Manipur / inc42
Indias direct-to-consumer (D2C) market, which is projected to reach $300 Bn by 2030, has grown exponentially in the last few
Shares of CarTrade rallied more than 13% to reach a fresh 52-week high at INR 1,336.40 apiece on the BSE
Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan has reportedly said that the Centre plans to extend the
Cloud kitchen startup Biryani By Kilo has raised about $2 Mn (INR 16.5 Cr) from Dubai-based investment firm Pulsar Capital,
In a major blow to WhatsApp, the Competition Commission of India (CCI) has slapped a penalty of INR 213.14 Cr
Gaming major Nazara Technologies reported a consolidated net profit of INR 16.24 Cr in the September quarter of the ongoing
D2C brand Mamaearths parent Honasa Consumer slipped into the red in the quarter ended September 2024 (Q2 FY25), posting a
Nasdaq-listed self-driving car marketplace Zoomcar trimmed its consolidated net loss by 72.9% to $3.35 Mn in the September quarter of
On the back of cost cutting measures across the board, ride hailing giant Rapido trimmed its losses by more than
Fintech SaaS company Zaggle posted a 167.67% jump in its consolidated profit after tax (PAT) to INR 20.29 Cr in
Drone company DroneAcharya Aerial Innovations consolidated profit after tax (PAT) plunged 62.1% to INR 1.50 Cr during the six months
Beauty and fashion ecommerce major Nykaas consolidated net profit surged 66.3% to INR 12.97 Cr in the second quarter of
B2B travel portal TBO Tek, or Travel Boutique Online, reported a 7% increase in its consolidated net profit to INR
Update | Tuesday, 2:30 PM Payments infrastructure company Infibeam Avenues saw an increase of 16.7% in its consolidated profit after
Ecommerce SaaS company Unicommerce has acquired a 42.7% stake in ecommerce shipping solutions provider Shipway for INR 68.4 Cr to
Shares of market intelligence platform Tracxn slumped as much as 5.4% to INR 77.20 apiece during the intraday trading today
Traveltech SaaS company RateGains consolidated profit after tax (PAT) zoomed 74% to INR 52.2 Cr in the quarter ended September
Drone technology company ideaForge has expanded its employee stock option plan (ESOP) pool by allotting additional equity shares under its
Shares of EV manufacturer Ola Electric zoomed 6.6% to INR 77.59 apiece during the intraday trading today (November 11) on
Bhavish Aggarwal-led electric mobility startup Ola Electric managed to narrow its consolidated net loss by 5.5% to INR 495 Cr
Market intelligence platform Tracxn Technologies slipped into the red in the quarter ended September 2024, posting a net loss of
Geotech company MapmyIndias consolidated profit after tax (PAT) declined 8% to INR 30.35 Cr in the September quarter of fiscal
Audio products and smartwatch maker boAt saw its consolidated operating revenue fall over 7% to INR 3,117.7 Cr in the
SaaS cybersecurity startup TAC Infosec reported a sharp jump in its consolidated net profit in the first half (H1) of
Shares of PB Fintech jumped as much as 3.2% during the intraday trading today (November 6) to INR 1,694.30 apiece
Shares of online auto auction platform CarTrade surged as much as 2.6% to touch a fresh 52-week high of INR
By 2030, the global semiconductor market is expected to be worth a trillion dollars, thanks to developments in electronics, artificial
Indian startups continued to buy back employee stock options in 2024, as part of their efforts to reward employees amid
Amazon Indias wholesale arm, Amazon Wholesale (India) Pvt Ltd, managed to trim its losses 34% in the financial year 2023-24
Amazon Pay India, the digital payments arm of Amazon, slashed its losses by nearly 39% to INR 911 Cr in
A day after announcing a loss making quarter, share prices of dronetech company ideaforge slipped about 10% to a 52
Its the season of spring for startup IPOs. After a lull in IPOs in 2022 and 2023 due to geopolitical
Drone manufacturer ideaForge reported a consolidated net loss of INR 13.7 Cr in the quarter ending September 2024 (Q2) as
Marketplace arm of Flipkart, Flipkart Internets revenue grew 21% year-on-year (YoY) to INR 17,907.3 Cr for the financial year 2023-24
Bengaluru-based healthtech startup Healthify (formerly HealthifyMe) has raised an additional $20 Mn to close its Pre-Series D round at $45
A total of 43 founders of 24 Indian new-age tech companies took home INR 201.7 Cr in cumulative annual salary
Shares of Fino Payments Bank plummeted almost 7% to INR 362.10 apiece on the BSE in early trading hours today
Delhi NCR-based logistics unicorn Shiprockets operating revenue jumped 20.8% to INR 1,316 Cr in the financial year ending on March
M-League, the parent of gaming unicorn Mobile Premier League (MPL), said its operating revenue jumped 22% to $127.9 Mn in
Mumbai-based D2C lifestyle brand Zouk has secured $10 Mn (around INR 84 Cr) in a Series B funding round led
Foodtech major Zomato today (October 22) granted nearly 20 Lakh equity shares to eligible employees under various employee stock option
AI cloud and platform-as-a-service startup Neysa has secured $30 Mn (around INR 252 Cr) in a Series A funding round
Fintech major PhonePe narrowed its consolidated net loss by 28% to INR 1,996 Cr in the financial year 2023-24 (FY24)
Bengaluru based fintech company Groww Invest Tech, which operates online stock broking giant Groww, has reported 119% growth in its
Dairy tech startup Stellapps Technologies has secured Series C funding of $26 Mn (around INR 218.5 Cr) in a mix
The worlds third largest startup ecosystem has been in the midst of a raging funding winter for a couple of
The Indian fashion market was somewhat in a pickle in the first half of the ongoing year due to subdued
Kolkata-based fast food chain Wow! Momo is reportedly looking to surpass the INR 600 Cr revenue mark in the financial
AI-driven accounting and bookkeeping platform provider Febi.ai has raised $2 Mn (about INR 16.8 Cr) in its pre-Series A funding
The Telecom Regulatory Authority of India (TRAI) has said that over 10,000 business entities have so far whitelisted more than