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Swiggy Opens QIP, Sets Floor Price At INR 390.51 Per Share

India, Dec. 9 -- A day after receiving shareholder nod, consumer services major Swiggy has opened its INR 10,000 Cr ($1.2 Bn) qualified institutional placement (QIP) for subscription. The floor price ... Read More


Exclusive: Kunal Shah-Backed GenWise Shuts Down Operations

India, Dec. 9 -- Z47-backed GenWise, the lifestyle app built for India's senior citizens, has shut down its operations. The startup, which had a team of around 20 employees, has laid off most of its ... Read More


PhysicsWallah Back In The Black, Posts INR 70 Cr PAT In Q2 FY26

India, Dec. 8 -- Listed edtech major PhysicsWallah's net profit for Q2 FY26 zoomed 69% to INR 69.7 Cr from INR 41.1 Cr in the same quarter previous year. Sequentially, the company rebounded from the ... Read More


PhysicsWallah Back In The Black, Post INR 85 Cr In Q2 FY26

India, Dec. 8 -- Listed edtech major PhysicsWallah's net profit for Q2 FY26 increased 5% to INR 89.1 Cr from INR 84.8 Cr in the same quarter previous year. Sequentially, the company rebounded from th... Read More


Virat Kohli To Sell One8 to Agilitas, Invests INR 40 Cr

India, Dec. 8 -- Indian cricketer Virat Kohli is set to sell his lifestyle brand, One8, to sportswear startup Agilitas. Alongside the sale, Kohli is also doubling down on the startup with an additiona... Read More


Snapdeal Parent AceVector Trims H1 FY26 Loss By 80% To INR 22.5 Cr

India, Dec. 6 -- Snapdeal parent AceVector Group's consolidated net loss in the first half of FY26 (H1 FY26) declined 80% to INR 22.5 Cr from INR 110.4 Cr in the same period last year. Its operating ... Read More


OneCard Under RBI Scanner; New Card Issuance Suspended Across Banks

India, Dec. 6 -- In what is a major setback for fintech unicorn OneCard, the Reserve Bank of India (RBI) has reportedly asked all its partner banks to stop issuing co-branded credit cards with the sta... Read More


RBI Clears Fino Payments Bank's Conversion Into Small Finance Bank

India, Dec. 5 -- Fino Payments Bank has received in-principle approval from the Reserve Bank of India (RBI) to convert into a small finance bank (SFB). Under RBI's "on-tap" licensing rules, a payment... Read More


Cloudflare Outage Disrupts Trading On Groww, Zerodha, Angel One

India, Dec. 5 -- Several Indian broking platforms, including Zerodha, Angel One, Groww and Upstox, went offline during the trading hours today, as internet services company Cloudflare suffered yet ano... Read More


upGrad Halves FY25 Loss To INR 273.7 Cr, Revenue Up 6%

India, Dec. 4 -- Edtech major upGrad slashed its net loss by more than 51% to INR 273.7 Cr in FY25 from INR 559.8 Cr loss incurred in the previous fiscal. The startup's shrinking losses came on the ba... Read More