• Startup Pulse
    Bijnis rebrands as Zorit and raises nearly ₹27 crore in funding led by Sparrow Capital, with Info Edge, WaterBridge, Better Capital and other investors participating. Kalyani Steels names Amit Kalyani as Chairman, effective close of business on 28 October, succeeding Dr. Babasaheb Kalyani, who chaired the company since its incorporation. Let's Game Now raises ₹30 crore in funding backed by Anand Mahindra, Bestvantage Investments and a UAE family office to develop the Indian Super Gaming League. Info Edge MD and CEO Hitesh Oberoi will leave his executive role on 2 December; founder Sanjeev Bikhchandani becomes executive vice chairman, MD and group CEO from 3 December, subject to shareholder approval. Vama raises ₹19.03 crore in ongoing pre-Series A funding led by Writers and Publishers Private Limited (Dainik Bhaskar family office). Bijnis rebrands as Zorit and raises nearly ₹27 crore in funding led by Sparrow Capital, with Info Edge, WaterBridge, Better Capital and other investors participating. Kalyani Steels names Amit Kalyani as Chairman, effective close of business on 28 October, succeeding Dr. Babasaheb Kalyani, who chaired the company since its incorporation. Let's Game Now raises ₹30 crore in funding backed by Anand Mahindra, Bestvantage Investments and a UAE family office to develop the Indian Super Gaming League. Info Edge MD and CEO Hitesh Oberoi will leave his executive role on 2 December; founder Sanjeev Bikhchandani becomes executive vice chairman, MD and group CEO from 3 December, subject to shareholder approval. Vama raises ₹19.03 crore in ongoing pre-Series A funding led by Writers and Publishers Private Limited (Dainik Bhaskar family office).
  • KPIT Q2FY26 Results: 7.9 Per Cent Revenue Growth and USD 232 Million in Fresh Engagements

    KPIT Q2FY26

    Pune: KPIT Technologies Ltd (NSE: KPITTECH, BSE: 542651), a global leader in mobility software and AI-driven vehicle technologies, announced strong performance in Q2FY26, marking its 21st consecutive quarter of growth (KPIT Q2FY26).

    The company achieved a 7.9% year-on-year revenue growth and reported an EBITDA margin of 21.1%, supported by robust client demand and new strategic engagements.

    During the KPIT Q2FY26 period, revenues reached $181 million, representing 4.4% YoY growth in USD terms and 1.8% quarter-on-quarter (QoQ) growth.

    The company’s EBITDA margin expanded to 21.1%, with YoY EBITDA growth of 9.4% and QoQ growth of 3.5%.

    Also Read: KPIT Technologies Acquires N-Dream to Shape the Future of In-Car Digital Experiences

    Earnings before interest and taxes (EBIT) stood at 16.4%, while the total contract value (TCV) of new deals closed during the quarter amounted to $232 million, underscoring client confidence in KPIT’s technology and delivery capabilities.

    KPIT Q2FY26: Strong Financial Performance

    KPIT announced a long-term, multi-million-dollar partnership with a leading European OEM group, focused on accelerating the rollout of next-generation mobility technologies.

    The engagement spans across Infotainment, Propulsion, Vehicle Engineering, Body & Chassis, Middleware, and Cloud domains.

    KPIT’s suite of platforms, tools, accelerators, and AI-powered enhancements will play a pivotal role in driving software-defined vehicle (SDV) transformation with enhanced speed, scale, and efficiency.

    Kishor Patil, Co-founder, CEO, and MD of KPIT Technologies, stated: “Despite global uncertainties, optimism is returning to the mobility ecosystem. Strategic investments, including the Caresoft acquisition and increased stakes in NDream and helm.ai, are strengthening our foundation. As the industry transitions to software-defined vehicles, our focus on AI-driven solutions positions us to lead this transformation.”

    He further added that KPIT’s deep investments in AI-led technologies, mobility adjacencies, and new markets will ensure sustainable growth in the medium term, expressing confidence in a stronger H2 and a promising FY27.

    Also Read: KPIT Software Engineering Center Launched in Tunisia to Drive Mobility Innovation

    KPIT Q2FY26: Strategic European OEM Engagement to Accelerate Next-Gen Mobility

    Sachin Tikekar, Co-founder and Joint MD, added: “Our client partnerships continue to strengthen as we help OEMs navigate an evolving landscape. By consolidating acquisitions and investing in talent and AI upskilling, we’re moving from a services model to delivering complete mobility solutions. This approach has already begun paying off with new strategic wins and expanded collaborations.”

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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