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The CEO Magazine India: Your Gateway to Business Excellence

The CEO Magazine India is the nation’s premier monthly publication, headquartered in New Delhi. We serve as a powerful platform for top-level executives to share their invaluable experiences, insights, and case studies. Our mission is to provide extraordinary benefits to the startup community and dynamic entrepreneurs by offering deep an

alysis of IT trends, organizational strategies, and practical guidance for achieving business objectives. Our publication stands out for its commitment to quality content, featuring in-depth interviews, thought leadership articles, and success stories from various industries. We believe in the power of shared knowledge, and our magazine is a conduit for business leaders to impart wisdom, discuss challenges, and highlight innovative solutions. The CEO Magazine India is dedicated to nurturing the startup ecosystem, helping them stay ahead of market dynamics and implement best practices. Our detailed analyses and practical guidance on financial management, marketing, HR, and technology adoption equip businesses with the tools they need to succeed. We foster a community of like-minded individuals passionate about business and leadership, facilitating networking, collaboration, and knowledge sharing through events, webinars, and forums. Our commitment to promoting excellence, innovation, and sustainability is reflected in our content, celebrating the achievements of outstanding business leaders. The CEO Magazine India is your gateway to navigating the complex business landscape, driving growth, and achieving success. Together, we shape the future of business in India and beyond.

Early-stage venture capital firm Aum Ventures has announced the first close of its India Innovation Fund II at ₹225 cror...
11/08/2026

Early-stage venture capital firm Aum Ventures has announced the first close of its India Innovation Fund II at ₹225 crore, against a target corpus of ₹750 crore (approximately $80 million).

The fund will back pre-seed and seed-stage startups developing IP-led technologies in India for global markets, with a focus on space tech, AI, semiconductors, aerospace, defence tech, robotics, energy transition and advanced manufacturing.

More than 65% of commitments in the first close came from international limited partners across the US, Middle East and other global markets. Aum Ventures plans to invest in 25–30 companies, with initial investments typically ranging from $750,000 to $2 million, while reserving capital for follow-on rounds.

The new fund builds on Aum's first fund, launched in 2023. The firm said Fund I has recorded a 2.23X gross MOIC and 53% gross IRR so far.

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Bernstein has retained its ‘Outperform’ rating on One97 Communications, the parent company of Paytm, while raising its t...
11/08/2026

Bernstein has retained its ‘Outperform’ rating on One97 Communications, the parent company of Paytm, while raising its target price to ₹2,200 from ₹1,500, citing the potential introduction of Merchant Discount Rate (MDR) on select UPI transactions.

The brokerage has moved UPI MDR from an “optionality” to its base case from FY28, assuming around 35 bps MDR on a subset of person-to-merchant (P2M) transactions. Bernstein estimates Paytm could capture around 3–4 bps of incremental net payment margin from MDR.

Under its estimates, UPI MDR could add ₹1,320 crore, ₹1,690 crore and ₹2,160 crore to Paytm's EBITDA in FY28E, FY29E and FY30E, respectively. Bernstein has also raised its FY30E EPS estimate by around 30% to ₹106.

The government has clarified that consumers will not be charged for UPI transactions and that any MDR, if introduced, would apply only to select merchant transactions above a certain threshold.

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Online bakery startup Bakingo has raised ₹100 crore ($10.5 million) in a Series B round from existing investor Faering C...
11/08/2026

Online bakery startup Bakingo has raised ₹100 crore ($10.5 million) in a Series B round from existing investor Faering Capital, nearly three years after its previous fundraise.

The fresh capital will be used for general business requirements, growth and expansion. Following the latest round, Bakingo's valuation has increased 2.6X to ₹1,643 crore ($173 million) from ₹627 crore in its previous Series A round.

Founded in 2016 by Himanshu Chawla, Shrey Sehgal and Suman Patra, Bakingo offers cakes and desserts across more than 400 designs, supported by over 100 kitchens across 30+ cities. Its portfolio includes cheesecakes, gourmet cakes, jar cakes and customised cakes.

Faering Capital now holds a 26.31% stake in the Gurugram-based company. Bakingo reported ₹300 crore in operating revenue in FY25, while its loss stood at ₹16.5 crore.

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Drone maker ideaForge Technologies reported a sharp increase in revenue in Q1 FY27, with operating revenue rising 436.6%...
11/08/2026

Drone maker ideaForge Technologies reported a sharp increase in revenue in Q1 FY27, with operating revenue rising 436.6% year-on-year to ₹68.58 crore, compared with ₹12.78 crore in Q1 FY26.

The company reported a net loss of ₹2.59 crore, narrowing 89% from ₹23.56 crore a year earlier. Total income stood at ₹70.5 crore, including ₹1.96 crore in other income.

However, expenses also increased, with total expenditure rising 96.4% to ₹82.5 crore. Material costs climbed to ₹34.97 crore, while employee benefit expenses stood at ₹15.1 crore.

On a sequential basis, revenue declined around 51% from ₹141 crore in Q4 FY26, when ideaForge had reported a ₹60 crore profit. The company had raised ₹500 crore through a QIP in June 2026.

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Info Edge, the parent company of Naukri and 99acres, reported an 11%+ year-on-year increase in consolidated revenue to ₹...
11/08/2026

Info Edge, the parent company of Naukri and 99acres, reported an 11%+ year-on-year increase in consolidated revenue to ₹881 crore in Q1 FY27, while profit rose 43% to ₹490 crore.

The recruitment solutions business remained the largest contributor, with revenue from the Naukri-led segment growing 12% to ₹629 crore. 99acres reported revenue of ₹130 crore, while Jeevansathi and Aisle contributed ₹38 crore and ₹12 crore, respectively. Shiksha's revenue declined 12% to ₹44 crore.

Info Edge also reported ₹192 crore in non-operating income, taking overall income to ₹1,073 crore. Total expenses remained largely flat at ₹580 crore, supporting the year-on-year improvement in profitability.

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Omnichannel diagnostics provider Redcliffe Labs has acquired Pune-based Megavision Diagnostics Center for approximately ...
11/08/2026

Omnichannel diagnostics provider Redcliffe Labs has acquired Pune-based Megavision Diagnostics Center for approximately ₹40 crore, expanding its capabilities in advanced imaging alongside its existing pathology network.

Megavision operates two MRI-equipped centres in Pune. The acquisition will allow Redcliffe to bring imaging and pathology services together under a single platform, giving patients access to a wider range of diagnostic services. Redcliffe will also retain Megavision's entire workforce to ensure continuity of patient care.

The transaction is part of Redcliffe's broader expansion strategy through acquisitions and partnerships. The company has previously acquired Prime Sonography & Diagnostic Center in Kota and Sarvodaya Diagnostics in Ajmer. Redcliffe says it has served 1 crore+ customers, operates across more than 220 cities and offers over 3,600 diagnostic tests.

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Space technology startup GalaxEye has acquired Bengaluru-based spacecraft engineering company StarOps, strengthening its...
11/08/2026

Space technology startup GalaxEye has acquired Bengaluru-based spacecraft engineering company StarOps, strengthening its in-house capabilities across satellite design, development and mission operations.

Founded in 2022, StarOps brings proprietary spacecraft technologies, qualified satellite platforms and an experienced engineering team to GalaxEye. Its capabilities span spacecraft systems engineering, propulsion, avionics, flight computing, guidance and navigation, structures, electrical systems and ground operations. The company has achieved more than 66% indigenisation across its satellite systems.

The acquisition will give GalaxEye access to qualified satellite bus platforms across 50 kg, 150 kg and 250 kg classes, along with testing infrastructure and engineering tools. GalaxEye said the integration will support vertical integration and end-to-end space missions.

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Deep-tech startup Discovered Materials has raised $9 million (₹85 crore) in a seed funding round led by Lightspeed India...
11/08/2026

Deep-tech startup Discovered Materials has raised $9 million (₹85 crore) in a seed funding round led by Lightspeed India Partners, with participation from Y Combinator, Peak XV Partners and global angel investors including Paul Graham, Gokul Rajaram and Thariq Shihipar.

Founded by Advaith Sridhar and Akash Ramdas, the startup is developing AI-driven solutions for thermal management in AI chips, which can generate more than 140W/cm². Its focus is on thermally conductive dielectric materials for 3D chip packaging.

The fresh capital will be used to expand its team and laboratory infrastructure and scale its AI research agents. The company uses autonomous AI agents to generate thousands of material hypotheses, which are then evaluated through physics simulations.

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The government has clarified that consumers and small merchants will continue to use UPI services for free, following co...
10/08/2026

The government has clarified that consumers and small merchants will continue to use UPI services for free, following concerns over a recent amendment to the Payment and Settlement Systems Act, 2007.

According to the Finance Ministry, any future Merchant Discount Rate (MDR) would apply only to a limited set of merchant transactions above a specified threshold and at a nominal rate. The amendment does not mean that ordinary UPI users will be charged for person-to-person payments.

The government said the proposed framework is aimed at making UPI financially sustainable as transaction volumes grow and the ecosystem requires continued investment in cybersecurity, fraud prevention and infrastructure. UPI processed 2,366 crore transactions worth ₹29.9 lakh crore in July 2026.

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Logistics company Delhivery reported a 27.8% year-on-year increase in revenue from operations to ₹2,931 crore in Q1 FY27...
10/08/2026

Logistics company Delhivery reported a 27.8% year-on-year increase in revenue from operations to ₹2,931 crore in Q1 FY27, compared with ₹2,294 crore in the year-ago quarter. Total income rose 25.6% to ₹3,045 crore.

However, expenses grew faster than revenue. Total expenditure increased 29.4% to ₹3,012 crore, led by a 31.4% rise in freight handling and servicing costs to ₹2,152 crore. Employee benefit expenses also increased 21.9% to ₹429 crore.

The higher cost base weighed on profitability, with profit declining 64.8% to ₹32 crore from ₹91 crore in Q1 FY26. On a sequential basis, revenue grew 2.8%, while profit declined 55.9%.

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