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Indigrid Raises Rs.40 Cr To Scale Electronics Manufacturing

India, Feb. 12 -- Electronics systems design and manufacturing (ESDM) startup Indigrid Technology has raised an additional Rs.40 Cr in its Series A funding round led by Valour Capital, with participat... Read More


Lenskart's Profit Run, Fractal Lists Next Week & More

India, Feb. 12 -- Lenskart Rolls In Profit Lenskart delivered explosive profit growth and robust revenue expansion in Q3. The surge came on the back of AI-driven leverage, record store additions, and... Read More


W Health Ventures Marks First Close Of Fund II At Rs.550 Cr

India, Feb. 12 -- Healthtech-focussed VC firm W Health Ventures has marked the first close of its second fund at Rs.550 Cr ($60.6 Mn), with ambition to launch and scale businesses in the healthcare se... Read More


State-Backed NIIF Exits Ather With Rs.521 Cr Stake Sale

India, Feb. 12 -- National Investment and Infrastructure Fund (NIIF) yesterday exited Ather Energy by selling its entire 1.92% stake in the EV company for Rs.520.7 Cr via open market transactions. As... Read More


USV Pharma To Acquire 79% Stake In Wellbeing Nutrition For Rs.1,583 Cr

India, Feb. 12 -- Mumbai-based pharmaceutical company USV has signed an agreement with Wellbeing Nutrition to acquire 79% stake in the D2C nutraceutical brand for Rs.1,583 Cr ($174.7 Mn) in an all-cas... Read More


Matrimony Q3: Profit Dips 17% YoY To Rs.8.3 Cr

India, Feb. 12 -- Listed matchmaking company Matrimony's consolidated net profit declined almost 17% to Rs.8.3 Cr in the third quarter of the ongoing fiscal year (Q3 FY26) from Rs.10 Cr in the same qu... Read More


Dhruva, Astrome & Azista To Build Indigenous Small Satellite Bus Platforms

India, Feb. 12 -- Nodal space body Indian National Space Promotion and Authorization Centre (IN-SPACe) yesterday said that it has selected three homegrown startups to build indigenous small satellite ... Read More


Shadowfax Q3: Profit Zooms 5.4X YoY To Rs.34.8 Cr

India, Feb. 12 -- Recently listed Logistics company Shadowfax's profit for Q3 FY26 surged more than 5X to Rs.34.9 Cr from Rs.6.5 Cr in the year-ago period. Sequentially, profit zoomed 167.7% from Rs.1... Read More


Flipkart Mulls Entry In Food Delivery Segment: Report

India, Feb. 12 -- Ecommerce giant Flipkart is reportedly exploring entering the food delivery segment, which is largely a Zomato-Swiggy duopoly currently. Citing sources, ET reported that the Walmart... Read More


Elixiir Foods Raises $9 Mn To Launch Gourmet Food & Grocery Delivery Platform

India, Feb. 12 -- Elixiir Foods has secured $9 Mn (about Rs.75 Cr) in its seed funding round led by 3one4 Capital, with participation from Incubate Fund Asia. The ready-to-eat food and grocery platfo... Read More