Author: Ashish Bisht

LensKart, the eyewear giant founded by Peyush Bansal, is all set to make a landmark debut on the Indian stock exchanges on November 10. The company, which began as a small online eyewear retailer 15 years ago, now boasts a massive presence across India, Japan, Southeast Asia, and the Middle East. With a valuation touching ₹70,000 crore, LensKart’s IPO has become one of the most talked-about market events of the year. At the IPO press conference, Peyush Bansal was at his witty and visionary best, declaring his ambitions of taking LensKart global — not just as a retail brand but…

Indian fintech leader Paytm has introduced a game-changing update for Non-Resident Indians (NRIs) — now, NRIs from 12 countries can use their international mobile numbers to access UPI payments in India via the Paytm app, without the need for an Indian SIM card. Paytm+2Business Today+2 What’s new? Read Also :- Zerodha to Enable US Stock Investments via GIFT City by Next Quarter, Confirms CEO Nithin Kamath Which countries are eligible? The eligible list of 12 countries includes (but may not be limited to):United States, United Kingdom, United Arab Emirates (UAE), Singapore, Australia, Canada, Hong Kong, Oman, Qatar, Saudi Arabia, France,…

India’s largest retail brokerage, Zerodha, is gearing up to allow its users to invest in US stocks through the GIFT City route, starting next quarter. The announcement was made by founder and CEO Nithin Kamath during an AMA (Ask Me Anything) session with the company’s leadership team. This long-awaited move marks a major milestone for Indian investors looking to diversify their portfolios internationally through a trusted domestic platform. Read More :- Lenskart Raises ₹90 Crore from DMart Founder Radhakishan Damani Ahead of IPO; Eyes November Listing at $8 Billion Valuation Zerodha’s Plan to Enable US Stock Investing According to Nithin…

Eyewear unicorn Lenskart has secured a significant pre-IPO investment of ₹90 crore from DMart founder Radhakishan Damani, marking a major development ahead of its much-anticipated Initial Public Offering (IPO). The investment, which forms part of Lenskart’s pre-IPO placement, follows the recent SEBI approval for the company’s ₹2,150 crore public issue, which includes a 13.2 crore share Offer for Sale (OFS). The fresh funding from Damani reinforces investor confidence in Lenskart’s strong growth trajectory and robust business fundamentals. According to reports, this development comes shortly after news that the eyewear retailer was in advanced talks to raise ₹250–300 crore in its…

From colorful craft exhibitions in school to innovative DIY projects, we’ve all grown up with the theme “Making the Best Out of Waste.” Back then, it was about creating something beautiful from scrap — photo frames, wall hangings, or pen stands. What seemed like a fun activity in childhood now echoes a serious global concern: solid waste management, especially when it comes to plastic pollution. Today, solid waste—particularly plastic waste—stands as one of the most pressing environmental issues worldwide. India, known for its rapid industrial growth and expanding consumer base, has unfortunately earned the title of one of the world’s…

Indian ecommerce unicorn Meesho has found itself in the middle of a significant legal battle with Amazon Web Services (AWS) India, as revealed in its draft IPO papers filed with the Securities and Exchange Board of India (SEBI). The dispute, valued at ₹127.45 crore ($14.44 million), revolves around alleged unpaid dues, service deficiencies, and counterclaims for losses incurred. According to Meesho’s filings, AWS has accused the company of failing to meet its payment obligations under their cloud service agreement. AWS is reportedly seeking compensation for what it calls a “spend shortfall,” along with pending service fees, accrued interest, and arbitration…

Shared rental accommodation startup HooLiv has secured ₹24 crore ($2.7 million) in a Pre-Series A funding round led by Negen Capital, with participation from several institutional and angel investors. This latest capital infusion will power the company’s expansion into non-metro cities, support strategic acquisitions, drive brand-building efforts, and boost the development of its tech-enabled property management platform. Founded in 2019, HooLiv has quickly emerged as a key player in India’s growing coliving and student housing market. With over 15,000 students and young professionals served across 20 pincodes, the company offers purpose-built shared accommodations tailored to the needs of India’s urban…

After navigating a challenging financial period, Mohalla Tech—the parent company of Indian social media platforms ShareChat, Moj, and QuickTV—is edging closer to profitability. The company has made significant progress in its financial performance, slashing its adjusted EBITDA loss by a remarkable 72% year-on-year, from ₹793 crore in FY24 to ₹219 crore in FY25. This turnaround comes as a result of focused cost-cutting measures, operational optimisation, and a shift in business strategy. Read Also :- Jio Financial Services Delivers Strong Q2 Performance with INR 1,002 Cr Total Income Amid Strategic Expansion A Strategic Pivot Towards Sustainable Growth Despite a flat revenue…

Jio Financial Services (JFS), the fintech arm of Reliance Industries, has posted a robust performance for Q2, showcasing its strong execution across lending, payments, asset management, and insurance. The company reported a total income of INR 1,002 crore for the quarter, reflecting its growing influence in India’s rapidly evolving financial services sector. The revenue breakdown highlights the strength and diversity of JFS’s business model. Interest income contributed INR 392 crore, showcasing the company’s growing lending portfolio. Additionally, fair value gains stood at INR 180 crore, while fees and commissions brought in INR 140 crore. This multi-pronged income stream points to…

Indian audio OTT platform Kuku FM has successfully raised $85 million (approx. INR 747 crore) in its Series C funding round, marking its largest capital infusion to date. The round was led by Granite Asia, with notable participation from Vertex Growth Fund, Krafton, International Finance Corporation (IFC), Paramark, Tribe Capital India, and Bitkraft. This new funding is expected to significantly boost the platform’s content creation capabilities and market reach. Read Also :- Chennai’s Fragaria Fruits Secures $2 Mn Seed Funding to Expand Premium Berry Farming in India Scaling Premium Content with Star Power The Mumbai-based startup plans to leverage the…