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InCred Finance's FY25 Profit Zooms 18% To INR 374 Cr

India, May 8 -- Lending tech unicorn InCred Financial Services, a part of the InCred Group, reported a 18% rise in its consolidated net profit to INR 374 Cr in FY25 from INR 316.4 Cr in the previous y... Read More


Thrasio-Style 10Club Moves NCLT To Initiate Insolvency Proceedings

India, May 8 -- 10Club is winding down its operations soon as the Thrasio-style startup has initiated insolvency proceedings before the national company law tribunal (NCLT). As per an MCA filing asse... Read More


Zaggle Shares Rally 9% On Bagging Order From Grant Thornton Bharat

India, May 8 -- Shares of listed SaaS fintech company Zaggle surged as much as 9.2% to INR 355 during the early trading hours today. The rally came after the company secured an order from Grant Thorn... Read More


Not Opposed To Prospective Levy Of 28% GST: Gaming Cos To SC

India, May 8 -- Amid the goods and services tax (GST) turmoil, the online gaming companies have reportedly told the Supreme Court that the industry does not oppose the prospective levy of 28% GST on t... Read More


'Not Opposed To Prospective Levy Of 28% GST': Gaming Cos To SC

India, May 8 -- Amid the goods and services tax (GST) turmoil, the online gaming companies have reportedly told the Supreme Court that the industry does not oppose the prospective levy of 28% GST on t... Read More


BluSmart Investors Planning $30 Mn Infusion To Revive The Startup: Report

India, May 8 -- BluSmart's existing investors, including BP Ventures and ResponsAbility Investments, are reportedly planning to invest $30 Mn (INR 253.64 Cr) in an effort to revive the electric cab-ha... Read More


Exclusive: Exits Continue At GlobalBees As Three Board Members Step Down

India, May 8 -- FirstCry subsidiary GlobalBees continues to see more exits. After its chief executive officer Nitin Agarwal stepped down from his role last month, Inc42 has now learnt that GlobalBees'... Read More


Exclusive: Amid Top-Level Exodus At GlobalBees, Three More Board Members Step Down

India, May 8 -- FirstCry subsidiary GlobalBees continues to see more exits. Inc42 has now learnt that GlobalBees' three board of directors - Harsha Deepak Kumar (board representative of Lightspeed Ind... Read More


IN-SPACe, Karnataka Sign MoUs To Set Up CoE & Space Manufacturing Park

India, May 8 -- The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has signed two pacts with the Karnataka government to bolster the spacetech ecosystem in the state. Under the m... Read More


Meta Blocks Thousands Of Scam Facebook Accounts Targeting Indians

India, May 7 -- Social media giant Meta said it blocked access to thousands of Facebook pages and accounts that scammed Indian users in March. In total, Meta removed more than 23,000 Facebook pages a... Read More