Article 

Bengaluru-based credit management platform CheQ has elevated Bipin Toro and Vished Banger as co-founders, recognising their role in building and scaling the company since 2022. The announcement comes as CheQ closes FY26 with full-year profitability and annual recurring revenue of more than $40 million. Toro, who has led engineering at CheQ, has been named Co-founder and Chief Technology Officer. H

Sumit Vishwakarma · 30 Jun 2026

Private equity firm Ananta Capital has acquired a majority stake in Phitku, an Indian personal care brand focused on body odour management. The companies did not disclose the financial terms of the acquisition. The deal was structured through a combination of primary capital infusion and secondary share purchase, giving Phitku fresh growth capital while allowing partial liquidity for its founders.

Sumit Vishwakarma · 1 Jul 2026

Netradyne, an AI-powered fleet safety and performance technology company with a presence in Bengaluru, has announced a strategic partnership with Geosecure, an Australian fleet technology specialist headquartered on the Sunshine Coast. The partnership will bring Netradyne's AI-driven driver monitoring platform to Australian fleets through Geosecure's existing client network and local market expert

Sumit Vishwakarma · 1 Jul 2026

C.E. Info Systems, the company behind MapmyIndia, has appointed Rohan Verma as joint managing director for a five-year term from 1 July 2026, subject to shareholder approval. The Indian digital mapping and location technology company said Verma will focus on advancing its AI-led products and platforms across geospatial technology, the Internet of Things and other deep-tech areas. Rakesh Verma, cha

Sumit Vishwakarma · 1 Jul 2026

Dream Sports is closing Dream Money, its financial services platform, about 14 months after its official launch in May 2025. A notice dated 30 June 2026 on the Dream Money website said the platform was discontinuing business operations with immediate effect, including digital gold, mutual fund distribution, fixed deposits and lending services. The Dream Money app will remain accessible until 30 Ju

ISN Team · 1 Jul 2026

Indian govt has asked Meta to pause the rollout of WhatsApp’s planned username feature in the country, citing concerns that it could increase impersonation, phishing and online fraud. The Ministry of Electronics and Information Technology (MeitY) issued a notice asking Meta to provide a detailed explanation of the feature within three days. The ministry has also directed the company not to roll it

ISN Team · 2 Jul 2026

Sparrow Capital has closed its third fund at Rs 475 crore, giving the Bengaluru-based venture capital firm more capital to make larger seed-stage investments. The early-stage, sector-agnostic firm plans to back 25 to 30 startups over the next three years, with initial cheques of $1 million to $2 million. It has already made five investments from the new fund. About 60% of the corpus came from glob

Sumit Vishwakarma · 2 Jul 2026

Crib, a property management platform for co-living spaces, hostels and paying guest accommodation, has acquired rent financing company CirclePe. The acquisition will allow Crib to offer zero-deposit renting through its platform. Tenants will be able to move into properties without paying a large security deposit upfront, while operators will receive rent and deposit-linked financing in advance. Ci

ISN Team · 2 Jul 2026

Swara Baby Products, a FirstCry-backed maker of disposable hygiene products, has filed draft papers with the SEBI for an IPO worth Rs 1,000 crore. The proposed share sale will include a fresh issue of equity shares worth up to Rs 500 crore and an offer for sale of up to Rs 500 crore by existing shareholders. Brainbees Solutions, the parent company of FirstCry, plans to sell shares worth up to Rs 3

Sumit Vishwakarma · 2 Jul 2026

Swiggy’s quick-commerce arm Instamart has appointed Gautam Swaroop as its chief business officer, as the company reshapes its senior team in a competitive market. Swaroop will oversee customer growth, category management, brand partnerships and expansion at Instamart. Before joining Instamart, he led OYO’s international business. He has also worked with McKinsey & Company and Dr Reddy’s Laboratori

ISN Team · 2 Jul 2026

BCT Ventures, a consumer brands platform built around AI-native operations across insights, product development, and go-to-market, has launched with Rs 42 crore seed funding from 3one4 Capital. The company was founded by Kashyap Vadapalli, KV Ravi Shekhar, and Anubhav Sonthalia. The founding team brings a mix of experience in consumer brand building, digital growth, and audience scaling, having pr

Sumit Vishwakarma · 3 Jul 2026

Walmart-owned ecommerce giant Flipkart has appointed Vinay Vaidya as senior vice-president of technology for supply chain, as the e-commerce company looks to strengthen its technology leadership and advance its AI, platform and supply chain capabilities. Vaidya will lead technology and platforms across fulfilment services, seller experience, trust and safety, and marketplace. He will also drive in

Sumit Vishwakarma · 3 Jul 2026