India
Leadership Boost for Pine Labs: Payments Giant Set to Appoint Avendus' Sameer Kamath as New CFO
Pine Labs, the fintech giant preparing for an IPO, is set to appoint Sameer Kamath, Avendus Capital's Group CFO, as its new CFO. This strategic hire strengthens its leadership ahead of the anticipated ₹2,600 crore public listing, aiming for a $4.5-5 billion valuation. Kamath's vast experience is crucial for this pre-IPO phase.
Bridging the Gap: DoT Secretary Neeraj Mittal Calls for More Telecom Unicorns in India
DoT Secretary Neeraj Mittal calls for more telecom unicorns in India, backed by the new ₹1 lakh crore RDI scheme. He highlights India's vast digital user base and government support through initiatives like TTDF and "Samarth" incubation. This push aims to foster innovation, reduce import reliance, and position India as a global telecom leader.
India's Demand for Zero Tariffs on Labor-Intensive Exports: A Blend of Economic Imperative and Domestic Political Strategy, Says GTRI
India is strongly pushing for zero tariffs on labor-intensive exports like garments and footwear in its FTA talks with the US, according to GTRI. This demand is a strategic blend of economic growth (boosting MSMEs, employment) and domestic politics (making the deal "sellable"). The US is reluctant to reciprocate fully, raising concerns of an imbalanced trade agreement.
Unlocking Integrated Solutions: Odoo Community Days India 2025 Set to Redefine Business Efficiency
Odoo Community Days India 2025 (Aug 13-14, Gandhinagar) will be a key tech event, showcasing Odoo's integrated open-source platform. Businesses can explore live demos, expert sessions, Odoo 19 features, and network. It's designed to help companies streamline operations and achieve clarity with unified business systems.
UrbanVault Accelerates Growth in Gurugram with Two New Coworking Hubs, Commits ₹100 Crore for FY26 Expansion
UrbanVault launches two new coworking centers in Gurugram, adding 35,000 sq ft and 700 seats. This strategic expansion into Delhi-NCR is backed by a committed investment of ₹100 crore for FY26 to fuel pan-India growth. The move capitalizes on surging demand for flexible workspaces, particularly in Gurugram's thriving office market.
Infra.Market Fuels Pre-IPO Expansion with Fresh $50 Million Boost from Mars Growth Capital
Infra.Market, the B2B construction materials platform, has secured an additional $50 million from Mars Growth Capital, raising their total commitment to $150 million. This pre-IPO funding will accelerate Infra.Market's expansion across product categories and geographies, solidifying its market leadership. The capital infusion comes as the unicorn prepares for its anticipated ₹2,500 crore IPO.
India's Leading Brands Achieve Record-Breaking $236.5 Billion in Combined Value: Brand Finance Report
Brand Finance reports India's top 100 companies' combined brand value hit $236.5 billion, a record. Tata Group leads at $31.6B, followed by Infosys. Adani is fastest-growing, while Taj Hotels remains the strongest. This signals India's growing economic influence and global brand recognition, driven by digital and industrial expansion.
Indian Digital Lenders Halt IPO Plans Amidst Shifting Market Dynamics
Digital lending startups in India are delaying IPOs due to muted growth and tighter regulations. Despite some profit gains, many are prioritizing balance sheet strength and compliance over immediate public listings. This shift reflects a cautious market demanding profitability and sustainable models, though the long-term potential for digital credit in India remains strong.
Bessemer Venture Partners Forecasts $1 Trillion Digital Opportunity in India, Touting Quick Commerce and D2C as Key Drivers
Bessemer Venture Partners predicts India's digital economy will hit $1 trillion, fueled by a "tailwind trifecta" of internet penetration, youth, and supportive policies. Quick commerce and D2C brands are key drivers, alongside a content revolution. This immense growth is expected to create five times more value than the last decade, solidifying India as a global digital powerhouse.
McKinsey's Global Chief: India Poised to Become a Unifying Force on the World Stage
McKinsey's Global Managing Partner, Bob Sternfels, asserts India is poised to be a global unifying force. He highlights its youthful population, advanced digital infrastructure, and neutral diplomatic stance as key differentiators. This unique combination positions India to foster international cooperation, contribute immense human capital, and drive innovation on a massive scale.
Why India's Central Bank is Proactively Stimulating the Economy
Why is the RBI cutting rates when the economy looks good? It's a strategic move to address hidden household debt, boost private investment, and secure sustained, inclusive growth amidst global uncertainties. With inflation benign, the central bank is proactively injecting liquidity to alleviate financial stress and ensure India's economic resilience.
Sahi, Fintech Startup by Former Swiggy CTO, Secures $10.5 Million Led by Accel and Elevation Capital
Sahi, founded by ex-Swiggy CTO Dale Vaz, secured $10.5M from Accel & Elevation Capital. The fintech startup offers AI-driven, automated stock trading tools for retail investors, planning new no-code strategy builders. This funding supports product innovation and expansion, leveraging India's evolving retail trading market and new SEBI algo-trading rules.