Indian haircare startup Moxie Beauty has secured $15 million in Series A funding, led by global venture capital firm Bessemer Venture Partners. The round also saw participation from existing investor Fireside Ventures and angel investors Navin Parwal, Sangeet Agarwal, and Arjun Purkayastha. The company has not disclosed its valuation. Founded in 2023 by Nikita Khanna and Anmol Ahlawat, Moxie Beauty focuses on developing haircare solutions tailored specifically for Indian hair types and climatic conditions. In a highly competitive beauty and personal care market, the brand has demonstrated rapid traction, crossing Rs 100 crore in annual recurring revenue (ARR) within two…
Author: Adarsh Kumar
Google has announced a fresh push to strengthen India’s artificial intelligence (AI) ecosystem, committing $8 million to support four of the central government’s AI Centres of Excellence (CoEs), alongside funding initiatives for India-based AI startups and AI-led healthcare solutions. The move underlines the tech giant’s growing focus on India as a key market for AI research, talent, and real world deployment. The $8 million commitment will be used to back government-led CoEs that are focused on advancing AI research, innovation, and large scale applications. These centres play a critical role in bridging academia, industry, and public sector use cases, particularly…
Spacetech startup Digantara has raised $50 million (around ₹454.4 crore) in its Series B funding round to scale up its space surveillance and situational awareness capabilities. The fresh capital will support the company’s plans to expand its global footprint and strengthen its technology and manufacturing base. The funding round saw participation from a mix of domestic and international investors, including SBI Investments Co Japan, 360 ONE Asset, and entrepreneur Ronnie Screwvala. Existing investors Peak XV Partners and Kalaari Capital also joined the round, reaffirming their confidence in Digantara’s long-term growth strategy and technological roadmap. Founded with a focus on space…
Insurtech firm Turtlemint has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO), according to the processing status updated on the regulator’s website on December 12, 2025. The approval marks a key milestone for the Mumbai-based startup as it moves closer to entering the public markets. Turtlemint had pre-filed its Draft Red Herring Prospectus (DRHP) through SEBI’s confidential route in May 2025. As per market reports, the company is planning to raise up to ₹2,000 crore through the IPO, though the final issue size and structure will be disclosed closer…
Vedanta Ltd has received approval from the National Company Law Tribunal (NCLT), Mumbai bench, to proceed with its long planned demerger, allowing the oil-to-metals conglomerate to split into five separate listed entities, according to a Bloomberg report. A company spokesperson confirmed that Vedanta will now move ahead with the necessary steps to implement the demerger scheme. “The approval marks a key milestone in Vedanta’s transformation into focused, sector-leading companies with clear strategic mandates and dedicated capital structures,” the spokesperson said. The company aims to complete the demerger by March 31, 2026, subject to regulatory and procedural clearances. Five New Verticals…
HDFC Bank has received approval from the Reserve Bank of India (RBI) to acquire up to a 9.5% stake in IndusInd Bank, paving the way for the country’s largest private lender to become a significant shareholder in the troubled private sector bank. IndusInd Bank informed stock exchanges on Tuesday that the approval was granted on December 15, subject to specific conditions. The RBI has asked HDFC Bank to complete the acquisition of the permitted stake within one year from the date of approval. If the investment is not completed within the stipulated timeframe, the regulatory approval will stand cancelled, the…
The year 2025 marked a historic comeback for startup IPOs in India, with Dalal Street recording an all-time high of 18 tech startup listings, offering long-awaited liquidity to venture capital and private equity investors. Startups across consumer internet, fintech, SaaS, and electric vehicles collectively raised around ₹41,248 crore from public markets during the year. A defining feature of the 2025 IPO cycle was the strong tilt towards offer-for-sale (OFS). Nearly 52% of the total proceeds, or ₹21,474 crore, came through OFS, compared to ₹19,810 crore raised via fresh issues. This skew underscores how 2025 effectively served as a major exit…
Tata Power is evaluating the deployment of 20–50 megawatt (MW) small modular nuclear reactor (SMR) plants as part of its long-term clean energy strategy, Managing Director and CEO Praveer Sinha said, signalling the company’s intent to explore next-generation power technologies alongside renewables. The company has outlined an ambitious capital expenditure (capex) plan of ₹25,000 crore for the current financial year, which it aims to maintain annually till FY30. According to an investor presentation, Tata Power plans a total capex of ₹1.25 lakh crore between FY26 and FY30, with nearly 65% of the investment earmarked for clean energy projects. Tata Power’s…
Licious, India’s leading omnichannel meat and seafood retailer, has crossed the ₹100 crore monthly revenue mark for the first time, marking a key growth milestone after a prolonged post-pandemic slowdown. The company reported net revenue of ₹104 crore in November, its highest-ever monthly performance since inception. The milestone caps a strong first half for parent entity Delightful Gourmet Pvt Ltd, which posted ₹530 crore in net revenue in H1 FY26, registering a 42% year-on-year growth. Monthly revenue rose sequentially from ₹94 crore in October to over ₹100 crore in November, pointing to improving execution and strengthening consumer demand as FY26…
EDT, a new-age consumer appliances startup founded by Naiyya Saggi and Vyasateja Rao, has raised $1.4 million in a pre-seed funding round led by early-stage venture capital firm Sauce VC, as investor interest in India’s premium consumer hardware space continues to grow. The round also saw participation from Consumer Collective, Peak XV’s Spark Grant, along with a strong group of founders, operators, and family offices. Notably, several prominent angel investors joined the round, including founders and senior executives from CaratLane, Noise, Urban Company, Mokobara, Ultrahuman, Servify, Vahdam, Dixon Technologies, Cyient, and Reckitt, among others. Founded in 2025, EDT is building…