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Inc42 Media stands as India's leading modern tech media platform that supports entrepreneurship and serves as a hub for digital culture and innovation tailored for today's connected audience. We focus on creating and curating stories specific to India, with a strong commitment to highlighting startups, evaluating new Internet products, and delivering the latest updates in technology news.

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D2C Jewellery Startup GIVA To Raise INR 450 Cr From Creaegis, Others

3 days ago | inc42.com | Amit Singh

SUMMARY The D2C jewellery startup has raised INR 530 Cr in a round led by Creaegis. The round also saw participation from Premji Invest, Epiq Capital, and Edelweiss Discovery Fund.
CCI Clears Manipal Group’s Proposal To Buy Stake In Aakash

3 days ago | inc42.com | Lokesh Choudhary

SUMMARY Aakash founder JC Chaudhry owns only a minority stake in Aakash after selling a significant portion of his shares to the Manipal Group earlierRanjan Pai, who leads the Manipal Group, is one of the largest shareholders in Aakash having about a 40% stakeThe CCI approval comes at a time when Aakash is looking to raise fresh funds.
Meta Launches Gaming Accelerator In India With Top VCs

4 days ago | inc42.com | Lokesh Choudhary

SUMMARY Meta has launched the Meta Gaming Accelerator in India, partnering with four top VC firms, Bitkraft Ventures, Kalaari Capital, Lumikai Fund, and Elevation Capital The three-month programme will support 20–30 small and mid-sized game developers and studios across India It aims to help them scale through expert mentoring, strategic guidance, and Meta’s AI tools, including Llama Meta has launched the Meta Gaming Accelerator in India, partnering with four top VC firms, Bitkraft Ventures,...
Incuspaze Acquires TRIOS To Strengthen Presence In Pune

4 days ago | inc42.com | Lokesh Choudhary

SUMMARY IPO-bound managed and coworking space provider Incuspaze has acquired Pune-based TRIOS in a cash-and-stock deal The acquisition of TRIOS, which is a smaller rival of Incuspaze, will help the startup grow its revenue and expand its presence in Pune Incuspaze said that the deal supports its plan to reach INR 350 Cr to INR 400 Cr of operating revenue in FY26 IPO-bound managed and coworking space provider Incuspaze has acquired Pune-based TRIOS in a cash-and-stock deal. The acquisition of...
Exclusive: Now, Blinkit’s Bistro Starts Charging Convenience Fee

1 week ago | inc42.com | Lokesh Choudhary

SUMMARY Bistro has started charging a convenience fee of INR 5 on orders, becoming the latest ecommerce platform to do soThe convenience fee is shown on Bistro’s final bill summary.
DroneAcharya Delays Financial Submission For H2 FY25

1 week ago | inc42.com | Anne Florentyna

SUMMARY DroneAcharya has delayed its submission for the second half of FY25 by over a month now, deferring it from May 27 to July 11 The dronetech company has adjourned its board meeting to consider and approve the results for the time period thrice now The company informed that it is due to delays in the audit process, primarily caused by resource constraints and extended internal review procedures BSE SME-listed DroneAcharya has delayed its submission for the second half of the fiscal year...
RBI Fines Fino Payments Bank NR 29.6 Lakh For Flouting Licencing Rule

1 week ago | inc42.com | Anne Florentyna

SUMMARY The RBI said it has imposed a penalty on Fino Payments Bank for non-compliance with certain directions on ‘licencing of payments banks’ The Statutory Inspection for Supervisory Evaluation (ISE 2024) of the bank was with reference to its financial position as of March 31, 2024 Shares of the company closed 3.5% higher at INR 291.8 apiece on the BSE yesterday, The Reserve Bank of India (RBI) said it has imposed a penalty of INR 29.6 Lakh on Fino Payments Bank for non-compliance with...
Myntra Expands Quick Delivery Service M-Now To Delhi NCR & Mumbai

1 week ago | inc42.com | Anne Florentyna

SUMMARY This expansion is being supported by an expanded network of over 40 dark stores across Bengaluru, Delhi NCR, and Mumbai In the last quarter, the startup also added Marks & Spencer, Snitch, Pantaloons, Decathlon, and YSL under M-Now Myntra kicked off piloting its two-hour delivery service M-Now in select areas of Bengaluru in November 2024 Fashion ecommerce platform Myntra has expanded its quick delivery service M-Now to Delhi NCR and Mumbai, months after its debut in Bengaluru. Last...
Foxconn Eyes New Tamil Nadu Unit To Manufacture iPhone Enclosures: Report

1 week ago | inc42.com | Anne Florentyna

SUMMARY Foxconn is looking at building the new facility within the ESR Industrial Park at Oragadam in Tamil Nadu This will be a separate unit close to their upcoming display module assembly plant which is in advanced stages in the same industrial park This comes on the back of its emerging rival Tata Electronics planning to increase iPhone enclosure production at its Hosur facility Taiwanese electronics manufacturing major Foxconn is reportedly planning to make iPhone enclosures in India and...
Meet The Five Indian Startups Selected For Maruti Suzuki’s Accelerator

1 week ago | inc42.com | Lokesh Choudhary

SUMMARY The accelerator programme has picked five startups - Frinks AI, mistEO, Adagrad, Com Olho and Eligere The selected startups are building solutions across AI, EV infrastructure, cybersecurity and quality control The startups will run a proof-of-concept with Maruti Suzuki to test their solutions in real-world settings Maruti Suzuki has selected five Indian startups for the ninth cohort of its flagship accelerator programme. The startups, picked up for the accelerator programme includes,...