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Meta's Zuck Apologises, PB Fintech Roars In Q1 & More

India, Aug. 6 -- Meta In Choppy Waters After being pulled up by the Centre over content moderation lapses, including the recent removal of PM Narendra Modi's Facebook video, Meta CEO Mark Zuckerberg ... Read More


Govt Disburses Rs.276 Cr To Set Up Four AI Centres Of Excellence

India, Aug. 6 -- Minister of state (MoS) for education Sukanta Majumdar yesterday informed the Parliament that the Union government has so far disbursed funds totalling Rs.276.1 Cr to establish four n... Read More


Skyroot Invites Bids To Raise $200 Mn At A Valuation Of $2 Bn

India, Aug. 6 -- Barely three months after raising $60 Mn at a unicorn valuation, spacetech giant Skyroot Aerospace is back in the market for fresh capital. Sources told Moneycontrol that the startup... Read More


Govt Operationalises New Framework To Spur Ecommerce Exports

India, Aug. 6 -- More than a week after exempting B2B ecommerce exports from foreign direct investment (FDI) rules, the government has now notified the new norms to enable online marketplaces to expor... Read More


Nykaa's Q1 Snapshot, Klassroom Wraps Up IPO & More

India, Aug. 5 -- Nykaa's Stellar Q1 Nykaa fired on all cylinders in Q1. The quarter saw the beauty ecommerce giant clock a three-fold jump in profits, expand margins and increase its footprint. Meanw... Read More


Ather's Stellar Q1, Klassroom IPO Day 2 & More

India, Aug. 4 -- Ather Turns A Corner Amid concerns of sliding EV two wheeler sales in India, Ather managed to sharply shrink its losses in Q1 FY27, and more importantly, turn EBITDA positive. Bolste... Read More


Nazara Slips Into The Red In Q1, Posts Rs.83 Cr Loss

India, Aug. 4 -- Gaming major Nazara Technologies slipped to the red in Q1 FY27, reporting a net loss of Rs.82.5 Cr as against Rs.51.3 Cr in the year quarter. Sequentially, the bottom line eroded from... Read More


Zepto Stalls IPO, Weekly Funding Rundown & More

India, Aug. 3 -- Zepto Halts IPO Express Zepto has once again put its D-Street debut on hold. The quick commerce now plans to chase a pre-IPO fundraise and strengthen its balance sheet before re-atte... Read More


[Update] Zepto Confirms IPO Pause, Plans Pre-IPO Fundraise

India, Aug. 1 -- Update | Aug 1, 19:47 IST Quick commerce startup Zepto officially confirmed that it has paused its IPO, saying it intends to focus on execution. In a statement, the startup said its... Read More


Zepto To Now Re-Attempt IPO By May 2027: Report

India, Aug. 1 -- Barely a day after reports surfaced that Zepto had deferred its IPO plans, the quick commerce giant's cofounder and CEO Aadit Palicha has reportedly told employees that the startup is... Read More