Tiger Global, Microsoft to fully exit Walmart-backed PhonePe via its IPO
Tiger Global and Microsoft are offering up their full stakes in the company, while Walmart is choosing to retain its majority stake, and selling up to 45.9 million shares.
Eternal CEO Deepinder Goyal hands over reins to Blinkit chief as quick commerce takes off
Deepinder Goyal will remain on Eternal’s board as its vice chairman.
Amagi slides in India debut, as cloud TV software firm tests investor appetite
Amagi shares debuted at a 12% discount, offering an early read on investor demand for a rare type of tech listing in India.
Indian vibe-coding startup Emergent raises $70M at $300M valuation from SoftBank, Khosla Ventures
The funding comes as the startup claims it has scaled ARR to $50 million, and is targeting $100 million by April 2026.
Everstone combines Wingify, AB Tasty for $100M+ digital experience optimization platform
The combined business will serve more than 4,000 customers globally and surpass $100 million in annual revenue.
Anthropic taps former Microsoft India MD to lead Bengaluru expansion
Irina Ghose joins Anthropic as India managing director after 24 years at Microsoft.
Tiger Global loses India tax case tied to Walmart-Flipkart deal in blow to offshore playbook
Tiger Global’s case in India is being closely watched by investors.
Indian SpaceX rival EtherealX hits 5x valuation as it readies engine tests
EtherealX is ramping engine tests and building a 150-acre rocket campus in India as it targets a 2027 launch mission.
Microsoft taps India’s Varaha for durable carbon removal offtake
Microsoft is buying over 100,000 tons of carbon dioxide removal credits from India’s Varaha over the next three years.
India’s Emversity doubles valuation as it scales workers AI can’t replace
Emversity has raised $30 million in a new round as it scales job-ready training in India.