Suba Hotels expands Bengaluru portfolio to seven properties

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September 19, 2026

Suba Hotels Ltd has opened Click Hotels Galaxy in Mylanahalli, Bengaluru, approximately five kilometres from Kempegowda International Airport. The property also sits close to the city’s aerospace and business corridor, positioning it to serve both business and leisure travellers.

The new hotel marks the fourth property under the Click Hotels & Resorts brand in Bengaluru. In addition, Suba Hotels operates three properties in the city through its partnership with Choice Hotels brands, including Clarion, Quality and Comfort. With the latest opening, the company’s Bengaluru portfolio has reached seven operational hotels.

Click Hotels Galaxy offers 54 rooms across four categories, with modern amenities designed for business and leisure guests. Its location provides convenient access to the airport as well as nearby commercial and aerospace developments.

Furthermore, the property features banquet and meeting facilities for corporate meetings, social gatherings, and intimate events. These facilities allow the hotel to cater to both business requirements and private occasions.

For dining, the hotel houses Cinnamon, a multi-cuisine restaurant serving Indian, regional, and international dishes. Guests can also order snacks and beverages throughout the day, while the property provides 24-hour in-room dining.

Commenting on the launch, Mansur Mehta, Managing Director, Suba Hotels Ltd, said, “Bengaluru continues to grow at a remarkable pace, creating tremendous opportunities for the hospitality sector. We are highly optimistic about the city’s long-term potential and remain committed to providing quality hospitality experiences across key locations. With the opening of Click Hotels Galaxy, our portfolio in Bengaluru has now grown to seven operational properties, further strengthening our presence in this important market.”

Meanwhile, Mubeen Mehta, CEO, Suba Hotels Ltd, said, “It is a moment of great pride for all of us to open another hotel within a span of just 45 days. Last month, we commenced operations at Quality Inn Bhavishya, Brookfield, Whitefield, Bengaluru, and today we are delighted to open our fourth Click hotel in the city. This achievement reflects the tremendous team spirit, commitment, and confidence of our people as we continue to expand our presence across Bengaluru and other key markets.”

The property has been rebranded as Click Hotels Galaxy through a partnership between Suba Hotels Ltd and Galaxy Air Suites. The collaboration brings the property under the Click Hotels & Resorts brand while combining the partners’ hospitality operations and market expertise.

Expressing his delight at the strategic partnership, Sainul Abid KC, Director, Galaxy Air Suites, said, “We are delighted to partner with Click Hotels & Resorts through the rebranding of our property as Click Hotels Galaxy, Mylanahalli, Bengaluru. This partnership reflects our confidence in the Click brand and our shared commitment to delivering quality hospitality. We are confident that this association will strengthen the property’s market positioning, enhance the guest experience and contribute positively to its overall business performance.”

With the launch of Click Hotels Galaxy, Suba Hotels has further expanded its presence in Bengaluru, adding another property close to the airport and the city’s growing aerospace and commercial corridor.

Curefoods FY26 revenue jumps 23% to Rs 916.2-Crore

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September 19, 2026

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Cloud kitchen and food services company Curefoods reported a 23 percent increase in operating revenue to Rs 916.2 crore in FY26, compared with Rs 745.8 crore in FY25. However, the company’s net loss expanded to Rs 192.2 crore from Rs 170 crore a year earlier, reflecting continued pressure from depreciation and finance-related expenses.

Founded by Ankit Nagori, Curefoods operates a diversified portfolio of food brands spanning healthy meals, biryani, pizza, desserts, and South Indian cuisine. Its portfolio includes EatFit, Sharief Bhai Biryani, OLIO, Arambam, Krispy Kreme, Nomad Pizza, CakeZone, and Frozen Bottle.

The company currently serves customers through a network of 281 cloud kitchens, 99 kiosks, and 122 restaurants. Revenue from food and product sales remained the primary contributor, accounting for nearly 99 percent of operating income. The segment generated Rs 908.4 crore during FY26, marking a 23 percent year-on-year increase.

Meanwhile, Curefoods generated the remaining Rs 7.8 crore from services and other operating activities, including franchise-related fees.

India continued to be the company’s largest market, contributing Rs 893.3 crore in revenue. At the same time, the company expanded its international business, with overseas revenue increasing fourfold to Rs 22.85 crore during FY26.

In addition to its core business income, Curefoods generated Rs 18.6 crore through non-operating sources such as interest income and gains from mutual fund investments. Consequently, the company’s total income reached Rs 934.8 crore for the fiscal year.

On the cost side, commission expenses climbed 22 percent to Rs 166.8 crore, while depreciation and amortisation charges rose 24 percent to Rs 100.6 crore. However, Curefoods reduced its advertising and promotional spending by 10 percent to Rs 79 crore during FY26.

Other operating expenses, including rent, electricity, and professional services, stood at Rs 256.3 crore. As a result, total expenditure increased 19 percent year-on-year to Rs 1,127 crore.

Although losses widened, the company reported an improvement in operating efficiency. Curefoods reduced its EBITDA loss to approximately Rs 69.3 crore in FY26 from Rs 86 crore in the previous year. Its EBITDA margin also improved to negative 7.6 percent from negative 11.5 percent in FY25, indicating an improvement in cost efficiency as revenue expanded.

The company also improved its cost-to-revenue ratio, spending Rs 1.23 to generate every rupee of operating revenue, compared with Rs 1.27 in the previous fiscal year.

However, Curefoods experienced weaker liquidity during the year. Cash and bank balances declined 51 percent to Rs 39.4 crore at the end of FY26, while current assets fell 21 percent to Rs 267.7 crore.

Curefoods had earlier secured approval from the Securities and Exchange Board of India (SEBI) for its proposed Rs 800 crore initial public offering after filing draft papers in October 2025. However, the company later paused its IPO plans amid volatile market conditions.

Overall, Curefoods delivered strong revenue growth in FY26 while continuing to face profitability and liquidity pressures. At the same time, the improvement in EBITDA losses and cost-to-revenue efficiency points to progress in operating performance as the company scales its food and restaurant network.

Table Space, Hillhouse acquire majority stake in KMC Solutions

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September 19, 2026

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Table Space, Hillhouse acquire majority stake in KMC Solutions — Karan Chopra, Chairman & Co-CEO, Table Space

Real estate firm Table Space, in partnership with Hillhouse, has acquired a majority stake in Philippines-based KMC Solutions as it expands its managed office space business beyond India.

Bengaluru-based Table Space said in a statement that it and Hillhouse firm Rava Partners have acquired a majority stake in KMC Solutions. The Philippines-based company provides managed workspace and human resources solutions.

However, the companies did not disclose the size of the stake acquired or the value of the transaction.

Founded in 2017, Table Space has established itself as a managed workspace provider in India. The latest transaction will help create one of the largest players in the APAC-managed office sector, with 13 million square feet of space under management, according to Table Space.

Karan Chopra and Kunal Mehra, Co-CEOs of Table Space, said, “India is a key factor in how global enterprises build and scale capability and continues to be the core of Table Space’s growth strategy. At the same time, our customers are increasingly operating across multiple markets, creating an opportunity to extend the platform we have built in India to other strategically relevant geographies.”

KMC Solutions has developed an enterprise workspace and business services platform in the Philippines. The partnership will allow Table Space and KMC to serve businesses across both markets while supporting the managed workspace provider’s broader international expansion plans.

“Together, we see an opportunity to support global customers across India and the Philippines while advancing Table Space’s broader international growth strategy,” they said.

As part of the transaction, KMC Solutions’ founders will retain a significant interest in the company. Meanwhile, the business will continue operating under its existing management team and brand.

Michael McCullough, Co-Founder and Chairman of KMC, said, “The partnership gives us access to growth capital, industry ecosystem, and operational expertise to continue as one of the dominant managed workspace providers in the Philippines and to grow our footprint regionally.”

The transaction comes as Table Space also prepares for a potential public-market debut. In August, Tablespace Technologies Ltd. filed draft papers with market regulator SEBI to raise funds through an Initial Public Offering (IPO), comprising a fresh issue of ₹800 crore.

The proposed IPO will also include an offer for sale (OFS) of up to 6.55 crore equity shares. The company’s latest international expansion therefore comes alongside plans to raise capital through the domestic equity market.

As of March 31, 2026, Table Space had 11.46 million square feet of leasable area across 33 key office clusters in eight Tier-1 Indian cities. With the KMC Solutions transaction, the company is now expanding its managed workspace platform into the Philippines and strengthening its presence in the wider APAC market.

Vantora raises $100 Mn to build industrial AI startups

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September 19, 2026

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Vantora raises $100 Mn to build industrial AI startups — John Kuolt, Founder and CEO, Vantora

Vantora, the startup studio formerly known as UP.Labs, has raised $100 million in a new funding round as it shifts its focus towards building AI-powered startups for industrial corporations. Alongside the funding, the company has rebranded as Vantora and plans to concentrate on physical AI, industrial automation, and robotics.

Founder and CEO John Kuolt told that Vantora is moving toward a “proprietary M&A pipeline.” The company operates as a startup studio rather than a conventional investment firm. Instead of primarily investing in existing startups, Vantora works with large industrial corporations to identify operational challenges and develops new companies around solutions to those problems.

Through this model, Vantora combines startup creation, technology development, and corporate partnerships. Industrial companies can contribute their sector expertise and customer knowledge, while the studio develops technology and builds teams around specific market opportunities.

The company’s new strategy centres on physical AI, which refers to artificial intelligence systems that interact with the physical world through robotics, automation, and other technologies. Applications can include warehouse robotics, manufacturing optimisation and autonomous systems designed for industrial environments.

Moreover, the shift comes as industrial companies explore ways to integrate AI into their operations. However, many businesses face challenges in developing specialised AI capabilities internally, particularly when solutions require both software expertise and knowledge of industrial processes.

Vantora’s startup studio model aims to address this gap by creating companies around specific industrial requirements. Rather than relying solely on existing startups or internal development teams, corporate partners can work with Vantora to develop dedicated technology solutions.

The $100 million funding will support the company as it expands this model across industrial AI applications. Physical AI startups can require substantial capital because their development often involves hardware, testing, specialised engineering and integration with existing industrial systems.

In addition, the studio model allows Vantora to assemble teams around identified opportunities rather than waiting for independent entrepreneurs to present fully developed business ideas. The company can therefore build teams, technology, and business models around the requirements identified with its corporate partners.

The rebrand from UP.Labs to Vantora also accompanies the company’s narrower focus. By concentrating on industrial AI, automation, and robotics, Vantora intends to develop startups specifically for physical-world applications and industrial use cases.

With the latest funding, Vantora will continue building AI-focused companies in partnership with industrial corporations. The company’s approach combines startup creation with corporate expertise, with the aim of developing technology solutions for real-world industrial operations.

Paradigm Realty Acquires Florencia in Bandra, Expanding Its Ultra-Luxury Marquis Collection

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September 19, 2026

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The acquisition of Florencia at the foothills of Pali Hill marks Paradigm Realty’s third Bandra project under its Marquis Collection, taking its combined development potential in the micro-market to approximately over US $125 million

Paradigm Realty, one of Mumbai’s most trusted and fastest-growing luxury developers, has acquired Florencia, a 30-year-old residential building at the foothills of Pali Hill, Bandra. This acquisition marks its third project in the neighbourhood under the Paradigm Marquis Collection, the developer’s portfolio of ultra-luxury residences. The acquisition builds on the success of Paradigm Superstar and Paradigm Green Acres and further strengthens the developer’s presence across the Bandra-Khar-Santacruz belt.

Spread across approximately 1,300 sq. m, Florencia has an estimated Gross Development Value (GDV) of approximately ₹350 crore, with an investment of approximately ₹80 crore. The acquisition adds further depth to Paradigm Realty’s presence in a market that has become an important focus within its broader strategy across the Worli-to-Juhu corridor. The developer’s growing Bandra portfolio follows the strong response to Paradigm Superstar and Paradigm Green Acres. Superstar has established itself as a signature ultra-luxury address in Bandra, while Green Acrres at Pali Hill has extended the proposition with a highly exclusive, low-density format. Together, the developments have strengthened Paradigm Realty’s standing at the upper end of Mumbai’s residential market and provided the foundation for the next phase of its Bandra strategy.

“Bandra has been an important market for us, and the response to Superstar and Green Acres has reinforced our belief in the opportunity here. The acquisition of Florencia allows us to build on that experience while further strengthening our presence in the neighbourhood. Each development has its own character, but the underlying focus remains on creating well-considered residences with an emphasis on space, privacy, and design. We see considerable opportunity to continue building our presence across Bandra, Khar, and Santacruz,” said Parthh K. Mehta, CMD and Founder, Paradigm Realty.

Florencia will carry forward the standards and design philosophy of the Marquis Collection while being shaped specifically around its Pali Hill setting. The proposed development is planned at an approximate height of 70 m, comprising two basement levels, a ground level, five podium levels, and 15 residential floors. The completed project is expected to have fewer than 30 residences, maintaining an intimate, low-density character.

Current plans envisage approximately 15 to 20 sale residences, comprising 3 BHK and larger configurations, alongside approximately 11 rehabilitation residences of around 1,800 sq. ft. each. The layouts are currently at the design stage, with two apartments planned per residential floor. The planning approach places emphasis on generous spaces, open views, cross ventilation, and enhanced privacy. Detailed amenities, specifications, and the final architectural expression will be announced closer to launch.

The location is central to the project’s proposition. Set at the foothills of Pali Hill, Florencia will be situated within one of Mumbai’s most established residential neighbourhoods, with access to strong connectivity, social infrastructure, and a distinctive lifestyle ecosystem encompassing independent cafés, restaurants, entertainment, and some of the city’s most sought-after dining destinations.

The existing Florencia development comprises a single composite tower with 19 residential units owned by 10 families. Paradigm Realty has been unanimously appointed as the developer, with 100 percent consent from members recorded before the Sub-Registrar. Formalities for execution of the Development Agreement are currently underway.

With Florencia, Paradigm Realty’s three Bandra developments—Florencia, Paradigm Superstar, and Paradigm Green Acres—represent a combined estimated development potential of approximately US $125 million. Florencia accounts for approximately ₹350 cr., while Paradigm Superstar and Paradigm Green Acres have a total estimated development value of ₹850 cr.

The acquisition forms part of Paradigm Realty’s broader strategy of building greater depth across established markets in Mumbai’s western suburbs. Bandra, Khar, and Santacruz remain key focus areas, alongside the developer’s wider development activity across the Western and Central suburbs. Florencia’s launch is planned within the current year, with commencement expected in FY 2026-27 and completion targeted within approximately 36 months from commencement. With Superstar, Green Acres and now Florencia, Paradigm Realty continues to build a concentrated portfolio in Bandra, extending the momentum of its Marquis Collection and reinforcing its growing presence in one of Mumbai’s most established residential corridors.

Seclude Hotels expands heritage portfolio with Fort Unchagaon

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September 18, 2026

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Seclude Hotels has launched Seclude Fort Unchagaon, a 300-year-old heritage fort in Bulandshahr, Uttar Pradesh. The launch marks the brand’s largest heritage redesign so far, with the property spread across 19 acres of mango orchards, around two hours from Delhi NCR.

The company has restored the former family estate while preserving its original architecture, royal courts, family collections, and heirlooms. The 22-room property features three distinct sections: The Royal Wing, The King’s Court, and The Queen’s Courtyard.

The Tiger Room showcases hunting artifacts, while a former Air India lounge now displays vintage travel memorabilia. Together, these spaces retain the property’s historical character while giving guests an immersive heritage experience.

Ramit Sethi, Co-Founder, Seclude Hotels, said, “One of the things that sealed it for me was realizing that I was staying in a room where Jawaharlal Nehru had once stayed. I could see how the old kings lived through the photographs on the walls, and everywhere I looked, the spaces were bursting with potential, waiting to be explored. Taking on a property like this is our biggest challenge and our greatest joy—figuring out how to bring all of that history, character, and possibility to life. How could I say no?”

Additionally, guests can explore the fort’s history and collections through an audio trail available on Spotify. The property also offers activities such as pottery, archery, badminton, croquet, village visits, and dolphin watching on the Ganga.

Beyond leisure experiences, Fort Unchagaon provides venues for weddings, celebrations, family gatherings, and corporate offsites. As a result, the property combines heritage hospitality with spaces designed for social and corporate events.

With the launch of Seclude Fort Unchagaon, Seclude Hotels has expanded its heritage hospitality portfolio while bringing a centuries-old family estate back into active use as a destination for travellers, celebrations, and experiential stays.

Physioplus Healthcare raises seed funding at $800,000 valuation to expand across India

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September 18, 2026

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Physioplus Healthcare raises seed funding at $800,000 valuation to expand across India — Samit Saxena, Jaswant Singh, and Madhukar Pareek, co-founders, Physioplus Healthcare

Digital physiotherapy platform Physioplus Healthcare has secured a strategic seed investment from HBF India at a valuation of $800,000. The company will use the funding to strengthen its technology infrastructure and expand its presence across India.

According to the company, the fresh capital will be used to enhance its technology platform, expand its professional network, and increase its presence in multiple markets across India.

Founded in 2022 by Samit Saxena, Jaswant Singh, and Madhukar Pareek, Physioplus Healthcare connects patients with certified physiotherapists through its digital platform. The company provides physiotherapy discovery, virtual consultations, patient assessments, clinical documentation, and technology-enabled monitoring services.

The startup said its platform integrates digital practice management tools, patient records, and remote monitoring capabilities to support physiotherapy treatment and rehabilitation programs.

Moreover, Physioplus supports patients dealing with chronic pain, musculoskeletal disorders, sports injuries, and post-operative recovery. Its digital model aims to make physiotherapy and rehabilitation services more accessible through technology.

Physioplus operates in the growing digital healthcare and physiotherapy segment, where several startups are leveraging technology to improve access to rehabilitation services.

The segment has also attracted funding from other technology-driven physiotherapy companies. Last year, FlexifyMe raised $2.4 million in a pre-Series A funding round led by IvyCap Ventures and Signal Ventures to scale its online physiotherapy platform.

Meanwhile, Stance Health secured $1 million in pre-seed funding in 2025 to expand its technology-enabled musculoskeletal care model, while Rebee Health attracted investment from 1337 Ventures in 2025 to grow its wearable sensor-based digital physiotherapy platform.

Following the latest investment, Physioplus Healthcare plans to enhance its digital infrastructure, expand its professional network, and strengthen its reach across India. The company aims to build a stronger presence in the country’s evolving physiotherapy and rehabilitation technology market.

Ganpati Group announces ₹2,000-Cr real estate, hospitality expansion

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September 18, 2026

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Agra-based real estate and hospitality conglomerate Ganpati Group has announced an overall investment and development potential of around ₹2,000 crore across its upcoming residential, real estate, and hospitality portfolio.

The announcement marks a major step in the group’s expansion strategy, which includes its first foray into South India through a hospitality project in Visakhapatnam, also known as Vizag. Ganpati Group primarily targets Tier-1 cities, state capitals, metropolitan areas, and other high-growth urban markets across India. The group evaluates these locations based on economic fundamentals, infrastructure development, tourism potential, and business activity. In the near term, Lucknow and Visakhapatnam will remain key markets for its expansion plans.

In Lucknow, Ganpati Group plans to develop an ultra-luxury residential project in Vibhuti Khand, one of the city’s prominent premium locations. Additionally, the group will develop an approximately 200-key premium hotel in the city.

Meanwhile, Ganpati Group will develop an approximately 100-room business hotel in Visakhapatnam, marking its entry into South India. The group considers Visakhapatnam a strategically important growth market because of its port-led economy, expanding industrial ecosystem, tourism potential, and rapidly developing infrastructure.

On the expansion occasion, Nikhil Agrawal, MD, Ganpati Group, said, “Our ₹2,000 crore expansion is a step towards building a more diversified, pan-India platform across residential and hospitality. With Lucknow and our entry into Visakhapatnam, we are positioning Ganpati Group in markets where long-term economic growth can translate into enduring real estate demand.”

Over the next three to five years, Ganpati Group plans to add approximately 800–1,000 hotel keys to its hospitality portfolio. At the same time, the group will continue developing residential and commercial real estate projects across strategic markets in India.

Furthermore, Ganpati Group will focus on premium residential developments alongside projects targeting the mid-scale and upper-mid-scale segments. Through this expansion, the company aims to strengthen its presence across both the residential and hospitality sectors in key growth markets.

Baby essentials startup Kiddo raises Rs 12.5-Cr to expand baby-focused quick commerce

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September 18, 2026

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Baby essentials startup Kiddo raises Rs 12.5-Cr to expand baby-focused quick commerce — Ankit Kawatra, Founder, Kiddo

Baby-focused quick commerce startup Kiddo has raised Rs 12.5 crore in a pre-seed funding round led by Campus Fund, with several strategic angel investors also participating. The startup plans to use the fresh capital for customer acquisition, expanding its dark store network across Delhi NCR, technology and product development, and team building.

Founded last year by Ankit Kawatra, Kiddo operates in the baby care and parenting essentials segment. The platform combines rapid delivery with life-stage-based product recommendations designed to help parents find products suited to their children’s changing needs.

According to industry estimates, India’s baby care market was valued at $31 billion in 2022 and could reach $56 billion by 2029. The market could grow at a compound annual growth rate of 13 percent to 14 percent during this period, supported by rising demand for baby and parenting products.

Since launching, Kiddo says it has built a catalogue of more than 30,000 SKUs across baby essentials, fashion, and related categories. The company currently serves customers across Delhi NCR, with a focus on premium households. Furthermore, Kiddo plans to expand its dark store network by the end of the year. The startup also claims that its blended gross margins exceed those typically generated by horizontal grocery quick commerce platforms.

Meanwhile, Kiddo operates in an increasingly competitive baby and kids’ commerce market alongside players such as FirstCry, AllThingsBaby, and OZi. These companies are also targeting the growing demand for specialised products and convenient shopping experiences for parents.

Gurugram-based OZi raised $3.3 million in seed funding from Blume Ventures in October last year. Later, the company secured $6.2 million in a Series A round led by RTP Global in March this year. OZi offers more than 15,000 products and promises delivery within 60 minutes.

Similarly, Bengaluru-based Peeko raised $3.2 million from Stellaris Venture Partners in August last year before closing a Rs 67.4 crore Series A round led by Chiratae Ventures in August 2026. Its product portfolio covers baby apparel, toys, gear, and consumables.

At the same time, established companies are increasing their focus on the baby commerce segment. FirstCry, for example, has been expanding its faster-delivery initiatives as Indian parents increasingly seek convenient and quick solutions for their parenting needs.

PearlRain Digital and SDV Global Solutions – Partner to Help Indian Companies Enter the U.S. Market

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September 18, 2026

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A Bengaluru growth firm and a U.S. veteran-owned network are giving Indian companies a credible, vetted route into America’s vast markets, one built on readiness and real introductions rather than cold outreach.

BENGALURU, India, 17th September 2026 – PearlRain Digital (pearlraindigital.net & pearlradigital.com) today announced a partnership with SDV Global Solutions (sdvglobalsolutions.net), to help Indian companies enter, establish themselves, and sell products, services, and solutions across the United States of America.

This includes the high-compliance US Defense industry. India builds defense hardware and manufacturing capability that stands up against anyone in the world. Getting that capability in front of American defense buyers is a different challenge, and it is where most Indian companies stall. The problem is rarely the product. It is the two things that sit around it: being ready in the way a U.S. buyer expects and getting a foot in the door with the people who actually make decisions. This partnership was built to solve both.

PearlRain Digital handles the readiness. The Bengaluru-based growth transformation and consulting firm, founded and led by Vivek Viswanathan, helps companies sharpen how they position themselves, tighten how they go to market, and get their digital setup right before a single conversation begins. Viswanathan has spent his career helping founders and leadership teams turn scattered growth efforts into a clear plan with tangible results. Much of his team’s work centres on the readiness that the scrutiny American buyers look for. By the time an Indian company walks into a meeting room with a US prospect, it looks like it belongs there.

SDV Global Solutions handles the networking and consulting. Founded by Kirk Taylor, a veteran U.S. Marine with more than twenty-five years of service, SDV has spent years building a trusted network across American defense and government. The company works as a connector rather than a contractor. Kirk and his team listen to what a company needs, find the right person inside its network, and make a warm, vetted introduction. The company arrives already vouched for, which is literally half the battle won.

“Indian companies can build to a global standard that competes with anyone, and we all know the power of the services and solutions enterprises,” said Vivek Viswanathan, Founder and CEO of PearlRain Digital. “The barrier was never the capability. It was trust and access. We are helping bridge that and get the Indians to be ready for the US markets. SDV opens the right doors, and access to the world’s largest market becomes truly accessible.”

“The companies that win in this sector are the ones that show up as ‘already trusted,'” said Kirk Taylor, Founder and CEO of SDV Global Solutions. “Our job is simple. Make sure a strong Indian company shows up the right way, with a warm introduction to the right person, instead of a cold email that goes nowhere.”

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