The brand unveils a rooted yet modern space designed to foster community, connection, and slow mornings—staying true to its experience-first approach
Drawing on 180 years of family-run coffee estate heritage, Coffee Mechanics—Bengaluru’s cherished homegrown brand—proudly unveils its flagship, experience-led outlet in Bellandur. More than just a café, this new venue reimagines Indian coffee in its purest and most immersive form, inviting guests to discover every nuance from bean to cup.
Thoughtfully nestled in one of Bengaluru’s most dynamic and fast-evolving neighbourhoods, the new Coffee Mechanics café in Bellandur is more than just a coffee destination—it’s a spatial experience. Designed as a living dialogue between architecture and atmosphere, the space is crafted to evoke pause, presence, and ritual. Every detail—from the earthy material palette to the interplay of shadow and natural light—invites guests to slow down and reconnect. Warm, grounded textures are brought to life with bold cherry red accents, while quiet nooks and sculpted seating areas invite lingering conversations and moments of contemplation. This flagship is a celebration of the brand’s nature-rooted, refined aesthetic—where elegance meets ease, and each corner tells a new story.
The menu celebrates simplicity layered with depth, guests can explore single-origin filter brews, cold brews, manual pour-overs, and signature house blends, all curated to spotlight the richness of Indian-grown coffee. Comfort-forward plates—like Turkish eggs, artisanal sandwiches, and reimagined Indian desserts, complement the beverage experience with flavour, nostalgia, and nuance.
While Coffee Mechanics is anchored in 180 years of coffee-growing tradition, its focus reaches beyond heritage—blending science and craft to create distinctive beverages and memorable experiences for its community.
Breaking new ground, Coffee Mechanics introduces:
Brew Tech: Featuring state-of-the-art cold brewing technology, Nitro coffees, and innovative infusion beverages that push the boundaries of coffee enjoyment.
Fun Flavours of Soft Serves: Playful creations designed for the community to enjoy.
In-house Bakery: Freshly baked breads, bagels, pastries, cakes, and pizzas—all made onsite, ensuring unmatched freshness.
Breakfast-forward Menu & Meal Bowls: Hearty meal bowls and a robust breakfast offering designed for every mood and moment.
A Platform for Experiences: A versatile space for coffee and culinary events, from estate storytelling sessions and guided cupping experiences to sensory evenings and creative gatherings.
Building on the success of Kana by Coffee Mechanics, their intimate café format known for quiet, tasting-led experiences, this Bellandur café offers an expansive canvas for community-building. From morning pour-overs and estate storytelling sessions to guided cupping experiences and sensory evenings, the brand is creating a platform that nurtures connection and cultural exchange.
At its core, Coffee Mechanics stands apart as one of India’s only fully vertically integrated coffee brands, overseeing every step from growing and processing to roasting and brewing. This direct estate-to-cup control ensures unmatched freshness, traceability, sustainability and authenticity in every cup served.
Coffee Mechanics Founders – Ganga Prabhakar and Pavan Hanbal
With our new flagship outlet, we are expanding on a dream that began with our first cafe – a dream to bring our plantations closer to people,” says Ms. Ganga Prabhakar, Founder. “This cafe is where the story deepens: where our estate-grown coffee, our heritage, and our heart come together in the city’s vibrant rhythm. It’s more than just our fourth location – it’s a significant step forward in our journey to create spaces that invite people to not just drink coffee, but to truly experience it. We’re humbled and thrilled to welcome more of the community into our world, one rooted in craft, connection, and culture. And we know this is still just the beginning.”
Co-Founder Mr. Pavan Hanbal, further adds, “We’ve always believed that great coffee is grown, not just brewed. With this space, we’re creating room for conversations, rituals, and relationships to form around something we’ve nurtured for generations —accompanied, of course, by great food that complements every cup. It’s our way of bringing Chikmagalur into the everyday lives of our guests—and we can’t wait to see where this journey leads.”
For suspected violations of the Foreign Direct Investment (FDI) regulations of INR 1,654.35 crore, the Enforcement Directorate (ED) has filed a complaint against Myntra, an Indian fashion e-commerce company, as well as its affiliated businesses and directors.
According to the probe agency’s statement, the case was filed in its Bengaluru Zonal Office based on reliable information indicating that Myntra Designs Pvt. Ltd. and its affiliated companies were violating India’s FDI policy by engaging in Multi-Brand Retail Trading (MBRT) while posing as “Wholesale Cash & Carry” businesses.
The Alleged FDI Violation Explained
According to investigations, Myntra was given FDI totalling INR 1,654.35 crore under the guise of running a wholesale company. However, it was discovered that a sizable amount of the merchandise was sold only to M/s Vector E-Commerce Pvt. Ltd., a subsidiary of the same business group, who subsequently marketed the merchandise to final customers.
According to the ED, this structure was purposefully designed to divide direct business-to-consumer (B2C) transactions into a business-to-business (B2B) agreement between Vector and Myntra and then a business-to-consumer (B2C) model between Vector and the retail customers. As per the agency, this essentially got around the FDI regulations’ limitations on multi-brand retail.
FEMA and FDI Policy Breaches Detailed
Additionally, enterprises using the wholesale model are only allowed to sell up to 25% of their goods to linked group companies under the FDI policy changes of April 1, 2010, and October 1, 2010. But according to the ED, Myntra exceeded this cap by giving Vector E-Commerce 100% of its sales.
Myntra Designs Pvt. Ltd. and others were found to have breached section 6(3)(b) of FEMA, 1999, as well as pertinent laws of the Consolidated FDI Policy, according to the inquiry agency’s findings.
ED’s Complaint and Legal Grounds
A complaint has now been filed under Section 16(3) of FEMA for additional legal action in light of these findings, according to ED. Myntra did not respond to the situation right away. The case’s registration demonstrates the increased regulatory scrutiny of FDI norm compliance in the e-commerce industry.
Myntra’s Recent Financial Activity
This year, Myntra has been raising a lot of money from its parent company in Singapore. Myntra raised an additional INR 1,062 Cr from Singapore parent company FK Myntra Holdings in May, following a new capital infusion of INR 709 Cr from Flipkart in February.
In the highly competitive fashion e-commerce sector, the fashion e-commerce company is currently seeking to increase its revenue streams. Myntra has started two costly business experiments in the last several months: Singapore became the first foreign market under Myntra Global when the business launched its e-commerce platform there in May.
Expansion Moves Amid Regulatory Heat
With 6.5 lakh Indians living in Singapore, the Flipkart-owned portal hopes to reach 12% to 15% of the population. With its new platform M-Now, the corporation has been experimenting with the delivery structure of rapid commerce. In June, Myntra brought M-Now online in Delhi and Mumbai after introducing the 10-minute delivery option in Bengaluru.
The largest IT services provider in India, Tata Consultancy Services (TCS), has stated that it is still dedicated to onboarding all experts who have been offered positions, despite several reports that experienced hires in various cities have been facing extended delays in their joining dates. TCS can confirm that, as usual, TCS is committed to honouring all offers we have made, whether they are to experienced professionals or freshmen, according to the company’s statement provided to People Matters.
What Led to the Onboarding Delays?
The company will onboard all of the people who have gotten an offer from TCS. The joining dates are chosen based on company need, and occasionally they are modified to accommodate our demands. In these situations, TCS stays in constant communication with each candidate and hopes they will soon join our team.
The clarification comes as professionals who claim to have resigned from their prior positions to join TCS, citing official offer letters and specific start dates, are becoming increasingly concerned. Many of these professionals were hired for lateral positions in Bengaluru, Hyderabad, Pune, Kolkata, Mumbai, and Delhi. Their experience ranged from two to eighteen years.
Candidates Share Frustrations Over Delayed Joining
Some applicants claim that because their names were not on the onboarding list, they were refused admission to TCS’s facilities on the day they were supposed to start working there. Others claim that after getting the first confirmation, the company’s HR personnel stopped communicating for a long time.
NITES Demands Government Intervention
The Nascent Information Technology Employees Senate (NITES) raised awareness of the problem and requested government action in a representation written to the Union Labour and Employment Ministry.
Hundreds of mid- to senior-level professionals have been impacted by the delays, the company claims, and many of them had already committed financially and personally based on their anticipated onboarding.
In order to promote the health of those impacted, NITES advised the ministry to ask TCS for a formal, time-bound onboarding strategy, provide reimbursement for the delay, and expand employee assistance programs.
TCS Clarifies: No Offers Have Been Withdrawn
Although TCS has not disclosed how many people are impacted, the company’s official stance underlines that no offers have been revoked. According to the organisation, it is common practice in the IT services industry to schedule onboarding according to business needs, particularly during times of fluctuating demand or client project modifications.
Large IT companies frequently use this kind of workforce planning flexibility, albeit entry-level employees usually bear the brunt of it. The recent developments are noteworthy due to the fact that they involve experienced lateral recruits, a significant number of whom left stable employment prior to the onboarding delay.
IT Sector Struggles with Global Demand Fluctuations
The incident occurs at a time when the Indian IT services sector is struggling with worldwide project delays, margin challenges, and irregular demand patterns. Many companies have paused hiring or adjusted their onboarding strategies, especially after hiring too many people during the 2021–2022 surge in demand for digital transformation.
Although employment offer letters may contain legally enforceable terms, most contain provisions that permit employers to postpone start dates in accordance with internal business needs, according to legal experts. However, trade organisations and impacted professionals contend that a lack of clarity on onboarding deadlines or extended silence can damage trust and cause significant personal pain.
Veranda Learning Solutions Limited (BSE: 543514 | NSE: VERANDA), a listed education company offering end-to-end learning solutions across the education value chain, has successfully completed its first-ever Qualified Institutional Placement (QIP), raising INR 357.42 crores through the issuance of 1,58,71,173 equity shares of face value INR 10 each.
The QIP witnessed strong participation from notable domestic and global institutional investors, including Authum Investment, Trust Mutual Fund, Resonance Opportunities Fund, Necta Bloom VCC, Saint Capital Fund, among many other long-only investors. The robust demand reflects broad endorsement of Veranda’s differentiated multi-vertical education model and its long-term growth strategy. Shareholder approval for the QIP was secured at the Extraordinary General Meeting held on June 10, 2025.
Systematix Corporate Services acted as the sole Book-Running Lead Manager for the transaction.
Suresh Kalpathi, Executive Director and Chairman of Veranda Learning Solutions, commented, “This QIP marks a pivotal step towards achieving financial agility and operational scale. A large portion of the proceeds will be used to deleverage our balance sheet, including repayment of the Ascertis Credit facility, significantly improving our debt profile. The remainder will be invested in strategic growth initiatives across our verticals, aimed at unlocking long-term shareholder value.”
Key Transaction Highlights:
Total Capital Raised: INR 357.42 crore
Shares Issued: 1,58,71,173 equity shares
Floor Price: INR 236.92 per share
Issue Price: INR 225.20 per share
Shareholder Approval: Secured on June 10, 2025
Use of Proceeds:
Debt Reduction (Primary Focus): Approximately ₹310 crore will be allocated to repay Non-Convertible Debentures (NCDs) issued to Ascertis Credit (Formerly Barings Private Equity Asia) in March and April 2024.
General Corporate Purposes: Funds will also be allocated to enhance technological infrastructure, invest in content development, payment of deferred consideration obligations and improve platform scalability.
Strategic & Financial Impact:
Improved Capital Structure: Meaningful reduction in debt load enables higher financial flexibility and strengthens the balance sheet ahead of the next growth cycle.
Strengthened Investor Base: The QIP has helped broaden the institutional investor base, setting the stage for improved stock liquidity and market visibility.
Safe Harbour:
This press release contains forward-looking statements based on the current beliefs, expectations, and assumptions of the management of Veranda Learning Solutions. Actual results may differ materially from those suggested in these statements due to various risks and uncertainties. The company undertakes no obligation to update such forward-looking statements unless required by applicable laws.
About Veranda Learning Solutions
Founded in 2018 by the Kalpathi AGS Group, Veranda Learning Solutions Limited has emerged as a prominent publicly listed education technology company with a presence across schools, test prep, study abroad, software upskilling, and higher education. Its differentiated pedagogy, multi-modal delivery, and commitment to student outcomes have driven rapid expansion across India. Veranda’s vision is to democratize high-quality education at scale using technology, robust academic frameworks, and outcome-driven models.
In order to facilitate easy cross-border money transfers and international payments, global payments company PayPal unveiled on July 23 ‘PayPal World’, an interoperability platform that links India’s Unified Payments Interface (UPI) with some of the biggest digital wallets worldwide.
How UPI Integration Benefits Indian Users?
The initiative’s five founding partners include PayPal, Venmo, Tenpay Global (Weixin Pay) of China, Mercado Pago of Latin America, and India’s NPCI International Payments Ltd (NIPL), the international division of the company that runs India’s UPI railroads. These platforms together account for about two billion users worldwide.
According to Ritesh Shukla, CEO and managing director of NIPL, UPI’s integration on PayPal World’s platform will be a major step in the company’s global expansion. It supports NIPL’s mission to increase the ease, security, and inclusivity of cross-border payments.
He went on to say that this partnership will make it easier for Indian users to send money overseas and give international companies and retailers access to a burgeoning UPI user base. In an effort to create what it describes as a first-of-its-kind payments ecosystem, PayPal has made India the focal point of its worldwide interoperability campaign.
Why This Move Matters for India’s Digital Economy?
PayPal claims that the platform is made to enable customers to send money internationally using their local wallets and currencies, purchase online, and make in-store payments without the need for extra integration from retailers. According to PayPal president and CEO Alex Chriss, transferring money across borders is a very complicated task, but the new platform will make it tremendously easy for around two billion customers and businesses.
Over time, PayPal thinks the reforms it is introducing today could truly transform the game. The usage of Indian apps like PhonePe, Paytm, and Google Pay overseas is still restricted, despite UPI’s progress towards worldwide development through bilateral partnerships with nations like Singapore, the United Arab Emirates, and France.
Real-World Use Cases for Indian Consumers
These apps usually only function in a few areas, and more recently, NPCI has restricted their global capability by, for example, banning QR-based “Share & Pay” for international UPI merchant transactions in April. PayPal World provides a platform-level integration to fill this gap.
Users will be able to access UPI via the PayPal interface, enabling international use immediately without the need for credit cards or additional remittance channels, rather than waiting for each UPI app to independently grow into new locations.
In describing a use scenario, the business stated that an Indian UPI user wishes to purchase a pair of sneakers from an American online retailer.
They will see the UPI button they are familiar with to finish the transaction when they click the PayPal button at checkout. Similarly, a PayPal user may use their PayPal app to scan a Weixin Pay QR code at a local café while visiting China.
A mutual fund is a kind of investment where you buy securities of a mixed set of companies to lower your risk. Mutual funds investments can be made in different forms such as Government bonds, corporate bonds, or debt funds. Mutual fund advisors mostly recommend having a diversified portfolio of different kinds of mutual funds. This ensures the goal of the investment is achieved and also the risk factor is controlled. Most of us know that mutual funds are good investment options but are not sure about how to invest.
Many people are confused about where can they invest a part of their salary. However, unlike traditional investors, they are comfortable with taking risks and want to build their own portfolios based on what they think of the market. To solve this problem, many startups have come up which makes it easy for users to buy and sell mutual funds easily with minimal risk. These Mutual Fund Startups also provide you with different analytics and help you decide which options will work best. In this article you will know all about mutual funds in India. So here we have compiled a list of all mutual fund startups with their features.
One of India’s fastest-growing asset management platforms was founded in the year 2012. Through Scripbox, one can invest in mutual funds in different categories varying from long-term, short-term, tax-saving, and emergency funds. It is safe and free of charge for investors but charges a certain amount to the mutual fund companies. You can withdraw your money at any point through Scripbox.
Emergency Fund helps you prepare for crisis or any emergency situation. Emergency Fund is at least 6 months of your living expenses.
FundsIndia was launched in the year 2009. It is said to be one of the friendliest platforms to invest money. It is free of cost for a lifetime and one can also consider help from an investment advisor. It is secure and one can manage investments for family too by adding the family members to the login ID. To date, FundsIndia has customers in over 2,000 cities across India and 66+ countries have invested over ₹9,700+ crores on its platform in Mutual Funds and Stocks.
Piggy
Mutual Fund Startup
Piggy
Founders
Ankush Singh, Kunal Sangwan and Nikhil Mantha
Founded
2016
Top Mutual Fund Startups in India – Piggy
Piggy claims to provide commission-free mutual fundsto its users. This startup also acts unbiased toward customers and provides the best investment options in mutual funds. It is transparent, open, and secure. One can make an investment using their app.
Groww believes in making investing accessible to everyone. By building simple products, it promises to provide simple investment options. Creating the right portfolio for individuals and providing assistance to achieve goals helps to invest more easily. Users can also make an investment using their Groww app.
Orowealth provides its customers with smart investing options. It promises to provide a dedicated advisor for deciding investment options at a much cheaper price as compared to others. It also has the feature of ORO assistance that provides intelligent and personal advice. Orowealth has raised around $2 million to date.
Fisdom
Mutual Fund Startup
Fisdom
Founders
Anand Dalmia, Ramganesh Iyer, Subramanya S V, Subramanya Venkat
Founded
2015
Top Mutual Fund Startups in India – Fisdom
Fisdom which is a wealth management startup in India helps in selecting the best mutual fund investment option from the pool. All the recommendations are done on the basis of intensive research. One can see their money round the clock and withdraw money with just a click. They do not charge any fees and one can get free financial advice from their wealth manager.
Jama
Mutual Fund Startup
Jama
Founders
Ram Kalyan Medury
Founded
2016
Top MF Companies in India -Jama
Jama believes in simplifying money and helping people grow their wealth. It applies a simple model by having no hidden fees, no commissions, and no high fees. Jama Wealth is India’s top SEBI RegisteredInvestmentAdvisory, for long-term investing in equity/portfolio/stocks to help with wealth creation & wealth management.
FundsInn provides the user with a problem-free investing experience. It is an AMFI-registered company that offers scientifically chosen portfolios to gain maximum returns. One can compare popular options and then decide. You can also choose a mutual fund portfolio on the basis of the goal you want to achieve.
RupeeVest
Mutual Fund Startup
RupeeVest
Founders
Varun Mundra, Mitul Daga, Mayank Mundra
Founded
2013
Top Mutual Fund Startups in India – RupeeVest
Rupeevest incorporates smart technology to provide hassle-free investing options to users. The portfolios are tailored for better returns. It charges zero fees to the user and is safe and secure.
MutualFundWala
Mutual Fund Startup
MutualFundWala
Founders
Shashikant Bahl (Principal CEO)
Founded
2005
Top Mutual Fund Startups in India – MutualFundWala
MutualFundWala is a Delhi-based company that provides mutual fund investment options through online as well as offline. They basically educate clients about Mutual Funds and understand client’s goals. They assign a relationship manager who then helps clients with additional purchases, changes in SIP, etc.
Wealthy
Mutual Fund Startup
Wealthy
Founders
Aditya Agarwal, Amit Mondal, Prashant Gupta, Somit Srivastava, Tarun Khera
Founded
2015
Top Mutual Fund Startups in India – Wealthy
Wealthy was launched in 2016 and has always worked to make investing easier and simpler for users. It boasts of paperless KYC, algorithm-driven fund selection, and rebalancing of mutual funds. Proper asset allocation and fund selection ensure a balance between risk and rewards. Though they don’t charge anything to invest money but take an annual fee which is 0.2% to 2.2% on the basis of the portfolio.
Nivesh
Mutual Fund Startup
Nivesh
Founders
Anurag Garg, Sridhar Srinivasan
Founded
2016
Top Mutual Fund Startups in India – Nivesh
Nivesh promises to give users a paperless experience of investing in mutual funds. They partner with local businesses that help investors to perform transactions and track performance. Nivesh categorizes mutual funds into broader categories and then curates them as per the needs of the client.
Upraise
Mutual Fund Startup
Upraise
Founders
Varun Gupta
Founded
2016
Top Mutual Fund Startups in India – Upraise
Upraise helps make an investment in mutual funds easier by providing paperless KYC, zero commission, and bank-grade security. One can view their investments 24/7 and withdraw them in just a click without any hassle.
Kuvera is one of the best online platforms to invest in India that helps the user in fund selection, goal planning, tax planning, and rebalancing. It claims to be a truly free investment platform that neither charges from users nor from mutual fund companies. One can invest to achieve goals, save tax, or beat inflation. One more benefit is with one account, you can create investment options for family and relatives as well and also joint accounts.
Invezta believes that healthy investing is everyone’s right. They claim themselves to be pro-investor. They provide users with unbiased portfolio advice that would help them reach goals and get maximum returns. They charge investors with a subscription fee quarter-wise.
ET Money
Mutual Fund Startup
ET Money
Founders
Mukesh P Kalra
Founded
2015
Top Mutual Fund India – ET Money
ETMONEY App, from the house of the Times Of India Group, is a fully integrated mobile platform offering products across all sections of a user’s financial life like Direct Mutual Fund, SIP Investment, ELSS Tax Saving Schemes, NPS, Health Insurance, etc. From managing expenses to tracking your investments, from generating extra income through investments to saving money in taxes, from investing in Smart Solutions to borrowing money during the cash crunch, ETMONEY is a one-stop-shop for all financial needs.
The platform also offers personal finance strategies after taking into consideration your financial goals and your duties. The app also offers solutions for tax savings for free which will help you save up to INR 46,800.
Through this platform, you can also get access to various financial products such as insurance policies, direct mutual fund investments through SIP’s, Instant loans, etc. The app also lets you transfer money into the platform through various UPI payment apps such as Google Pay, PhonePe, Paytm, etc.
The Mutual Fund investments through the app are free of cost. The application is available for both Android and IOS users.
Miles Wealth
Mutual Fund Startup
Miles Wealth
Founders
Bhavin Shah
Founded
2016
Top Mutual Fund Startups in India – Miles Wealth
Miles Wealth is one of the promising mutual fund startups in India, offering a digital-first approach to wealth management. Founded by Bhavin Shah in 2016, the platform provides personalized investment advisory and mutual fund distribution services. It focuses on helping investors build long-term wealth through curated portfolios, financial planning, and SIP recommendations. With a customer-centric model and strong research backing, Miles Wealth is gaining popularity among retail investors. Its mission is to simplify investing for Indians by combining technology with expert advice.
So, this was a list of major mutual fund startup companies in India. Hope this list helps you to have an idea of which platform you can use to invest in mutual funds in India. With a myriad of mutual fund startups to choose from, one can easily invest through a firm that they believe can help them realize their goals. Since mutual fund investments have now become transparent, one can easily manage the various portfolios on their own. One needs to study the market risks involved before investing.
FAQs
What is Mutual Fund?
A mutual fund is a pool of money collected from many investors to invest in stocks, bonds, or other assets, managed by professionals.
How much does it cost to start a mutual fund?
Estimates for initial setup costs alter from $25,000 to upwards of $100,000, depending on the nature of your mutual fund and who sets it up. The costs on an ongoing basis can make it difficult for new mutual funds to turn a profit.
Will mutual funds make you rich?
It’s good enough to help you achieve your monetary goals and at some point become financially independent which in itself is a great thing but if you want to become really rich, just investing in Mutual Funds is not going to make it happen. But investing in stocks is also not going to do it.
Do mutual funds cost money?
Every company that manages a mutual fund charges an annual fee – generally 0.5% to 2.5% of assets – as well as several other expenses. In addition, some funds slap you with a sales charge over and above those fees.
How does the Groww app work?
Groww lets its users invest in mutual funds, including systematic investment planning (SIP) and equity-linked savings. Available on Android, iOS, and the web, it offers more than 5,000 mutual funds, which can be invested in directly from its Groww app.
How many mutual funds are there in India?
As of 2025, there are 44 mutual fund companies in India, offering over 2,500 mutual fund schemes.
Which is the best platform for mutual fund distributors in India?
Top platforms for mutual fund distributors in India are NSE NMF II, BSE Star MF, CAMS Wealth, MF Utilities (MFU), NJ India, and Fisdom. They offer easy onboarding, multi-AMC access, and commission tracking.
Deep-tech startup backed by RTP Global, Unicorn India Ventures, and Blume Founders Fund to build GenAI-powered cloud stack; hiring to scale across engineering and go-to-market functions.
Kluisz.ai, a deep tech, GenAI-powered cloud startup, today announced a $9.6 million seed round led by RTP Global, a global early-stage VC. The round also saw participation from Unicorn India Ventures, Blume Founders Fund, Climber Capital, and angels, including Ritesh Agarwal (OYO), Dr. Ritesh Malik (Innov8) and Aditya Virwani (Embassy Group).
Founded in 2025 by Abhinav Sinha (Former Global COO & CPO at OYO, ex BCG), Vamshidhar Reddy (Former Partner at McKinsey, ex-AMD), and Abhijeet Singh (Former VP of Cloud at Jio, ex-AT&T), Kluisz.ai builds a secure, scalable cloud for the AI era — developer-first, open, with zero-trust security, and full control across hybrid, on-prem, edge, and sovereign deployments.
The shift to hybrid cloud is accelerating. By 2027, Gartner estimates that 90% of enterprises will run workloads across hybrid cloud environments. Yet, most CIOs continue to face challenges with private cloud infrastructure —often due to limited automation, poor visibility, and complex manual processes.
With Kluisz.ai, teams can set performance, cost and compliance goals – and the platform intelligently deploys and manages the infrastructure. With an intuitive user experience, deep observability, embedded security, and AI-native orchestration, Kluisz.ai removes the manual complexity of managing cloud workloads in real time. The initial focus of this product is across banking and financial services, manufacturing, and organisations with extensive edge use cases.
The funding will be used to expand the engineering team in Bengaluru, accelerate product development, and support deployments with early customers.
“We’re reimagining the private cloud for the AI era—automated, intelligent and secure from day one. We are building the first intent-driven, AI-orchestrated cloud for the next decade of enterprise workloads where every layer—from silicon to software—is optimized for performance, policy, and security without manual intervention”, said Abhinav Sinha, Co-founder and CEO of Kluisz.ai.
“Abhinav, Vamshi and Abhijeet bring world-class experience and vision to this space. This is a team with deep technical experience and the product and market instinct to reimagine the private cloud in the AI era. We’re excited to back them”, said Madhur Makkar, Principal at RTP Global.
Bhaskar Majumdar, Managing Partner, Unicorn India Ventures, said, “Indian deep tech startups are breaking innovation barriers, and with the right capital support, the highly experienced founders that are launching their businesses will put India on the global deep tech map. Kluisz.ai is taking the enterprises in the direction of AI-led high-performance businesses. Their AI-deployed cloud management, which helps large teams to stay on top of the game while being secure and compliant, is a game-changing offering. At Unicorn India Ventures, it has been our thesis to back founders with such audacious goals.”
India’s electronics market is experiencing explosive growth, driven by advanced technology, rising disposable incomes, and an insatiable demand for the latest gadgets. From smartphones and wearables to smart home devices, consumers are embracing tech like never before, making this sector one of the most vibrant in the country. For ambitious entrepreneurs, electronics retail franchises offer a low-risk, high-reward entry into this booming industry. With established brand trust, scalable business models, and comprehensive support, franchising provides a faster and more secure route to profitability.
Here are the top 10 electronics retail franchises in India for 2025, brands that are changing the way Indians shop and experience technology.
Why Should You Invest in an Electronics Store Franchise in India?
Electronics have become a necessity rather than a luxury. There is no day without a smartphone, television, laptop, or kitchen appliances. Here are a few reasons why you should consider this segment:
Huge Market Potential: India is the world’s second-largest smartphone market and a key hub for consumer electronics. According to Statista, the consumer electronics market is projected to grow at a CAGR of 6.9% from 2025 to 2030.
Rising Digital Penetration: With the government’s Digital India initiative and 5G rollout, more people are upgrading to smart devices, leading to higher sales of electronics.
Easy Finance & EMI Options: Brands and retailers now offer easy EMI options, no-cost financing, and attractive discounts, making electronics affordable for a larger customer base.
Franchise Model Reduces Risk: Instead of starting from scratch, partnering with a reputed electronics brand ensures brand trust, supplier support, and better margins.
5 Benefits of Owning an Electronics Store Franchise
Strong Brand Recognition – Customers trust established names like Croma, Reliance Digital, or Vijay Sales, which gives franchise owners an instant advantage. This credibility attracts footfall and reduces the need for huge local marketing efforts.
Marketing & Advertising Support – Most brands invest heavily in advertising campaigns and provide promotional support. Franchise owners benefit from national and digital campaigns without spending extra on brand-building.
Assured Supply Chain – Brands ensure the timely delivery of products, which means no inventory hassles for the franchisee. This minimizes stock shortages and ensures customers always find the latest products in-store.
Training & Operational Support – From store design to staff training, franchisors provide complete guidance. This helps even first-time entrepreneurs run the business professionally and efficiently.
High Demand, Year-Round Sales – Unlike seasonal businesses, electronics sales peak during festivals, sales events, and new product launches, ensuring steady revenue. With technology upgrades happening frequently, there’s always a reason for customers to shop.
Best 10 Profitable Electronics Store Franchise Businesses in India
Croma (Tata Group)
Franchise Investment
INR 2–3 Crore
Space Required
8,000 – 10,000 sq. ft.
USP
Wide portfolio of gadgets, appliances, and consumer electronics backed by strong Tata brand trust and omnichannel reach.
Croma – Best Profitable Electronics Store Franchise Businesses in India
Croma, powered by the Tata Group, is a pioneer in India’s organized electronics retail sector. It offers an extensive range of products, including smartphones, laptops, home appliances, and smart devices. Its strong brand reputation, festive offers, financing options, and omnichannel presence make it a preferred destination for consumers. For franchise partners, Croma ensures high trust value, strong backend support, and consistent customer demand.
Backed by Reliance Retail’s extensive supply chain and aggressive pricing.
Reliance Digital – Best Profitable Electronics Store Franchise Businesses in India
Reliance Digital dominates India’s electronics retail market with a wide network of stores offering gadgets, home appliances, and personal tech solutions. The brand leverages Reliance’s robust supply chain, competitive pricing strategies, and exclusive product deals to attract high customer footfall. With strong brand recall, omnichannel integration, and customer loyalty programs, Reliance Digital provides franchisees a profitable and future-ready retail model.
Orient Electric
Franchise Investment
INR 30–50 Lakh
Space Required
800 – 1,500 sq. ft.
USP
Strong product portfolio in energy-efficient appliances and brand legacy of over 60 years.
Orient Electric – Best Profitable Electronics Store Franchise Businesses in India
Orient Electric is a household name in India, known for its innovation in fans, lighting solutions, and home appliances. With growing demand for energy-efficient and stylish appliances, Orient Electric offers a great retail opportunity with strong brand support, a reliable supply chain, and nationwide marketing initiatives. Franchise partners also benefit from Orient’s aggressive expansion plans and strong dealer network support.
XElectron
Franchise Investment
INR 2–5 Lakh
Space Required
150 – 600 sq. ft.
USP
Affordable smart gadgets and projectors with a focus on modern lifestyle needs.
XElectron – Best Profitable Electronics Store Franchise Businesses in India
XElectron caters to tech-savvy customers with affordable projectors, smart devices, and innovative electronic solutions. With a booming demand for home entertainment and smart gadgets, the brand provides franchise partners a low-investment entry into the electronics retail space with promising margins. Its focus on budget-friendly innovation makes it popular among young and urban consumers.
Samsung Smart Café
Franchise Investment
INR 30–70 Lakh
Space Required
600–1200 sq. ft.
USP
Exclusive access to Samsung’s latest tech and strong customer loyalty.
Samsung Smart Café – Best Profitable Electronics Store Franchise Businesses in India
Samsung Smart Café is designed to offer a premium shopping experience for Samsung enthusiasts, showcasing the latest smartphones, tablets, wearables, and accessories. Backed by Samsung’s global reputation and robust product ecosystem, these stores guarantee steady footfall and repeat customers. Franchisees benefit from regular product launches and aggressive marketing campaigns by Samsung.
High-demand products including TVs, refrigerators, washing machines, and smart home solutions.
LG Electronics – Best Profitable Electronics Store Franchise Businesses in India
LG Electronics has earned customer trust with its innovative and energy-efficient home appliances. Franchise partners enjoy access to an extensive product line, a loyal customer base, and strong after-sales service support. Seasonal offers and financing schemes help boost store conversions and maintain consistent sales.
Kay Dee Electronics
Franchise Investment
INR 20–40 Lakh
Space Required
2,000 – 3,000 sq. ft.
USP
Multi-brand electronics retailer with strong presence across North India, offering top household and consumer electronic brands, competitive margins, and fine-tuned regional operations.
Kay Dee Electronics – Best Profitable Electronics Store Franchise Businesses in India
Kay Dee Electronics (operated by Kay Dee Audiovisions Pvt. Ltd.) is a trusted consumer electronics and appliance retail chain established in 1988. This multi-brand store stocks major global brands like LG, Samsung, Sony, Whirlpool, Panasonic, Daikin, Haier, Carrier, Voltas, IFB, Godrej, TCL, Vu, and more.
Sony Centre
Franchise Investment
INR 50 Lakh – 1 Crore
Space Required
500 – 1,000 sq. ft.
USP
Exclusive brand outlet for premium Sony products with strong brand recall and cutting-edge technology.
Sony Centre – Best Profitable Electronics Store Franchise Businesses in India
Sony Centre is the official retail chain for Sony products in India, offering a premium range of electronics, including Bravia TVs, audio systems, PlayStation consoles, cameras, and accessories. Known for its focus on innovation and superior customer experience, Sony Centre provides a brand-driven retail opportunity. Franchise partners benefit from Sony’s global reputation, strong product lineup, marketing support, and consistent demand from tech-savvy consumers.
Bajaj Electronics
Franchise Investment
INR 25–50 Crore
Space Required
2,000 – 3,000 sq. ft.
USP
Strong presence in India with a wide range of home appliances, electronics, and competitive pricing strategies.
Bajaj Electronics – Best Profitable Electronics Store Franchise Businesses in India
Bajaj Electronics is a well-established retail chain in the consumer electronics segment, particularly dominant in Telangana and Andhra Pradesh. The brand is known for offering an extensive selection of electronics, including TVs, refrigerators, washing machines, air conditioners, and kitchen appliances. With aggressive pricing, attractive EMI options, and strong regional brand loyalty, Bajaj Electronics ensures steady customer footfall.
Haier Experience Store
Franchise Investment
INR 30–70 Lakh
Space Required
Approximately 250 sq. ft. (compact retail outlet format)
USP
Exclusive showcase for Haier’s smart appliances and IoT‑based home solutions, delivering futuristic interactive displays and brand experience.
Haier Experience Stores – Best Profitable Electronics Store Franchise Businesses in India
Haier Experience Stores (also called Haier Experience Centres or Zones) are exclusive retail outlets conceptualized to present Haier’s latest innovations, refrigerators, washing machines, ACs, smart home appliances, and TVs, in immersive, lifestyle-oriented settings. These mini‑stores emphasize live product demos in smart kitchen, bedroom, and living room environments to enhance customer experience.
Conclusion
Electronics store franchises combine brand power, growing demand, and scalable business models, making them a lucrative choice for Indian entrepreneurs. With the right location, brand, and customer service, this business can yield impressive returns. Choosing a trusted brand with strong supply chain support and marketing assistance can significantly reduce risks and boost profitability.
What are the most profitable electronics store franchises in India?
The most profitable electronics store franchises in India are:
Croma (Tata Group)
Reliance Digital
Orient Electric
XElectron
Samsung Smart Café
LG Electronics
Kay Dee Electronics
Sony Centre
Bajaj Electronics
Haier Experience Store
Can I run an electronics store franchise in a small town or Tier-2 city?
Yes, you run an electronics store franchise in a small town or Tier-2 city.
What are the benefits of owning an electronics franchise over an independent store?
Owning a franchise ensures brand credibility, assured product supply, staff training, national marketing campaigns, and a proven business model—minimizing startup risks compared to independent ventures.
Is it necessary to have retail experience to run an electronics store franchise?
No prior retail experience is mandatory. Most electronics franchisors offer end-to-end operational training, staff hiring guidance, and store setup support to help first-time entrepreneurs succeed.
According to President Donald Trump, Japan, one of the US’s biggest trading partners, has agreed to a “massive” trade agreement with the US. According to Trump’s social media post, the idea would result in Japan investing $550 billion (£407 billion) in America and US imports from the Asian nation being subject to a 15% levy.
Key Highlights of the U.S.–Japan Agreement
He went on to say that Japan will allow American products, such as rice, trucks, vehicles, and some agricultural products, to enter its economy. Shigeru Ishiba, the prime minister of Japan, praised the announcement, stating that it was the lowest number among nations having trade surpluses with the US to date.
Tariff Reductions on US Autos and Agricultural Exports
At a White House event on July 22, Trump boasted that he had recently struck what he believes to be the biggest trade agreement ever with Japan. He went on to say that the squad had put in a lot of time and effort on it, and that Japan has its best personnel here. And it’s a fantastic bargain for all. “I constantly stress that it must be fantastic for everyone.
“It’s a fantastic deal,” Trump said. In an interview with reporters on July 23, Ishiba stated that the deal would reduce US car and part tariffs from 25% to 15%. “We were the first in the world to reduce tariffs on cars and auto parts without any quantity restrictions,” he stated. “The agreement does not include any reduction of tariffs on the Japanese side,” Ishiba stated.
Japan’s Billion Dollar Investment Commitment
Shigeto Nagai of Oxford Economics, a research firm, told BBC News that Japan’s “best compromise at this stage” is to lower its main tariff rate to 15%. The announcement’s mention of Japan’s planned investment in the US “will be a huge boost to restore the US, fitting in with Trump’s story of reviving US manufacturing with more jobs,” he continued.
Political Context in Japan Following the Deal
This month, Trump threatened to impose a 25% tariff on Japan’s exports to the United States unless a new trade agreement was reached by August 1. This was one percentage point higher than the 24% rate that was announced during his so-called Liberation Day on April 2.
Following global market turbulence, the April tariffs plan—which included levies on numerous US trading partners worldwide—was put on hold for ninety days. It gave the trade delegates from Tokyo more time to engage in talks with their Washington colleagues.
Market Reaction: Japan’s Stock Surge
The Nikkei 225, Japan’s benchmark stock index, rose more than 3% on 23 July in Tokyo, driven primarily by advances in shares of the country’s largest automakers, such as Toyota, Nissan, and Honda. The alleged agreement comes as Ishiba faces pressure to resign following the weekend elections that cost his Liberal Democratic Party (LDP) the majority in the nation’s upper house. Last year, the LDP lost its majority in Japan’s lower house, which has more influence.
To reward consumers for their everyday spending, SBI Card and PhonePe have launched a co-branded credit card. There are two varieties of the PhonePe SBI Card: SELECT BLACK and PURPLE.
SELECT BLACK vs PURPLE: What’s the Difference?
When making purchases using the PhonePe app, customers who use the SELECT BLACK card can receive up to 10% back in reward points, while other online retailers offer up to 5% back. Both the VISA and RuPay networks are used by the recently introduced cards.
Payments at a variety of UPI merchants are possible by linking RuPay cards to UPI. Tokenisation is a feature that VISA cards provide for safe online transactions. Spending on groceries, bills, reservations for trips, electricity, insurance fees, and other expenses can earn points with these cards.
How the Card Benefits Users?
A membership fee of INR 1,500 for SELECT BLACK and INR 500 for PURPLE is returned as PhonePe e-gift certificates with both cards’ variations. They also provide milestone trip vouchers: PURPLE cardholders earn INR 3,000 for spending INR 3 lakh yearly, while SELECT BLACK users receive an INR 5,000 vacation voucher for spending INR 5 lakh annually.
For SELECT BLACK customers, additional benefits include Priority Pass membership and access to domestic lounges. Additionally, a 1% fuel cost waiver is offered. Through the PhonePe app, customers may apply for the card and handle bill payments directly.
Dual Network Advantage: RuPay + VISA
The RuPay version of the card enables smooth transactions across millions of retailers by integrating with UPI. Tokenising VISA cards, on the other hand, can guarantee safe online use. Users’ security and flexibility are improved by this dual-network functionality.
Salila Pande, MD and CEO of SBI Card, expressed hope that the collaboration would boost digital payments and credit card usage in India. “The tie-up will help boost credit card usage and digital payments in India,” Pande said.
Strategic Goals Behind the Partnership
The goal of this partnership, according to PhonePe CEO Sameer Nigam, is to increase consumer access to formal credit. According to Nigam, the collaboration will facilitate the availability of formal loans. These cards will be made available via the PhonePe app in stages. By providing customers with more lucrative options for their regular expenses, this program supports initiatives to improve digital payment solutions in India.
Recent Developments at PhonePe
At a time when payment organisations are attempting to persuade the government to implement the Merchant Discount Rate on UPI transactions, PhonePe announced on July 15 that Shivnath Thukral, the former head of Meta India’s public policy division, would be joining the company as vice president for public policy and government affairs.
Zarin Daruwala, a seasoned veteran with more than thirty years of banking expertise, was named to the board of the fintech company in June after previously serving as CEO of Standard Chartered India and South Asia. In December 2022, PhonePe moved from Singapore to India with the goal of going public there. In its most recent private funding round, the corporation was valued at about $12 billion.
Sakshi Jadhav
