Rapid medicine delivery startup Plazza secures $1.4 million funding. All In Capital leads this investment round. Plazza plans to expand its product categories and increase its store footprint in Bengaluru. The company aims to open 20 new stores in the next 12 months. It will also offer healthy snacks and baby care products. This expansion...Read More

Edtech unicorn Vedantu has raised $11 million through convertible notes, led by ABC World Asia, to drive organic and inorganic expansion, technology, and AI advancements. The company is also negotiating a larger funding round and a secondary sale, targeting a public market listing by 2027.Read More

Cloud kitchen startup Curefoods has successfully raised ₹160 crore ($18 million) in a pre-IPO placement from Flipkart cofounder Binny Bansal’s 3State Ventures. This investment values the Bengaluru-based company at ₹4,000 crore ($450 million) as it prepares for an ₹800 crore initial public offering.Read More

Bombay Stock Exchange rejected a company’s share listing. The firm planned to invest heavily in cryptocurrencies. This action highlights India’s regulatory void for digital asset treasury companies. Jetking Infotrain, an IT training firm, faced this rejection. The company considers appealing to the Securities Appellate Tribunal. This decision puts future crypto treasury plans on hold.Read More

Tata Capital, the financial services arm of Tata Group, is set to launch its ₹17,000-crore IPO from October 6-8, marking the country’s largest public offering since Hyundai last year. This significant issue, driven by RBI directives for NBFC transparency, will raise funds to strengthen Tier-I capital and support future lending growth. Tata Sons will remain...Read More

Nifty’s Pharma index saw a decline after US President Trump announced a 100 percent tariff on branded drugs from October 1. Analysts noted India’s limited exposure to patented drugs in the US market. Most Indian firms focus on generic medicines, which are not affected by the new tariff. Major Indian players also operate manufacturing facilities...Read More

Indian equity indices extended their longest losing streak in FY26 for a sixth consecutive session, driven by new US tariffs on drugs and trucks, increased H-1B visa fees, and Accenture’s cautious outlook. This battered investor sentiment, leading to broad-based selling across sectors and a surging fear gauge. The rupee also traded near its record low.Read More

Oil prices surged Friday following Ukraine’s drone attacks on Russia’s energy infrastructure, significantly cutting fuel exports. Russia responded by implementing a partial diesel export ban. US pressure on allies like India and Turkey to reduce Russian imports, alongside NATO warnings and robust US economic growth, further bolstered prices.Read More

Gold surged to new highs on Friday, extending weekly gains, as U.S. inflation data aligned with forecasts, bolstering expectations for Federal Reserve interest rate cuts later this year. Investors now anticipate an 88% chance of an October rate cut.Read More

US stocks closed higher Friday on expected inflation data, yet posted weekly losses, ending winning streaks for S&P 500 and Nasdaq. Investors are weighing the Federal Reserve’s future rate cuts against a stronger economy and upcoming earnings season. New tariffs and mixed signals from Fed officials added to market uncertainty, with key employment data due...Read More