Aaditya Labs

Purple Style Labs (Pernia's Pop-Up Shop) IPO Opens Today: ₹680 Cr Mainboard Issue, ₹546–₹575 Band, Should You Apply? Last updated: August 31, 2026 | Reading time: 11 minutes | Category: Indian IPO / D2C Luxury Image: Purple Style Labs (Pernia's Pop-Up Shop) IPO Opens Today: ₹680 Cr Mainboard Issu Source: Bing Images (educational use) TL;DR Purple Style Labs — the parent of celebrity stylist Pernia Qureshi's luxury fashion platform Pernia's Pop-Up Shop (PPUS) — opens its ₹680 crore mainboard IPO for subscription today, August 31, 2026 . Price band: ₹546–₹575 per share; lot size: 26 shares (₹14,950 minimum retail application); face value: ₹10. Valuation: ~₹4,600 crore at the upper band. No OFS — entire issue is fresh equity. Anchor book raised ~₹306 crore on Aug 28. Reservation: QIB 75% / NII 15% / Retail 10%. Closes: Sep 2, 2026. Listing: Sep 7, 2026 (BSE, NSE). Key concern: Revenue grew just 11% in FY26 to ₹567 Cr while losses...

<strong>Last updated:</strong> 2026-08-30 | <strong>Reading time:</strong> 12 minutes | <strong>Category:</strong> Indian Fintech Image: Source: Bing Images (educational use) Photo: India UPI / Unsplash (free use) TL;DR UPI hit <strong>20+ billion monthly transactions</strong> in 2026 — more than Visa and Mastercard combined globally. PhonePe and Google Pay dominate 80%+ market share, but BHIM 3.0 and RBI CBDC are shaking things up. The new RBI mandate on UPI-Activate links broke scammers' biggest exploit in 2025. Cross-border UPI (with Singapore, UAE, Sri Lanka) processed ₹14,000 cr in Q1 2026 — 4× growth YoY. What this means for you: small merchants save ~₹50,000/year on payment processing vs cards. If you've been to a chai stall in India in the last year, you've probably paid with UPI. The stall owner has a QR code. So does the auto driver. So does your landlord. Here's the thing about tha...

SIM Card Rule 2026: DoT Caps Mobile Connections at 9 Per Person — What Changes From August 24, 2026 Last updated: August 30, 2026 — The Department of Telecommunications (DoT) has rolled out a hard cap on mobile connections per individual. From August 24, 2026, you can hold a maximum of nine mobile connections in your name across India. Operators have until November 30, 2026 to switch from post-facto checks to real-time verification. Image: SIM Card Rule 2026: DoT Caps Mobile Connections at 9 Per Person — What Changes F Source: Bing Images (educational use) Photo: Free Press Journal TL;DR The DoT has told telecom operators (telcos) to identify customers who already hold the maximum permitted mobile connections and stop issuing new SIMs to them. Cap: nine mobile connections per individual across all operators and Licensed Service Areas (LSAs). Lower cap (6 connections): Jammu & Kashmir, Assam, and the North-East. Cutover: post-facto checks from August 24, 2...

India Bets ₹10,000+ Crore on Sovereign AI in 2026 — But Who Wins, and Who Pays? Last updated: 2026-08-29 | Reading time: 12 minutes | Category: AI Infrastructure Last updated: 2026-08-29 | Reading time: 12 minutes | Category: AI Infrastructure Image: India Bets ₹10,000+ Crore on Sovereign AI in 2026 — But Who Wins, and Who Pays? Source: Bing Images (educational use) *Photo by Taylor Vick / Unsplash (free use)* TL;DR India announced ₹10,372 crore ($1.24 Bn) IndiaAI Mission in March 2024 to build sovereign AI compute, models, and applications. As of mid-2026, ~38,000 GPUs have been commissioned across three national compute clusters, with Reliance Jio, Yotta, and E2E Networks as the main operators. Sarvam AI raised India's largest AI Series B at $1.5 Bn valuation in August 2026 — first sovereign-AI company at unicorn scale. 7 of the top 10 Indian IT services firms now have dedicated sovereign-AI practices. Hiring for AI engineers is up 4× YoY. AdaniCon...

IndiGo's ₹15,000-Crore Bet on a Sarvam India: Why an Airline is Writing the Country's Next Sovereign AI Check By Aaditya Labs · Published Aug 29, 2026 · 12-minute read · Indian AI / SaaS Photo by Daniel Klein on Unsplash (Unsplash License) On Friday evening, August 28, 2026, IndiGo — India's largest airline by passengers carried, with more than 6,400 weekly departures and a roughly 60% domestic market share — quietly made one of the more unusual corporate-venture moves of the year. Its in-house CVC arm, IndiGo Ventures, wrote a check into sovereign AI company Sarvam AI's Series B round ( Indian Television, Aug 29, 2026 ). The same round that, just weeks earlier in August, had Nvidia join as an extension that closed the financing at roughly USD 300 million and a valuation of about USD 1.5 billion ( YourStory, Aug 28, 2026 — TIME100 AI 2026 feature ). Image: IndiGo's ₹15,000-Crore Bet on a Sarvam India: Why an Airline is Writing the Coun Sou...

Jio Platforms' ₹37,700 Crore IPO Just Got SEBI's Green Light — And Three Things India Needs to Know Before Bidding Day By Aaditya Labs · Published Aug 29, 2026 · 11-minute read · Indian Tech IPOs Image: Jio Platforms' ₹37,700 Crore IPO Just Got SEBI's Green Light — And Thr Source: Bing Images (educational use) By Aaditya Labs · Published Aug 29, 2026 · 11-minute read · Indian Tech IPOs Photo by Maxim Hopman on Unsplash (Unsplash License) On the evening of Friday, August 28, 2026, the Securities and Exchange Board of India quietly did what the country's biggest conglomerate had been waiting five years for. SEBI issued its observation letter on Jio Platforms Limited's Draft Red Herring Prospectus, clearing the way for what will — by issue size alone — be the largest IPO in Indian stock-market history. Reliance Industries notified the exchanges the same day: “Jio Platforms Limited (JPL), subsidiary of the Company, has today, ...