Leverage Edu's operating revenue more than doubled to Rs 364.4 crore in FY26, achieving EBITDA profitability and narrowing net losses to Rs 19 crore, as it pursues a ₹500 crore Pre-IPO funding round and focuses on AI and new markets.
NPCI has deferred UPI merchant fees until after Diwali, balancing rapid innovation like instant card ATMs and AI integration with the financial stability of India's fintech startups, following a 32% profit dip.
Boldfit, backed by KL Rahul, secured over Rs 400 crore in Series B funding led by The Bharat Value Fund, achieving a Rs 4,000 crore valuation with founders retaining a rare 78.23% stake.
Bengaluru-based RevRag.AI raises $2.5 million in seed funding, led by Accion Ventures, following a challenging 2025 that included a failed seed round and 10 months of salary cuts. The company, which acquired GenStaq.ai in 2025, develops AI relationship managers for lenders and insurers.
Circle secures ₹25 Cr seed funding from Nexus Venture to expand its pre-owned goods marketplace, weeks after a $100 million investment from crypto giant Binance, hinting at a dual strategy.
Nat Habit secures INR 142 crore in a Series C funding round to significantly expand its offline presence, marking a strategic shift for the D2C personal care brand in the Indian market.
MobiKwik's stock jumped 25% this week, following an August investment of ₹61 crore in its lending arm and the appointment of Manish Pathania as CBO.
Netflix plans to lay off 5% of its workforce, approximately 800 employees, just months after launching its India Creator Initiative and acquiring an AI filmmaking startup. This move highlights the tension between strategic growth and financial discipline.
JioHotstar expands its streaming service to the Middle East and North Africa (MENA) via a STARZPLAY partnership, building on its earlier launches in the UK, Canada, and Singapore. This article details the platform's swift international strategy.
Explore Upasana Taku's journey from a successful PayPal career to co-founding MobiKwik, becoming India's first female fintech leader, and what her success implies for India's startup ecosystem amidst PayPal's recent workforce adjustments.