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Lynne Fitzpatrick named CME Group's first-ever woman CEO
StartupsJun 19, 2026

Lynne Fitzpatrick named CME Group's first-ever woman CEO

CME Group just named Lynne Fitzpatrick as its next CEO — the first woman to lead the $95B derivatives giant in its 178‑year history. Terry Duffy, who started as a runner in a trading pit, steps down after 25+ years. A new era for global finance.,

Revenue Doubles, Losses Widen, and a ₹8,010 Crore Bet: Zepto's IPO Papers Reveal the Truth About Quick Commerce
StartupsJun 17, 2026

Revenue Doubles, Losses Widen, and a ₹8,010 Crore Bet: Zepto's IPO Papers Reveal the Truth About Quick Commerce

In one of the most anticipated IPO filings of the year, quick-commerce giant Zepto has submitted its updated draft red herring prospectus (UDRHP) with SEBI, revealing a company at a crossroads. Revenue from operations more than doubled to ₹22,623.58 crore in FY26, but net losses widened to ₹5,905.19 crore as the company continued its aggressive expansion. The IPO comprises a fresh issue of ₹8,010 crore and an offer-for-sale by early investors, with the total issue size expected to reach between ₹11,000 crore and ₹12,000 crore. Founders Aadit Palicha and Kaivalya Vohra are not selling any shares, signaling their long-term commitment—even as the company warns investors that there is "no assurance growth will translate into profitability."

The 700-City Opportunity: How BazaarNow Just Raised ₹72 Crore to Redefine Quick Commerce for Bharat
StartupsJun 17, 2026

The 700-City Opportunity: How BazaarNow Just Raised ₹72 Crore to Redefine Quick Commerce for Bharat

In a strong vote of confidence for India's non-metro consumption story, Bengaluru-based quick-commerce startup BazaarNow has raised ₹72 crore in a funding round led by Peak XV Partners. Founded by former Zepto, Swiggy, and Myntra executives, the startup is building a habit-led, vernacular-first platform specifically for Tier-2 and Tier-3 cities—where grocery buying looks nothing like e-commerce in metros. With participation from Whiteboard Capital, Antler, and a star-studded list of angel investors including Meesho's Vidit Aatrey, the round signals that the next frontier of quick commerce isn't in Mumbai or Delhi—it's in the 700+ cities that truly define India.

₹10,000 Crore and a New Dawn: How India's Fund of Funds 2.0 Is Rewriting the Rules of Deep-Tech Innovation
FundingJun 17, 2026

₹10,000 Crore and a New Dawn: How India's Fund of Funds 2.0 Is Rewriting the Rules of Deep-Tech Innovation

In a landmark move to accelerate India's innovation-led growth, the Union Cabinet has approved the Startup India Fund of Funds 2.0 (FoF 2.0) with a monumental ₹10,000 crore corpus. Building on the success of its predecessor—which catalysed over ₹25,500 crore in investments across 1,370+ startups—the new fund is laser-focused on deep tech, tech-driven manufacturing, and early-growth stage ventures. This isn't just another government scheme; it's a strategic declaration that India is ready to compete with the world's most advanced innovation economies, one breakthrough technology at a time.

The ₹14.90 War: Why Zomato's Latest Fee Hike Is Pushing India's Foodies to Their Breaking Point
StartupsJun 17, 2026

The ₹14.90 War: Why Zomato's Latest Fee Hike Is Pushing India's Foodies to Their Breaking Point

In March 2026, Zomato quietly raised its platform fee from ₹12.50 to ₹14.90 per order—a 19.2% increase that pushed the effective total (including GST) to ₹17.58. For a company that introduced the fee at just ₹2 in August 2023, this marks a staggering 745% increase in under three years. The backlash has been swift and furious, with users threatening to abandon the platform entirely. As competitors circle and delivery fatigue sets in, Zomato's bet on aggressive monetization may have finally crossed a line.

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