UltraTech Enters Wires and Cables Market with ₹1,800 Crore Ultravolt Launch
UltraTech Enters Wires and Cables Market with ₹1,800 Crore Investment UltraTech Cement, one of India’s leading cement manufacturers, has entered the wires and cables market with the launch of its new brand Ultravolt. The company has invested approximately ₹1,800 crore in the new business, marking a major expansion of its building-materials portfolio. Ultravolt was officially […]
D2C Beauty Brand Plum’s Revenue Crosses ₹500 Crore in FY26; Profit Nearly Doubles
Plum’s Revenue Crosses ₹500 Crore in FY26 India’s D2C beauty and personal care market continues to expand as established digital-first brands strengthen their businesses. Mumbai-based Plum has reported a strong financial performance in FY26, with its revenue from operations crossing the ₹500 crore milestone. According to the company’s financial statements, Plum’s revenue from operations increased […]
TCS Launches India’s First Lights-Out Factory Lab in Pune to Demonstrate AI-Powered Manufacturing
TCS Launches India’s First Lights-Out Factory Lab in Pune India’s manufacturing sector is moving towards greater automation and artificial intelligence as Tata Consultancy Services (TCS) has launched what it describes as India’s first Lights-Out Factory Lab at its Sahyadri Park campus in Pune. The new facility combines robotics, digital twins, industrial AI and factory control […]
Aluminium Prices Rise Amid Supply Constraints and Declining Inventories Across Global Markets
Aluminium Prices Rise Amid Tight Supply Conditions Aluminium prices moved higher as continued supply constraints and declining inventories across major markets supported the metal. According to Kedia Advisory, aluminium settled 0.94% higher at ₹352.75, gaining ₹3.30 as concerns over global supply availability continued to influence market sentiment. Declining inventories in key exchanges, along with lower […]
INDUS-tech Metal Forming & Machine Tools Expo 2026 to Showcase Advanced Manufacturing Technologies in Mumbai
INDUS-tech Metal Forming & Machine Tools Expo 2026 Set to Take Place in Mumbai India’s manufacturing and engineering industry is preparing for a major B2B exhibition as the INDUS-tech Metal Forming & Machine Tools Expo 2026 is scheduled to take place in Mumbai. The three-day trade show will be held from October 7 to October […]
D2C Sneaker Brand Comet Raises ₹100 Crore in Series B Funding Led by Verlinvest
Comet Raises ₹100 Crore in Series B Funding India’s homegrown sneaker market continues to attract investor attention as D2C sneaker brand Comet has raised around ₹100 crore in its Series B funding round. The round was led by Belgium-based investment firm Verlinvest, with participation from existing investors Elevation Capital and Nexus Venture Partners. The fresh […]
Ather Energy Reports 71% Reduction in Q1 FY27 Losses as Revenue Crosses ₹1,200 Crore
Ather Energy Delivers Strong Q1 FY27 Performance Electric two-wheeler manufacturer Ather Energy reported a strong start to FY27, posting robust revenue growth and a sharp reduction in losses during the first quarter. The company recorded ₹1,217 crore in revenue from operations in Q1 FY27, driven by strong growth in electric scooter sales. Including ₹43 crore […]
Revspot Raises $4.8 Million in Series A Round Co-Led by Inflexor and Info Edge Ventures
Revspot Secures $4.8 Million in Series A Funding Bengaluru-based artificial intelligence startup Revspot has raised $4.8 million in a Series A funding round co-led by Inflexor Ventures and Info Edge Ventures. The funding round also saw participation from Pentathlon Ventures, Silicon Road Ventures and existing investor Titan Capital. The fresh capital will support Revspot’s efforts […]
Instamart Appoints Former Myntra CEO Nandita Sinha as CEO as Amitesh Jha Resigns
Instamart Announces Major Leadership Change Swiggy’s quick commerce arm Instamart has appointed former Myntra CEO Nandita Sinha as its new Chief Executive Officer, marking a significant leadership transition at the company. Sinha will take charge of Instamart from August 3, 2026, succeeding Amitesh Jha, who has resigned to pursue other opportunities. Swiggy announced the leadership […]
Lumiq Set to Raise ₹50 Crore in Series B Round Led by Bajaj Finserv Ventures
Lumiq Prepares Fresh Series B Fundraise Noida-based data analytics and artificial intelligence startup Lumiq is set to raise ₹50 crore (approximately $5.2 million) in a new Series B funding round. The round will be led by Bajaj Finserv Ventures, with participation from existing investor Info Edge. This marks Lumiq’s first major fundraising event in nearly […]