Longevity-focused health startup GABIT has acquired Sweden-based clean nutrition brand Näck for an undisclosed amount, marking its entry into the fast growing supplements and nutrition outcomes market. The acquisition strengthens GABIT’s ambition to move beyond health tracking into data backed nutrition and longevity solutions. With this deal, Näck’s science-led supplement portfolio will be fully integrated into GABIT’s digital health ecosystem, which already includes a titanium smart ring, AI-powered health coaching, diagnostics, and longevity-focused skincare. The integration will allow users to track how supplements directly impact key health metrics such as sleep quality, recovery, metabolic health, and stress levels. Founded in…
Author: Adarsh Kumar
The Enforcement Directorate (ED) has conducted searches at premises linked to fantasy sports platform Dream11 as part of an ongoing money laundering investigation connected to the alleged ₹2,000 crore fraud involving Jai Corp Ltd, according to people familiar with the matter. The searches were carried out under the Prevention of Money Laundering Act (PMLA) to assess the extent of Dream11’s involvement and to examine the financial exposure of key individuals linked to the case. Investigators are probing whether funds allegedly misappropriated by Jai Corp were routed through technology-enabled platforms, including sports gaming and digital intermediaries. The development follows a First…
CuePilot AI, a voice-first, AI-native platform for preschools and daycares, has raised $1.8 million in a pre-seed funding round led by Unilazer Ventures, backed by upGrad founder Ronnie Screwvala. The round also saw participation from Eximius Ventures and Titan Capital, marking strong early investor confidence in the startup’s vision. Founded in 2023 by Adithya Narayanan and Ankur Agarwal, CuePilot AI is building a full stack preschool management system designed to significantly reduce administrative workload for teachers and school administrators. The platform leverages voice enabled artificial intelligence to capture short teacher debriefs and classroom context, converting them into structured academic records,…
Decathlon India, the Indian arm of French sporting goods retailer Decathlon, reported a net loss of Rs 65 crore in FY25, marking a sharp reversal from its Rs 197 crore profit in FY24. The swing into losses came as operating expenses grew significantly faster than revenue during the year ended March 2025. According to the company’s financial filings sourced from the Registrar of Companies (RoC), revenue from operations increased 3% year-on-year to Rs 4,133 crore in FY25, compared to Rs 4,008 crore in the previous fiscal. Including other income of Rs 49 crore, Decathlon India’s total income stood at Rs…
South Korean gaming major Krafton, best known in India for Battlegrounds Mobile India (BGMI), has announced plans to launch an India focused technology investment fund in partnership with Naver and Mirae Asset, with a target corpus of up to ₹6,000 crore. The proposed vehicle, to be called the Unicorn Growth Fund, will place India at the centre of Krafton’s broader Asia investment strategy and marks a significant expansion of the company’s focus beyond gaming into the wider technology and innovation ecosystem. The fund is expected to begin operations in January 2026. The announcement builds on Krafton’s growing presence in India,…
Japan based MUFG Bank, a wholly owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), has announced an investment of ₹39,618 crore (around $4.4 billion) to acquire a 20% stake in Shriram Finance through a preferential allotment of equity shares. The transaction represents the largest foreign direct investment (FDI) ever made in India’s financial services sector. Under the proposed deal, MUFG Bank will be issued over 471 million equity shares at a price of ₹840.93 per share, translating into a 20% holding on a fully diluted basis. Following completion, MUFG will be entitled to nominate two non-independent directors to Shriram Finance’s…
Billionaire Gautam Adani-led Adani Group is planning to invest over $11 billion (₹1 trillion) in its airports business by 2030, as it looks to scale operations, bid for new airport assets, and expand into aviation services ahead of a proposed initial public offering (IPO). The investment will be channelled through Adani Airport Holdings Ltd (AAHL) towards building new terminals, runways, aircraft handling infrastructure, and passenger amenities, Jeet Adani, Director at AAHL, said in an interview. While the funding structure has not been finalised, the group is preparing to list the airports business by the financial year ending March 2028, potentially…
Ecommerce enablement SaaS platform Unicommerce has appointed Gaurav Juneja as its Chief Revenue Officer (CRO) and designated him as a Senior Management Personnel, effective December 18, 2025, according to a regulatory filing by the company. The appointment was approved by Unicommerce’s Nomination and Remuneration Committee through a resolution passed on the same day. The disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with the latest SEBI circulars. Juneja joined Unicommerce earlier on October 13, 2025, and will now lead the company’s revenue strategy, sales and business…
Healthcare focused edtech startup Virohan has raised Rs 65 crore ($7.5 million) as part of its ongoing Series B funding round, led by Japan based Mynavi Corporation. The round also witnessed participation from existing investors, including Blume Ventures, Bharat Inclusive Technologies Seed Fund, and Rebright Partners, reinforcing continued confidence in the company’s growth trajectory. The fresh capital will be utilised to accelerate Virohan’s journey towards profitability, with a sharp focus on product innovation, operational efficiencies, and strategic talent expansion, the company said in a statement. Entrackr had earlier exclusively reported the development. Founded in 2018, Virohan operates at the intersection…
Bengaluru based social investing and stock market advisory platform StockGro has raised $13 million in a Series B1 funding round led by BITKRAFT Ventures, strengthening its capital base as it scales its presence across India’s fast growing retail investing ecosystem. The funding comes shortly after the company secured $17 million in its Series B round from Param Capital, led by seasoned investor Mukul Agarwal. With the latest infusion, StockGro has now raised close to $90 million in equity and debt funding to date, according to industry estimates. Founded in 2020 by former venture capitalist Ajay Lakhotia, StockGro operates a social…