Aishwarya Anand

Circular economy and recycling company Karo Sambhav has raised ₹56 crore in a Pre-Series A funding round led by Rainmatter, Zerodha’s investment initiative focused on sustainability and climate-linked ventures.The fresh capital will be used to scale recycling infrastructure aimed at recovering critical, precious, and high-value materials from end-of-life products, particularly electronic waste.Founded in 2017, Karo Sambhav has largely operated as a bootstrapped company over the past nine years.

OYO parent PRISM has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its proposed initial public offering (IPO), sources told CNBC-TV18, moving the hospitality and travel technology firm a step closer to a public listing.The company had filed its confidential Draft Red Herring Prospectus (DRHP) in December 2025 after shareholders approved plans to raise up to ₹6,650 crore through a fresh issue of shares.According to sources, the proposed IPO could...

Used-car marketplace Cars24 has launched AI Labs, an initiative focused on building AI-first products and backing startups developing next-generation artificial intelligence technologies.As part of the programme, the company has committed $20 million to invest in AI-focused startups and teams, while also offering mentorship, infrastructure support, distribution opportunities, and access to leading AI platforms.The initiative brings together partners including OpenAI, AWS and ElevenLabs, as...