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IPO-Bound Fractal In The Black, Posts INR 22 Cr Profit In FY25

India, Aug. 13 -- IPO-bound Fractal turned profitable in the financial year 2024-2025 (FY25). The AI-powered SaaS startup reported a consolidated net profit of INR 22 Cr in the fiscal year under revie... Read More


IPO-Bound Fractal In The Black, Posts INR 220 Cr Profit In FY25

India, Aug. 13 -- IPO-bound Fractal turned profitable in the financial year 2024-2025 (FY25). The AI-powered SaaS startup reported a consolidated net profit of INR 220 Cr in the fiscal year under revi... Read More


Olee Space Mops Up $3 Mn To Power India's Laser-Based Quantum Communication

India, Aug. 13 -- Pune-based defence tech startup Olee Space has raised $3 Mn in seed funding from domestic and international investors, including Rockstud Capital. Founded in 2023 by IIT Bombay alum... Read More


Olee Space Mops Up $3 Mn To Power Laser-Based Communication Systems

India, Aug. 13 -- Pune-based defence tech startup Olee Space has raised $3 Mn in seed funding from domestic and international investors, including Rockstud Capital. Founded in 2023 by IIT Bombay alum... Read More


BlueStone IPO: Issue Subscribed 43% On Day 2 So Far

India, Aug. 12 -- After ending the first day of its IPO with an overall subscription of 39%, driven primarily by qualified institutional buyers (QIBs) and retail investors, omnichannel jewellery brand... Read More


TDK Powers Ultraviolette's Global Ambitions With $21 Mn Bet

India, Aug. 12 -- Electric two-wheeler maker Ultraviolette Automotive has secured an equity investment of $21 Mn (around INR 184 Cr) in a round led by TDK Ventures, the venture capital arm of Tokyo-ba... Read More


[Update] BlueStone IPO: Issue Subscribed 65% On Day 2

India, Aug. 12 -- Update | August 12, 20:02 The IPO of omnichannel jewellery brand BlueStone was subscribed 65% at the end of the second day of bidding. According to the BSE data, the public issue re... Read More


Pixxel-Led Consortium To Build India's First Commercial Satellite Network

India, Aug. 12 -- The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has selected PixxelSpace India-led consortium to design, build and operate India's first fully indigenous comm... Read More


Smartworks Q1: Loss Narrows 82% YoY To INR 4.2 Cr

India, Aug. 12 -- Recently listed Smartworks' consolidated net loss narrowed 82% to INR 4.2 Cr in Q1 FY26 from INR 23 Cr in the same quarter a year ago on the back of growth in its top line and improv... Read More


AI Entertainment Startup Dashverse Bags $13 Mn From Peak XV Partners, Others

India, Aug. 12 -- AI entertainment startup Dashverse has raised $13 Mn (around INR 108.3 Cr) in a Series A funding round led by Peak XV Partners, with participation from existing investors Z47 and Ste... Read More