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Delhivery To Foray Into Fintech With New Subsidiary

India, Nov. 5 -- Alongside disclosing its financial performance for Q2 FY26, logistics major Delhivery announced its plans to foray into the fintech segment today. Its board has considered and approve... Read More


IPO-Bound PhysicsWallah's Q1 Loss Increases 78% To INR 125.5 Cr

India, Nov. 5 -- IPO-bound edtech major PhysicsWallah (PW) reported a net loss of INR 125.5 Cr in the first quarter of fiscal year ending March 2026 (Q1 FY26), widening 78% from INR 70.6 Cr in the sam... Read More


CoinSwitch's FY25 Loss More Than Doubles To $37.6 Mn

India, Nov. 5 -- Crypto exchange CoinSwitch's Singapore-based parent entity Chain Labs Pvt Ltd's net loss for the fiscal year ending March 2025 (FY25) widened 108% YoY to $37.6 Mn (INR 333.1 Cr) from ... Read More


CoinSwitch Parent's FY25 Loss More Than Doubles To $37.6 Mn

India, Nov. 5 -- Crypto exchange CoinSwitch's Singapore-based parent entity Chain Labs Pvt Ltd's net loss for the fiscal year ending March 2025 (FY25) widened 108% YoY to $37.6 Mn (INR 333.1 Cr) from ... Read More


A91 Partners Invests INR 300 Cr In Modular Furniture Maker Spacewood

India, Nov. 5 -- Nagpur-based modular furniture company Spacewood Furnishers has raised INR 300 Cr (about $33.8 Mn) from A91 Partners, valuing the company at around INR 1,200 Cr (about $135.3 Mn). Th... Read More


TCC Concept To Acquire Pepperfry For INR 662 Cr By Year-End

India, Nov. 4 -- BSE-listed TCC Concept's board has approved the acquisition of a 98.98% stake in online furniture marketplace Pepperfry for about INR 661.47 Cr. According to an exchange filing, the d... Read More


Exclusive: Porter Lays Off Over 350 Employees

India, Nov. 4 -- Months after raising $200 Mn at a unicorn valuation, logistics startup Porter has laid off over 350 employees in a restructuring exercise, sources told Inc42. The exercise, which imp... Read More


Karnataka Sets Aside INR 600 Cr To Bolster Deeptech, AI Innovation

India, Nov. 3 -- The Karnataka government has announced an INR 600 Cr plan to back entrepreneurs building technologies in areas of artificial intelligence (AI), machine learning (ML), quantum computin... Read More


Info Edge To Infuse INR 100 Cr In Investment Arm Redstart Labs

India, Nov. 3 -- Info Edge's board has approved an investment of INR 100 Cr in its wholly owned subsidiary, Redstart Labs to meet Redstart's capital needs, fund potential investments and cover general... Read More


Shiprocket Gets SEBI Nod For Its IPO

India, Nov. 3 -- Delhi NCR-based logistics aggregator Shiprocket has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). Accord... Read More