Paytm faces contrasting forces: market optimism driven by potential UPI MDR, pushing shares to a 52-week high, alongside a new SEBI show cause notice regarding a 2023 disclosure. An analysis of balancing growth with regulatory oversight.
Deep-tech startup Discovered Materials raises $9 million (Rs 85 crore) in a seed round led by Lightspeed India, with Y Combinator and Peak XV Partners, to hunt for more efficient chip materials.
Electric mobility platform Yulu raises $93 million in Series C funding, led by GEF Capital, to scale its EV fleet and enter the full-size electric scooter segment, marking a significant strategic expansion.
Zepto is navigating increased regulatory scrutiny with Maharashtra's proposed EV mandate and welfare levy, alongside intensifying competition from Flipkart Minutes in the premium grocery market.
Mitti Labs secures $9.5 million Series A led by Aramco Ventures, with Lightspeed India and Godrej Industries Group also participating, to expand its water-efficient rice cultivation technology in India.
Bengaluru-based HomeRun secures $12 million in Series A+ funding led by Nexus Venture Partners, with participation from Sorin, Titan, Sparrow, and Consumer Collective, for its construction materials quick commerce platform.
Leap India's IPO sees 26% subscription on Day 1, following pre-IPO placement of ₹371.3 crore from GIC and Dymon Asia, and ₹744 crore from anchor investors.
Consint.AI, a deeptech AI company, has raised ₹22 Crore in Series A funding from investors including BIG Global Investment JSC, Equanimity Ventures Trust II, and Seafund Venture India Scheme I to develop AI models for healthcare and insurance fraud detection.