Swiggy Stock Dips After Capping Foreign Ownership to 49.5%
Swiggy’s stock fell over 1% as shareholders approved capping foreign ownership at 49.5%, reclassifying it as an Indian-owned and controlled company.
India’s New-Age Firms Hit $165B Market Cap: Swiggy IPO Status
India’s new-age companies surge to $165B market cap across 50 listed firms. Swiggy’s IPO status and mixed stock performances highlight startup market dynamics.
Swiggy Nears IOCC Status: Operational Control & Private Label Push
Swiggy shareholders approve foreign ownership cap, paving the way for Indian-owned and controlled status and greater operational flexibility, including inventory management.
LandSpace Lands Reusable Rocket, Eyes $1.1B IPO
Chinese firm LandSpace successfully lands Zhuque-3 rocket, confirming reusability. Pursues $1.1B IPO on Shanghai STAR Market to fund growth and compete globally.
Stripe Acquires OpenRouter for $8B, VCs See Huge Returns
Stripe is reportedly nearing an $8B acquisition of AI marketplace OpenRouter, poised to deliver massive returns for early investors like Andreessen Horowitz and Menlo Ventures.
India’s New-Age Firms: $165B Market Cap Driven by IPOs
India’s top 50 new-age companies reach $165B market cap, fueled by a surge in IPOs. Discover the impact on startups and investors.
Blinkit Dominates India’s Quick Commerce: Eternal’s Growth Surge
Eternal Limited’s Blinkit leads India’s quick commerce sector with impressive growth, expanding its dark store network and achieving profitability against competitors like Swiggy Instamart.
India Boosts Domestic Chip Market with Security Mandates
India leverages purchasing power and national security to build a domestic semiconductor market, supporting local startups and following the CCTV model.
Bangladesh Launches Tk 400 Crore Startup Investment Fund
Bangladesh launches Tk 400 crore ‘Fund of Funds’ via Startup Bangladesh Limited to boost startup investment and strengthen the venture capital sector, addressing local investor gap.
Olszewski Demands Answers on Delayed SCORE Funding from Trump Official
Rep. Johnny Olszewski confronts a Trump administration official over stalled SCORE funding, demanding transparency on frozen congressional grants impacting small businesses.
Velaura AI Hits Unicorn Status with $110M Series A Funding
Velaura AI, a chip design startup, secures $110 million in Series A funding, surpassing $1 billion valuation to revolutionize AI data centers with low-power chips.
AjnaLens & Plutomen: AR for India’s Industrial Workers
AjnaLens and Plutomen partner to bring AR remote assistance to India’s industrial frontline, empowering workers and reducing downtime.
DSP Finance Acquires Volt Money for Digital Lending Scale
DSP Finance acquires Volt Money, enhancing digital lending against mutual funds with 5-minute disbursal. Expands loan book to ₹4,000 crore.
ChatGPT for Teens: Safer AI Learning for Ages 13-17
OpenAI launches ChatGPT for Teens, an age-appropriate AI for 13-17 year olds, prioritizing online safety, educational support, and parental controls.
Cred Launches Circle: Connect with Vetted Experts
Fintech firm Cred introduces ‘Circle,’ a new platform connecting its 1.7 crore affluent Indian members with over 100 vetted domain experts in careers, finance, wellness, and more.
BSE & PHDCCI Partner for MSME Equity Growth
BSE and PHDCCI forge strategic alliance to boost capital market access and equity financing for India’s MSMEs, enhancing growth opportunities.
Anthropic IPO Buzz: $200B Revenue Target Sparks $2T Valuation
AI leader Anthropic projects $200B revenue by 2028, fueling $2T valuation speculation ahead of its highly anticipated IPO. Rapid growth and profit targets revealed.
SEMICON India 2026: 240+ Chip Companies to Converge in Delhi
India hosts SEMICON India 2026, drawing 240+ global chip firms and PM Modi. Explore India’s semiconductor progress and future manufacturing under ISM 1.0.
Anthropic Revenue Hits $65B, IPO Rumored for Fall
AI leader Anthropic’s annualized revenue surpasses $65 billion, a sevenfold jump, fueling speculation of an IPO as early as this fall.
BirlaNu Invests in FPEL HR5 Energy for Solar Power Project
BirlaNu acquires a 26% stake in FPEL HR5 Energy for Rs. 2.02 crore to develop a 3.58 MW AC solar power plant, boosting its green energy initiatives.
Prisma Global: First Indian AI Firm Launches Rs 200 Cr Bonds
Prisma Global makes history as the first Indian AI firm to issue Rs 200 crore in bonds. Initial Rs 50 crore offering was oversubscribed eight times, showcasing strong investor confidence.
Navi’s FY26 Losses Quadruple: UPI Investment Drives Surge
Navi’s FY26 net losses surged to Rs 466 crore due to major UPI and new venture investments. Company eyes profitability in FY27 with diversified revenue streams.
Anthropic’s $65B Run Rate Fuels IPO Ambitions
Anthropic hits $65B revenue run rate by July 2026 and positive operating income, signaling strong IPO potential amidst AI market growth.
Darwinbox Weighs IPO vs. Buyout Offers from Microsoft, Salesforce
HR tech unicorn Darwinbox is exploring an IPO or acquisition by tech giants like Microsoft and Salesforce, with a valuation between $1.8B-$2B.
InfraMantra & ZeProp Partner to Empower India’s Real Estate Brokers
InfraMantra and ZeProp join forces to revolutionize India’s real estate broker ecosystem, empowering professionals with cutting-edge technology and expanded market access.
India’s Deeptech Sector Attracts $11.4B in PE/VC Funding
India’s deeptech sector has secured $11.4 billion in PE/VC investments from 2015-2026 YTD, with AI, EVs, and semiconductors leading the surge. Discover the growth.
Beijing’s AGI Bar: Free AI Tokens & Robot Bartenders
Discover Beijing’s AGI Bar, offering free DeepSeek tokens for AI developers and pioneering humanoid robot service, despite financial challenges.
Better Home & Finance: Vishal Garg Ousted Amid Power Struggle
Vishal Garg removed as Better Home & Finance CEO after board vote. Company cites financial losses and trust breakdown in escalating power struggle.
Ola Electric Launches New Battery Energy Storage Systems
Ola Electric expands into power solutions with its new BESS portfolio, including Shakti and Mahashakti, for residential, commercial, industrial, and utility-scale needs.
Saatvik Solar to Build 3.6 GW Cell Plant in Odisha
Saatvik Solar inks MoU with Odisha govt for a 3.6 GW solar cell manufacturing facility in Gopalpur, boosting renewable energy production and creating jobs.