The Courtroom

The Supreme Court halted the arrest of Abhishek Banerjee's PA Sumit Roy in the Salboni land-grab case — days after the Calcutta High Court refused him anticipatory bail.

Nykaa (FSN E-Commerce Ventures) has approved the acquisition of a 51% stake in Mumbai-based D2C skincare brand Aminu Wellness Private Limited for a cash consideration of up to ₹32 crore. The deal adds a profitable, research-led brand to Nykaa's growing House of Brands portfolio.

Bengaluru-based home décor marketplace Vaaree has raised ₹65 crore in a Series A round co-led by Hero Enterprise and Cap Alpha Ventures. The capital will go towards expanding its fulfilment network and strengthening its AI-powered VibeCheck styling platform.

Gurugram-based AI personal assistance and concierge startup Hulp has raised $2.6 million in a seed round co-led by Sparrow Capital and BITKRAFT Ventures. The capital will fund AI workflow expansion and a push into new Indian cities.

Mumbai-based B2B fintech startup GetVantage has raised ₹63 Cr (~$6.6M) in a Series A1 round co-led by former RBL Bank MD Rajeev Ahuja and SanRaj Group. The capital will fund the company's transition into an AI-native Capital Gateway for Indian MSMEs.

Bengaluru-based agentic AI startup Kily has raised ₹30 Cr in a Seed round led by Sorin Investments, with participation from Razorpay and Wyser Capital. The capital will be deployed to strengthen product capabilities and accelerate adoption among consumer brands across India's digital commerce ecosystem.

Bengaluru-based defence and dual-use technology startup Zoppler Systems has raised ₹6.5 crore in a Seed round co-led by Finvolve and India Accelerator. The capital will be used to accelerate product development, field validation, and engineering expansion across defence and dual-use sectors.

Bengaluru-based C2C marketplace Vingo has raised ₹10 crore in a seed funding round led by IndiaQuotient, with participation from Inuka Capital and angel investor Rishabh Goel. The capital will go towards product development, trust infrastructure, user research, and targeted marketing.

Imarticus Learning has acquired Singapore's BELLS Institute of Higher Learning for an estimated ₹800 crore in its first international acquisition. The deal establishes Singapore as the company's regional hub for Southeast Asia and sets the stage for a proposed ₹1,000 crore IPO.

BSE-listed IIRM Holdings India has announced a ₹150 crore strategic capital raise through equity shares and fully convertible warrants, led by private equity firm Carpediem Capital and Category III AIF Sanshi Fund – I. The funds will support business expansion, strategic acquisitions, capital expenditure and working capital requirements.

KKR-backed supply chain and asset pooling firm LEAP India has filed its Red Herring Prospectus for a ₹2,480 crore IPO, set to open for public subscription on August 7, 2026. The issue comprises a ₹480 crore fresh issue and a ₹2,000 crore offer for sale, with shares to list on BSE and NSE.

Gurugram-based logistics unicorn Shiprocket is set to launch its ₹2,342 crore IPO within weeks at a reported valuation of ₹7,000 crore. The public issue comprises a ₹1,100 crore fresh issue and an OFS of up to ₹1,242.3 crore by founders and existing investors.