Author: Arabian Media staff

StampMyVisa, an AI-driven B2B visa platform, has acquired travel tech startup Teleport to strengthen its presence in South India and scale its consumer reach.The financial details of the deal were not disclosed.Teleport is backed by prominent Indian startup founders including CRED’s Kunal Shah, Meesho’s Vidit Aatrey, and RedBus co-founder Phanindra Sama.“This moment feels like coming full circle—from being part of CRED’s early team to now acquiring a startup backed by Kunal Shah,” said StampMyVisa Co-founder and CEO Rahul Borude. “With this acquisition, we are bringing together the best of both worlds: Teleport’s consumer innovation and SMV’s scalable visa infrastructure.” @media…

Retail and ecommerce enablement SaaS firm Unicommerce reported an 63.6% y-o-y increase in revenue for the first quarter ending June 30, 2025, with Rs 44.9 crore, up from Rs 27.4 crore in Q1 FY25. The SoftBank-backed company witnessed a 10.8% increase in net profit during the quarter under review, climbing to Rs 3.89 crore compared to Rs 3.51 crore the previous year, as per financial statements filed by the company.“Q1 FY26 marked a strong start to the year, with continued scale and meaningful product upgrades across our platforms. Our international business for the Uniware platform maintained its positive momentum and achieved…

Retail and ecommerce enablement SaaS firm Unicommerce reported an 67% y-o-y increase in revenue for the first quarter ending June 30, 2025, with Rs 45 crore, up from Rs 27 crore in Q1 FY25. The SoftBank-backed company witnessed a 9% increase in net profit during the quarter under review, climbing to Rs 3.8 crore compared to Rs 3.5 crore the previous year, as per financial statements filed by the company.“Q1 FY26 marked a strong start to the year, with continued scale and meaningful product upgrades across our platforms. Our international business for the Uniware platform maintained its positive momentum and achieved…

Its raining money at Zepto, as the quick commerce unicorn closes a Rs 400 crore funding round from Motilal Oswal Financial Services. “Acquisition is a part of the treasury investment book, executed with the objective of generating sustainable, long-term returns,” stated Motilal Oswal in an exchange filing.This comes after the Aadit Palicha-led comapny raised $350 million in funding round led by Motilal Oswal’s Private Wealth division in November last year.Zepto’s November round also witnessed participation from Indian HNIs, along with family offices of the Taparias, Mankind Pharma, RP Sanjiv Goenka Group, Cello, Haldiram Snacks, Sekhsaria, and Kalyan, among others. The…

India is undergoing a quiet but profound transformation in how it gives. For decades, philanthropy here was synonymous with charity, a donation, a scholarship, a compliance-driven CSR grant. These acts, while important, often addressed symptoms rather than root causes. They offered relief, not redesign. But that is changing. A new generation of Indian philanthropists and changemakers is asking deeper questions: What does it take to solve problems at scale? What will outlast us?This marks a pivotal evolution, from one-time charitable actions to structured, systemic philanthropy. It reflects a more mature philanthropic culture that recognises India’s biggest challenges cannot be solved…

Hello,Nykaa’s bet on beauty just hit the jackpot. FSN E-Commerce Ventures Ltd, the parent company for Nykaa, has reported a 79% growth in consolidated net profit for the first quarter of FY26, helped by strong demand in its beauty and personal care segment.The company’s strategy of betting on the strength of House of Nykaa has paid off in its first quarter results. The increasing attention towards skincare hasn’t gone unnoticed either, with the company also acquiring the remaing 40% stake in wellness brand Nudge for a consideration of Rs 14.26 lakh.While we’re on the subject, Honasa Consumer, the parent of personal care…

Electric two-wheeler manufacturer Ather Energy has achieved a milestone by establishing over 430 fast charging points in Tamil Nadu, aimed at promoting EV adoption through convenient charging access to customers.The company has set up the Ather Grid fast charging points across 38 cities of the state. Besides, Light Electric Combined Charging System (LECCS) have also been established in 50 places. The LECCS facility developed by Ather, is open for industry-wide adoption and allows different brands of light electric vehicles to use the same charging facilities.Ather Energy Chief Business Officer Ravneet Singh Phokela said Tamil Nadu has been one of the…

Honasa Consumer Ltd, the parent of personal care brands Mamaearth, The Derma Co, and BBlunt, posted a modest rise in earnings for the first quarter of FY26, with revenue from operations climbing 7.6% year-on-year to Rs 595.25 crore from Rs 553.26 crore a year earlier.Net profit for the April–June period came in at Rs 41.33 crore, up 2.7% from Rs 40.26 crore in the same quarter last year, according to the company’s consolidated financial results. Earnings per share edged up to Rs 1.27 from Rs 1.24.Total income rose to Rs 619.14 crore from Rs 571.29 crore in Q1 FY25, reflecting…

The government has recognised more than 1.8 lakh firms as startups as on June 30, 2025, Parliament was informed on Tuesday.The recognised startups are eligible for a number of fiscal incentives, including income tax benefit announced under Startup India action plan.”Since the launch of the Startup India initiative, number of entities recognised as startups by Department for Promotion of Industry and Internal Trade (DPIIT) has increased from around 500 in 2016 to 1,80,683 as on 30th June 2025,” Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.Under Startup India initiative, the…

Liv Schreiber, 28, was a recent college graduate working in New York City, building businesses and a social media following, when she noticed that a lot of content in her orbit centered on “keeping up with the Joneses” and summers spent with “slick-back buns” in the Hamptons. “I was like, You know, I really just wish I could jump in the lake and wear no makeup and go back to sleepaway camp,” Schreiber tells Entrepreneur.Image Credit: Courtesy of Camp Social. Liv Schreiber.Schreiber was well-positioned to bring her idea to life. In 2019, she launched Brand Caffeine, a digital marketing agency,…