Author: Himanshu Sindhi
DiFACTO Robotics and Automation Pvt. Ltd., a Bengaluru-based leader in manufacturing automation and robotics solutions, has announced the acquisition of the Intellectual Property Rights (IPR) portfolio for the RoboFinish division from Grind Master Machines Pvt. Ltd. This strategic move enhances DiFACTO’s capabilities in robotic surface finishing technologies, positioning the company for significant growth in both domestic and international markets. Key Highlights Future Outlook The acquisition of RoboFinish’s IPR portfolio positions DiFACTO to enhance its product offerings in robotic surface finishing, catering to the evolving needs of manufacturers seeking advanced automation solutions. This strategic move is expected to bolster DiFACTO’s market…
Bengaluru-based B2B e-commerce platform Udaan has raised $114 million in a Series G funding round, led by existing investors M&G Investments and Lightspeed Venture Partners. This brings the total capital raised by the company to nearly $2 billion, positioning it for a planned public listing in 2026. Key Highlights Future Outlook With the new funding, Udaan aims to deepen its category presence, particularly in FMCG and staples, and expand further into underserved markets across India. The company is also focusing on enhancing its technology infrastructure and scaling operations to support its growth trajectory leading up to the planned IPO in…
Bengaluru-based fintech startup Spense has raised $1.85 million in a pre-seed funding round led by GrowthCap Ventures. The investment also saw participation from prominent angel investors, including Kunal Shah (Founder, CRED), Sayandeb Banerjee (Co-founder, The Math Company), Suresh Rayasam (Head of Applied AI for GTM), and Ravi Sudhakar (Director, AI Global Business Strategy at Microsoft) Key Highlights Backing from Industry Leaders The participation of high-profile investors underscores the confidence in Spense’s vision and potential. Pratekk Agarwaal, General Partner at GrowthCap Ventures, highlighted the startup’s commitment to building scalable, bank-grade infrastructure to enhance credit access in India . Future Outlook With…
BigBasket, the Tata Digital-owned online grocery platform, has ventured into the rapid food delivery sector by launching a 10-minute delivery service in select areas of Bengaluru. This strategic move aligns BigBasket with the growing quick commerce trend, aiming to meet the increasing consumer demand for swift and convenient food delivery options. Key Highlights:
Zerodha Capital, the non-banking financial company (NBFC) arm of India’s leading stock brokerage firm Zerodha, has reported a significant 78% increase in net profit for the fiscal year 2024-25 (FY25), totaling ₹12.5 crore. This growth reflects the company’s strategic focus on secured lending against capital market assets. Key Highlights: Zerodha Capital’s performance in FY25 underscores its strategic execution and conservative lending approach, positioning it as a growing player in the financial services sector.
Mumbai-based omnichannel furniture marketplace Pepperfry has raised ₹43.3 crore (approximately $5.1 million) in a new funding round led by its existing investors. This infusion of capital comes as the company continues its efforts to expand operations and enhance profitability. Key Highlights:
Infosys, a leading Indian IT services company, has announced a 22% increase in CEO Salil Parekh’s annual compensation for the fiscal year 2024-25, bringing his total remuneration to ₹80.62 crore. This significant raise underscores the company’s recognition of Parekh’s leadership and performance during a year marked by global economic uncertainties. Key Highlights:
EaseMyTrip, a leading Indian travel tech platform, has launched ‘EaseMyTrip 2.0,’ an initiative aimed at investing in high-potential, scalable startups across travel and adjacent lifestyle sectors. This strategic move is designed to foster collaborative growth by supporting entrepreneurs without seeking majority ownership or control. Key Highlights: EaseMyTrip’s Chairman and Founder, Nishant Pitti, emphasized the company’s commitment to building an ecosystem that supports India’s most promising businesses, stating, “EaseMyTrip 2.0 is our commitment to helping India’s most promising businesses scale faster and with our expertise behind them.”
In a significant leap towards digitizing professional networking, Grid AI has introduced an innovative WhatsApp bot that transforms paper business cards into structured digital contacts. This tool aims to streamline contact management, especially for professionals attending events where business cards are frequently exchanged. Key Features of Grid AI’s WhatsApp Bot: Founder Shubham Agrawal emphasizes the bot’s utility: “Our users attend numerous meetings, simply open WhatsApp, send photos of collected cards, and can directly message or follow up from there. No lead is ever lost.” Grid AI’s Comprehensive Networking Platform: Beyond the WhatsApp bot, Grid AI offers a robust B2B networking…
Pune-based direct-to-consumer (D2C) jewellery brand Palmonas is poised to raise ₹55 crore in its Series A funding round, led by Vertex Ventures. This marks the company’s second funding initiative in 2025, following its appearance on Shark Tank India Season 4. Key Highlights: