Anicut Capital Takes Control Of Bira 91 Founder Ankur Jain’s Stake

Source: inc42

Anicut Capital Takes Control Of Bira 91 Founder Ankur Jain’s Stake

Business

"Anicut Capital has acquired a stake of over 17% in B9 Beverages, the parent company of Bira 91, from founder Ankur Jain and his family. This transition follows Jain's resignation from the board and the relinquishment of executive control amid a severe financial crisis and debt exceeding ₹1,000 crore. Anicut Capital will now lead restructuring efforts and nominate three directors to revive the debt-laden craft beer maker.".

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Anthropic CEO outlines plan to ‘pace the frontier’

Startups

What would it actually look like to "pace the frontier"?

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BRICS backs startup incubator network, considers innovation fund in New Delhi Declaration

Startups

The grouping also proposed a digital public infrastructure repository, deeper cooperation on AI and faster cross-border payments among member countries.

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Revolut confirms customer data breach through fake government requests

Startups

Revolut said it notified affected customers and alerted the relevant government agency, law enforcement, and financial regulators.

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ESDS Soars 92% To Lead New-Age Tech Stocks This Week, MDR Hopes Lift Fintechs

Business

New-age tech stocks delivered a mixed performance this week as weakness in the broader equity market kept investor sentiment cautious.

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WestBridge-Backed Way2News Restrained From Using AppsForBharat’s Confidential Data

Business

A Bengaluru commercial court has temporarily restrained hyperlocal news startup Way2News from using confidential information and intellectual property belonging to.

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BRICS should help 100 startups scale across member markets every year: PM Modi

Startups

Prime Minister Modi urged BRICS nations to help 100 startups expand into member markets annually. He also tasked the BRICS Business Council with identifying top trade barriers and facilitating 1,000 new business partnerships yearly. India, with its robust startup ecosystem, aims to drive innovation and has proposed a BRICS Incubator Network and Startup Innovation Fund. The expanded 11-nation BRICS group seeks deeper economic ties, with Iran advocating for national currency use and simplified trade.

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Zomato Starts Charging Cash-On-Delivery Customers Up To ₹21 Extra

Business

Eternal’s food delivery arm Zomato has begun charging an additional ‘Pay on delivery’ fee on some cash-on-delivery (COD) orders, with.

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NPCI’s FY26 Profit Drops 32% YoY To ₹989 Cr As Tax Outgo, BHIM Loss Surge

Business

The National Payments Corporation of India’s (NPCI’s) consolidated net profit fell 32.4% to ₹989.4 Cr in the financial year ended.

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New ecommerce rules could add compliance load for small sellers, say industry experts

Startups

The new disclosure parameters will be difficult to met by small and unorganised players while it may favour the larger entities.

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Airtel bats for sovereign stack to process data from India

Startups

According to Airtel it would be incorrect to equate local data residency with data sovereignty as it is about controlling the data with a sovereign technology stack.

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Flipkart Minutes records 4X YoY growth with presence in 150 cities

Startups

Gen Z has emerged as the fastest-growing customer cohort on Flipkart Minutes, with the customer base growing nearly 5X year-on-year in the past twelve months.

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From Pixxel To Swish — Indian Startups Raised Over $321.9 Mn This Week

Business

Startup funding activity rebounded back sharply in the second week of September. Between September 7 and September 11, Indian startups.

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Charm, warmth and design: Inside Slohh by Roach and Hilton’s Curio Collection

Startups

In this photo essay, we showcase the Hilton Curio Collections’ first property in India, Slohh by Roach in Bengaluru.

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China’s AI labs siphoned Claude’s intelligence?

Startups

Anthropic’s report reveals that major Chinese AI developers operated illicit proxy networks to harvest Claude’s reasoning capabilities, unintentionally leaking sensitive military, government, and corporate secrets in the process.

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Process and precision: Artisera exhibition showcases contemporary Indian printmaking

Startups

In this photo essay, we showcase artistic highlights from a printmaking exhibition at Bengaluru’s Artisera gallery.

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Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training data

Startups

The round for the two-year-old startup is coming together months after Mecka announced its Series A.

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Khosla Ventures is opening a New York office this fall — its first outpost outside Sand Hill Road

Startups

"It's actually allegedly being built out now," said Rabois, who has clearly dealt with a missed construction timeline or two.

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Y Combinator’s Garry Tan wants U.S. open-weight AI labs to ‘distill’ frontier models, too

Startups

Tan argues that frontier models themselves trained on public human knowledge so access to capable AI should be "a form of public good.".

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OpenAI’s feud with mathematicians is only escalating

Startups

Twenty-five leading mathematicians signed an open letter arguing that AI labs are threatening their intellectual work.

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One week left to book your exhibit table at TechCrunch Disrupt 2026

Startups

Only one week left to secure your exhibit table. Tables are limited and can sell out before the September 18 deadline.

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