HiWiPay has secured IFSCA's in-principle approval to establish a Payment Service Provider in GIFT IFSC. The proposed entity will support cross-border payments, international collections, global payouts and related payment services, subject to regulatory approvals.
Magical Blends has entered the face wash segment with two cleansers and one exfoliating scrub formulated with up to 99% natural ingredients. The dermatologically tested range is designed for different skin types and skincare needs while maintaining vegan, fragrance-free, and colour-free formulations.
Randstad India has appointed Narayan Iyer as its new Managing Director and Chair of the India Management Council. He will lead the company's four business specializations while driving digital capabilities and future growth across India's talent solutions market.
AI shopping assistant startup Zave has secured ₹4.7 crore in a bridge funding round led by Inflection Point Ventures. The company plans to strengthen its AI platform, infrastructure and product capabilities while expanding its commerce intelligence platform that already serves over 500,000 users.
NOVA Control Tecnologix plans to invest over ₹100 crore in railway safety R&D, focusing on signalling, train protection, OT cybersecurity and digital railway technologies while exploring partnerships and acquisitions to strengthen innovation capabilities.
RouteMatic has partnered with Green SM to deploy electric vehicles across corporate transportation operations in India, aiming to support enterprise sustainability goals, fleet electrification, and workforce mobility through AI-powered transportation management and all-electric mobility solutions.
Cosmo Plastech has launched Freezer Grade PP Sheets designed for frozen food and cold-chain applications, offering durability, food safety and performance in low-temperature environments while supporting recyclable packaging requirements.
Inflection Point Ventures has expanded access to Y Combinator startup deal flow for Indian ultra-high-net-worth investors through IPV Ultra and announced its first investment from YC Winter 2026 cohort in AI-driven radar technology startup Congruent.
upGrad has appointed veteran finance executive Mukesh Mundra as Chief Financial Officer to strengthen financial strategy, governance, operational efficiency, and global expansion as the company focuses on sustainable growth and long-term scalability in the evolving edtech sector.
PhysicsWallah reported a 50% jump in Q4 FY26 revenue to Rs 919 crore while sharply reducing losses by 76%, reflecting stronger operational efficiency and sustained demand across online and offline competitive exam preparation businesses in India’s evolving edtech sector.
