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PEAK XV FOUNDER RETREAT
Rupee clings to two-week high as oil slides, intervention helps cement riseThe Indian rupee experienced a significant rebound on Tuesday, intensifying to its strongest position in two weeks. The decline in oil pric...- Unacademy investors to get UpGrad board seat as Rs 1,955-crore merger nears closeUpGrad is acquiring Unacademy through an all-stock transaction. The Competition Commission of India cleared the merger on July 7, removing ...
- Iran will never reach understanding with US, deputy parliament speaker saysIran's Deputy Parliament Speaker Hamidreza Haji Babaei stated no understanding with America is possible. He emphasized the Strait of Hormuz...
- More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
- Anicut Capital takes over Bira founder Ankur Jain's stake, to lead restructuringAnicut Capital has taken over B9 Beverages founder Ankur Jain's shares. The venture debt provider will now lead the troubled company's rest...
- Post-IPO block deals have become key exit route for PE-VC investors: ReportOnly 23 companies raised $2.3 billion through IPOs during the period, compared with a record 105 issues that raised $18.7 billion in 2025. ...
- Deepinder Goyal’s Temple eyes fresh funding; PE-VC exits shiftDeepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more in today’s ETtech Top 5.
- Gold and silver retreat from peaks: Here's what the price reset means for your portfolioGold and silver prices have significantly declined after reaching peaks earlier this year. This correction follows a period of strong gains...
- ETtech Deals Digest: Veriqus, Raghu Vamsi, Neo Group lead weekly funding at $170 millionEarly-stage rounds accounted for 50.1% of the capital raised during the week, while late-stage deals made up 45%. Seed-stage startups contr...
- B9 board, investors set out to find buyers for founder Ankur Jain's stakeBira 91 is currently exploring options for selling founder Ankur Jain's stake, with its board and investors actively pursuing potential buy...
- 'First cheque is never just capital, it's belief': Skyroot's Pawan Kumar on angel investor Mukesh BansalChandana said Bansal trusted the founding team and gave them room to make their own calls while staying available to mentor them. "The firs...
- From craft beer darling to founder's exit: Bira 91's journey ahead of a revival bidBira 91 founder Ankur Jain has exited the company after a settlement. This agreement allows for the company's recapitalization and operatio...
- Bira 91 beer founder Ankur Jain quits board, gives up control in settlementBira 91 founder Ankur Jain has stepped down from the company's board. He is giving up all executive powers and ownership to settle disputes...
- Rupee hits two-month low despite RBI intervention as crude oil surge weighsThe Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...
- Scapia announces Rs 20 crore Esop buybackTravel fintech Scapia has launched a Rs 20 crore employee stock ownership plan buyback. Eligible employees can now sell up to ten percent o...
- Turtlemint Q4FY26 revenues rise 42%, posts first quarterly profitTurtlemint reported a 42% revenue increase and its first net profit. This achievement followed its stock market debut in June 2026. The ins...
- Peak XV leads Rs 350 crore funding round in wealth manager Neo GroupThe transaction is expected to close shortly, Neo said in a statement. It did not disclose the valuation for the round or the investment sp...
- Skyroot targets July 18 launch of India’s first private orbital rocket Vikram-1Skyroot Aerospace targets July 18 for its Vikram-1 rocket's maiden orbital launch. This mission, named Aagaman, will lift off from Sriharik...
- Quick commerce platforms gear up for gourmet grocery warQuick commerce platforms are preparing for a gourmet grocery war with Zepto, Flipkart Minutes and Amazon Now launching premium grocery offe...
- Elevation Capital closes $500 million India fund; to back startups building on AI’s app layerThrough its ninth India fund, Elevation will back early-stage startups building AI-led businesses tackling India's large, operationally com...
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