TCR News Desk

Three petitions, one explosive allegation — the Supreme Court will hear pleas on July 13 demanding a CBI probe into alleged crores missing from Ram temple donations.

Delhi High Court conferred Senior Advocate status on 85 lawyers — including 11 women — at a landmark Full Court meeting on July 9, 2026, chaired by Chief Justice Devendra Kumar Upadhyaya.

Gurugram-based EV mobility platform Milo Drive has raised $2.4 Mn in a Seed round led by Caret Capital, with participation from Antler India, Alteria Capital, IAN Capital, Climate Angels, and Aureolis Capital. The funds will support EV adoption and formalise employment opportunities for India's driver workforce.

Bengaluru-based deeptech startup eNLife Research has raised ₹6 crore in a seed round led by Piper Serica VC Fund to develop an AI-powered blood biomarker platform for early detection of Alzheimer's disease. The capital will fund R&D expansion, clinical validation, and a push to make neurodegenerative diagnostics affordable across India.

Nazara Technologies has received NCLT approval to formally withdraw its Scheme of Amalgamation with wholly owned subsidiary Paper Boat Apps Private Limited, ending a planned full integration. Paper Boat Apps continues to operate as a wholly owned subsidiary of Nazara, with no change in ownership structure.

The Competition Commission of India has approved upGrad Education's acquisition of Unacademy parent Sorting Hat Technologies in a ₹2,055 crore all-stock deal — one of the largest consolidation moves in India's edtech sector. The transaction, structured as a 100% share-swap, will see Sorting Hat Technologies merge into upGrad Education.

Bengaluru-based functional hydration startup Hydron has closed a ₹20 Cr Growth Round and simultaneously acquired alkaline ionised water company Zoss Water, gaining 100% ownership to accelerate its position in India's preventive healthcare and functional hydration market.

Info Edge (India) has approved the acquisition of the remaining 45.36% stake in edtech platform Coding Ninjas for ₹39.91 Cr in an all-cash deal, making it a wholly owned subsidiary. The board approved the transaction on July 6, 2026, with the deal expected to close within 45 days.

Cult.fit has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an IPO comprising a ₹950 crore fresh issue and an Offer for Sale of up to 17.86 crore equity shares by existing shareholders. The Bengaluru-based fitness and wellness platform proposes to list on both BSE and NSE.

Stylework, the Gurugram-based flexible workspace and SaaS aggregation platform, has raised $1 million in the second close of its pre-Series B funding round, led by Auxano Capital, as publicly reported on 7 July 2026. The round also saw participation from marquee family offices, institutional investors, and HNIs.

Pune-based sustainable industrial packaging startup Econovus Packaging has raised ₹40 crore in a Pre-Series A round led by Rainmatter (Zerodha), with participation from Rockstud Capital. The capital will fuel the company's expansion into high-growth industrial sectors including automotive, defence, and clean energy.

Noida-based D2C footwear brand Fizzy Goblet has secured a strategic investment from actor Kareena Kapoor Khan, formalising a relationship that began organically in 2014. The investment amount has not been publicly disclosed.