Business

"Pune-based green energy startup Greenjoules has raised approximately ₹62 crore ($6.5 million) in an ongoing Series B funding round led by Amazon.com NV Investment Holdings, with participation from Singularity Strategic Autonomy Fund. Founded in 2018, the climatetech company converts agricultural waste into renewable fuels for industrial use and aviation. This investment supports India's broader goal of achieving net-zero carbon emissions by 2070 through sustainable energy solutions.".

Read Full Story
Next Story
Source: inc42

Meesho Faces FIR Over Alleged Sale Of Toxic ‘Sulfas’ Linked To Minor’s Death

Business

"Gurugram Police have filed an FIR against ecommerce platform Meesho and a Surat-based seller after a 17-year-old died from consuming a restricted pesticide ordered through the app. The case, registered under the BNS for negligence and handling poisonous substances, follows a complaint from the victim's mother. This incident brings increased regulatory scrutiny to ecommerce safeguards regarding the sale of lethal substances and restricted products on online platforms.".

Read Full Story
Next Story
Source: inc42

Three Sixty’s Vikash Gupta On Turning India’s Leather Legacy Into A Global Luxury Brand

Business

Three Sixty, founded by Vikash Gupta, is a premium D2C leather lifestyle brand aiming to establish "Made in India" leather as a global luxury category. By blending traditional Indian craftsmanship with modern design, the company offers handcrafted furniture and accessories. Leveraging a "Scalable Craftsmanship" model, Three Sixty is expanding into Tier II cities and collaborating with high-profile brands to showcase artisanal skill amidst a growing domestic leather market.

Read Full Story
Next Story
Source: inc42

IPO-Bound Atomberg’s Loss Widens 27% YoY To ₹149 Cr In FY26, Revenue Jumps 35%

Business

IPO-bound Atomberg Technologies reported a consolidated net loss of ₹148.9 crore in FY26, a 26.8% increase from the previous year. Despite this, operating revenue grew 34.8% to ₹1,293.8 crore, driven largely by its home and kitchen appliance segments. While total expenses rose to ₹1,460 crore, the company's adjusted EBITDA loss narrowed to ₹37.1 crore. Atomberg has filed a DRHP for an IPO including a ₹450 crore.

Read Full Story
Next Story
Source: inc42

Deepinder Goyal’s Temple Wearable Gets Smaller Ahead Of 2026 Launch

Business

"Deepinder Goyal has unveiled a new, compact design for Temple's wearable, claiming it is the smallest and most powerful device on the market. Likely focused on measuring cerebral blood flow and longevity, the limited edition will open for pre-orders soon and ship by late 2026. Temple, valued at $375 million after raising $54 million in seed funding, represents a shift toward specialized healthtech wearables beyond traditional smartwatches.".

Read Full Story
Next Story
Source: inc42

Exclusive: Fragaria In Talks To Raise ₹40 Cr From Blume Ventures, Others

Business

"Chennai-based agritech startup Fragaria Fruits is in talks to raise ₹40 crore in a funding round led by Blume Ventures, potentially reaching a ₹160 crore valuation. The company utilizes high-precision indoor vertical farming to produce premium, pesticide-free strawberries under its Oh! Fruits brand. Currently scaling operations in Bengaluru, Fragaria plans to expand into blueberries and raspberries as India's agritech market grows toward a projected $28 billion by 2030.".

Read Full Story
Next Story
Source: inc42

Turtlemint Jumps Nearly 6% After Bullish Ratings From Jefferies

Business

Turtlemint shares rose up to 5.7% to ₹152.80 following a ‘Buy’ rating and ₹190 target price from Jefferies. The brokerage highlighted growth potential from the company's PoSP network, forecasting a 38% revenue CAGR and a 10% adjusted EBITDA margin by FY29. Additionally, Turtlemint reported a 40% year-on-year increase in Q1 FY27 operating revenue to ₹294.1 crore, while narrowing its net loss by 19% to ₹37.8 crore.

Read Full Story
Next Story
Source: inc42

Urban Company Jumps 8% As UBS Sees ‘Blinkit Moment’ In Home Services

Business

Urban Company shares surged over 8% following a ‘Buy’ rating and ₹180 target price from UBS, which anticipates accelerated growth in India’s home services market. While the company reported a Q1 FY27 net loss of ₹92.1 crore due to heavy investments in its InstaHelp vertical, its core India business remains profitable. Urban Company is also expanding internationally and aims for consolidated adjusted EBITDA break-even by Q3 FY28.

Read Full Story
Next Story
Source: inc42

Google Rolls Out AI-Powered JEE, NEET Preparation Tools

Business

Google has launched AI-powered learning tools across Search and Gemini to assist students preparing for competitive exams like JEE and NEET. These features include practice quizzes, interactive visualizations, and a dedicated Student Hub for personalized study plans and diagnostic tests. Additionally, Google is offering eligible college students free access to its AI Plus plan and introducing new classroom controls for educators to track student progress in real time.

Read Full Story
Next Story
Source: inc42

Atomberg Files DRHP With SEBI For ₹450 Cr+ IPO

Business

"D2C consumer appliance startup Atomberg has filed its draft red herring prospectus with SEBI for an initial public offering. The IPO includes a fresh issue of up to ₹450 crore and an offer for sale of 7.6 crore shares by investors including Temasek Holdings and A91 Partners. Atomberg may also conduct a ₹90 crore pre-IPO placement, using proceeds for debt repayment, marketing, research, and general corporate purposes.".

Read Full Story
Next Story
Source: inc42

Microdrama’s Big Problem, The Data Centre Security Bill & More

Business

India's business landscape is evolving with the rise of localized microdramas and the growth of babycare quick commerce through Peeko's $7 million funding. Upstox is preparing for a ₹3,800 crore IPO, while Minimalist returns to profitability. Meanwhile, HUL faces a legal dispute with Beco, and LongStraw Carbon tackles pollution via biochar. Additionally, data center security concerns grow as critical digital infrastructure expands across the country.

Read Full Story
Next Story
Source: inc42

Flipkart Ads Drive Walmart’s Advertising Business Growth In Q2

Business

"Walmart's global advertising business grew 20% in Q2 FY27, driven largely by Flipkart Ads. Walmart International reported sales of $35.2 billion, a 12.8% increase, while ecommerce sales rose 19%. Despite this growth, a timing shift in Flipkart’s Big Billion Days is expected to hinder Q3 sales. Meanwhile, Flipkart is expanding into food delivery and premium groceries while delaying its IPO to prioritize profitability and margin improvement.".

Read Full Story
Next Story
Source: inc42

Tiger Global-Backed Upstox Begins IPO Talks, Eyes $400 Mn Public Issue: Report

Business

Upstox, India's fifth-largest stockbroking platform, has started preliminary talks with investment banks for an IPO aiming to raise approximately $400 million. The offering will likely include fresh shares and an offer for sale, potentially allowing major investors like Tiger Global to reduce their stakes. This move follows Groww's recent listing and aligns with the growing retail investor base in India, as Upstox expands its digital financial services.

Read Full Story
Next Story
Source: inc42

India’s Data Centre Boom Has A Security Blind Spot

Business

India's rapidly growing data center infrastructure faces escalating cybersecurity, physical, and geopolitical threats. With the average breach cost hitting ₹25.5 Cr in 2026, risks like ransomware and insider attacks are rising. Incidents involving the Kudankulam plant and facility fires highlight these vulnerabilities. Consequently, enterprises and regulators are shifting toward stricter contractual accountability and integrated security solutions to protect critical digital infrastructure powering AI and government services.

Read Full Story
Next Story
Source: inc42

Jodii Vs Jodi365: Inside Matrimony.com’s Trademark Setback

Business

"The Madras High Court has restrained Matrimony.com from using its 'Jodii' brand, finding it deceptively similar to Free Elective Network’s registered 'Jodi365' trademark. Overturning a 2022 ruling, the division bench ordered the destruction of infringing materials but rejected Free Elective’s claim for ₹1 crore in damages. Matrimony.com is now considering an appeal to the Supreme Court to challenge the decision regarding the matchmaking platform's branding.".

Read Full Story
Next Story
Source: inc42

Zetwerk UDRHP: A Look At Shareholding Pattern & Key Executives

Business

B2B manufacturer Zetwerk has filed updated IPO papers with SEBI to raise ₹2,600 crore through a fresh issue and an offer-for-sale of up to 9.6 crore shares. The company plans to use ₹1,800 crore to repay debt, with the rest for acquisitions. While major investors like Peak XV and Accel seek partial exits, Greenoaks will retain its stake. Zetwerk reported FY26 revenue of ₹15,913.3 crore and a net loss of ₹1,606.2 crore. (74 words) -.

Read Full Story
Next Story