The signal archive

Lok Sabha passes the bill clearing the path to levy MDR on UPI payments; Dabur India moves court against FSSAI's prohibition order; Shiprocket's FY26 loss widens ahead of its IPO

A new bill lays the groundwork to bring back MDR on UPI, even as RBI calls it premature; Reliance Retail acquires Furrl; Shiprocket trims its IPO 31% ahead of an August 12 listing

Nykaa buys 51% of D2C skincare brand Aminu as its own Q1 profit triples; Elevation Capital and Peak XV cash out ₹4,000 Cr in Meesho and Paytm stock; Vaaree raises ₹65 Cr

Flipkart enters food delivery undercutting Swiggy and Zomato on commission; FSSAI hits Dabur with a prohibition order; Shiprocket's IPO reportedly pricing 30% below its last round

Swiggy’s Instamart turns a corner, but brokerages can’t agree if it holds; NSE and Jio target September listings; Snabbit’s burn per job falls below ₹250

Zepto makes its IPO pause official, still won’t name a new listing date; Indian startup funding falls 67% to $662 Mn; Shadowfax hits an all-time high as Pine Labs slides

Zepto's IPO isn’t dead, Palicha tells employees it’s back on for 2027; Swiggy bets on affordability as its stock falls 5%; Shadowfax's Q1 profit jumps 8x

Zepto pulls its IPO, raises ₹1,000 Cr from existing investors instead; Swiggy’s Instamart hits breakeven as food delivery margin slips; Emami targets 25% new-age brand revenue by FY30

Zepto mulls delaying its IPO as investors push valuation to $2.5-3 Bn; Bengaluru hotels warn of a Swiggy boycott; Rapido’s Ownly expands to six cities

Zepto earmarks ₹2,298 Cr anchor book for a $3 Bn IPO valuation; Swiggy hands Instamart to ex-Myntra CEO Nandita Sinha; Delhi High Court orders Paytm Payments Bank wound up

Tata Digital's FY26 loss balloons to ₹4,974 Cr as BigBasket eats 64% of it; Bombay Shaving Company turns adjusted-EBITDA positive; FSSAI orders energy drink brands to relabel

PhonePe's real FY26 loss is ₹364 Cr once non-cash charges are stripped out, and its IPO is paused; Wipro Consumer Care and Murugappa race for Double Horse; Paytm bets on AI software

PhonePe's FY26 loss widens 62% ahead of its IPO; The Bear House targets ₹500 Cr FY27 revenue; Swiggy tumbles 9.19% as BlueStone soars 28.9%

Flipkart confirms food delivery entry to challenge Zomato and Swiggy; Tata Consumer's acquired brands overtake tea and coffee; PhonePe-Google Pay's UPI share keeps sliding

Meesho narrows losses 54% as revenue jumps 48%; Wipro Consumer Care's 2nd acquisition in 3 days; Swiggy caps foreign ownership

Blinkit turns EBITDA-positive as spoilage eats 3x that profit; AJIO Beauty launches; IndiaMART hits a 52-week low

BlueStone’s third straight profitable quarter; Palmonas enters lab-grown diamonds; Meesho’s GST model draws Sebi scrutiny

Open Secret raises ₹50 Cr to go offline; Plazza lands $15 Mn Series A; D2C brands quietly retire ROAS

BigBasket's founder era ends as Hari Menon exits; iD Fresh eyes Oct 2027 IPO; consumer M&A hits $981 Mn

Zepto's IPO gets a real $4.5 Bn number; JSW One files for IPO; Instamart delivers LPG cylinders

Reliance Retail pays for the q-comm war in margin; Zepto’s paid Club; Campa crosses ₹8,600 Cr

Myntra pushes AI into both ends of its marketplace; De Beers’ ₹1,000 Cr India bet; Meesho turns Indian

BigBasket reportedly halves footprint to 40 cities; Marico steps up FY27 M&A; Naturis ₹100 Cr

Zepto readies premium grocery tab Select; Temasek trims Lenskart ₹1,940 Cr; Anmasa raises ₹30 Cr seed

Giva in talks for $80-100 Mn raise; Naturis Cosmetics ₹33.74 Cr; BUILT footwear $2 Mn

Cult.fit's FY26 revenue up 41.6%, net loss narrowed 48%; Confluxe launches; MSME AI-adoption gap sits under 25%

Swiggy Instamart hit with 9 FSSAI notices; DMart Q1 margins squeezed by qcomm; GoKwik cuts 120 roles

Plum taps Rothschild for $100 Mn raise; Aukera raises ₹90 Cr; Pernia's Pop Up Shop raises ₹162 Cr debt

Marico's acquired D2C brands cross ₹2,375 Cr; CarDekho files ₹3,500 Cr IPO; Qikink launches creator storefronts

Flipkart drops fashion commission to zero for 90K sellers; Honasa guides 30% Q1 growth; JioStar enters commerce via AI

Swiggy crosses 50% domestic ownership, stock +7%; Rapido beats Uber, Ola, Blinkit on users; Honasa expands beyond Mamaearth

Cult.fit files ~₹950 Cr IPO; Blinkit launches Gourmet; Honasa expands beyond Mamaearth; Myntra occasion wear surges

Nykaa Q1 FY27 at 30% growth; Klydo halts; Indian beauty brands go global; MeitY pauses WhatsApp usernames

Carlsberg India files ₹7,100 Cr IPO; VC weekly inflow crashes; Victorinox goes D2C in India

Karnataka HC refuses gig workers stay; The Man Company losses widen 49%; Agentic AI rewrites ecommerce discovery

AI enters brand creation; Blinkit vs Instamart divergence widens; Narasu’s bootstrapped model and Udaan’s crisis

FSSAI targets Red Bull, Monster, PepsiCo over energy drink claims, q-comm reaches FMCG boardrooms

D2C’s owned media arms race, H1 2026 funding up 21% to $6.9 Bn, and Flipkart bets on loyalty over discounts

PayU turns EBITDA positive in FY26, platforms challenge Karnataka’s gig worker law, and Honasa pivots to health-beauty

Let’s Try triples to ₹200 Cr in snacking, Nykaa sets ₹5 Bn FY30 target, and Amazon buys ads inside ChatGPT

K-beauty reshapes Indian D2C, AllHome raises ₹200 Cr, and Shadowfax doubles since listing

NEWME's 50-store push, quick fashion delivery wars, Amazon's $13 Bn India bet, and food D2C goes institutional

Zepto's ₹9,500 Cr IPO, boAt lands in Singapore, and offline is the new moat

D2C 3.0 is here, D2C Summit announced, q-comm ad spend surges 202%, Snitch goes hyperlocal

Meta × CRED × WhatsApp, CCPA's "100%" ruling, Cashfree checkout lift