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Zupee Turns Profitable, Posts INR 146 Cr PAT In FY24

India, April 22 -- Real-money gaming platform Zupee turned profitable in FY24, marking its first full year of profitability since inception in 2018. The startup claimed that it posted a profit after ... Read More


IPO-Bound Ather Trims Loss By Over 25% In First Nine Months Of FY24

India, April 22 -- IPO-bound EV major Ather Energy managed to reduce its net loss for the nine-months ended December 2024 by 25.56% to INR 577.9 Cr from INR 776.4 Cr in the year-ago period. The compa... Read More


IPO-Bound Ather Trims Loss By Over 25% In First Nine Months Of FY25

India, April 22 -- IPO-bound EV major Ather Energy managed to reduce its net loss for the nine-months ended December 2024 by 25.56% to INR 577.9 Cr from INR 776.4 Cr in the year-ago period. The compa... Read More


70% Of Unacademy's Offline Centres To Turn Profitable In 2025: CEO Gaurav Munjal

India, April 21 -- Amid the ongoing slowdown in the country's edtech sector, Unacademy cofounder and CEO Gaurav Munjal has claimed that 70% of the startup's offline centres are on track to turn profit... Read More


Zomato's Platform Fees, Delivery Charges Not Unfair Or Discriminatory: CCI

India, April 21 -- The Competition Commission of India (CCI) has ruled that platform fees, food prices and delivery charges levied by the foodtech major Zomato do not amount to unfair or discriminator... Read More


TBO Tek Shares Recover Losses, Rally 9%

India, April 21 -- After taking a beating for most of this year and giving a negative return of over 36% YTD to its investors, shares of listed travel tech company TBO Tek surged 8.64% to reach INR 1,... Read More


Tesla Urges India For Key Components In Global Supply Chain Expansion: Report

India, April 21 -- In a bid to diversify sourcing beyond China and leverage India's semiconductor capabilities, global EV manufacturer Tesla is planning procurement options from US memory chip maker M... Read More


ITC To Increase Stake To 100% In Mother Sparsh

India, April 18 -- FMCG major ITC will be acquiring an additional 73.5% stake in Mother Sparsh Baby Care, making the D2C natural baby care brand its wholly-owned subsidiary. ITC will be picking up th... Read More


NPCI Plans New Feature To Let Users Save UPI IDs On Merchant Platforms

India, April 18 -- The National Payments Corporation of India (NPCI) is reportedly considering a new feature for Unified Payments Interface (UPI) called "UPI Meta," which would allow customers to save... Read More


IPO-Bound PhonePe Converts Into Public Entity

India, April 18 -- Walmart-owned PhonePe has converted into a public company, marking a major step in preparation for its initial public offering (IPO). As per its regulatory filing, the startup got ... Read More