Startup News and Updates: Daily Roundup (September 18)

From Investorant which enables fractional ownership in the F&B industry, to IBM’s collaboration with BharatGen, YourStory brings today’s headlines that highlight significant developments across industries. Featured stories  Bengaluru-based Investorant enables…

PayU raises holding in payments startup Mindgate to 70%

PayU, the payments and fintech arm of Prosus NV, has raised its stake in Mumbai-based Mindgate Solutions to 70%, moving from a minority investor to majority shareholder as competition intensifies…

Gameskraft to lay off employees amidst online gaming ban, alleged fraud by ex-CFO

In a double whammy, Gameskraft on Thursday said it will lay off 120 employees as part of a restructuring exercise, at a time when the company is reeling from the…

Jaro Education announces Rs 450 Cr IPO

Jaro Institute of Technology Management and Research (Jaro Education) is looking to raise Rs 450 crore through its initial public offering (IPO), which will open for subscription on September 23.…

Walmart India’s losses narrow to Rs 111 Cr as revenue inches up in FY25

Walmart India Private Limited, the Indian arm of Walmart Inc, reported a modest rise in revenue and a reduction in losses in the financial year ended March 31, 2025. Revenue…

DevSparks Chennai 2025: What’s lined up for devs on Sep 20?

In the last 18 months, YourStory’s DevSparks has become one of India’s most dynamic platforms for developers to experience and learn cutting-edge tech like generative AI, data science, cybersecurity, and…

India adds a millionaire every 30 minutes: Hurun report

India’s prosperity story is gathering pace, with wealth creation not just rising but speeding up. According to the Mercedes-Benz Hurun India Wealth Report 2025, the number of households in India…

Heavy-duty truck maker Blue Energy Motors raises $30M from Nikhil Kamath, others

Essar-backed Blue Energy Motors on Thursday raised $30 million in a fresh funding round from Zerodha’s Nikhil Kamath and textile trading firm Omnitex Industries. The firm is expected to use…

Construction tech firm Infra.Market secures Rs 732 Cr funding by Nikhil Kamath

Indian construction materials platform Infra.Market secured Rs 732 crore ($83 million) in fresh funding as the company prepares for a public listing. The Series G round was led by Nikhil…

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