Business Matters Magazine

Business Matters Magazine BusinessMatters.in features the India's business heavyweights, ranging from start-ups to veterans across industries.

🧴 **Be Clinical Raises ₹21 Crore to Scale Its Clinical Skincare Play! 🚀**D2C skincare brand **Be Clinical** has raised *...
29/08/2026

🧴 **Be Clinical Raises ₹21 Crore to Scale Its Clinical Skincare Play! 🚀**

D2C skincare brand **Be Clinical** has raised **₹21 crore in a seed extension round** led by Sauce, with participation from existing investor V3 Ventures and angel investors, including Mokobara founders Sangeet Agrawal and Navin Parwal.

Founded by **Hemangi Dhir**, Be Clinical launched in 2025 after two years of R&D and claims to have delivered **1.2 lakh orders** since launch.

💡 The fresh funding will help the brand strengthen **R&D, clinical testing and manufacturing**, expand its skin, body and haircare portfolio, and enter new markets.

With India’s beauty and personal care market continuing to grow, Be Clinical is betting on science-backed and clinically focused personal care products to build its next phase of growth.

👉 **Read More:** https://businessmatters.in/be-clinical-raises-%e2%82%b921-crore-in-seed-extension/

🚀 **Atomberg Technologies Crosses ₹1,200 Crore Revenue!**India’s fast-growing consumer appliance brand **Atomberg Techno...
27/08/2026

🚀 **Atomberg Technologies Crosses ₹1,200 Crore Revenue!**

India’s fast-growing consumer appliance brand **Atomberg Technologies** has recorded impressive growth in FY26, with operating revenue rising **34.8% to ₹1,293.8 crore**, up from ₹959.5 crore in FY25.

📈 **Key Highlights:**
• Operating revenue: ₹1,293.8 Cr
• Revenue growth: 34.8% YoY
• FY26 net loss: ₹148.9 Cr
• Adjusted EBITDA loss narrowed to ₹37.1 Cr
• Kitchen appliances revenue surged 542% YoY
• Online revenue grew 53.4% to ₹456.5 Cr
• IPO-bound with a proposed ₹450 Cr fresh issue

With its expanding home and kitchen appliance portfolio, strong online growth, and proposed IPO, Atomberg is entering an important phase of its business journey.

👉 **Read More:** https://businessmatters.in/atomberg-technologies-crosses-%e2%82%b91200-crore-revenue/

🚀 Deepinder Goyal’s Temple wearable is getting smaller ahead of its 2026 launch!The latest version of Temple is now less...
26/08/2026

🚀 Deepinder Goyal’s Temple wearable is getting smaller ahead of its 2026 launch!

The latest version of Temple is now less than half its previous size, making the device more compact while retaining its advanced capabilities. The wearable, linked to Continue Research, is being developed as part of longevity research and could help measure cerebral blood flow.

Temple has already shipped its first 100 devices and is reportedly working with Zetwerk and Ethereal Machines to scale production. With $54 million in seed funding and a reported valuation of $375 million, the project is attracting significant attention in the health-tech and wearable space. 🔬⌚

👉 Read More: https://businessmatters.in/deepinder-goyals-temple-wearable-gets-smaller/

🚀 Atomberg Files DRHP for ₹450 Crore IPO!D2C consumer appliance startup Atomberg has filed its Draft Red Herring Prospec...
25/08/2026

🚀 Atomberg Files DRHP for ₹450 Crore IPO!

D2C consumer appliance startup Atomberg has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a proposed IPO featuring a fresh issue of up to ₹450 crore and an OFS of up to 7.6 crore shares.

📊 Investors including A91 Partners, Temasek Holdings, Inflexor Ventures and Steadview Capital are looking to offload shares through the OFS.

The Mumbai-based startup is also considering a pre-IPO placement of up to ₹90 crore. Funds raised through the fresh issue are planned for debt repayment, marketing, R&D and general corporate purposes.

🔥 Atomberg’s IPO plans mark another significant milestone for India’s fast-growing D2C and consumer appliance startup ecosystem.

👉 Read More: https://businessmatters.in/atomberg-files-drhp-for-%e2%82%b9450-crore-ipo/

🧴 **HUL-Owned Minimalist Returns to Profit in FY26! 📈**Minimalist has delivered a strong financial turnaround under **Hi...
24/08/2026

🧴 **HUL-Owned Minimalist Returns to Profit in FY26! 📈**

Minimalist has delivered a strong financial turnaround under **Hindustan Unilever (HUL)** ownership, reporting a **net profit of ₹25.9 crore in FY26**, compared with a reported loss of ₹270.5 crore in FY25.

The beauty and personal care brand also recorded impressive **36.3% year-on-year revenue growth**, reaching ₹690.2 crore. 🚀

With plans to expand its retail footprint from around **3,000 stores to 40,000 stores**, Minimalist is aiming for even stronger growth across India’s booming beauty and skincare market.

👉 **Read More:** https://businessmatters.in/hul-owned-minimalist-returns-to-profit/

🚀 Shiprocket Shares Surge 9% After Goldman Sachs Buys ₹52.7 Cr Stake!Shiprocket shares jumped as much as 9.3% to ₹156.81...
23/08/2026

🚀 Shiprocket Shares Surge 9% After Goldman Sachs Buys ₹52.7 Cr Stake!

Shiprocket shares jumped as much as 9.3% to ₹156.81 after Goldman Sachs India Equity Portfolio acquired 40.24 lakh shares worth ₹52.7 crore through a bulk deal.

The move comes shortly after Shiprocket’s strong stock market debut, where the company listed at a 35% premium to its ₹97 IPO price. 📈

With its IPO subscribed 99.38X and FY26 operating revenue rising 24% to ₹2,024.1 crore, Shiprocket continues to attract strong institutional investor interest.

👉 Read more: https://businessmatters.in/shiprocket-shares-surge-9-after-goldman/

🚀 **Cashfree Payments Nears ₹1,000 Cr Revenue Milestone!**Fintech soonicorn **Cashfree Payments** recorded a strong perf...
22/08/2026

🚀 **Cashfree Payments Nears ₹1,000 Cr Revenue Milestone!**

Fintech soonicorn **Cashfree Payments** recorded a strong performance in FY26, with operating revenue surging **51.1% YoY to ₹967 Cr**. 📈

The Bengaluru-based fintech also narrowed its net loss by **23.1% to ₹118.5 Cr**, compared with ₹154.1 Cr in FY25.

💰 Payment gateway commissions remained the biggest revenue driver at **₹889.7 Cr**, up 85% YoY, while payouts and cross-border payments contributed ₹69.4 Cr and ₹8 Cr, respectively.

Founded by **Akash Sinha and Reeju Datta**, Cashfree offers payment gateways, payouts, cross-border payments and banking APIs, and claims to have served **20 lakh+ businesses** since inception.

👉 **Read More:** https://businessmatters.in/cashfree-payments-revenue-nears-%e2%82%b91000-cr/

📈 **NoPaperForms’ Profit Jumps 6.3X to ₹11.9 Cr in FY26!**Education-focused SaaS company **NoPaperForms**, the parent co...
21/08/2026

📈 **NoPaperForms’ Profit Jumps 6.3X to ₹11.9 Cr in FY26!**

Education-focused SaaS company **NoPaperForms**, the parent company of Meritto, has delivered a strong financial performance in FY26.

💰 Profit after tax surged **6.3X to ₹11.9 crore**
📊 Operating revenue grew **25% to ₹115.7 crore**
🚀 Adjusted EBITDA doubled to **₹12.9 crore**
🎓 Platforms processed **₹3,179.5 crore** in education fees

With SEBI approval for its IPO and plans to raise around ₹500–600 crore, NoPaperForms is gearing up for its next phase of growth.

👉 **Read More:** https://businessmatters.in/nopaperforms-profit-jumps-6-3x-to-%e2%82%b911-9-crore/

📉 Zaggle Shares Plunge 20% After Q1 FY27 Profit SlumpsFintech SaaS company Zaggle Prepaid Ocean Services saw its shares ...
20/08/2026

📉 Zaggle Shares Plunge 20% After Q1 FY27 Profit Slumps

Fintech SaaS company Zaggle Prepaid Ocean Services saw its shares plunge 20% to ₹160.45, hitting the lower circuit and a new 52-week low after Q1 FY27 net profit fell 33% YoY to ₹17.5 crore.

Despite the profit decline, operating revenue grew 28% YoY to ₹423.3 crore, while adjusted EBITDA rose 4% to ₹34.7 crore. Zaggle attributed the profitability pressure to integration costs linked to DICE Enterprises and Zagg.Money.

The company has retained its 40% FY27 revenue-growth target and invested ₹8 crore for a 20% stake in Unobanc to strengthen its cross-border payments, forex and remittance capabilities. 🚀

👉 Read more: Business Matters – Zaggle Shares Plunge 20% as Q1 FY27 Profit Falls 33%

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