@theceomagazine.bsky.socialQualcomm sold 57.13 lakh Shadowfax shares for Rs 157.28 crore, taking its sales across August and October to around Rs 341 crore. Shadowfax’s Q1 FY27 operating revenue rose 65% YoY to Rs 1,358 crore. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialNPCI deferred the MDR framework for select UPI transactions until after Diwali. The framework was due to start October 15; person-to-person transfers and merchant payments up to Rs 2,000 remain free. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialFundamentum Frontier Advisors secured Rs 3,000 crore for its growth-stage AI and deeptech strategy. It plans to invest Rs 100–200 crore each across 12–15 companies over the next two to three years. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialUrban Company will consider a fundraise on October 16. A report said it may seek Rs 2,000–2,500 crore through a QIP; the company has not disclosed the amount in its filing. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialFormer DealShare CEO Kamaldeep Singh has joined Indofast Energy as CEO. The Indian Oil Corporation-SUN Mobility joint venture operates in EV battery swapping and plans to expand its network. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialToothsi parent MakeO raised Rs 90 crore led by Singularity AMC. The company plans to expand its dental technology business in India and Southeast Asia and reports a network of around 1,100 partner dentists. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialSpill Games raised $10.5 million in a Series A led by Elevation Capital. The Bengaluru AI-led gaming studio will use the funds to scale games, expand its portfolio and strengthen technology and AI capabilities. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialStockGro parent AssetGro Fintech approved a fresh issue of up to Rs 536 crore for its proposed IPO. The OFS size, price band, valuation and listing timeline remain undisclosed. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialRevRag AI raised $2.5 million in a seed round co-led by Accion Ventures and Cedar Hill Capital. The Bengaluru startup builds multilingual AI agents for financial institutions and says it works with 45+ institutions. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialThinkMetal raised Rs 27 crore led by IAN Alpha Fund. Its precision metal manufacturing portfolio includes SistemT1, an additive manufacturing system using proprietary FuseX metal filament technology. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialHome-furnishing startup wudhomes raised Rs 2.5 crore in a pre-seed round led by AJVC. The Bengaluru startup has furnished over 200 homes and plans to invest in supply chain, technology and retail experience. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialNuSynth Technologies raised Rs 36.5 crore in a seed round co-led by Avaana Capital and Shastra VC. The Bengaluru startup is developing AI-led chemical synthesis processes.
theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialMesa School of Business raised Rs 110 crore in equity and debt, including Rs 85 crore in Series A funding and Rs 25 crore in venture debt. The company said the round values it at Rs 385 crore. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialKL Rahul-backed Boldfit raised over Rs 400 crore in a Series B round led by Bharat Value Fund. The sports brand plans to invest in nationwide retail expansion, product innovation and manufacturing. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialNazara founder Nitish Mittersain will step down as MD and become founder and non-executive director. Arun Agrawal will take over as CFO on October 16, while Mithun Sacheti becomes an executive director. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialInCred Capital named Abhinav Khanna CEO of Capital Markets and Abhimanyu Kalra MD and co-head of equities. It has also launched its US business under Arunava Das. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialQualcomm sold 57.13 lakh Shadowfax shares for Rs 157.28 crore, taking its sales across August and October to around Rs 341 crore. Shadowfax’s Q1 FY27 operating revenue rose 65% YoY to Rs 1,358 crore. theceo.in/newsletter #BusinessNews #TheCEOMagazine
@theceomagazine.bsky.socialZetwerk has set its IPO price band at Rs 143–151 and aims to raise around Rs 5,012 crore. The issue opens October 15 and closes October 19, with a Rs 2,830 crore fresh issue and an OFS of 14.45 crore shares.
@theceomagazine.bsky.socialAbhik Banerjee’s AI film Sitara won second place and a $200,000 prize at the Astana AI Film Festival. The festival received 8,067 entries from 125 countries.
@theceomagazine.bsky.socialJapan invested $5.71 billion in India in Q1 FY27, nearly 29% of total equity FDI inflows of $19.81 billion. The amount exceeded Japan’s investment in India for all of FY26.
