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Fashion quick commerce startup ZILO has raised $15.3 Mn (about INR 140 Cr) in its Series A funding round led…

When you're sick, going to a pharmacy, waiting in line, and potentially finding out they don't have your medication can be a difficult experience....

Good Monk, the flagship brand of Superfoods Valley, is a Bengaluru based start-up, that is founded with a mission to make nutrition a daily...

Material Depot, a curated home interiors materials platform for modern Indian homes, has raised $10 million in a Series A round co-led by Accel...

Fashion quick-commerce startup ZILO has raised $15.3 million (about Rs 140 crore) in a Series A funding round led by Peak XV Partners as the company looks to expand to new markets. Peak XV Partners invested $8 million in the round, while existing investors InfoEdge Ventures and Chiratae Ventures each added $2.5 million. The round also saw participation from Alteria Capital, Stride Ventures, and several angel investors, including Lalit Keshre, Kunal Shah, Sachin Oswal, Ayyappan R, Abhishek Bansal, Sreevathsa Prabhakar, and Preeta Sukhtankar.The funding will support expansion beyond Mumbai over the next year, the company said in a statement. ZILO also plans to invest in technology and customer experience capabilities.Founded by former Flipkart and Myntra executives Padmakumar Pal and Bhavik Jhaveri, Mumbai-based ZILO promises delivery within 60 minutes, besides features such as home trials and instant returns. The company works with more than 200 fashion brands and is building a vertically integrated operating model focused on speed and assortment.Also ReadThe Whole Truth eyes public markets with new $51M Series D fundingThe fundraise follows ZILO’s partnership with celebrity stylist and fashion editor Anaita Shroff Adajania, who joined the company as style director and equity partner. The company said the collaboration is…  ​Read More​YourStory RSS Feed

In India’s premium alcobev market, consumption trends are no longer shaped solely by price points or bar menus. Increasingly, they are driven by travel, pop culture, and global exposure. For Monika Alcobev, an importer and distributor of premium alcohol brands, this cultural shift is its growth strategy.Two of Monika Alcobev’s recent additions—Korean soju ‘Jinro’ and Spanish liqueur ‘Licor 43’, offer a clear view into how the company thinks about growth. Neither brand is positioned merely as a new SKU; both are anchored in broader cultural movements already playing out in India.Licor 43 “We are India's top importers catering to independent brands from across the world, serving as a platform for sales, marketing, and distribution in India,” says Kunal Patel, Managing Director, Monika Alcobev. “We want to maintain that position and get as far as we can go in the coming future.”The Mumbai-based brand today sits at the intersection of global culture and Indian aspiration. For Patel, the way forward is clear—anticipate cultural shifts early, build scale, and ensure that when the Indian palate evolves, the required brands are already on the shelves. Culture before categoryIts latest launch, Licor 43, taps into the country’s growing coffee and cocktail culture. “There’s a signature drink…  ​Read More​YourStory RSS Feed

 ​Licensed entities to apply for approval of changes in partnership related to agricultural product businesses. Applicants can submit revised partnership details online. The process...

Qualcomm, one of the world’s leading suppliers of smartphone and wireless chips, warned investors that its second-quarter revenue and profits would fall short of market expectations, directly blaming an ongoing global memory chip shortage for the weaker outlook. While the company reported stronger-than-expected results for its first fiscal quarter — with revenue growing and earnings per share beating forecasts — its guidance for the upcoming quarter disappointed analysts. Qualcomm projected revenue between $10.2 billion and $11.0 billion and adjusted earnings of $2.45 to $2.65 per share, both below full-year Wall Street estimates. Memory Shortage Hits Smartphone Supply Chains The shortfall comes amid a structural memory chip shortage that has increasingly affected the global tech supply chain. Memory chips — essential components in smartphones, PCs and many consumer electronics products — have seen shortages driven by supply reallocations to high-margin AI and data-centre markets and broader production constraints. Qualcomm’s CEO acknowledged that the company’s smartphone customers — particularly original equipment manufacturers (OEMs) in China — have been reducing inventory and slowing orders because they cannot secure enough memory chips to build finished devices. This has directly impacted demand for Qualcomm’s mobile processors. Industry analysts also warn that tight memory supply and…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Like a tide guided by unseen moons, inflation’s math nudges salaries upward once again. DA Set to Rise as Inflation Index Holds Firm Central government employees and pensioners are likely to see a fresh boost in dearness allowance (DA), with a proposed hike of 5 percentage points, taking the total DA to 63 percent. This follows the Ministry of Labour and Employment’s decision to retain the All India Consumer Price Index for Industrial Workers (AICPI-IW) at 148.2 for December 2025. The AICPI-IW is the core metric used to adjust DA, ensuring that salaries and pensions keep pace with rising prices. “With the Centre keeping the AICPI-IW index unchanged at 148.2, the dearness allowance will be raised by 5 percent. This means the DA will be hiked 63 percent,” said Manjeet Singh Patel, president of the All India NPS Employees Federation. The revision is scheduled for January 2026 under the biannual DA cycle. Earlier, the government had raised DA from 54 percent to 58 percent in July 2025. As per established practice, the Centre is expected to formally implement the hike in March or April 2026, with arrears paid from January and reflected in April salaries. The calculation underpinning the hike…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

Mahindra’s newly launched XUV 7XO has quickly generated massive demand, resulting in substantial waiting periods across its variants. Priced between Rs 13.66 lakh and Rs 24.11 lakh, these are introductory prices applicable only for the first 40,000 customer deliveries. Mahindra began deliveries on 14th January, and customers who booked early are being notified if they qualify for the introductory pricing. With demand soaring, the waiting periods for the XUV 7XO have now been revealed, offering a clearer picture for prospective buyers. Mahindra’s XUV 7XO Sees Months-Long Delays Amid Overwhelming Bookings The XUV 7XO, much like its predecessor the XUV700, has received overwhelming interest. While Mahindra has not disclosed standalone booking numbers for the 7XO, it recently announced combined bookings of 93,689 units for the XUV 7XO and XEV 9S, amounting to more than Rs 20,500 crore in value. Unsurprisingly, this demand has translated into lengthy delivery timelines. According to dealer reports, the entry-level AX variant has the highest waiting period—up to 12 months for both petrol and diesel. This extended delay is likely driven by strong demand, especially since the base variant offers a rich feature package, including Coast-to-Coast triple 12.3-inch HD screens, Adrenox connectivity, smartwatch sync, Alexa with ChatGPT,…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups