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IndiaMART Q4: Net Profit Plunges 72% YoY To Rs.50 Cr

India, April 30 -- B2B ecommerce company IndiaMART InterMESH's Q4 FY26 net profit slumped 72.2% to Rs.50.2 C from Rs.180.6 Cr in the same quarter last year. Sequentially, net profit has declined 73.3%... Read More


Ctruh Raises $2.5 Mn To Build Extended Reality Tools For Enterprises

India, April 30 -- Immersive digital experience startup Ctruh has raised $2.5 Mn (around Rs.23 Cr) in its seed funding round co-led by Inflection Point Ventures (IPV) and Avinya Ventures, along with p... Read More


Kimbal Bags $22 Mn To Scale Smart Grid Solutions Globally

India, April 30 -- Smart grid solutions startup Kimbal Technologies has raised $22 Mn (about Rs.210 Cr) in its Series B funding round led by GEF Capital Partners, with participation from existing inve... Read More


Ather CEO Tarun Mehta Slams Centre's 'No Startups' PLI Stance

India, April 30 -- Ather Energy cofounder and CEO Tarun Mehta has criticised the government's stance on excluding startups from the production-linked incentive (PLI) scheme for automobiles and auto co... Read More


Ather CEO Tarun Mehta Criticises Centre's 'No Startups' PLI Stance

India, April 30 -- Ather Energy cofounder and CEO Tarun Mehta has criticised the government's stance on excluding startups from the production-linked incentive (PLI) scheme for automobiles and auto co... Read More


Kissht IPO: Issue Subscribed 20% On Day 1 So Far

India, April 30 -- Lending tech company Kissht's parent OnEMI Technology Solutions' IPO got off to a steady start on the first day of bidding. As of 14:00 IST, investors placed bids for 79.66 Lakh sh... Read More


ICRA Downgrades Ola Electric's Rating Amid Rising Competition, Declining Sales

India, April 30 -- Credit rating agency ICRA has downgraded the rating of Ola Electric's subsidiary Ola Electric Technologies Pvt Ltd rating due to underperformance in the company's sales volume and r... Read More


Another Exit At IPO-Bound Cars24 As Cofounder Mehul Agarwal Steps Down

India, April 30 -- Amid a flurry of top level exits at Cars24, its cofounder and COO Mehul Agarwal has also stepped down from his executive role at the auto listing startup. In a LinkedIn post, Agarw... Read More


Smartworks Posts Rs.17 Cr Profit In Q4, Revenue Crosses Rs.500 Cr Mark

India, April 30 -- Coworking space provider Smartworks reported its second consecutive profitable quarter, posting a consolidated net profit of Rs.16.6 Cr in Q4 FY26. The company had reported a loss o... Read More


Credit Management Startup Oolka Bags $14 Mn In Accel-Led Series A Round

India, April 30 -- Fintech startup Oolka has raised $14 Mn in its Series A funding round led by Accel, with participation from Lightspeed, and Z47. Meesho co-founders Vidit Aatrey and Sanjeev Barnwal ... Read More