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Ola Electric Gets Board Nod To Raise INR 1,700 Cr Debt

India, May 22 -- EV major Ola Electric's board has approved a proposal to raise up to INR 1,700 Cr debt via non-convertible debentures (NCDs), term loans, working capital facilities, or any other elig... Read More


Ullu's Rise In India's Untamed OTT Underworld, Pine Labs Turns Public & More

India, May 22 -- Ullu's Rise In India's Untamed OTT Underworld The Indian OTT space may be a tough nut to crack for many, but for 2018-founded Ullu, things are working like a charm, thanks to its "un... Read More


Roposo Cofounder's Hyperlocal Community Startup Shuru Bags INR 29 Cr

India, May 22 -- Indore-based Shuru, a hyperlocal community app launched by Roposo cofounder Mayank Bhangadia, has raised INR 29 Cr (around $3.37 Mn) in a funding round led by South Korean gaming majo... Read More


TBO Tek Q4: Profit Zooms 27% YoY To INR 59 Cr

India, May 22 -- B2B travel tech company TBO Tek's consolidated net profit surged 27% to INR 58.9 Cr in Q4 FY25 from INR 46.4 Cr in the year-ago period. On a sequential basis, the company's bottom lin... Read More


Aequs Ramps Up IPO Preparations, Converts Into Public Company

India, May 22 -- Aequs, a contract manufacturing company for consumer durable goods and aerospace parts, has converted into a public company, as it prepares to join the long list of new-age tech compa... Read More


Paytm Appoints Ramana Kumar As CEO For Middle East Business

India, May 22 -- Fintech major Paytm has roped in Magnati's founding chief executive officer Ramana Kumar as chief executive officer (CEO) for its Middle East business. The appointment comes days aft... Read More


Airtel Payments Bank's Profit Jumps 83% To INR 63 Cr In FY25

India, May 22 -- Airtel Payments Bank's consolidated net profit jumped 82.6% to INR 63 Cr in the financial year ended March 31, 2025 (FY25) from INR 34.5 Cr in the previous fiscal year, driven by stro... Read More


Data Sutram Bags $9 Mn To Offer Fraud Detection Services To BFSI Sector

India, May 22 -- BFSI-focussed B2B SaaS startup Data Sutram has raised a Series A funding of $9 Mn (around INR 77 Cr) co-led by Lightspeed Venture Partners and B Capital. The round was a mix of prima... Read More


Sex, Subscribers & Censorship: How Ullu Gained An Edge In India's Legal Grey Zone

India, May 22 -- "Sex sells! The old cliche never turned old really, and if you are in this business, you will earn money. This is how Ullu has capitalised," said a film industry veteran. "In this bus... Read More


Mamaearth Q4: Profit Falls 18% to INR 25 Cr

India, May 22 -- Mamaearth parent Honasa Consumer's consolidated net profit declined 18% to INR 25 Cr from INR 30.4 Cr in Q4 FY24. On a QoQ basis, the profit declined 3.8% from INR 26 Cr. The D2C bra... Read More