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Amazon's India businesses delivered a mixed performance in FY26. While revenues of its seller services, retail and pay businesses continued to scale, cumulative losses magnified in the fiscal.

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Amazon India FY26 Report Card: Loss Balloons 48% YoY, Revenue Inches Closer To ₹40,000 Cr #DH_SHARE_URL# By Inc42 via Dailyhunt

Amazon India FY26 Report Card: Loss Balloons 48% YoY, Revenue Inches Closer To ₹40,000 Cr

https://inc42.com/buzz/amazon-india-fy26-report-card-loss-balloons-48-yoy-revenue-inches-closer-to-%e2%82%b940000-cr

Ola Electric's board of directors have cleared a rights issue of partly paid-up equity shares amounting to an aggregate of up to ₹1,000 Cr to unidentified eligible equity shareholders.

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Ola Electric's Board Approves ₹1,000 Cr Rights Issue #DH_SHARE_URL# By Inc42 via Dailyhunt

Ola Electric's Board Approves ₹1,000 Cr Rights Issue

https://inc42.com/buzz/ola-electrics-board-approves-%e2%82%b91000-cr-rights-issue

Indian retail traders are gearing up for a nationwide protest against the proposed UPI MDR soon. The All India Mobile Retailers Association (AIMRA) and The All India Consumer Products Distributors Federation (AICPDF) have called for a &quot;No UPI Day&quot; on October 2 (Friday).

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'No UPI Day': Mobile, FMCG Retailers To Protest UPI MDR On October 2 #DH_SHARE_URL# By Inc42 via Dailyhunt

'No UPI Day': Mobile, FMCG Retailers To Protest UPI MDR On October 2

https://inc42.com/buzz/no-upi-day-mobile-fmcg-retailers-to-protest-upi-mdr-on-october-2

Update | September 28, 18:58 ISTMoneyview's ₹1,092 Cr IPO closed today with an oversubscription of 98.46X. Investors across categories cumulatively placed bids for 2,289.52 Cr shares against 23.25 Cr shares on offer.

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[Update] Moneyview IPO Closes With 98.46X Oversubscription #DH_SHARE_URL# By Inc42 via Dailyhunt

[Update] Moneyview IPO Closes With 98.46X Oversubscription

https://inc42.com/buzz/moneyview-ipo-oversubscribed-31-41x-on-day-3-so-far

Update | September 28, 17:44 ISTAceVector's ₹420 Cr IPO ended the second day of bidding with full subscription. TIll now, investors have placed bids for 8.56 Cr shares against the 7.42 Cr shares on offer, translating to an oversubscription of 1.15X. 

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[Update] AceVector IPO: Issue Subscribed 1.15X On Day 2 #DH_SHARE_URL# By Inc42 via Dailyhunt

[Update] AceVector IPO: Issue Subscribed 1.15X On Day 2

https://inc42.com/buzz/snapdeal-parent-acevectors-ipo-subscribed-96-on-day-2-so-far

Shares of insurtech companies Turtlemint and PB Fintech continued to spiral today, losing over ₹35,705 Cr in cumulative market capitalisation over the past three trading sessions.

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PB Fintech Sheds Over ₹34K Cr In M-Cap In 3 Sessions, Turtlemint Loses ₹1,549 Cr #DH_SHARE_URL# By Inc42 via Dailyhunt

PB Fintech Sheds Over ₹34K Cr In M-Cap In 3 Sessions, Turtlemint Loses ₹1,549 Cr

https://inc42.com/buzz/pb-fintech-sheds-over-%e2%82%b934k-cr-in-m-cap-in-3-sessions-turtlemint-loses-%e2%82%b91549-cr

The Supreme Court today refused to stay the Centre's decision to introduce merchant discount rate (MDR) charges on select UPI payments above ₹2,000, while seeking responses on the legal basis and nature of the levy.

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SC Refuses To Stay UPI MDR, Seeks Centre's Response On ₹2,000 Threshold #DH_SHARE_URL# By Inc42 via Dailyhunt

SC Refuses To Stay UPI MDR, Seeks Centre's Response On ₹2,000 Threshold

https://inc42.com/buzz/sc-refuses-to-stay-upi-mdr-seeks-centres-response-on-%e2%82%b92000-threshold

The Enforcement Directorate (ED) has provisionally attached movable and immovable assets worth around ₹442.35 Cr in the money laundering case involving Gameskraft Technologies, the operator of the RummyCulture app.

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ED Attaches Another ₹442 Cr Assets In Gameskraft's RummyCulture Probe #DH_SHARE_URL# By Inc42 via Dailyhunt

ED Attaches Another ₹442 Cr Assets In Gameskraft's RummyCulture Probe

https://inc42.com/buzz/ed-attaches-another-%e2%82%b9442-cr-assets-in-gameskrafts-rummyculture-probe

Agritech startup Balwaan Krishi has raised ₹100 Cr (around $10 Mn) in its Series B funding round led by First Bridge India Growth Fund Private Equity, with participation from other institutional investors whose names were not disclosed.

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Balwaan Krishi Bags ₹100 Cr To Scale Farm Equipment Manufacturing #DH_SHARE_URL# By Inc42 via Dailyhunt

Balwaan Krishi Bags ₹100 Cr To Scale Farm Equipment Manufacturing

https://inc42.com/buzz/balwaan-krishi-bags-%e2%82%b9100-cr-to-scale-farm-equipment-manufacturing

OpenAI has paused training, evaluation, and tool-enabled inference for its most capable AI models after an internal research agent bypassed internet restrictions and accessed an external chatbot.

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OpenAI Pauses Training Of Top Models After Agent Bypasses Internet Restrictions #DH_SHARE_URL# By Inc42 via Dailyhunt

OpenAI Pauses Training Of Top Models After Agent Bypasses Internet Restrictions

https://inc42.com/buzz/openai-pauses-training-of-top-models-after-agent-bypasses-internet-restrictions

Defence tech startup Tonbo Imaging has received SEBI approval for its proposed IPO, which comprises an OFS of up to 1.81 Cr equity shares.

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Tonbo Imaging Secures IPO Nod After Refiling Draft Papers #DH_SHARE_URL# By Inc42 via Dailyhunt

Tonbo Imaging Secures IPO Nod After Refiling Draft Papers

https://inc42.com/buzz/tonbo-imaging-secures-ipo-nod-after-refiling-draft-papers

Used-car marketplace Cars24 expects to complete its reverse flip from Singapore to India by April 2027, following which it plans to file its DRHP for an IPO. Cars24 CFO Shivanshu Makkar told PTI that the startup has received approval from Singapore to redomicile and is filing the required papers in India.

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Cars24 Eyes April 2027 Reverse Flip Ahead Of IPO Filing #DH_SHARE_URL# By Inc42 via Dailyhunt

Cars24 Eyes April 2027 Reverse Flip Ahead Of IPO Filing

https://inc42.com/buzz/cars24-eyes-april-2027-reverse-flip-ahead-of-ipo-filing

Allegations Hit Bharat TaxiThe arrival of Bharat Taxi promised zero commissions and empowered drivers. But its rollout has triggered allegations of vigilantism, passenger intimidation, forced app deletions and thefts across Gujarat.

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The Bharat Taxi Row, Weekly Funding Rebounds & More #DH_SHARE_URL# By Inc42 via Dailyhunt

The Bharat Taxi Row, Weekly Funding Rebounds & More

https://inc42.com/buzz/the-bharat-taxi-row-weekly-funding-rebounds-more

New-age tech stocks saw a bearish week, with a sharp sell-off in PB Fintech and Turtlemint following IRDAI's proposed commission caps overshadowing gains in Capillary Technologies and Zelio E-Mobility.

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New-Age Tech Stocks: Insurtech Sell-Off Drags Combined M-Cap Down By $3.6 Bn This Week #DH_SHARE_URL# By Inc42 via Dailyhunt

New-Age Tech Stocks: Insurtech Sell-Off Drags Combined M-Cap Down By $3.6 Bn This Week

https://inc42.com/buzz/new-age-tech-stocks-insurtech-sell-off-drags-combined-m-cap-down-by-3-6-bn-this-week

&quot;I wanted to reach my hotel and did not feel comfortable cancelling the ride at midnight, but they were not allowing us to leave.&quot; 

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Ride-Hailing Fear: Inside Bharat Taxi Coercion Allegations In Gujarat #DH_SHARE_URL# By Inc42 via Dailyhunt

Ride-Hailing Fear: Inside Bharat Taxi Coercion Allegations In Gujarat

https://inc42.com/buzz/ride-hailing-fear-inside-bharat-taxi-coercion-allegations-in-gujarat

Private equity firm True North has reportedly acquired a minority stake worth around $50-60 Mn in IPO-bound adtech startup InMobi via secondary share purchases.

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True North Acquires Minority Stake in IPO-Bound InMobi #DH_SHARE_URL# By Inc42 via Dailyhunt

True North Acquires Minority Stake in IPO-Bound InMobi

https://inc42.com/buzz/true-north-acquires-minority-stake-in-ipo-bound-inmobi

Startup News

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Inc42

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Features

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Startup Resources

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Brandlabs

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Electric Vehicles

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Fintech Coverage

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Ecommerce

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Edtech

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Startup Stories

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Consumer Internet

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Startup Ecosystem

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Jerusalem [Israel], September 29 : Israeli Prime Minister Benjamin Netanyahu and his wife Sara Netanyahu paid an official visit to the United Arab Emirates on Sunday (local time) at the invitation of UAE President Sheikh Mohamed bin Zayed, the Israeli Prime Minister’s Office (PMO) said.

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Netanyahu visits UAE at invitation of President Sheikh Mohamed bin Zayed; holds talks on strengthening relations between two nations #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Netanyahu visits UAE at invitation of President Sheikh Mohamed bin Zayed; holds talks on strengthening relations between two nations

https://www.lokmattimes.com/international/netanyahu-visits-uae-at-invitation-of-president-sheikh-mohamed-bin-zayed-holds-talks-on-strengthening-relations-between-two-nations

Washington DC [US], September 29 : United States President Donald Trump on Monday (local time) announced that Indian multinational conglomerate Essar Group, through its subsidiary Mesabi Metallics, will invest USD 18 billion to construct the largest steel plant in American history in the state of Iowa.

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India's Essar Group to invest $18 billion to build "largest US steel plant" in Iowa: Donald Trump announces #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India's Essar Group to invest $18 billion to build "largest US steel plant" in Iowa: Donald Trump announces

https://www.lokmattimes.com/international/indias-essar-group-to-invest-18-billion-to-build-largest-us-steel-plant-in-iowa-donald-trump-announces

Washington DC [US], September 29 : Lebanese Prime Minister Nawaf Salam on Monday (local time) held high-level discussions with United States Secretary of State Marco Rubio at the US Department of State headquarters in Washington, focusing on regional developments and the roadmap toward restoring “Lebanon’s full sovereignty.

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"Discussed path to restoring Lebanon's full sovereignty": Lebanese PM Nawaf Salam #DH_SHARE_URL# By Lokmat Times via Dailyhunt

"Discussed path to restoring Lebanon's full sovereignty": Lebanese PM Nawaf Salam

https://www.lokmattimes.com/international/discussed-path-to-restoring-lebanons-full-sovereignty-lebanese-pm-nawaf-salam

Washington DC [US], September 29 : The Federal Bureau of Investigation (FBI) has added fugitive gangster Satinderjeet Singh, widely known as Goldy Brar, to its coveted 'Ten Most Wanted Fugitives' list, announcing a bounty of up to USD 1 million for information leading to his arrest.

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FBI adds gangster Goldy Brar to "Ten Most Wanted Fugitives" list, announces $1million bounty #DH_SHARE_URL# By Lokmat Times via Dailyhunt

FBI adds gangster Goldy Brar to "Ten Most Wanted Fugitives" list, announces $1million bounty

https://www.lokmattimes.com/international/fbi-adds-gangster-goldy-brar-to-ten-most-wanted-fugitives-list-announces-1million-bounty

New Delhi [India], September 29 : Trinidad and Tobago is pursuing the implementation of India’s Unified Payments Interface (UPI), becoming the first Caribbean nation to adopt the digital payment technology, the country’s High Commissioner to India, Chandradath Singh, said on Monday, underlining the expanding strategic partnership between the two countries.

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Trinidad and Tobago to become first Caribbean nation to adopt India’s UPI, says High Commissioner #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Trinidad and Tobago to become first Caribbean nation to adopt India’s UPI, says High Commissioner

https://www.lokmattimes.com/international/trinidad-and-tobago-to-become-first-caribbean-nation-to-adopt-indias-upi-says-high-commissioner

New York [US], September 28 : India has reaffirmed its commitment to combating racism, racial discrimination, xenophobia, and related forms of intolerance during the 81st Session of the United Nations General Assembly in New York.

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India backs Durban Declaration at UNGA, calls for coordinated global action against racism #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India backs Durban Declaration at UNGA, calls for coordinated global action against racism

https://www.lokmattimes.com/international/india-backs-durban-declaration-at-unga-calls-for-coordinated-global-action-against-racism

London [UK], September 28 : The Embassy of Iran in the United Kingdom on Monday rejected "unfounded and malicious speculations" linking Tehran to the arrest of five suspects near RAF Fairford in Gloucestershire over a suspected terror act, calling the reports "fabricated" and warning that they would fuel "Iranophobia propaganda" in the UK.

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"Iranophobia propaganda": Iran Embassy slams "fabricated" reports linking UK RAF Fairford to Tehran #DH_SHARE_URL# By Lokmat Times via Dailyhunt

"Iranophobia propaganda": Iran Embassy slams "fabricated" reports linking UK RAF Fairford to Tehran

https://www.lokmattimes.com/international/iranophobia-propaganda-iran-embassy-slams-fabricated-reports-linking-uk-raf-fairford-to-tehran

New Delhi [India], September 28 : India and Fiji on Monday discussed ways to strengthen bilateral defence and maritime cooperation, including greater collaboration in the defence industry, during a meeting between Defence Secretary Rajesh Kumar Singh and Fiji's Permanent Secretary for Defence and Veterans Affairs, Mason Smith, in the national capital.

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India-Fiji discuss defence, maritime cooperation in Bilateral Joint Working Group meet #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India-Fiji discuss defence, maritime cooperation in Bilateral Joint Working Group meet

https://www.lokmattimes.com/international/india-fiji-discuss-defence-maritime-cooperation-in-bilateral-joint-working-group-meet

Aam Aadmi Party (AAP) national convener Arvind Kejriwal, on Monday, said the Cockroach Janta Party's movement should now be for Prime Minister Narendra Modi's resignation.

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'CJP's Movement Now Should Be For PM Modi's Resignation': Kejriwal Targets Govt, Poll Body Amid SIR Row #DH_SHARE_URL# By timesnow.in via Dailyhunt

'CJP's Movement Now Should Be For PM Modi's Resignation': Kejriwal Targets Govt, Poll Body Amid SIR Row

https://www.timesnownews.com/india/cjp-movement-now-should-be-for-pm-modi-resignation-kejriwal-targets-government-poll-body-sir-row-article-156243202

Most of us probably know the feeling. You read a sad story about wildlife, feel bad, and keep scrolling. The Irwins, however, went another way.

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How Steve and Terri Irwin turned a 3,500-acre land purchase into 44,000 trees and 1,630 more acres of protected habitat #DH_SHARE_URL# By Hindustan Times via Dailyhunt

How Steve and Terri Irwin turned a 3,500-acre land purchase into 44,000 trees and 1,630 more acres of protected habitat

https://www.hindustantimes.com/world-news/how-steve-and-terri-irwin-turned-a-3-500-acre-land-purchase-into-44-000-trees-and-1-630-more-acres-of-protected-habitat-101790592114543.html?utm_source=newshunt-ht

Brussels [Belgium], September 28 : The Council of the European Union on Monday imposed restrictive measures on 10 individuals and 17 entities over their alleged involvement in the unlawful deportation and forcible transfer of Ukrainian children to Russia and temporarily occupied territories of Ukraine.

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EU sanctions 10 individuals, 17 entities over alleged unlawful deportation of Ukrainian children to Russia #DH_SHARE_URL# By Lokmat Times via Dailyhunt

EU sanctions 10 individuals, 17 entities over alleged unlawful deportation of Ukrainian children to Russia

https://www.lokmattimes.com/international/eu-sanctions-10-individuals-17-entities-over-alleged-unlawful-deportation-of-ukrainian-children-to-russia

On Tuesday, September 29, Lindsay Clancy will return to the Plymouth Superior Court in Massachusetts for the first time since the September 4 mistrial ruling.

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Lindsay Clancy trial: What time will the hearing start Tuesday? 3 key legal issues on the agenda explained #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Lindsay Clancy trial: What time will the hearing start Tuesday? 3 key legal issues on the agenda explained

https://www.hindustantimes.com/world-news/us-news/lindsay-clancy-trial-what-time-will-the-hearing-start-tuesday-3-key-legal-issues-on-the-agenda-explained-101790633032056.html?utm_source=newshunt-ht

Preorders for God of War: Laufey are set to begin on September 29 at 10 am ET, with Sony revealing what players will receive with each available edition.

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God of War Laufey preorder details: Editions, bonuses, price and release date explained for PS5 players #DH_SHARE_URL# By Hindustan Times via Dailyhunt

God of War Laufey preorder details: Editions, bonuses, price and release date explained for PS5 players

https://www.hindustantimes.com/sports/us-sports/god-of-war-laufey-preorder-details-editions-bonuses-price-and-release-date-explained-for-ps5-players-101790633366612.html?utm_source=newshunt-ht

New Delhi [India], September 28 : India has dispatched about 3 tonnes of anti-tuberculosis medicines to Colombo to help support Sri Lanka's public health system.

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https://www.lokmattimes.com/international/india-dispatches-about-3-tonnes-of-anti-tuberculosis-medicines-to-sri-lanka