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🚨 Udaan is in advanced discussions to acquire ShopKirana. The move will mark the second major consolidation in the B2B commerce market, after Jumbotail acquired Solv. Details 👇 thearcweb.com/article/udaan-…

🚨 Mamaearth's parent co Honasa has appointed former Flipkart and HUL executive Yatish Bhargava as chief business officer (CBO) This comes as the former CBO Zairus Master resigned in January this year

🚨BIG🚨 MakeMyTrip wants to raise $3 billion to reduce China’s Trip. com's shareholding. This will be the biggest fundraising exercise by a listed internet company from India. For context, Paytm’s IPO in 2021 raised about $2.44 billion. thearcweb.com/article/makemy…

🚨 Anti-trust regulator CCI has approved Delhivery's acquisition of rival Ecom Express - one of the largest consolidation deals in India's logistics market

🚨 Directors of Kuber Industries have filed for insolvency proceedings against Globalbees, claiming non-payment of Rs 64.92 crore. Globalbees, a subsidiary of Firstcry, acquired home decor brand Kuber in 2022. Co says it is taking legal advice to "safeguard its interests."

🚨 MakeMyTrip has priced its mega equity raise at $90 per share, meaning it will raise at least $1.41 bn 💰 If the bankers exercise the option to purchase additional shares, the equity offering will reach $1.62 bn. MakeMyTrip's share price went up 3.2% on Wednesday

🚨 United Spirits will increase its stake in Nao Spirits - maker of Greater Than and Hapusa - from 30% to 97% United Spirits will spend Rs 110 cr to increase the stake, which includes Rs 56 cr in primary capital infusion. Nao's net sales increased by 29% to Rs 35 cr in FY25

🚨 Y Combinator's Arnav Sahu has joined Peak XV as a partner based out of Silicon Valley 🧑‍💼 We reported this development and Peak XV's investment in Luminai in March - thearcweb.com/article/peakxv…

🚨No pressure on founders, no hurry to exit: Zerodha's Rainmatter chief Dinesh Pai spoke to ANAND J and Bhavya Dilipkumar on new fund corpus, focus areas moneycontrol.com/news/business/…

🚨 PayU India reported a 24% increase in revenues to $669 million in FY25 Losses also increased by 38% to $44 million during the year

🚨A week after bike taxi ban, Bengaluru sees spike in traffic jams, costlier auto rides & angry gig workers Bhavya Dilipkumar & I report moneycontrol.com/news/india/a-w…

One of the strangest things about being a founder is the timing mismatch of emotions. By the time the world starts congratulating you for something you did - closing a round, hitting a milestone, launching something big - you’ve already moved on. You’re knee-deep in the next

NPCI’s ~47% net margin is significantly higher than most private digital payment players, where net margins are often in the single digits or negative. PhonePe & Google Pay are yet to be profitable despite significant market share in the UPI market.

Back-to-office blues: Bengaluru's ORR tech parks see up to 45% rise in private vehicles; Wednesday most congested By ChristinMathewPhilip moneycontrol.com/news/india/bac…

🚨Drone startup Raphe mPhibr has been valued at close to $900 million in the latest funding round by General Catalyst The Noida-based startup is already profitable, reaching PAT of Rs 36 crore on Rs 240 crore operating revenue for April-Dec 2024 thearcweb.com/article/drone-…

🚨 Payments company Pine Labs has filed its DRHP for IPO Primary raise: Rs 2,600 crore Offer-for-sale: 147.8 million shares Major sellers include early backer Peak XV Partners, Actus and Temasek

🚨 Mattress and furniture maker Wakefit has filed for its IPO 🛏️🪑🔔 Primary fundraise: Rs 468 crore Offer for sale (OFS): 58.4 million shares Peak XV, Verlinvest, and Investcorp are among the major sellers in OFS

🚨 Cloud kitchen platform Curefoods has filed its DRHP for a public offering Primary capital raise: Rs 800 crore Offer for sale (OFS): 48.54 million shares Sellers include Iron Pillar, Chiratae and Accel, among others

Jane Street made a net profit of Rs 36,502 crore ($4.3 billion) from January 2023 to March 2025 in the Indian markets, according to the Sebi order 🤯

🚨 Eternal has said that Aditya Mangla will take over as CEO of Zomato, its food delivery business Mangla has been with Zomato since 2021 and is currently the head of product for food ordering. He takes over from Rakesh Ranjan, who was made the CEO two years ago.