Article 

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

Mynd Fintech, a supply chain financing platform and subsidiary of M1xchange, has acquired a 100% stake in C2FO India Technologies for an undisclosed amount. The acquisition will bring C2FO India’s platform, about 100 employees and around 140 clients into Mynd Fintech’s operations. The combined business is expected to process Rs 60,000 crore in annual transactions across buy-side and sell-side fina

ISN Team · 3 Jul 2026

Paytm’s Luxembourg-based subsidiary has been granted a payment institution licence by the Commission de Surveillance du Secteur Financier, Luxembourg’s financial regulator. One 97 Communications, which operates Paytm, said in a stock exchange filing that Paytm Europe Payments S.A. had been informed by the CSSF on 2 July that the licence had been granted. The company said Paytm Europe had also been

Sumit Vishwakarma · 3 Jul 2026

Indian technology firm HCLTech has signed a $1.14 billion strategic partnership with a Europe-headquartered Fortune Global 50 company to transform and manage the client’s digital workplace and enterprise network operations. In a stock exchange filing on Friday, HCLTech said the agreement would establish an “AI driven operating model” for the customer. The contract will run from July 2026 to Decemb

ISN Team · 4 Jul 2026

IPO-bound drone startup Garuda Aerospace has signed a Memorandum of Understanding (MoU) with Micron Instruments Pvt. Ltd., an Indian manufacturer of precision fuzes, defence ammunition systems, and critical military components. The partnership brings together two manufacturing companies with complementary areas of expertise to collaborate on the development of indigenous defence technologies. Unde

Vivek Vishwakarma · 4 Jul 2026