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Battery recycling startup BatX Energies has raised Rs 105 crore, about $11 million, in a Series A funding round led by IvyCap Ventures. The round also included existing investors Zephyr Peacock, Mankind Pharma Family Office, Excel Industries Family Office and JITO. Founded in 2020 by Utkarsh Singh and Vikrant Singh, BatX recovers materials such as lithium, cobalt, nickel and graphite from end-of-l

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

Gurugram-based AI startup Brekfuz has raised $525,000 in a funding round valuing it at $7.5 million, according to the ET report. The round included participation from Pear VC, Pareto Holdings, Collective Global and angel investors. Founded by Arhan Singhal (18), and Sarthak Ahuja (19), the startup is building what it calls a “Human API” for enterprise employees. Singhal is an AI student at the Uni

ISN Team · 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

Sports retail startup PlayBlue has raised $2.7 million in seed funding as it prepares to launch its first stores and a pan-India e-commerce platform. The round was co-led by Centre Court Capital and MIXI Global, with participation from WEH Ventures. PlayBlue, co-founded by Satyam Trivedi and Jayam Vora, is building an omnichannel, multi-brand sports retail platform for athletes, fitness enthusiast

Sumit Vishwakarma · 4 Jul 2026

Culture-led lifestyle brand CUNIN has raised $450,000 in a pre-seed funding round led by ALL IN Capital and Huddle Ventures. The brand said it will use the funding to accelerate product development, strengthen its team, build the brand and expand offline. It will also support the launch of CUNIN’s debut fragrance portfolio and its Carryable Perfume Accessories category. Founded by Kunal Shukla, Am

Sumit Vishwakarma · 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

Temasek-linked Macritchie Investments Pte Ltd has sold a 2.2% stake in PB Fintech, the parent company of Policybazaar and Paisabazaar, through bulk deals worth about Rs 1,633 crore. NSE bulk deal data showed Macritchie Investments sold 1.01 crore shares at Rs 1,604.12 apiece, taking the total transaction value to Rs 1,632.98 crore. The investor held a 6.47% stake in PB Fintech at the end of March.

Sumit Vishwakarma · 4 Jul 2026