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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


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