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CRED After Kunal Shah: Can The 'Walled Garden' Business Model Pay For Itself?

India, July 31 -- For the first five years of CRED's existence, the question on everyone's minds was: how will CRED even make money. In 2023, we started seeing the first signs of how the fintech giant... Read More


SEBI Rolls Out 'GARUDA' Framework To Expedite Fund Launches

India, July 31 -- The Securities and Exchange Board of India (SEBI) has released a new framework to simplify and expedite the launch of new schemes by alternative investment funds (AIFs). Under the n... Read More


Fintech IPO Wave, Zepto May Defer Listing & More

India, July 30 -- The Next Big Fintech IPO Rush Nearly five years after Paytm and PB Fintech paved the way for fintech listings, a new wave of startups is preparing to list on the bourses. But unlike... Read More


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