Nishant Pitti Cashes Out, NPCI’s Extension, Accel's $650m India fund

EaseMyTrip’s cofounder Nishant Pitti cashes out a 1.4% stake, signaling strategic shifts. The NPCI gives UPI apps breathing room by extending the 30% market cap deadline to 2026, keeping the competition alive. Meanwhile, Air India, under Tata’s wings, charts ambitious plans for global skies, redefining India’s aviation narrative.

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“Mai Chali, Mai Chali”: EaseMyTrip Cofounder Nishant Pitti Offloads 1.4% Stake

EaseMyTrip's cofounder and CEO, Nishant Pitti, has sold a 1.41% stake in the travel-tech giant, amounting to nearly 5 crore shares.

The sale, priced at INR 15.68 per share, brought in INR 78.3 crore. Notably, investor Arunaben Sanjaykumar Bhatiya acquired 2.4 crore shares at INR 15.86 each, signaling continued interest in the company despite the promoter’s partial exit.

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“Abhi Hum Zinda Hai”: Tata-led Air India eyes global expansion

Tata-led Air India is gearing up for a bold global expansion, adding over 100 new aircraft to its fleet. With state-of-the-art training hubs in Bengaluru, Amravati, and Gurugram, the airline is set to modernize and extend its wings worldwide.

Part of the Vihaan.AI transformation, this move signals Air India’s ambition to reclaim its skies with a renewed vision.

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“Waqt Sabko Milega”: NPCI Extends Deadline For 30% Market Cap On UPI Apps Till 2026

The National Payments Corporation of India (NPCI) has pushed back its deadline for UPI apps to adhere to a 30% market cap on transaction volumes until December 31, 2026.

This marks the second such extension, giving major players like Google Pay and PhonePe more time to comply. The move reflects the NPCI’s balancing act between innovation and competition in India’s digital payments landscape.

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1. Pristyn Care is reportedly in talks to raise $100 million in a primary round by mid-2025, breaking a three-year pause on external funding. The move signals the healthcare startup’s focus on scaling its surgical services.

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2. NumberOne Academy has secured ₹3 crore in pre-seed funding from business coach T.I.G.E.R Santosh Nair, taking its total round to ₹4 crore. The funds will fuel the platform’s expansion of SME-focused courses in regional languages and its evolution into a Virtual Business Coach.

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3. Accel has raised $650 million for its eighth India fund, matching the size of its 2022 fund. With backing from 131 investors, the VC giant continues its focus on partnering with startups across all growth stages.

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