Author: Ashish Bisht

Unified Payments Interface (UPI) continues its robust growth trajectory in India, with July 2025 marking a significant milestone in digital payments. The month witnessed an all-time high in transaction volume, reinforcing the country’s increasing reliance on cashless payment systems. Despite the surge, the top UPI app rankings remained unchanged, with PhonePe and Google Pay maintaining their lead in the digital payments ecosystem. UPI Records 19.47 Billion Transactions in July 2025 According to the latest data, UPI recorded 19.47 billion transactions in July 2025 — a 5.8% month-on-month increase and a 35% year-on-year growth. This remarkable performance underscores the growing adoption…

AI-driven SaaS unicorn Fractal Analytics has officially filed its Draft Red Herring Prospectus (DRHP) with India’s market regulator, Securities and Exchange Board of India (SEBI), for a proposed initial public offering (IPO) worth INR 4,900 crore. This marks a major milestone for the Mumbai-headquartered AI powerhouse, as it sets the stage for one of the biggest tech IPOs in the Indian startup ecosystem in 2025. Read More :- Holiday Tribe Secures INR 25 Cr in Pre-Series A Funding to Revolutionize Travel Tech with AI Innovations IPO Breakdown: Fresh Issue + OFS The public offering will comprise two components: The fresh…

Holiday Tribe, a rising star in India’s travel tech space, has successfully raised INR 25 Cr (approximately $3 million) in its Pre-Series A funding round. The investment was led by existing backer Powerhouse Ventures, with participation from GSF and a number of undisclosed angel investors. Notably, both Powerhouse Ventures and GSF have doubled down on their commitment to the startup, signaling strong investor confidence in its vision and growth trajectory. Powering Next-Gen Travel with AI Founded in 2022 by Anshu Sharma and Chirag Goyal, Holiday Tribe is on a mission to redefine the way people plan and experience vacations. The…

Shares of Yatra Online Ltd, a leading online travel aggregator, surged by 19.9% to INR 115.04 during morning trading on the Bombay Stock Exchange (BSE) today, following the announcement of its impressive Q1 FY26 financial results. As of 09:20 AM, the stock was trading at INR 113.50, up 18.4% from its previous close of INR 95.87 on Friday, August 8. This sharp jump in share price reflects strong investor confidence after Yatra reported a consolidated net profit of INR 16 Cr, marking a 300% year-on-year (YoY) increase from INR 4 Cr in Q1 FY25. The company’s operating revenue also saw…

India’s leading travel tech company Yatra has announced impressive financial results for the first quarter of FY26, showcasing its resilience and strategic growth initiatives amid a turbulent travel environment. In the quarter ended June 2025, Yatra posted a consolidated net profit of INR 16 Cr, marking a 300% year-on-year (YoY) increase compared to INR 4 Cr in Q1 FY25. On a quarter-on-quarter (QoQ) basis, profit also saw a moderate uptick of 5%, rising from INR 15.2 Cr in Q4 FY25. Read Also :- OpenAI Launches GPT-5 in India with Focus on Affordability and Advanced AI Capabilities Operating Revenue Soars 108%…

OpenAI has officially rolled out GPT-5, its most advanced large language model yet, to users across the globe, including India. This major update is accessible through ChatGPT as well as through enterprise APIs, empowering both individual users and businesses to leverage cutting-edge AI for a variety of applications. The launch marks a significant milestone in artificial intelligence innovation, promising enhanced capabilities in coding, writing, visual reasoning, and more. GPT-5 Available to All Users, Enhanced Access for Subscribers According to OpenAI, GPT-5 is now available to all users, with additional benefits for paid subscribers. Plus subscribers enjoy higher usage limits, while…

MapmyIndia, the leading geospatial and navigation technology company, kicked off the financial year 2025-26 (FY26) on a strong note, reporting a 28% year-on-year (YoY) rise in net profit for the first quarter (Q1). The company posted a net profit of INR 45.8 crore in Q1 FY26, compared to INR 35.9 crore in the same period last year. While the YoY performance was robust, the net profit showed a sequential decline of 7%, dropping from INR 49 crore reported in Q4 FY25. This dip indicates a typical quarterly fluctuation, which the company acknowledges as part of the nature of its business.…

Zype, a rapidly growing fintech startup focused on credit accessibility and financial well-being, has raised INR 90 Cr (approximately $10.3 Mn) in a strategic funding round. The funding includes INR 56 Cr in equity and INR 34 Cr in debt, aimed at accelerating the company’s mission of empowering millennials with smarter credit solutions and sustainable financial habits. According to a recent Ministry of Corporate Affairs (MCA) filing reviewed by Inc42, Zype’s board has approved the issuance of 61.5 lakh equity shares at an issue price of INR 90.9 each to raise the INR 56 Cr equity portion. The equity funding…

Omnichannel jewellery brand BlueStone has officially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking the next step toward its initial public offering (IPO). This comes nearly four months after SEBI gave its approval to the jewellery startup to proceed with its public listing. The Bengaluru-based brand, known for its blend of online and offline retail jewellery experiences, has revised its IPO structure. Initially planning to raise INR 1,000 Cr through a fresh issue of equity shares, BlueStone has trimmed the size of the fresh issue by 18% to INR 820 Cr.…

In a landmark move for India’s electric vehicle (EV) ecosystem, Tesla has officially inaugurated its first charging station in the country. Located at the upscale One BKC in Mumbai’s Bandra-Kurla Complex, the station marks the electric vehicle giant’s formal infrastructure debut in India. The announcement was made on Tesla’s official social media account on X (formerly Twitter), accompanied by images and the precise location of the new facility. This development confirms Tesla’s intent to expand its footprint in one of the fastest-growing EV markets in the world. Read Also :- Tesla to Launch First Supercharging Station in India Next Week,…