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Axiom Partners' Sandhya Venkatachalam backs AI for real
Sandhya Venkatachalam founded Axiom Partners, a $52 million fund targeting AI applications in construction, industrials, and insurance.
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Sectors on Runway Months: Fintech and payments, B2B SaaS, AI and applied ML, Commerce and D2C, Quick commerce and logistics tech and Healthtech.
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Mastercard Exits Pine Labs With $933.6 Million Stake Sale
Mastercard has sold its entire 4.31% stake in payments firm Pine Labs for ₹933.6 Cr via a bulk deal. The exit follows a partial sale during Pine Labs' 2025 IPO and adds to a trend of early backers reducing their holdings.
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ADIA Sells Lenskart Stake Worth ₹2,390 Crore
Abu Dhabi Investment Authority sold 3.5 crore Lenskart shares at ₹683.02 each, reducing its stake by roughly 20%.
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Moneyview IPO priced at Rs 32-34 per share for Rs 1,092
Fintech unicorn Moneyview has set a price band of Rs 32-34 per share for its upcoming IPO, seeking a valuation of Rs 5,985 crore, a significant markdown
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Shenzhen Capital Group Leads China Startup Investment
Shenzhen Capital Group was the most active investor in China-based startups over the past year, completing 67 deals according to data from Tech in Asia.
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BharatPe, Jio Payments Lead GFF 2026 Day One Launches
Indian fintech startups including BharatPe and Jio Payments Solutions unveiled new AI and cross-border payment products on the first day of the Global
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Flipkart Launches Standalone Quick Commerce App Minutes
Flipkart has launched a standalone beta app for its quick commerce service, Minutes, offering zero platform fees and free delivery on orders over ₹99.
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ESDS Shares Triple Post-IPO, Hit Upper Circuit For Third Day
ESDS Software Solution shares hit the 20% upper circuit for a third consecutive session, trading over 200% above their IPO price.
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Circle to Acquire Tazapay in All-Stock Deal
Circle Internet Group has agreed to acquire cross-border payments startup Tazapay. The all-stock deal is reportedly valued at nearly $400 million.
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W Health Ventures closes second fund at $84
Healthtech-focused venture capital firm W Health Ventures has closed its second fund at ₹700 crore, exceeding its initial target.
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Shiprocket Narrows Losses as New Verticals Grow
Logistics startup Shiprocket cut its quarterly net loss by 24% year-on-year to ₹13.7 Cr in Q1 FY27, while revenue grew 34% to ₹592.1 Cr.
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NoPaperForms Files for IPO, Info Edge to Partially Exit
SaaS startup NoPaperForms has filed an updated DRHP for an IPO comprising a fresh issue of INR 375 crore and an offer for sale of up to 3.8 crore shares.
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Innoviti Cuts FY26 Loss By 57% Despite Revenue Dip
Digital payments startup Innoviti reduced its net loss to ₹26.7 Cr in FY26, a 57% improvement, even as operating revenue fell 17% to ₹118.9 Cr.
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Urban Company's Q1 FY27 Revenue Hits ₹528 Cr Amid InstaHelp
Urban Company reported a year-on-year increase in operating revenue to ₹528 Cr for Q1 FY27, but swung to a ₹92 Cr loss, driven by heavy investment in
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NoPaperForms Files Updated IPO Papers For ₹375 Cr+ Offer
SaaS startup NoPaperForms, parent of Meritto, has filed an updated draft prospectus for an IPO comprising a ₹350 Cr fresh issue and a 3.8 Cr share OFS
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Flipkart Minutes May Double Dark Store Network by 2027
A UBS report suggests Flipkart's quick commerce arm, Minutes, could add 1,000 dark stores by mid-2027, nearly doubling its network.
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Alpha Wave Sells Pine Labs Stake for ₹550 Cr
Investment firm Alpha Wave sold a 3.1% stake in fintech Pine Labs for ₹550 crore via block deals, leaving it with a minimal holding.
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Malaysian Startups Boost Gig Worker Finances
Three Malaysian fintech startups, Paywatch, Versa, and Get Hyred, are developing solutions to improve financial security for gig workers, supported by the
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Zepto Tightens Spending After IPO Delay
Quick commerce startup Zepto is raising delivery fees, cutting discounts, and launching a paid membership program to improve profitability after postponing its IPO.
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Inc42 D2C Summit 2026 Gathers 600+ Leaders
Inc42's seventh D2C & Retail Summit brought together over 600 founders, CXOs, and investors in Gurugram on August 19, 2026, featuring sessions on AI, quick commerce, and scaling strategies.
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BOK Holds Rate at 2.50% Amid Iran War
The Bank of Korea kept its benchmark interest rate unchanged at 2.50% for a seventh consecutive meeting, citing heightened uncertainty from the US-Iran
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Korean Asset Managers Launch SpaceX IPO ETFs
Mirae Asset and Korea Investment Management listed new US space tech ETFs on Tuesday, aiming to capitalize on the anticipated SpaceX IPO.
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Zerodha's Revenue Shifts as Brokerage Falls
Zerodha's brokerage revenue fell in FY26, but profits rose slightly. The company now earns nearly 40% of gross revenue from non-brokerage sources like interest and margin trading.
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New-Age Tech Stocks Mixed; Ather Gains 10%
Ather Energy rallied 10% after a major investment from Hero MotoCorp, while Shiprocket fell over 9% in its first full week of trading.
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Indian New-Age Tech IPOs Surge, Market Cap
Over 60 Indian new-age tech firms are now publicly listed with a combined market cap over $188 billion. 10 debuted in 2026 after a record 18 IPOs in 2025.
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Korean shipbuilders land LNG, ammonia orders
South Korea's three major shipbuilders have secured new orders for high-value energy transport vessels, including ammonia carriers and a floating LNG
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Raise Financial Hires Ex-Upstox Exec
Fintech unicorn Raise Financial Services has appointed former Upstox senior director Abhishek Singh as CEO of its new insurtech vertical, Pluto Insurance.