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Applied Materials Commits $5 Bn To Boost India's Semiconductor Ecosystem

India, Sept. 17 -- US-based semiconductor equipment and materials-engineering company Applied Materials has announced a $5 Bn (Rs.47,980.8 Cr) investment commitment as part of its Applied Materials In... Read More


Aakash Trims FY26 Loss By 16% To Rs.186.5 Cr, Top Line Flat At Rs.2,040 Cr

India, Sept. 17 -- Gurugram-based test-prep major Aakash Educational Services Ltd (AESL) managed to narrow its net loss for the financial year FY26 by 15.5% to Rs.186.5 Cr from Rs.220.8 Cr loss incurr... Read More


Lendingkart Finance Cuts Q1 FY27 Loss By 62% To Rs.32.4 Cr, Revenue Halves YoY

India, Sept. 16 -- Fintech startup Lendingkart's NBFC arm Lendingkart Finance has managed to trim its loss by 62% to Rs.32.4 Cr for the quarter ended June 30, 2026 (Q1 FY27) from the Rs.84.8 Cr loss i... Read More


VerifAIX Bags $5 Mn To Scale AI-Based Chip Verification Platform

India, Sept. 16 -- AI-native semiconductor verification startup VerifAIX has raised $5 Mn (about Rs.48 Cr) in a seed funding round co-led by Endiya Partners and Bluehill VC. The round marks VerifAIX'... Read More


CCPA Penalises Rapido Over 'Advanced Tipping' Prompts

India, Sept. 15 -- The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs.10 Lakh on ride unicorn Rapido for misleading advertisements, unfair trade practices, unfair contract an... Read More


Rebel Foods Cuts FY26 Loss By 16% To Rs.282 Cr, Revenue Jumps 21%

India, Sept. 15 -- Foodtech unicorn Rebel Foods managed to cut its net loss for the fiscal year FY26 by 16.3% to Rs.281.8 Cr from Rs.336.6 Cr in the previous fiscal. Operating revenue rose 20.7% to R... Read More


Moneyview Cuts IPO Size After SEBI Nod, Halves Fresh Issue Component To Rs.750 Cr

India, Sept. 14 -- Fintech unicorn Moneyview has trimmed the size of its initial public offering (IPO) significantly a couple of months after the markets regulator SEBI greenlit the issue. In a public... Read More


[Update] RentoMojo IPO Ends With 72.88X Subscription, QIB Portion Booked 177X

India, Sept. 11 -- Update | September 11, 2026, 18:05 IST Furniture and appliance rental startup RentoMojo's IPO closed with an overall subscription of 72.88X on the final day of bidding today. The ... Read More


GFF 2026: NPCI Unveils Unified Ticketing, Takes RuPay Credit Card On UPI To US, UAE

India, Sept. 11 -- Adding to the spree of UPI launches at the Global Fintech Festival (GFF) 2026 in Mumbai, Reserve Bank of India (RBI) executive director Gunveer Singh introduced a comprehensive suit... Read More


Exclusive: Ultraviolette To Raise Rs.373 Cr As Manufacturing Facility BIGGA Takes Shape

India, Sept. 11 -- Electric two-wheeler (E2W) maker Ultraviolette Automotive is set to raise an additional Rs.373.04 Cr as part of its ongoing Series E funding round from investors Yali Capital, TDK V... Read More