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FirstCry's Subdued Q4, Drools Is The New Unicorn & More

India, May 27 -- FirstCry's Profit Push Hits A Snag After reporting a loss of INR 14.78 Cr in Q3 FY24, many believed FirstCry was turning the corner towards profitability. But in Q4 FY25, the kids-fo... Read More


Infibeam Q4 Profit Zooms 18% YoY To INR 55 Cr

India, May 27 -- Payments infrastructure company Infibeam Avenues reported a 18.3% jump in its consolidated profit after tax (PAT) to INR 54.7 Cr in Q4 FY25 from INR 46.2 Cr in the year-ago quarter. ... Read More


Foodtech Giants Hit Reset On Diversification, D2C Brands In Catch-22 & More

India, May 26 -- Swiggy, Zomato Put Diversification Plans In Slow Lane India's foodtech titans, Swiggy and Zomato (now Eternal), are making a strategic U-turn. After years of aggressive expansion acr... Read More


BYJU'S App Goes Offline On Play Store

India, May 24 -- Amid the ongoing rumblings and insolvency proceedings at BYJU'S, the edtech startup's Android app is no longer available on Play Store. A quick check of the Play Store shows no resul... Read More


Aakash Accuses EY India Of Conflict Of Interest In BYJU'S Dispute

India, May 23 -- Amid the ongoing rumblings at BYJU'S, Aakash Educational Services (AESL) has now reportedly accused EY India of conflict of interest and breach of professional conduct. Sources told ... Read More


Govt To Build Super App For Electric Vehicle Users

India, May 23 -- The Union government has set in motion plans for building a super app for electric vehicle (EV) users in the country. In a statement, the ministry of heavy industries (MHI) said the ... Read More


Honasa's Lacklustre Q4, Ola Electric Eyes INR 1,700 Cr & More

India, May 23 -- Honasa's Not-So-Decorated Q4 Results The fourth quarter turned out to be a mixed bag for Honasa. The listed D2C unicorn saw its profits shrink as rising revenues were offset by an up... Read More


Streaming Veteran Viniit Mehta Floats $10 Mn Fund To Back Media & Gaming Startups

India, May 23 -- Drawing on his wealth of experience in the entertainment space, former Brightcove country head Viniit Mehta has floated a new fund to capitalise on India's growing "attention economy"... Read More


Ullu's Rise In India's Untamed OTT Underworld, Pine Labs Turns Public & More

India, May 22 -- Ullu's Rise In India's Untamed OTT Underworld The Indian OTT space may be a tough nut to crack for many, but for 2018-founded Ullu, things are working like a charm, thanks to its "un... Read More


Microsoft-Backed Builder.ai To File For Bankruptcy

India, May 21 -- Weeks after Builder.ai admitted "problems" under its past leadership, the Microsoft-backed enterprise tech startup is now reportedly commenced insolvency proceedings. A company spoke... Read More