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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.

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