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How Cashfree Payments is helping India’s next wave of SMBs build and scale

Startups

As India’s SMB ecosystem grows, Cashfree Payments helps businesses build trust, boost conversions, reduce friction, and expand globally.

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Source: inc42

Simple Energy Launches Wave Family Escooter At ₹1.1 Lakh

Business

Bengaluru-based startup Simple Energy has launched the Simple Wave, a family electric scooter starting at ₹1.10 Lakh. The lineup features six models across three variants, with the top-end Wave+ offering a 243 km IDC range and 90 kmph top speed. Aiming to compete with rivals like Ola and Ather, the company plans to scale monthly sales to 10,000 units by March 2027 through expanded production and retail networks.

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Source: inc42

Pine Labs Appoints Ex-Amazon, Razorpay Executive Jayaram Karthik As COO

Business

"Pine Labs has appointed Jayaram Karthik, formerly of Razorpay, as its Chief Operating Officer to oversee operations and merchant experiences across India and over 20 international markets. With 25 years of experience, Karthik aims to standardize operational infrastructure to support global growth. This move follows a strong FY26, where the fintech reported ₹2,711 crore in revenue and a net profit of ₹113 crore, alongside significant AI investments.".

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10 Lessons from The Book of Joy about lasting happiness

Startups

The Book of Joy, by Douglas Abrams, captures conversations between the Dalai Lama and Archbishop Desmond Tutu, arguing that joy can coexist with suffering. Rather than seeking a perfect life, the authors suggest cultivating lasting happiness through practices like compassion, gratitude, forgiveness, and generosity. By shifting perspective and fostering meaningful connections, individuals can develop inner resources to find meaning and stability despite life's inevitable challenges and uncertainties.

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Source: inc42

Inside 88-Year-Old Jagdish Farshan’s ₹43.5 Cr Bet On Quick Commerce

Business

Vadodara-based legacy snacks brand Jagdish Farshan has raised ₹43.5 crore in its first institutional funding round, led by Sharrp Ventures. The company intends to use the capital to expand its manufacturing capacity and retail distribution beyond Gujarat, targeting Maharashtra and Madhya Pradesh. By leveraging quick commerce and adding 30-40 new stores, the brand aims to transition from a regional business into a pan-India consumer brand.

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Salaries rise for tech professionals with AI skills, but dip or stagnate for those in traditional IT roles: Study

Startups

"A study by foundit reveals that AI-skilled professionals are seeing a 12% annual salary increase, while traditional IT roles stagnate or decline. AI salaries have compounded 23% since 2024, significantly outpacing entry-level IT services pay. Cybersecurity and semiconductors also show growth, with cybersecurity reaching the highest salary ceiling. Bengaluru remains India's top-paying hub for AI talent, reflecting a growing demand for specialized technological capabilities.".

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How Hexalog is helping MSMEs simplify cross-border logistics and scale globally

Startups

India's ecommerce growth has transformed logistics into a strategic business differentiator. Hexalog, led by CEO Dibyanshu Tripathi, provides cross-border logistics orchestration for D2C brands and MSMEs, simplifying complex global trade processes like customs and compliance. By focusing on supply chain coordination and an asset-light model, Hexalog helps smaller businesses optimize working capital and reduce operational risks, enabling them to scale internationally with enterprise-grade capabilities.

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Source: inc42

Quick Commerce Supply Chain Startup DocPharma Nets $2 Mn For Expansion

Business

Healthcare supply chain startup DocPharma has raised $2 million in a Pre-Series A funding round led by Equentis. The company plans to use the investment to expand its operations to 50 Indian cities and establish 100 new licensed dark stores. DocPharma provides backend infrastructure for healthcare platforms through its proprietary DocPharma One platform, enabling rapid delivery of medicines and wellness products in under 30 minutes.

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Amazon India creates 1.6 lakh seasonal jobs ahead of festive season

Startups

Amazon India has created over 160,000 seasonal job opportunities across 400 cities to bolster its ecommerce and quick commerce operations for the festive season. These roles, spanning various fulfillment stages, include positions for women and people with disabilities. The company is providing training and access to welfare initiatives like the Samridhi and Sammaan programmes, ensuring safety and social security for its expanded logistics workforce.

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Source: inc42

Aeron Systems Raises ₹45 Cr To Scale Navigation, Weather-Monitoring Systems

Business

Pune-based deeptech company Aeron Systems has raised ₹45 Cr (about $4.7 Mn) in a pre-Series B funding round jointly led.

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Online bank account opening for first-time earners: What to check before you apply

Startups

First-time earners should carefully evaluate their financial needs before opening their first savings account. Digital banking simplifies the process, requiring documents like Aadhaar and PAN for verification. Key considerations include comparing interest rates, average monthly balance requirements, and digital banking features to ensure long-term suitability. By following a structured application process and avoiding common mistakes, new professionals can establish sound financial habits and achieve their goals.

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Source: inc42

Pernia’s Pop-Up Shop Parent IPO Subscribed 37% On Final Bidding Day

Business

Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, saw muted demand for its ₹680 crore IPO, with overall subscription reaching 37% by the final bidding day. While retail investors oversubscribed their portion 1.23 times, institutional interest remained low. The company plans to use the proceeds for lease liabilities and marketing. Listing on September 7, the luxury fashion firm reported a widened net loss of ₹285.4 crore.

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Source: inc42

Byju Raveendran Offers Aakash Shares To Settle Qatar Holding’s $235 Mn Claim

Business

Byju Raveendran has proposed relinquishing 17.89 million Aakash Educational Services shares, representing about 5.7% equity, to settle a $235 million arbitration claim from Qatar Holding. Despite this offer, Qatar Holding continues to seek debt repayment and enforcement of arbitral awards through courts in India and Singapore. This dispute occurs as Aakash remains a critical asset amid broader insolvency proceedings and legal battles involving BYJU’S various creditors.

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Source: inc42

Eutelsat OneWeb Seeks Urgent Security Nod To Launch Satcom Services In India: Report

Business

Eutelsat OneWeb has urged India's Department of Telecommunications to expedite its pending security clearance to launch satellite broadband services. Despite securing IN-SPACe authorization and establishing ground infrastructure in Gujarat and Tamil Nadu, the company faces delays that threaten the viability of its ageing satellite constellation. Once cleared, OneWeb will still require spectrum assignment to begin commercial operations, competing with other providers like Starlink and Jio Satellite.

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Source: inc42

The Ad Break Comes To AI

Business

If you asked ChatGPT for a new phone, a family car or the best way to plan a holiday, you.

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Source: inc42

Edtech’s Big Consolidation, ESDS’ Bumper IPO & More

Business

upGrad has acquired rival Unacademy in a $200 million all-stock deal, marking a significant valuation drop for the former unicorn. This merger integrates K-12 and test prep into upGrad’s upskilling portfolio. Other industry updates include ESDS's successful IPO, Yuma Energy's $35 million funding, and Icertis's leadership change following misconduct allegations. Additionally, VinFast is reassessing its Indian operations, while AlgoFET develops autonomous drone docking infrastructure.

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How the Unacademy-upGrad deal unfolded; Why AI could push India’s ER&D revenue past $100B

Startups

upGrad acquired Unacademy for over $200 million, a fraction of its peak valuation. In the insurance sector, InsuranceDekho and RenewBuy merged to expand their national distribution. India's government launched Semicon 2.0 with a Rs 1.27 lakh crore outlay to boost semiconductor manufacturing. Additionally, Nasscom predicts AI will push ER&D revenue past $100 billion by 2030, while ITC Infotech and Happiest Minds Technologies announced a strategic merger.

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Source: Tech Crunch

Larry Page’s flying car company Pivotal loses its CEO

Startups

Ken Karklin, CEO of Larry Page-backed eVTOL company Pivotal, has stepped down after four years to pursue new endeavors. Interim CEO Mike Ross, a former board member, will lead the firm as it prepares to launch its fourth-generation Helix aircraft. Pivotal, which produces the license-free Helix and the emergency-response BlackFly, remains part of the FAA’s Integration Pilot Program to advance the future of electric vertical takeoff and landing flight.

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Source: inc42

JioHotstar Rolls Out Services In The UK, Canada and Singapore

Business

"JioHotstar is expanding its streaming services into the UK, Canada, and Singapore, targeting the South Asian diaspora and global audiences. The platform will offer 1.6 lakh hours of content in over 12 languages, with 30,000 hours of new material added annually. Offering quarterly and annual subscription tiers, JioHotstar aims to leverage cultural affinity through originals and early TV access to establish a strong international presence.".

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JioHotstar expands into UK, Canada and Singapore

Startups

JioHotstar is expanding its global reach by launching in the United Kingdom, Canada, and Singapore. Targeting the South Asian diaspora and international viewers, the platform offers over 160,000 hours of content in more than 12 languages across various genres. The service features personalized recommendations and flexible subscription options, including new quarterly plans, aiming to reimagine the streaming experience through diverse originals and iconic franchises worldwide.

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