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Agritech Startup Arya.ag Bags $80 Mn From GEF Capital Partners
Agritech startup Arya.ag has raised $80.58 Mn (about INR 725 Cr) in its Series D round, which was a mix…
Zaggle expects margin support from Visa tie-up, sticks to FY26 growth guidance
Zaggle CEO Avinash Godkhindi said the company’s long-term partnership with Visa will add to programme income through spend-linked incentives without raising costs. He said the AU Small Finance Bank tie-up will go live soon and that more bank partnerships are in the pipeline. Godkhindi added that Zaggle is on track to meet its FY26 growth guidance of 40–45% and expects EBITDA margins to remain within the 10–11% range, while also pursuing further acquisitions.
Exclusive: Juspay to Apply for Payment Aggregator Cross-Border Licence With the RBI
Payments technology firm Juspay is set to apply for the RBI’s cross-border payment aggregator licence, according to regulatory filings. The post Exclusive: Juspay to Apply for Payment Aggregator Cross-Border Licence With the RBI appeared first on MEDIANAMA .
Ola, Uber’s new rival Bharat Taxi to officially launch operations by end of January
An Indian government-backed ride-hailing app is preparing for its full launch after a quiet pilot showed strong early traction. The Bharat Taxi app will be officially rolled out by the end of January in Delhi and several other cities, according to a PTI report . The move comes after thousands of daily rides during its soft launch phase convinced officials that the platform could work at scale. The app was introduced on a pilot basis in Delhi last month. Since then, it has been handling around 5,500 rides every day. A large share of these bookings are from the airport, with the rest spread across city locations and different vehicle categories. More than 1.4 lakh drivers have already signed up. For many of them, the appeal is simple. The app does not take any commission. A senior official from the Ministry of Cooperation, which is leading the initiative, told PTI that the response so far has been encouraging and the formal launch will take place before month-end. “We have received a ...
Zappfresh To Acquire Majority Stake In RTC Meat Brand Avyom Foodtech
Delhi NCR-based meat delivery startup Zappfresh’s board has approved the acquisition of a 51% stake in Avyom Foodtech Private Limited…
E to E Transportation Infra IPO Lists At 90% Premium On NSE SME Platform: Know About This Company
E to E Transportation Infra IPO Listing: The SME stock lists on the NSE Emerge at Rs 330.6 apiece, which is 90% higher than the issue price of Rs 174.
Knight FinTech Raises $23.6 Mn To Build Infrastructure For Financial Institutions
AI-based banking and lending infrastructure provider Knight FinTech has raised $23.6 Mn (around INR 196 Cr) in its Series A…
Karnataka’s 2025 Funding Trends Hint at a Tougher Break Ahead for Startups
According to a Tracxn report, Karnataka startups in 2025 raised $3.6 billion cumulatively over 500 funding rounds. The post Karnataka’s 2025 Funding Trends Hint at a Tougher Break Ahead for Startups appeared first on Analytics India Magazine .
Yum! deal? India's KFC, Pizza Hut operators announce $934-million merger
The merger of Devyani International and Sapphire Foods creates a fast-food powerhouse in India, where both KFC and Pizza Hut are loss-making brands.
Two Acquisitions, One Big Goal: Inside HCLSoftware’s Smart Data and AI Brain
HCLSoftware explained how Jaspersoft and Wobby fit into its XDO blueprint spanning analytics, governance, and AI agents. The post Two Acquisitions, One Big Goal: Inside HCLSoftware’s Smart Data and AI Brain appeared first on Analytics India Magazine .
China AI chipmaker Biren soars over 100% on Hong Kong debut as IPO wave builds
Hong Kong’s IPO pipeline includes AI startups and chipmakers, with Zhipu AI and Iluvatar CoreX to debut next on January 8
KFC, Pizza Hut Operator Sapphire Foods To Merge With Devyani International
KFC and Pizza Hut operator Sapphire Foods India Limited will be merged into Devyani International Limited
Knight FinTech raises $23.6M Series A led by Accel
The round also saw participation from IIFL and Rocket Capital, along with existing investors Prime Venture Partners, 3one4 Capital, Commerce VC and Trifecta Capital.
Baidu’s AI chip arm Kunlunxin files confidentially for Hong Kong listing
KUNLUNXIN-IPO-BAIDU:Baidu’s AI chip arm Kunlunxin files confidentially for Hong Kong listing
CNBC-TV18 Newsbreak Confirmed: KFC, Pizza Hut operator Sapphire to Merge into Devyani at 1:1.77 swap ratio
Sapphire Foods India Limited will merge into Devyani International Limited, consolidating KFC and Pizza Hut operations under one listed company with about 3,000 stores across India.
ICICI Bank launches capital gains account scheme
Aurobindo Pharma arm acquires non-oncology portfolio of Khandelwal Labs
The business generated a turnover of ₹113.5 crore in 2024-25 with an EBITDA of ₹28.9 crore. It has around 470 people strong field force and more than 1,600 stockists and other distribution related infrastructure.
Fino Payments Bank on track to turn Small Finance Bank: MD
The bank is planning to invest about ₹100 crore- to ₹150 crore over the next 3 to 4 years to build the tech stack that would be required for lending operations
OYO Pre-Files DRHP For INR 6,650 Cr IPO
Hospitality unicorn OYO’s parent PRISM has pre-filed draft papers for an initial public offering (IPO), days after receiving shareholders’ nod…
Flipkart sells entire 31.25% stake in Flying Machine parent to Arvind Fashions for Rs 135 crore
Walmart-owned ecommerce giant Flipkart is exiting its investment in Flying Machine as part of a broader portfolio clean-up ahead of its proposed IPO , with Arvind Fashions set to acquire the ecommerce major’s entire stake in the brand’s parent entity. Arvind Fashions Ltd said it will acquire Flipkart Group’s 31.25% holding in Arvind Youth Brands Pvt Ltd (AYBPL) for Rs 135 crore, making the company a wholly owned subsidiary. The acquisition will be executed through a share purchase agreement with Flipkart India Pvt Ltd and is expected to close on December 29, 2025, the company said in a regulatory filing. The transaction involves the purchase of one equity share of Rs 10 each and 58,95,852 compulsory convertible preference shares (CCPS) of Rs 100 each, representing Flipkart’s entire stake in AYBPL on a fully diluted basis. AYBPL operates in the wholesale and retail of apparel and accessories under the Flying Machine brand. Flipkart had invested Rs 260 crore in Arvind Youth Brands in ...
Exclusive: BharatPe To Raise Rs 45 Crore In Debt From Neo Group Ahead of IPO
BharatPe is raising Rs 45 crore in debt from the Neo Group ahead of its initial public offering (IPO), as per regulatory filings that MediaNama reviewed. The post Exclusive: BharatPe To Raise Rs 45 Crore In Debt From Neo Group Ahead of IPO appeared first on MEDIANAMA .
B2B seafood marketplace Captain Fresh pauses IPO plans after withdrawing DRHP
Global packaged seafood startup Captain Fresh has withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), citing the need to complete a material overseas acquisition before proceeding with its IPO. The Bengaluru-based company had been planning to raise Rs 1,700 crore through a fresh issue as part of its IPO. The DRHP had been filed via the confidential pre-filing route by its parent, Infifresh Foods Ltd, in August this year for a proposed $400 million listing. Ahead of the public issue, Captain Fresh had also raised Rs 250 crore in pre-IPO funding led by existing backers Accel, Prosus Ventures and Tiger Global, with participation from the family office of Swiggy cofounder Sriharsha Majety, India Equity Partners chairman Sid Khanna and the late Sunjay Kapur of Sona Comstar, among others. According to media reports, co-founder Utham Gowda said the company has temporarily paused its listing plans due to delays linked to regulatory...