Author: Business Matters Author

Indian SaaS unicorn Zoho has officially entered the hardware-based fintech space with the launch of a comprehensive suite of point-of-sale (POS) devices under its Zoho Payments brand. Announced by cofounder Sridhar Vembu on X (formerly Twitter), the move marks a significant expansion of Zoho’s fintech offerings, aimed at strengthening digital payment adoption across India. At the Global Fintech Fest 2025 in Mumbai, Zoho unveiled its innovative POS solutions that include: These devices are designed to cater to the diverse payment needs of small businesses, retailers, and enterprises, offering seamless digital transactions and real-time customer engagement. Read Also :- Myntra’s Silent…

Myntra, the fashion-focused arm of the Flipkart Group, is making headlines for all the right reasons. While Flipkart is gearing up for its much-anticipated 2026 IPO, it’s Myntra that’s quietly emerging as the star performer. In a space where most ecommerce players continue to chase market share at the cost of profitability, Myntra has flipped the script — turning into a rare profit machine in Indian ecommerce. Read Also :- Eternal Allots 64.1 Lakh Stock Options Amid Market Bull Run: ESOP Value Estimated at ₹210.9 Crore Record Profits Amid Market Struggles For FY25, Myntra reported an impressive 18X year-on-year (YoY)…

In a significant move that underscores its growth trajectory and market optimism, Eternal, a fast-rising player in the Indian tech space, has announced the allotment of 64.1 lakh stock options under its Employee Stock Ownership Plan (ESOP). The estimated value of the allotment is pegged at an impressive ₹210.9 crore, aligning with the company’s ongoing bull run in the capital markets. Strategic Use of ESOPs During Market Highs The decision to issue a large volume of ESOPs comes at a time when Eternal’s stock is riding high on investor confidence, reflecting strong fundamentals and robust business growth. By allotting stock…

India’s largest stockbroking platform, Zerodha, is contemplating a major shift in its business model by potentially introducing brokerage fees for equity delivery trades. This comes as the company faces revenue pressure following a government crackdown on the futures and options (F&O) segment, which has been a major contributor to Zerodha’s earnings. In a blog post commemorating Zerodha’s 15th anniversary, cofounder and CEO Nithin Kamath expressed concerns over the company’s declining revenues for FY25 and Q1 FY26. While exact financial figures for FY25 are yet to be disclosed, Kamath shared a revenue trend chart that indicates a noticeable dip in earnings…

Boult Audio, a prominent name in India’s direct-to-consumer (D2C) consumer electronics space, recently faced a legal challenge in its attempt to rebrand itself as GoBoult. The move, aimed at refreshing the brand’s identity, has now been temporarily blocked by a Bengaluru commercial court, following a trademark dispute with DPAC Ventures LLP, the parent company of GOVO, another rising player in the audio electronics market. Read Also :- AI Startup Assessli Raises ₹44.4 Cr to Build World’s First Large Behavioural Models (LBMs) Legal Injunction Against GoBoult Branding The court issued an ad-interim injunction, effectively restraining Boult Audio from selling, marketing, or…

Indian AI startup Assessli has made headlines by raising ₹44.4 crore (approximately $5 million) in its first institutional funding round, led by Foxhog Ventures. This strategic investment will help the company expand into global markets, including the United Kingdom and United States, scale up its proprietary technology for commercialization, and attract top-tier tech talent. Pioneering the Future: Large Behavioural Models (LBMs) Founded in 2022 by Suraj Biswas, Sourabh Gupta, and Aruna Dey, Assessli is on a mission to build the world’s first Large Behavioural Models (LBMs)—a new class of AI that combines genomics, psychology, and digital life data to create…

Recur Club, a fast-growing debt marketplace for startups and small to medium-sized enterprises (SMEs), has raised $50 million in a combination of equity and debt funding to accelerate its expansion and strengthen its artificial intelligence (AI) capabilities. This latest round underscores the increasing investor confidence in technology-driven lending platforms, especially those addressing the financing needs of early-stage and growth-stage companies. The funding round comprises $8 million in equity investment led by InfoEdge Ventures, an existing backer of the company. Other participants in the equity component include LC Nueva, Physis Capital, String Ventures, and iA Finvolve. The remaining $42 million comes…

In a significant leadership development, Rohit Lohia, currently the Senior Vice President at Paytm, is reportedly set to join the Open Network for Digital Commerce (ONDC) as its new Chief Business Officer (CBO), according to a report by Moneycontrol. Lohia’s appointment is expected to fill the critical vacancy left by Shireesh Joshi, who stepped down from the CBO position in March 2025. This move marks a pivotal moment for ONDC, a government-backed initiative aimed at democratizing digital commerce across India. With the platform undergoing a series of top-level changes in recent months, Lohia’s onboarding is seen as a strategic effort…

WROGN, the direct-to-consumer (D2C) fashion brand co-owned by Indian cricket icon Virat Kohli, has reported a net loss of INR 75.5 crore in FY25, marking a sharp 32% increase from the INR 56.8 crore loss in FY24. This financial dip comes despite a decrease in the company’s revenue, reflecting ongoing challenges for the once fast-growing brand. Founded in 2014 by Anjana Reddy and Vikram Reddy, WROGN made its mark as a men’s fashion brand focused on casual wear, footwear, and accessories. With strong celebrity backing and wide product offerings, the brand quickly gained popularity among urban millennials. However, recent financial…

In a significant development for India’s emerging spacetech sector, Hyderabad-based startup Cosmoserve Space has secured $3.17 million (INR 28.11 crore) in its pre-seed funding round. The funding was led by prominent angel investor Alan Rutledge via US-based investment firm AVCF, marking one of the largest pre-seed rounds in the Indian spacetech ecosystem. Founded in early 2025 by former ISRO scientist Chiranjeevi Phanindra, Cosmoserve Space is on a mission to tackle one of the most pressing challenges in the space industry — space debris. The startup is developing autonomous robotic spacecraft designed to identify and capture debris in Earth’s orbit and…