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PayU India FY25: Loss Down 42% YoY To INR 248 Cr, Top Line Zooms 23%

India, Sept. 11 -- Prosus-owned fintech major PayU India managed to cut its net loss by 42% to INR 248.1 Cr in FY25 from INR 429.5 Cr in the previous fiscal, on the back of strong business growth and ... Read More


RMG Ban Effect: UPI Gaming Transactions Fall By Over 25% In August

India, Sept. 8 -- The crackdown on real money gaming (RMG) has sent shockwaves across key sectors and industries in India, including a dent on UPI numbers. According to NPCI data, the "Digital Goods:... Read More


New-Age Tech Stocks Soar on Market Momentum; MobiKwik, RateGain Lead The Rally

India, Sept. 7 -- New-age tech stocks surged this week on the back of a rally in the broader Indian equities market. Eleven out of the 36 new-age tech stocks under Inc42's coverage touched fresh highs... Read More


PhysicsWallah FY25: Loss Down 78% To INR 243 Cr, Revenue Nears INR 3,000 Cr Mark

India, Sept. 7 -- In the run up to its IPO, edtech major PhysicsWallah (PW) managed to narrow its consolidated net loss by 78% to INR 243.3 Cr in FY25 from INR 1,131.1 Cr in the previous fiscal year. ... Read More


From CityMall To FirstClub - Indian Startups Raised $186 Mn This Week

India, Sept. 6 -- After showing signs of recovery in the final week of August, Indian startup funding surged further in the first week of September. Twenty startups cumulatively raised $186.1 Mn in th... Read More


OYO Retains Profitability In FY25 On Deferred Tax Gain, Changes Corporate Identity

India, Sept. 5 -- Hospitality major OYO, which is making preparations for filing its DRHP, posted a net profit of INR 244.8 Cr in FY25, up 7% from INR 229.6 Cr in its maiden profitable year in FY24. ... Read More


Reveal Healthtech Raises $7.2 Mn To Boost AI-Led Clinical Solutions

India, Sept. 4 -- AI-driven healthcare platform Reveal Healthtech has raised $7.2 Mn (around INR 63 Cr) in Series A funding round led by Leo Capital with participation from Sanos Capital. Founded in ... Read More


BlueStone Q1: Loss Narrows 41% YoY To INR 35 Cr

India, Sept. 4 -- In its first financial disclosure after becoming a listed entity, jewellery brand BlueStone reported a 41% decline in its consolidated net loss to INR 34.7 Cr in Q1 FY26 from INR 59.... Read More


Flipkart Plans AI-Powered Facelift Ahead Of Festive Sale

India, Sept. 2 -- Ahead of its annual festive shopping event "Flipkart Big Billion Days", the Walmart-owned ecommerce major has introduced a slew of changes to its platform. During its Flipkart Tech D... Read More


Urban Company Files INR 1,900 Cr IPO Papers; Boosts Fresh Issue Size

India, Sept. 2 -- Just hours after receiving SEBI's official go-ahead, consumer services unicorn Urban Company filed its red herring prospectus (RHP) for a INR 1,900 Cr IPO. The startup's public offe... Read More