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Madison India Capital Partially Exits Pine Labs Via Rs.357 Cr Block Deal

India, May 22 -- Madison India Capital today offloaded 2.48 Cr shares in fintech major Pine Labs in a block deal worth Rs.356.86 Cr. As per NSE data, the PE firm, via its Madison India Opportunities ... Read More


Elevation Capital Offloads Paytm Shares Worth Rs.630 Cr

India, May 22 -- Paytm early investor Elevation Capital offloaded 56.22 Lakh in a block deal valuing each share at Rs.1,120.65. The investor raked in over Rs.630 Cr via the block deal on Friday. As p... Read More


The New AI Threat, Nykaa's Q4 Surge & More

India, May 22 -- Agent Traps Keep Enterprises On Edge The rise of AI is creating a new cybersecurity problem, agent traps. Attackers no longer need to break systems if they can manipulate the agents ... Read More


Exclusive: Gabit Nets Rs.36 Cr To Expand Wearables, Nutrition & Skincare Play

India, May 22 -- Wearable healthtech startup Gabit has raised around Rs.36.2 Cr (about $3.7 Mn) in a fresh funding round from a clutch of angel investors, including Deepak Gupta, Arnab Basu, Manav Gup... Read More


Mobikwik, Lendbox Face FIRs Over Allegedly Blocking Investor Funds

India, May 22 -- Bengaluru Police have reportedly registered FIRs against fintech firms Mobikwik and Lendbox regarding alleged investor cheating and misuse of funds via their P2P lending platform Mobi... Read More


Zepto To Float Rs.11,000 Cr IPO By July: Report

India, May 22 -- Quick commerce platform Zepto reportedly plans to float its Rs.11,000 Cr ($1.1 Bn) initial public offering (IPO) within the next two months. Sources told news agency PTI that the uni... Read More


ixigo Rallies 6% After Q4 Profit Doubles To Rs.32 Cr

India, May 22 -- Shares of Le Travenues Technology, the parent of ixigo, surged nearly 6% to hit an intraday high of Rs.173.5 on the BSE today as investor sentiment turned bullish following the compan... Read More


Swiggy's Inventory Pivot Plan Stalls After Failed Vote

India, May 22 -- Shareholders have shot down foodtech major Swiggy's bid to become an Indian-owned and controlled company (IOCC). The foodtech giant failed to secure the necessary votes to amend its ... Read More


Info Edge Q4: Profit Increases 12% To Rs.756 Cr, Declares Dividend Of Rs.3.60

India, May 22 -- Naukri parent Info Edge's consolidated net profit for the fourth quarter of FY26 increased 12% to Rs.755.7 Cr from Rs.677.9 Cr in the year-ago quarter. On a sequential basis, profit s... Read More


Nykaa Touches Fresh 52-Week High After Strong Q4 Performance

India, May 22 -- Shares of Nykaa parent FSN E-Commerce Ventures rose over 4% to touch a 52-week high of Rs.285.65 during intraday trading on the BSE today, a day after the company reported its fourth ... Read More