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Delhivery Reports 4th Consecutive Profitable Quarter, Posts INR 73 Cr PAT In Q4

India, May 16 -- Delhivery closed the fiscal year FY25 by reporting profits in every quarter. The logistics major today reported a consolidated net profit of INR 72.6 Cr in the fourth quarter of FY25 ... Read More


IG Drones: Meet The Indian Startup That Was Key To Operation Sindoor

India, May 16 -- In the post mortem of the brief but tense clashes between India and Pakistan in the first half of May, we are getting a peek into the technology that's part of India's defence arsenal... Read More


Peak XV Scores Nearly 10X Return From Porter Exit

India, May 16 -- Peak XV Partners has clocked nearly 10x returns by fully exiting its investment in hyperlocal logistics startup Porter during the company's latest fundraising round. Sources told Inc... Read More


After Zomato Gold, Swiggy One Drops Rain Surcharge Waiver For Users

India, May 16 -- A day after foodtech major Zomato removed the rain surcharge waiver from membership programme, its rival Swiggy has followed the suit by ending the rain fee waiver for One members. U... Read More


After Zomato Gold, Swiggy One Drop Rain Surcharge Waiver For Users

India, May 16 -- A day after foodtech major Zomato removed the rain surcharge waiver from membership programme, its rival Swiggy has followed the suit by ending the rain fee waiver for One members. U... Read More


[Update] EaseMyTrip's Nishant Pitti Doubles Down, Says 5 MakeMyTrip Directors Have Chinese Ties

India, May 16 -- Update | May 16, 6:00 PM IST Doubling down on his stance of alleged Chinese influence on MakeMyTrip, EaseMyTrip cofounder and chairman Nishant Pitti highlighted that five out of the ... Read More


Pocket FM's Legal Drama: Why US Contractors Are Suing The Startup

India, May 16 -- Pocket FM's employees and contractors are not very happy with the company. In the past three months, several former employees have alleged that the entertainment startup's toxic work... Read More


Groww To Make Confidential IPO Filing In Two Weeks: Report

India, May 16 -- Investment tech startup Groww is reportedly planning to file draft papers with markets regulator SEBI for an initial public offering (IPO) through a confidential pre-filing route in t... Read More


Kriscore Capital Marks First Close Of INR 100 Cr Maiden Fund

India, May 16 -- Kriscore Capital, a venture capital firm focused on early-stage tech investments in India, has marked the first close of its maiden INR 100 Cr ($11.7 Mn) fund, along with an additiona... Read More


Flipkart Dominates Walmart International's Ad Biz Growth In Q1

India, May 16 -- Flipkart led from the front as the ecommerce juggernaut contributed the lion's share to the growth of parent Walmart international's ad business in the first quarter ended April 30, 2... Read More