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IPO-Bound SEDEMAC's FY25 Profit Jumps 8X To INR 47 Cr

India, Nov. 15 -- IPO-bound deeptech startup SEDEMAC Mechatronics reported about 8X rise in its consolidated net profit to INR 47 Cr in FY25 from INR 5.9 Cr in the previous fiscal year. Operating rev... Read More


Zelio E-Mobility H1 Profit Jumps 69% YoY To INR 11.8 Cr

India, Nov. 14 -- BSE SME-listed electric vehicle (EV) manufacturer Zelio E-Mobility's standalone profit for the first half (H1) of FY26 jumped 69% to INR 11.8 Cr from INR 7 Cr in the year-ago period.... Read More


Exclusive: NCLT Sends Log9 Into Insolvency After INR 6.7 Cr Default

India, Nov. 14 -- The Bengaluru bench of the National Company Law Tribunal (NCLT) has admitted battery tech startup Log9 Materials and its subsidiary Log9 Mobility into insolvency, marking the downfal... Read More


Capillary Technologies Raises INR 394 Cr From Anchor Investors

India, Nov. 13 -- Ahead of the commencement of the bidding for its public issue on November 14, SaaS major Capillary Technologies raised INR 393.9 Cr from anchor investors. These investors subscribed ... Read More


Veefin H1: Profit Doubles YoY To INR 8 Cr

India, Nov. 13 -- BSE SME-listed Veefin Solutions net profit for the first half (H1) of FY26 zoomed 100% to INR 8.2 Cr from INR 4.1 Cr reported in the year-ago period. Sequentially, net profit decline... Read More


Pine Labs IPO: Peak XV Mints 39.5X Return, Lightspeed Books Loss

India, Nov. 13 -- Peak XV Partners raked in one of its biggest public market windfalls this year through its partial exit from Pine Labs. The venture capital (VC) firm offloaded a little over 2.3 Cr s... Read More


PokerBaazi Writeoff Drags Nazara To INR 34 Cr Loss In Q2

India, Nov. 12 -- Gaming company Nazara Technologies plunged into the red in Q2 FY26, posting a net loss of INR 33.9 Cr against a net profit of INR 16.2 Cr in the year-ago quarter. In the previous qua... Read More


PokerBaazi Fallout Drags Nazara To INR 34 Cr Loss In Q2

India, Nov. 12 -- Gaming company Nazara Technologies plunged into the red in Q2 FY26, posting a net loss of INR 33.9 Cr against a net profit of INR 16.2 Cr in the year-ago quarter. In the previous qua... Read More


Pine Labs Receives Three Key RBI Payment Licences Ahead Of IPO

India, Nov. 12 -- IPO-bound fintech major Pine Labs has secured all three key payment licences from the Reserve Bank of India (RBI), allowing it to operate across the full range of digital payment ser... Read More


[Update] CarTrade In Talks To Acquire CarDekho's Auto Classifieds Business

India, Nov. 11 -- Update | November 11, 11: 15 IST Listed auto classified platform CarTrade has confimred that it is in talks with Girnar Software, the parent entity of CarDekho, for a potential acqu... Read More