Noida-based edtech firm Physics Wallah will launch a ₹3,480-crore IPO, according to the Red Herring Prospectus (RHP). The issue includes a fresh issue of shares worth ₹3,100 crore and a ₹380-crore offer for sale. The anchor round opens on November 10, followed by the public offer from November 11-13. Allotment is expected on November 14, with listing on November 18.

ChrysCapital, India’s largest homegrown private equity firm, has closed its tenth fund, ChrysCapital X, at a record $2.2 billion—the biggest India-focused PE fund ever raised. Founded by Ashish Dhawan and led by Kunal Shroff, the firm plans to invest in consumer, healthcare, financial services, and tech sectors, reflecting strong global confidence in India’s growth story.

OpenAI has launched its Sora app for Android, allowing users to create videos directly from text prompts. The app supports multiple styles, including realistic, animated, and cinematic visuals. A 'Cameo' mode lets users add themselves or friends into clips. While powerful, experts warn it could fuel deepfakes, prompting OpenAI to develop stronger detection tools.

Bengaluru-based logistics start-up Porter has laid off around 300-350 employees, roughly 18% of its workforce, in a restructuring move, reports said. Affected employees will receive severance pay, extended health coverage, and career transition support, they added. The move comes as the company looks to merge its truck and two-wheeler delivery units to eliminate redundancies.

An Indian-origin techie recently posted about the office atmosphere at xAI, Elon Musk's artificial intelligence startup. "The vibe at xAI office in Palo Alto is quite unique. Incredible amount of intensity with 0 toxicity or politics," Ayush Jaiswal, who is presently associated with Grok, wrote. "That is awesome, has to be an incredible place to work," a person commented.

Legal tech startup TrialView, founded by Stephen Dowling, has raised $4.1 million in fresh funding led by Elkstone Ventures. The profitable company, trusted by 15 of the UK’s top 20 law firms, will use the funds to enhance its AI-driven litigation tools and expand into the US, Singapore, and Australia, marking a major step in its global growth journey.

Ran Harpaz’s Lettuce Financial has raised $28 million and acquired healthcare startup Besolo to build a unified AI-powered platform for solopreneurs. The fintech aims to simplify taxes, payroll, banking, healthcare, and retirement under one system. Backed by Zeev Ventures, Lettuce is expanding its mission to empower the fast-growing solo economy with smarter financial tools.

Indian beauty-tech brand Protouch has raised $2 million in pre-Series A funding led by GVFL, valuing it at $10 million. Founded by Tanisha Lakhani, the brand offers India-specific beauty appliances and plans to boost R&D, expand distribution, and set up local manufacturing under 'Make in India'. Protouch is growing profitably across India and the Middle East.

Paytm-parent One 97 Communications saw its net profit dip by a massive 98% YoY in the July-September 2025 period from ₹930 crore to ₹21 crore. This comes despite the company's revenue from operations rising 24% YoY from ₹1,660 crore in July-September 2024 to ₹2,061 crore in July-September 2025. One 97's EBITDA rose from -₹404 crore to ₹142 crore.

A special court has ordered former stockbroker Ketan Parekh to deposit around ₹27 crore with SEBI to be able to travel to Thailand and the UAE. Earlier, his plea to travel across multiple countries for four months was rejected. SEBI banned 22 entities, including Parekh, from the markets earlier this year over an alleged front-running scam.