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Awfis Posts INR 15 Cr Profit In Q3, Revenue Up 44% YoY

India, Feb. 11 -- Coworking space provider Awfis reported a consolidated net profit of INR 15.18 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) as against a loss of INR 6.29 Cr in the ye... Read More


Actor Pankaj Tripathi Joins Audio OTT Platform Velvet As Cofounder

India, Feb. 11 -- Audio OTT platform Velvet has roped in actor Pankaj Tripathi as a cofounder. Founded in 2024 by actor and dialogue coach Vikas Kumar, Akshat Saxena, Varad Bhatnagar and Sharib Khan,... Read More


What Happens When A VC Fund Changes Direction? A Guide For LPs To Stay Protected

India, Feb. 11 -- This article is part of our 10-part series, Insider Secrets: What LPs Must Know to Invest in VC Funds in India, where we decode key insights for navigating this asset class with conf... Read More


Digantara To Invest Up To $15 Mn For Building Spacecraft Manufacturing Unit In US

India, Feb. 11 -- Expanding its footprint in the US, Bengaluru-based spacetech startup Digantara is looking to invest $10-15 Mn over the next six to eight months to build a dedicated spacecraft manufa... Read More


IXP Launches INR 200 Cr Early Stage Fund For Life Sciences Sector

India, Feb. 11 -- PE firm JV Ventures' life sciences-focussed arm Innovation Acceleration Platform (IXP) has launched its first fund to invest in early stage startups. The fund, IXP Lifesciences Cata... Read More


SEBI Returns Coworking Space Provider Dev X's IPO Papers

India, Feb. 11 -- Market regulator Securities and Exchanges Board of India (SEBI) has returned the draft red herring prospectus (DRHP) of managed office space provider DevX (Dev Accelerator Ltd). As ... Read More


Swiggy To Charge 2% Additional Fee From Restaurants

India, Feb. 11 -- Foodtech major Swiggy has asked its restaurant partners to pay an additional 2% collection fee on all orders, starting February 16. The company told restaurant partners in an email ... Read More


Swiggy To Charge Some Restaurant Partners 2% Additional Fee

India, Feb. 11 -- Foodtech major Swiggy has reportedly asked its restaurant partners today to pay an additional 2% collection fee on all orders starting from February 16. Sources close to the matter ... Read More


Flying Wedge Secures International Order For 35 Autonomous Aircraft

India, Feb. 11 -- Bengaluru-based defence tech startup Flying Wedge Defence and Aerospace has secured an export order for "35 FWD 100 ISR autonomous aircraft" from a sub-Saharan nation. However, the s... Read More


Bold Care Bags $5 Mn Funding To Strengthen Presence In Non-Metros

India, Feb. 11 -- D2C sexual wellness startup Bold Care has raised $5 Mn (around INR 43 Cr) in its Series A funding round led by Zerodha's Rainmatter. The round also saw participation from CaratlLane ... Read More