YourStory India

Zerodha is set to enter India’s investment banking business after receiving approval from the Securities and Exchange Board of India for a Category-I merchant banking licence.The move will take the brokerage beyond its traditional role of executing trades for investors and into advising companies on raising capital, giving it a new avenue for growth as the stockbroking industry adjusts to regulatory and competitive pressures.Zerodha Corporate Advisors had applied to SEBI for the licence on April

Zerodha founder Nithin Kamath says India’s primary market remains “red hot” even as the broader equity market struggles for momentum, with IPOs, Offer for Sale (OFS), and Follow-on Public Offers (FPOs) drawing strong investor interest.In a LinkedIn post, Kamath said the amount raised through the primary market this year is already on track to match or exceed the levels seen in the previous two years. A strong pipeline of companies preparing to go public could further add to the momentum. “While

Another glass ceiling has been broken at the Indian Air Force as EVs continue to create waves, YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, September 2, 2026.Featured newsShakti Sharma makes history as first woman appointed Air Vice MarshalIn a historic milestone for the Indian Air Force, Air Vice Marshal Shakti Sharma has become the first woman officer (non-medical) in the country's armed forces to attain the rank of a

IPO-bound electric two-wheeler maker Simple Energy is in "works" with a large fundraise to secure funds as it looks for more capital for enhancing production capacity and in supply chain, company's Founder and CEO, Suhas Rajkumar has said."We are in the works with a very large fundraiser," Rajkumar told PTI on the sidelines of the launch of its first family The Simple Wave.Declining to give the quantum of funds the company was looking at, he said, "it is not just the product that is going to sca

India's ecommerce sector is projected to grow nearly three times to $345 billion by 2030 from $125 billion in 2024, propelled by the rapid expansion of quick commerce and artificial intelligence (AI) integration, according to a report released on Wednesday.According to the report titled 'Smart Growth in a Fast Market' by research consultancy Infisum, the market is expected to grow at a compound annual growth rate (CAGR) of 18.4% through 2030.The report highlights that the country's dark store ne

The statistics ministry on Wednesday defended the methodology behind its newly released economic growth estimates, saying revisions to last year's GDP and the divergence between different price measures reflect updated data and estimation techniques rather than an attempt to artificially boost headline growth.The clarification came two days after the government released an updated series of annual and quarterly GDP estimates with 2022-23 as the base year, incorporating a new Producer Price Index

Fintech platform Pine Labs has announced the appointment of Jayaram Karthik as its Chief Operations Officer. In this role, Jayaram will lead operations and merchant experiences across India and International markets, building technology-enabled operating models.A statement from the company said the appointment comes as Pine Labs strengthens its operational capabilities to support the next phase of growth.Karthik brings over 25 years of experience across operations, risk, analytics and technology

Happiness is often treated as something that arrives when life finally becomes perfect. We imagine that more money, fewer problems, greater success, or better circumstances will automatically make us happier. The Book of Joy, written by Douglas Abrams and based on conversations between the Dalai Lama and Archbishop Desmond Tutu, offers a very different perspective.The book explores how joy can exist alongside suffering, uncertainty, and disappointment. Instead of waiting for life to become easie

Technology professionals with artificial intelligence (AI) skills are recording a 12% year-on-year rise in salary while those associated with traditional roles have either seen a stagnation or a decline, according to a study by jobs and career platform foundit. After AI, the next segment that has consistently witnessed an increase in salaries are computer & network security and semiconductors at 9%, according to foundit Insights Tracker (fit).Over the last two years, the divide has become sh

For a small business, getting a customer to discover a product is only half the battle. The harder part is getting a first-time customer to trust the business enough to pay.A customer may click on an ad, browse a product, and reach checkout, but a young or unfamiliar brand still has to close a trust gap before that interest becomes a transaction. For emerging digital businesses, the payment experience becomes part of the customer experience itself.In a recent conversation with YourStory, Akash S

India's ecommerce boom has transformed logistics from a backend function into a business differentiator. As D2C brands and MSMEs expand beyond their home markets, supply chains now influence everything from customer experience and inventory management to working capital and international growth.Speaking with Shubhangi Mishra, Senior Creative Lead at YourStory, Dibyanshu Tripathi, Co-founder and CEO of Hexalog, reflects on how this shift has reshaped logistics over the past decade. He also explai

Ahead of the festive season, Amazon India said it has created more than 160,000 seasonal work opportunities across its pan-India operations network supporting its ecommerce and quick commerce businesses.According to the company, the opportunities include direct and indirect roles across 400 cities, spanning major metros as well as Tier II and Tier III cities such as Varanasi, Kochi, Jalandhar, Ghaziabad, Ranchi, Salem, and Gorakhpur.Amazon said the roles will also provide opportunities for thous

Starting your first job is an important financial milestone, and opening a savings account is often one of the first steps towards managing your income effectively.Today's digital banking services now allow eligible applicants to complete the account opening process online with minimal paperwork and secure verification. However, before beginning the process, first-time earners should evaluate several important factors to ensure they select a savings account that supports their current and future

Dear Reader,upGrad has wrapped up the acquisition of Unacademy for a little over $200 million. The deal almost did not happen. The two companies failed to agree on a valuation early this year. After months of negotiations, the acquisition is now complete, bringing together two major edtech businesses in the country. The final deal value is more than 90% lower than Unacademy’s peak valuation of $3.4 billion in 2021. The steep reset reflects how investor expectations for consumer edtech

Leading OTT platform JioHotstar has announced its entry into the international markets of United Kingdom, Canada and Singapore as it looks to connect with the South Asian diaspora and expand its global reach.A statement from JioHotstar, said it would offer more than 160k hours of content across 12+ languages featuring multiple genres, personalised recommendations, and flexible subscription options, among others.The offerings of JioHotsar will span across television, films, regional programming,

In the heart of Bhubaneswar, the institution that has housed the Governor of Odisha since 1960 has earned a distinction no comparable campus in India holds. Lok Bhavan, renamed from Raj Bhavan in December 2025, is now the country's first Lok Bhavan to receive IGBC Platinum green certification, and the first campus anywhere in India to reach Platinum under the stricter Green Campus v1 rating system introduced in July 2024.The final score was 88 out of 100, inside the Platinum band of 80 to 100 an

From Ashwini Vaishnaw highlighting 20-year vision for India’s semicon industry to upGrad wrapping up Unacademy acquisition at $200 million, YourStory brings you today’s headlines with the latest developments across sectors.Featured storiesHow Magron is building ‘Generation 2’ of electric vehiclesThe Indian electric two-wheeler market has largely been driven by scooters. But Bengaluru-based Mobility Aggregation Global Research Organisation (Magron) is betting on electric motorcycles.Founded in 20

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited (RIL), has entered the ice cream market with products starting at Rs 10.The company’s ice cream brand, Bombay Creamery, will offer a range of products based on its stated proposition of “global quality at an affordable price”.The range will include cones, cups, tubs, bars, and sticks. Bombay Creamery products are currently available in Western India, with RCPL planning a pan-India rollout soon.“We built Bombay

Khadim Batti, the co-founder and CEO of SaaS company Whatfix, passed away earlier today due to a cardiac arrest.A statement from Whatfix said, "It is with deep sorrow that we confirm the unexpected passing of our beloved co-founder and CEO, Khadim Batti, who suffered a sudden cardiac arrest today. The company requests the media and the public to respect the privacy of Khadim’s family during this difficult time."Batti co-founded Whatfix with Vara Kumar in 2014 in Bengaluru. The company is a digit

The Unacademy-upGrad acquisition may have closed in 2026 for $200 million, but Ronnie Screwvala said the story began six years earlier, when Gaurav Munjal walked into a meeting with an unusually bold proposal.Over lunch at Taj Lands End in Mumbai in 2020, Munjal approached Screwvala and Mayank Kumar about bringing Unacademy and upGrad together. His idea went further than a merger. Munjal wanted to run the combined company.Screwvala recalled the episode in a post marking the completion of the acq