Tag: #news

  • Prowrrap raise ₹4 crore seed round

    Prowrrap, a Delhi-based one-stop procurement platform for packaging materials, capex, warehouse assets, and turnkey projects, has raised ₹4 crore (₹40 million) in a pre-Series A seed round led by Calance Software Pvt Ltd and IIT Varanasi Alumni super angel investor Amit Govil. The company plans to raise its Series A round in the next 18–24 months to further accelerate growth.

    Founded by brothers Sagar K. Saxena, IIM Lucknow Alumni & Ex-Project Head at Swiggy, and Rishabh K. Saxena, IMT Ghaziabad Alumni & Ex-Procurement and International Procurement Head at Bira91, Prowrrap started operations in January 2024 and is simplifying supply chain operations for MSMEs and high-growth enterprises through a design-to-distribution procurement platform. The startup is already serving clients in Tier-1 cities and select Tier-2 markets and aims to expand to 25 cities by the next fiscal year.

    The fresh infusion of funds will be used to:

    • Strengthen technology capabilities for smarter procurement solutions
    • Scale distribution networks across India
    • Deepen focus on quick commerce, fresh and natural produce (FnV), e-commerce, and SMEs/MSMEs

    “Our vision is to transform & simplify the way businesses procure their packaging and operational assets,” said Sagar K. Saxena, Co-founder and CEO of Prowrrap. “This investment will help us enhance our technology, expand faster, and deliver unmatched efficiency to fast-growing enterprises.”

    “MSMEs and high-growth companies often face supply chain bottlenecks,” added Rishabh K. Saxena, Co-founder of Prowrrap. “Prowrrap solves this by providing a unified platform that ensures speed, quality, and cost efficiency in procurement.”

    Investor Amit Govil said, “Prowrrap is solving a fundamental challenge in the MSME and fast-commerce ecosystem—procurement efficiency. With the founders’ strong industry experience and clear vision, they are well-positioned to disrupt this space.”

    With this funding, Prowrrap continues to strengthen its position as a trusted provider of comprehensive B2B procurement and packaging solutions for sectors ranging from e-commerce to hospitality—offering seamless, efficient supply-chain management tailored to diverse industry needs. The company is now rapidly scaling its tech-driven procurement services ahead of its planned Series A round in the next 1.5 to 2 years. India’s packaging market alone is USD 101B today and headed to USD 170B by 2030, while global packaging tops USD 1.18T—alongside fast-growing adjacencies like warehouse automation (16%+ CAGR)—underscoring the scale Prowrrap is building for.

  • Daily Indian Funding Roundup & Key News – 8th September 2025: Flipspaces Raises $50 Mn, Trufrost & Butler Secures $7 Mn, Adani Group’s $60 Bn Investment & More

    India’s startup and business ecosystem witnessed a dynamic mix of funding activity, strategic investments, and market launches on 8th September 2025. From Flipspaces securing a major growth round to Venture Catalysts expanding its leadership capital, and from Adani Group’s massive $60 billion commitment to the power sector to a flurry of IPOs hitting the markets, the day reflected strong investor confidence and sectoral momentum. Here’s a snapshot of the key developments.

    Daily Indian Funding Roundup – 8th September 2025

    Company Amount Round Lead investor(s) Sector
    Flipspaces $50 Mn Expanded Series C CE-Invests (UAE); Panthera Growth Partners (Singapore); SMBC Asia Rising Fund (Japan) (with backing from Iron Pillar, Synergy Capital, Prashasta Seth) Interior design / Tech-enabled design
    Trufrost & Butler $7 Mn Growth funding Carpediem Capital Commercial refrigeration & foodservice equipment
    Accion Ventures $61.6 Mn Second early-stage fund Accion Ventures (Accion); commits 30% to Indian startups Fintech / Impact investing
    Venture Catalysts INR 150 Cr Primary & secondary round Ashish Kacholia & group; Authum Investments; Aishwarya Rai; Shahrukh Khan Family Office; others; existing backers include Ritesh Agarwal, Enam Securities, Srinath Ramakkrushnan Venture capital / Multi-stage platform

    Flipspaces raises $50 Mn in expanded Series C round

    Flipspaces, a tech-enabled interior design company, has raised $50 million in an expanded Series C round, with participation from CE-Invests (UAE), Panthera Growth Partners (Singapore), and SMBC Asia Rising Fund (Japan), along with existing backers Iron Pillar, Synergy Capital Partners, and Prashasta Seth. The round also facilitated an exit for early investor Carpe Diem. The fresh capital will fuel scaling in India, the U.S., and the UAE, deepen supply-chain integration, and enhance its proprietary AI-enabled tech stack, with strategic acquisitions under consideration.

    Trufrost & Butler raises $7 Mn from Carpediem Capital

    Trufrost & Butler, which provides commercial refrigeration and foodservice equipment, has raised $7 million in a growth funding round led by Carpediem Capital, a private equity fund specializing in consumer and services. The investment will be used to strengthen order fulfillment, expand service infrastructure, scale domestic manufacturing, and pursue international expansion.

    Accion closes $61.6 Mn Second Fund; commits 30 % to Indian startups

    Global impact investor Accion has closed its second early-stage fund at $61.6 million, under the Accion Ventures (formerly Venture Lab) initiative aimed at financial inclusion via fintech. The fund will allocate 30% of its capital to Indian startups, and plans to deploy across emerging markets in Africa, Asia, Latin America, and the U.S., targeting up to 30 new fintech investments.

    Venture Catalysts raises INR 150 Cr to launch new funds, expand leadership

    Venture Catalysts, a multi-stage investing platform, has raised INR 150 crore in a round comprising both primary and secondary transactions. The funds will be used to expand leadership, launch new funds, enhance AI-enabled technology for diligence and LP reporting, and scale into key global startup hubs.

    Key Business News for 8th September 2025

    RapidShyp launches Cargo to streamline B2B logistics

    Logistics tech startup RapidShyp has launched RapidShyp Cargo, a new service designed to streamline B2B logistics operations across India. The platform will offer businesses optimized cargo movement with technology-enabled tracking, faster turnaround times, and cost-efficient delivery solutions. The move expands RapidShyp’s offerings beyond e-commerce logistics, targeting manufacturing, wholesale, and SME segments.

    Adani Group to invest $60 Bn in India’s power sector

    The Adani Group has announced plans to invest $60 billion in India’s power sector, focusing on renewable energy, transmission infrastructure, and green hydrogen projects. The investment aligns with India’s goal of achieving net-zero emissions by 2070 and is expected to accelerate clean energy capacity, modernize power supply chains, and create large-scale employment opportunities.

    9 IPOs to open this week across multiple sectors

    India’s primary markets are set for a busy phase as nine IPOs are scheduled to open this week, spanning manufacturing, consumer, fintech, and infrastructure sectors. The offerings highlight investor appetite for diversified growth opportunities and are expected to mobilize significant retail and institutional participation. Analysts suggest this surge in IPO activity reflects strong market sentiment and robust economic fundamentals.


    Daily Indian Funding Roundup and Key News: 5th September 2025
    India’s startup and business ecosystem remained active on 5th September 2025, with significant funding developments and key corporate moves.


  • Ghazal Alagh Says Mental Barriers Are Killing More Startups Than Money

    Ghazal Alagh, co-founder of Mamaearth, TheDermaCo, Dr. Sheth’s, Aqualogica, and BBlunt, recently shared insights on LinkedIn about the real reason many startups never succeed.

    “The biggest graveyard for startup dreams isn’t failed businesses. It’s unstarted ones,” she wrote. Reflecting on her entrepreneurial journey, Alagh recalled meeting countless people with “amazing business ideas” that they had been perfecting for years, many of which remained unlaunched even after more than half a decade.

    The Failure Happens in Your Mind

    Alagh emphasised that startup failure often occurs before a business even starts.

    “The failure doesn’t happen when your startup runs out of money or loses customers. It happens in your mind, months or years before you ever take action,” she said.

    She outlined key mental barriers that prevent founders from turning ideas into reality.

    Mental Barriers That Kill Startup Dreams

    • Analysis Paralysis Disguised as Research: “You’ve read every business book, watched every Gary Vaynerchuk video, and can recite startup statistics by heart. But research becomes procrastination when it replaces action,” Alagh explained. She stressed that no amount of studying will teach you what one week of actually trying will.
    • Perfectionism Masquerading as Professionalism: Entrepreneurs often wait for flawless business plans, perfect websites, or bug-free products. Alagh noted, “Successful entrepreneurs are launching imperfect products and improving them based on real feedback, not theoretical scenarios.”
    • Waiting for the ‘Right Time’ That Doesn’t Exist: Many delay launching until conditions seem perfect—after a promotion, saving more money, or market stability. “The right time is a myth designed to keep you comfortable in your current situation forever,” she said.
    • Comparing Your Starting Point to Others’ Highlight Reel: It’s easy to assume you need the resources, team, or knowledge that successful entrepreneurs have today. “They started with none of that either,” Alagh reminded aspiring founders.

    Start Before You Feel Ready

    Alagh observed that most people who say they want to be entrepreneurs are seeking the outcome, freedom, wealth, and recognition, without embracing the daily grind, uncertainty, or sacrifice.

    “But the ones who succeed aren’t the smartest or most prepared. They’re the ones who start before they feel ready, learn by doing instead of planning, and treat failure as education rather than evidence they should quit,” she said.



    💡
    Her key advice: “Your startup doesn’t need to be perfect. It needs to be real. Stop planning the perfect business and start building an imperfect one. Your consumers will teach you everything anyway your business plan couldn’t.”

    Ghazal Alagh Success Story: Mamaearth Founder | Biography | Education
    Explore the inspiring journey of Ghazal Alagh, a visionary mompreneur redefining success. Join us in discovering how she seamlessly integrates mom and entrepreneur roles, leaving a lasting impact on the business world. Find out about Ghazal Alagh’s success story, including her early life, history, net worth, childhood, personal life, education, Information, achievements, and more.


  • PEP Brands Appoints Shashwat Jain as the Chief Commercial Officer

    Pep Brands, housing two of India’s fastest-growing D2C brands – mCaffeine and HYPHEN – has announced the appointment of Shashwat Jain as its Chief Commercial Officer. In this new role, Shashwat will be responsible for driving and strengthening P&L performance and unlocking cost optimisation opportunities for Pep Brands. 

    With 13-14 years of rich and diverse experience spanning analytics, marketplaces, food tech, consumer tech and gaming, Shashwat Jain has successfully paved a career at the intersection of data, technology, and business growth. His journey includes entrepreneurial stints in consumer tech and gaming, where he co-founded and scaled successful ventures such as Dangal Games and Poker Dangal. These ventures not only provided him with first-hand experience building businesses from the ground up but also honed his expertise in growth, customer acquisition, and product-led scaling. His background reflects a unique blend of analytical acumen, entrepreneurial mindset and leadership across dynamic, high-growth industries.

    In 2024, he joined Pep Brands as part of the CEO’s Office, working closely on strategy and execution at the leadership level. Now, as Chief Commercial Officer, Shashwat is responsible for driving bottom-line growth and full P&L ownership across categories, channels, and markets. His mandate spans building commercial strategy and ensuring profitability. With a focus on disciplined execution and a long-term vision, he is enabling Pep Brands to achieve sustainable business building.

    Tarun Sharma, Co-founder & CEO of Pep Brands, said, “Shashwat’s journey has always been about building and scaling businesses with a sharp eye on growth and profitability. He has consistently demonstrated a mix of hustle, strategic vision and disciplined execution. I’m confident that as the Chief Commercial Officer, he will play a pivotal role in making Pep Brands a highly profitable asset. At Pep, we celebrate entrepreneurial talent by giving them high-stake responsibilities to create legacy.”

    Shashwat Jain, Chief Commercial Officer at Pep Brands, added, “Stepping into the role of Chief Commercial Officer is an exciting new chapter in my journey. Having worked across diverse industries, I’ve always been driven by solving complex problems, uncovering growth opportunities, and building teams that create real impact. At Pep Brands, with mCaffeine and HYPHEN, I look forward to scaling two of India’s most dynamic D2C brands while setting new benchmarks for sustainable, consumer-first growth in the beauty and personal care space.”

    This appointment marks an exciting period for Pep Brands, where Shashwat will bring his invaluable experience from the CEO’s Office to his new role as the CCO and help steer the brand towards exponential growth.

    About PEP Brands

    PEP Brands is redefining India’s beauty and personal care landscape with a sharp focus on innovation, accessibility, and authenticity. Guided by 6P Framework of Product, Proposition, Pricing, Packaging, Platform and Promotion, PEP has built some of the country’s most disruptive brands available across 19,000 pincodes across India.

    • mCaffeine: India’s first and the largest caffeine-based personal care brand now a leader in the bodycare category with 100+ products and 25M+ units sold across platforms.
    • HYPHEN: Co-founded with Kriti Sanon, this high-performance skincare brand simplifies routines with multi-benefit products that merge science and nature and is setting a benchmark for operator-led, celebrity-anchored brands in India.

    Over the last decade, PEP has shaped its own cultural code, rooted in Hunger, Hustle, Honesty, Humility, and Humour. Together, its brands reflect a larger mission: to build the future of beauty and personal care, category-shaping, consumer-first, and culture-driven.

  • Misfits Raises Undisclosed Funding from Early Investors of Acko, Third Wave Coffee

    Misfits, India’s pioneering prebiotic soda brand, today announced the successful completion of its seed funding round, raising an undisclosed amount from a consortium of prominent investors. The round was led by Nu Ventures, seasoned angel investor Subba Rao Telidevara, Turiya Advisory Services’ Managing Bijoy Daga, and renowned corporate finance and strategic investment consultant Robert Pancras.

    Founded by brothers Aditya and Yash, Misfits has disrupted India’s beverage industry by introducing the country’s first prebiotic soda that combines bold taste with gut-friendly benefits. The brand’s flagship product contains zero added sugar and are low in calories, positioning itself as a healthier alternative to traditional carbonated drinks.

    The funding will be utilized to enhance production capabilities, expand distribution networks, and accelerate market penetration across India. Since its launch, Misfits has gained significant traction with consumers seeking functional beverages that deliver both taste and health benefits.

    We are thrilled to partner with investors who share our vision of revolutionizing India’s beverage landscape,” said Aditya Pai, Co-founder of Misfits. “This funding validates our mission to provide consumers with a guilt-free alternative to sugar-loaded sodas while supporting gut health through innovative prebiotic formulation.

    Yash Pai, Co-founder of Misfits, added, “The investment will enable us to scale our operations and introduce new flavors while maintaining our commitment to clean-label ingredients and functional benefits. We’re excited to build a brand that resonates with health-conscious consumers across India.

    The funding round reflects growing investor confidence in India’s functional beverage market, where consumers increasingly prioritize health benefits alongside taste preferences. Misfits’ unique positioning as India’s first prebiotic soda addresses this evolving consumer demand.

    Misfits represents exactly the kind of innovative brand that can transform traditional categories,” said Venk KrishnanFounder of Nu Ventures.

    The founders have identified a genuine market gap and developed a product that delivers authentic functional benefits while maintaining the taste profile consumers expect from carbonated beverages. Their approach to building a health-focused alternative in the soda category has tremendous potential for market disruption.” said Subba Rao Telidevara, angel investor and former industry executive.

    Misfits differentiates itself through plant-based ingredients, natural sweeteners, and zero preservatives, appealing to conscious consumers who value transparency and health benefits. The company’s clean-label approach includes providing third-party lab reports, enabling informed consumer decision-making and building trust in the functional beverage space.

    Founded by brothers Aditya and Yash, Misfits is India’s first prebiotic soda brand committed to providing healthier alternatives to traditional carbonated beverages. The Mumbai-based startup combines functional ingredients with bold flavors to create products that support digestive health while delivering the taste experience consumers expect from premium sodas. With its clean-label approach and innovative formulation, Misfits is redefining what fizzy drinks can be in the Indian market.

  • Red Sea Cable Damage Causes Major Internet Outages Across Asia and Middle East

    According to internet observer NetBlocks, damage to subsea cable infrastructure in the Red Sea caused extensive interruptions for internet users in India, Pakistan, and areas of the Middle East. The disruption has brought attention to how vulnerable the world’s digital infrastructure is, as it is mostly dependent on underwater cables for connectivity.

    Reuters claims that the outage’s effects extended beyond South Asia. Online service access issues were also observed by users in the United Arab Emirates, especially for those utilising the Etisalat and Du networks.

    NetBlocks verified the interruptions and linked the issue to cable infrastructure malfunctions close to Jeddah, Saudi Arabia.

    Possible Causes of Red Sea Cable Damage

    However, it is still unclear what or who damaged the subsea cables. Unintentional anchor drags, natural disasters, or, in rare instances, deliberate sabotage are frequently blamed for such outages. A sizable amount of the world’s internet traffic is carried by undersea fiber-optic cables, which are primarily concentrated in the Red Sea region.

    Authorities in the tiny, oil-rich country of Kuwait also reported that the FALCON GCX cable that crosses the Red Sea had been severed. A vital component of the worldwide internet infrastructure, submarine cables are susceptible to intentional attacks or ship anchors. It usually takes weeks to repair, and specialised vessels are needed to find and repair the damage.

    The disturbance occurs as Houthi rebels in Yemen continue their attacks connected to the conflict between Israel and Hamas. Although there has been increased conjecture regarding their involvement in attacking submerged infrastructure, the group has denied any prior accountability.

    Microsoft Diverted its Internet Traffic

    Microsoft, a multinational technology giant, said that one of the services impacted by the event was its cloud computing platform, Azure. Microsoft warned in a statement that “multiple undersea fibre cuts in the Red Sea” may result in greater latency for Azure users.

    According to Reuters, Microsoft has rerouted traffic via other routes outside of the Middle East in order to lessen the impact. The business explained that other international services are unaffected, even if internet traffic passing through the area can experience delays. According to Microsoft, the business does anticipate certain traffic that has previously passed through the Middle East to have higher delay. There is no effect on network traffic that does not pass through the Middle East.

    Since undersea cable systems are the foundation of international internet services, the event highlights growing worries about their security and upkeep. Businesses, cloud services, and individual users can all be impacted by outages in these networks, according to experts, which can spread across countries. Maintaining the reliability of these vital infrastructure systems is now more important than ever due to the growing reliance on cloud platforms like Amazon Web Services and Microsoft Azure.

    Quick Shots

    •India, Pakistan, UAE among most affected regions;
    UAE users of Etisalat and Du faced disruptions.

    •Outage traced to cable malfunctions near Jeddah,
    Saudi Arabia, says NetBlocks.

    •FALCON GCX cable in Kuwait confirmed severed,
    highlighting submarine cable vulnerabilities.

    Repairs are complex — require specialised vessels
    and weeks of work.

  • Copyright vs. AI: Anthropic to Pay $1.5B to Authors: The Biggest Copyright Settlement in the U.S.

    The advancement of AI is such a boon to humanity who are not authors or publishers. Copyright infringement cases have been on the rise since 2022. It is essential to know that AI is not magic. AI undergoes training, using the original work of experts to emulate these intellectual abilities (meaning they learn like us). Authors, Visual Artists, News Publishers, Music and Coders filed several cases against big giants like OpenAI, Meta, Stability AI, Microsoft, AI song generators Suno and Udio, GitHub Copilot, and more.

    And many creators tragically lost their cases. But, in Anthropic’s case, they had to make a huge sum ($1.5 billion + interest) as a settlement to authors. Interestingly, the largest copyright settlement in U.S. history. Does this mean there could be a shift in how AI companies are handling the original content or creators? And here’s everything you need to know.  

    What Is Happening With Anthropic?

    • In the Bartz, et al. v. Anthropic PBC case, Anthropic allegedly used the authors’ work for training its AI systems.
    • Now, Anthropic has agreed to settle the case (by paying the authors) for at least $1.5 billion + interest.
    • The payout for each author would be $3,000 per book/work. And it is said to be the largest copyright settlement in the U.S.

    Why Is Anthropic Paying These Authors?

    In August 2024, three renowned authors, Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson, accused Athropic of using pirated books to train their AI. The court favoured the authors and held Anthropic accountable for copyright infringement.

    In July 2025, a judge called for a class-action lawsuit. This means that U.S. authors whose books were allegedly pirated by Anthropic could be part of the case (and welcome to take their share). In short, not just these three authors, the court calls all the authors, as a group, to collectively fight against the company. 

    In August 2025, Anthropic came to a settlement instead of continuing the trial. 

    Aparna Sridhar, Anthropic’s deputy general counsel, told The Verge in a statement, “Today’s settlement, if approved, will resolve the plaintiffs’ remaining legacy claims. We remain committed to developing safe AI systems that help people and organizations extend their capabilities, advance scientific discovery, and solve complex problems.”

    Bartz, et al. v. Anthropic Pbc Case Settlement Details

    • The next hearing is on September 8, 2025, that’s when the court must approve the settlement.
    • About 500,000 (author) works are expected to be eligible for the payout.
    • In the event that more than 500,000 are filed, Anthropic shall pay $3,000 per work for those authors as well, meaning the payout can be larger than we initially learned.

    For the same, a special website, AnthropicCopyrightSettlement.com, has been set up.

    Here, authors can:

    • Give their contact details to lawyers.
    • Check if their work is on the settlement list.
    • Learn their rights to payment after the court approves. 
    Application form for authors who feel thier work was used by Anthropic

    Furthermore, Anthropic Must:

    • Anthropic shall destroy all pirated files and any copies it has.
    • This settlement only covers the actions of the past (August 25, 2025). However, the authors can still sue the company if a similar occurrence happens in the future.
    • The company can no longer use authors’ works for future AI training.

    Why Is This a Big Deal for Authors and Publishers?

    Well, this is the first time that an AI company is paying the authors for using their work. The past has only seen most of them losing their cases against tech giants. Notably, many AI companies are partnering with authors and organizations (by paying them) to train their AI systems. 

  • Meta’s $55/Hour Hunt for Storytellers to Shape ‘Desi’ Hindi Chatbots

    It’s a known fact that India is one of the largest markets for Meta. According to the Vice President at Meta – India and South East Asia, there are 700 million active users on Meta AI. About 6 million metro tickets are sold via WhatsApp every month, and much more. Therefore, to cater to such a huge user base, Meta is building AI chatbots (or digital characters) that talk with users in Hindi. Not only for India, but the project also includes other countries, such as Indonesia and Mexico. For the same, Meta is hiring contractors in the U.S. who can work on these language chatbots (Hindi, Spanish, Indonesian, or Portuguese). So, what does the hiring process look like? Learn more.

    Who Is Meta Hiring?

    • Basically, Meta is hiring temporary workers based in the U.S. on a contract basis.
    • The pay looks like $55 per hour (₹4,850).
    • The candidates who are proficient in local languages like Hindi (India), Indonesian, Spanish, or Portuguese.
    • Now, these hires will happen through staffing companies like Crystal Equation and Aquent Talent.

    The candidates must have 5 years of experience in:

    • Storytelling
    • Creating characters (video games or so)
    • Working with AI content systems (meaning designing prompts for AI) 

    What Is the Job Description?

    • Developing chatbot characters that can chat in local languages on Instagram, Messenger, and WhatsApp.
    • Training the chatbots to be culturally relevant, so the users naturally connect to the bots in India or specific countries (like Indonesia, Mexico, or more).
    • Collaboration with the regional team to shape the chatbot’s character, personality, and style.

    In short, think of it like a video game character that actually talks to real people.

    History of Meta’s AI Chatbots

    • Meta started it as a small experiment in 2023 with big celebrity chatbots like Kendall Jenner and Snoop Dogg. However, the experiment didn’t see much success or last that long.
    • In 2024, Meta introduced AI Studio, where users can create their own chatbots. Well, the tool received mixed reviews and raised several concerns (like Privacy and data handling).
    • And now Meta is all in to professionally make bots that engage users in India (and other countries), instead of leaving it all to users.

    Why Is Meta Building These Characters?

    Meta wants to make these characters local and enjoyable because it wants to sound like a local friend rather than some generic robot. According to the CEO of Meta, Mark Zuckerberg, chatbots could complement real-world friendships,” meaning digital companions. 

    Concerns and Controversies

    Meta’s chatbots in the past have misbehaved, raising concerns on a large scale, like:

    • Romantic or sexual conversations with minors (Facebook allows users with 13-year-olds to access the tool, and many fake their age to use any tool).
    • Misleading medical advice
    • Racist responses

    Potential Privacy Concerns: The professionals working on the project are Contractors. They’ll now access the chatbot conversations, see personal information (like names, phone numbers, emails, images shared with the bot, and more). So, it’s risky (in a way). 

    However, U.S. lawmakers are ensuring that stricter rules are imposed so that Meta can better handle any situation in the future. 

  • Trent Limited Launches Burnt Toast, a New Youth-Centric Fashion Brand in India

    The new youth-focused fashion brand “Burnt Toast” has been introduced by Trent Limited, the retail juggernaut of the Tata Group that owns Westside, Zudio, and Star. The first store, a 2,500-square-foot establishment intended to serve as a cultural centre for Gen Z and young millennials, opened its doors in Bengaluru earlier this month.

    Exploring Gujarat’s Market

    Trent’s latest fashion retail venture was a logical starting point because of the city’s reputation as a trend-forward, youth-driven market. Trent has now expanded Burnt Toast to Surat, setting up shop in Unity Corner, City Light, Gujarat, its first location in the state. As a hub for textiles and fashion, Surat expands the brand’s geographic reach beyond major cities and provides access to a youthful, fashion-forward customer base.

    Financial Dynamics of Trent

    Trent’s expansion is financially sound; its consolidated revenue for the first quarter of FY26 was INR 4,883 crore, with a profit before tax of INR 565 crore and an 11% EBIT margin. Without going overboard, this powerful performance offers the firepower to support novel ideas like Burnt Toast.

    Given that Zudio’s explosive development has already redefined inexpensive fashion, Burnt Toast is Trent’s attempt to enter a niche, youth-focused market. The company’s early boutiques in Bengaluru and Surat indicate that it is experimenting with a variety of areas, including tier-II fashion hubs and urban metro cultures.

    Quick Shots

    •First store (2,500 sq. ft) opened in Bengaluru,
    designed as a cultural hub for Gen Z & young millennials.

    •Trent expanded to Surat, Gujarat at Unity Corner,
    City Light — brand’s first store in the state.

    •Surat chosen for its strong textile & fashion
    ecosystem and young customer base.

    •Financials Q1 FY26: Revenue at INR 4,883 crore,
    Profit Before Tax INR 565 crore, EBIT margin 11%.

    •Strong financial performance gives firepower for
    new ventures like Burnt Toast.

    Zudio’s success in affordable fashion shows Trent’s
    capability to scale new concepts.

  • 9 IPOs Opening This Week: GMP Ranges from 0% to 107% – Full List of Issues

    Nine initial public offerings (IPOs) will be available for subscription on mainboard and SME platforms this week, making it a busy week for primary markets. Investor interest is booming, ranging from well-known brands like Urban Company to specialised firms in engineering, metallurgy, and retail. Some issues have a great hunger among GMPs, while others have not yet gained traction. Here is the quick look at the upcoming IPOs.

    Airfloa Rail Technology Ltd. IPO

    The subscription period for the Airfloa Rail Technology IPO begins on September 11, 2025, and ends on September 15, 2025. On September 16, 2025, the allocation for the Airfloa Rail Technology IPO is anticipated to be finalised. The proposed listing date for Airfloa Rail Technology’s initial public offering (IPO) is set for September 18, 2025, on the BSE SME. The pricing range for Airfloa Rail Technology’s first public offering is INR 133.00 to INR 140.00 per share. An application’s lot size is 1,000. Based on the highest price, a retail individual investor must invest a minimum of INR 2,80,000.00 (2,000 shares). HNI requires a minimum investment of INR 4,20,000, or three lots (3,000 shares).

    Shringar House of Mangalsutra

    The subscription period for the Shringar House of Mangalsutra IPO begins on September 10, 2025, and ends on September 12, 2025. On September 15, 2025, the allocation for the Shringar House of Mangalsutra IPO is anticipated to be finalised. The proposed listing date for the Shringar House of Mangalsutra IPO is set for September 17, 2025, and it will be listed on the BSE and NSE. The pricing range for the Shringar House of Mangalsutra initial public offering is INR 155.00 to INR 165.00 per share. An application’s lot size is 90. Based on the highest price, a retail investor must invest a minimum of INR 14,850 (90 shares).

    Dev Accelerator

    The subscription period for the Dev Accelerator IPO begins on September 10, 2025, and ends on September 12, 2025. On September 15, 2025, the Dev Accelerator IPO allocation is anticipated to be finalised. The tentative listing date for the Dev Accelerator IPO is set for September 17, 2025, and it will be listed on the BSE and NSE. The pricing range for the Dev Accelerator IPO is INR 56.00 to INR 61.00 per share. An application’s lot size is 235. Based on the highest price, a retail investor must invest a minimum of INR 14,335 (235 shares).

    Jay Ambe Supermarkets

    The proposed listing date for the Ambe Supermarkets IPO is set for September 17, 2025, on the BSE SME. The price range for Jay Ambe Supermarkets’ IPO is INR 74.00 to INR 78.00 per share. An application’s lot size is 1,600. Based on the highest price, a retail individual investor must invest a minimum of INR 2,49,600.00 (3,200 shares).

    The Urban Company

    On September 15, 2025, the allocation for the Urban Company IPO is anticipated to be finalised. The proposed listing date for the Urban Company IPO is set for September 17, 2025, and it will be listed on the BSE and NSE. The price range for Urban Company’s IPO is INR 98.00 to INR 103.00 per share. An application’s lot size is 145. Based on the highest price, a retail investor must invest a minimum of INR 14,935 (145 shares).

    Taurian MPS

    The subscription period for the Taurian MPS IPO begins on September 9, 2025, and ends on September 11, 2025. On September 12, 2025, the allocation for the Taurian MPS IPO is anticipated to be finalised. The proposed listing date for the Taurian MPS IPO is set for September 16, 2025, on the NSE SME. The pricing range for the Taurian MPS IPO is INR 162.00 to INR 171.00 per share. An application’s lot size is 800. Based on the highest price, a retail individual investor must invest a minimum of INR 2,73,600.00 (1,600 shares).

    Karbonsteel Engineering

    The Karbonsteel Engineering initial public offering (IPO) will go live on September 9, 2025, and end on September 11, 2025. On September 12, 2025, the Karbonsteel Engineering IPO allocation is anticipated to be finalised. The proposed listing date for the Karbonsteel Engineering IPO is set for September 16, 2025, on the BSE SME. The price range for Karbonsteel Engineering’s IPO is INR 151.00 to INR 159.00 per share. An application’s lot size is 800. Based on the highest price, a retail individual investor must invest a minimum of INR 2,54,400.00 (1,600 shares).

    Nilachal Carbo Metalicks

    The Nilachal Carbo Metalicks initial public offering (IPO) will go live on September 8, 2025, and end on September 11, 2025. On September 12, 2025, the allocation for the Nilachal Carbo Metalicks IPO is anticipated to be finalised. The IPO of Nilachal Carbo Metalicks is scheduled to go public on the BSE SME on September 16, 2025. The IPO price of Nilachal Carbo Metalicks is INR 85.00 per share. An application’s lot size is 1,600. Based on the highest price, a retail individual investor must invest a minimum of INR 2,72,000.00 (3,200 shares).