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InCred Finance Q1: Profit Jumps 82% YoY To Rs.172 Cr

India, July 30 -- IPO-bound fintech company InCred Holdings' lending tech arm InCred Financial Services (InCred Finance) said that it reported a consolidated net profit to Rs.172 Cr in Q1 FY27, up 82%... Read More


Peak XV Partners Again Dumps Go Digit Shares Worth Rs.139 Cr

India, July 30 -- For the second time in two months, early backer and VC giant Peak XV Partners has offloaded shares worth nearly Rs.139 Cr in listed insurtech company Go Digit via a block deal. As p... Read More


Q-Comm Poaching Wars, Table Space's IPO & More

India, July 29 -- Quick Commerce's New Battleground It is poaching season in India's quick commerce arena. Swiggy Instamart has brought in a CEO from Myntra, while Nykaa has poached an executive from... Read More


AI Data Centres To Consume 26.3 GW Power By FY32: MoS Power

India, July 29 -- The power ministry expects AI data centres to guzzle 26.3 gigawatts (GWs) of power by fiscal year 2031-32 (FY32). In a written reply before the Parliament, minister of state (MoS) f... Read More


AI Data Centres To Consumer 26.3 GW Power By FY32: MoS Power

India, July 29 -- The power ministry expects AI data centres to guzzle 26.3 gigawatts (GWs) of power by fiscal year 2031-32 (FY32). In a written reply before the Parliament, minister of state (MoS) f... Read More


SEDEMAC's Q1 Profit Soars To Rs.33 Cr, Revenue Up 43% YoY

India, July 29 -- Deeptech company SEDEMAC Mechatronics' net profit zoomed 95.1% to Rs.33.3 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27) compared to Rs.17.1 Cr in the year-ago quarte... Read More


Temple's Valuation Jackpot, PhonePe's FY26 Losses & More

India, July 28 -- Temple Hits $375 Mn Valuation Temple is riding a valuation surge. Deepinder Goyal's wearable startup is undertaking its first ESOP buyback programme at a valuation of $375 Mn, nearl... Read More


Tata Digital Posts Nearly Rs.5,000 Cr Loss In FY26 As BigBasket Bleeds

India, July 28 -- Digital juggernaut Tata Digital's net losses ballooned 7.9% to Rs.4,974 Cr in the fiscal year 2025-26 (FY26) as against Rs.4,610 Cr in the year ago period. The losses came primarily... Read More


Crypto Debate Resurfaces, Weekly Funding Tanks & More

India, July 27 -- Parliamentary Panel Reignites Crypto Debate For years, India's approach to cryptos revolved merely around taxation. A parliamentary panel has now suggested creating a self-regulator... Read More


Veefin Gets Board Nod To Raise Rs.35 Cr Debt

India, July 25 -- BSE SME-listed Veefin Solutions has received board approval to raise up to Rs.35 Cr via issuance of non-convertible debentures (NCDs). In a filing with the exchanges, the company sa... Read More