India's Businesses See Funding and Tech Growth

• Funding surges: Pepper Content, Avataar.me, Razorpay secure major investments.
• GST changes: 40% tax rate approved; new rates in effect from Sept 22.
• Tech updates: OnePlus integrates Google apps; brand growth on own channels.

Namaste, business enthusiasts! This article serves up a piping hot platter of India's recent business moves. From tech startups to tax revisions, get ready for a quick recap!

Funding Frenzy Unfolds

Several Indian companies secured significant funding. Pepper Content raised $4.2 million, while Razorpay's valuation may hit $1 billion with GIC and Sequoia's investment. Avataar.me also secured $7 million from Sequoia India. FreshToHome is in talks for $130 million in funding, showcasing investor confidence.

GST's New Avatar

The GST Council approved a 40% tax rate on certain goods. Additionally, new GST rates, effective from September 22, are impacting several items. The upcoming festive season is further driving policy changes around e-gifting options, ready to influence the market dynamics.

Tech's Indian Twist

OnePlus Nord is integrating Google apps, and Amazon's Alexa app has received a makeover. Online brands witness higher growth on their own channels compared to platforms like Flipkart and Amazon. Several companies are launching or relaunching products, and the launch of the OnePlus Nord phone is also a key point.

Market and Trends

Food delivery volumes have reached pre-COVID-19 peaks, and OYO's Q1 FY26 PAT doubled YoY to Rs 200 crore. The Tata Group is also exploring M&A opportunities. Consumers are also finding early Diwali deals with banks offering offers. Also, new GST rates come into play on September 22.

Focus on Growth

WeKan aims to incubate and fund 20 Indian startups. Flipkart and Walmart are providing further support to Ninjacart with an added $30 million. Meru Cabs has also launched a new office commute service. The market is showing good growth.