Shadowfax sets price band of Rs 118 – Rs 124 per share for IPO
Shadowfax’s offering will include a fresh issue of shares worth Rs 1,000 crore and an offer-for-sale of Rs 907.3 crore.
3one4 completes partial exit from Dhan’s parent company
The exit from Raise Financial Services realised about 65% in internal rate of return for the venture capital firm.
ChrysCapital get CCI’s nod to acquire stake in Nash Industries
Mumbai-based ChrysCapital is acquiring stakes through its three affiliates, ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Ltd.
UPI user base can more than double to 1B: RBI Deputy Governor
About 50% of global retail payment transactions are done in India but, in terms of the number of digital transactions per person, it has to catch up with many advanced economies.
PayU Payments’ loss narrows to Rs 248 Cr in FY25
The consolidated revenue from operations of PayU increased by about 23% to Rs 5,562.98 crore in FY25.
Unacademy to shut company-operated offline centres; to transition to franchise model: Gaurav Munjal
Days after upGrad called off the deal with Unacademy, the edtech company is transitioning its offline centres to a franchise model to cut burn and slowly phase out the offline business, which it started with much fanfare in 2022.
Pee Safe raises $32M from OrbiMed to scale women’s hygiene business
The funding round includes a mix of primary capital and secondary share sales, allowing some early investors to partially exit, while providing growth capital for the business.
Groww reports Q3 profit of Rs 547 Cr, revenue of Rs 1,216 Cr
Groww posted a PAT of Rs 546.93 crore for Q3 FY26, down from Rs 757.11 crore in the same period a year ago, according to its financial statements.
State Street to buy stake in Groww AMC at about Rs 2,500 Cr valuation
The US-based asset managers’ entry follows a similar move by rival BlackRock, which formed a joint venture with Jio Financial Services Ltd. to tap into India’s asset management sector.
Ola Electric opens up its 4680 Bharat Cell platform to startups, businesses
The in-house manufactured cells can be used across automotive, humanoids, drones, and portable medical equipment, Ola Electric said.
Samsung Galaxy S26 Ultra Rumours: New Design, Faster Charging, and a Delayed March Launch
Samsung fans are already looking ahead to the Galaxy S26 Ultra, which is expected to arrive… The post Samsung Galaxy S26 Ultra Rumours: New Design, Faster Charging, and a Delayed March Launch appeared first on Fossbytes.
Startup news and updates: Daily roundup (January 13, 2026)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Monday, January 13, 2026.
EV charging startup Kazam eyes 2X jump in revenue even as it expands into electric two wheeler and e-buses
The company is targeting a revenue of about Rs 85 crore in FY26–a 2X jump from the revenue it had reported in FY25 on the back of its expansion plans and continued dominance in the electric three-wheeler category.
Indian government is mapping out more public fast chargers but implementation remains slow
Under the PM E-DRIVE scheme, the government has a budget outlay of Rs 10,900 crore to focus on setting up fast chargers for vehicle categories.
On the quest for ‘consistency’: How a kabaddi player became a fitness entrepreneur
On the quest for ‘consistency’: How a kabaddi player became a fitness entrepreneur Chetan Kumar Shukla did not chase visibility he choose
Liquidnitro raises $19.1M in Series A led by Northpoint Capital
Liquidnitro Games will utilise this funding towards product development, market expansion and hiring.
How a home kitchen grew into a steady food business in Barabanki
Sarvagya Srivastava started a small food operation in Barabanki district during a financially difficult period for his family.
Bengaluru-based cybersecurity firm CloudSEK gets $10M in funding from US state-backed fund
CloudSEK received $10 million funding from Connecticut Innovations, the venture capital arm of the State of Connecticut.
The world has a new $4-trillionaire: Google’s parent Alphabet’s value rises after Apple’s Gemini deal
Google has signed a multi-year deal with Apple to power the iPhone maker’s upcoming AI features. Following the announcement, Alphabet becomes the fourth company to hit the $4 trillion milestone after Nvidia, Microsoft and Apple.
Meta to slash over 1,500 roles this week amid fresh round of layoffs
Meta is planning to slash around 10 per cent work force of its Reality Labs division. The pink slips are expected to be announced this week.
