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Excitel Turns Profitable In FY26, Posts Rs.560 Cr Revenue

India, June 2 -- Internet service provider (ISP) Excitel said it turned profitable in the financial year ended March 2026 (FY26). In a statement, the company said that it minted a profit after tax of... Read More


MobiKwik Seeks Shareholder Nod To Rejig IPO Proceeds For Subsidiary Investments

India, June 2 -- Listed fintech MobiKwik has sought shareholder approval to revise the utilisation of a portion of its unspent IPO proceeds and extend the timeline for deploying the remaining funds. ... Read More


MobiKwik Seeks Shareholders' Nod To Rejig IPO Proceeds For Subsidiary Investments

India, June 2 -- Listed fintech MobiKwik has sought shareholder approval to revise the utilisation of a portion of its unspent IPO proceeds and extend the timeline for deploying the remaining funds. ... Read More


Zee Scores FIFA Goal, Ola Electric's QIP & More

India, June 2 -- Zee Secures FIFA Rights For India After months of stalemate, Zee has finally bagged the India media rights for major FIFA events till 2034. With a new sports network in the mix and a... Read More


Apple Takes Down ShareChat's Social Discovery App Vibely From App Store

India, June 2 -- ShareChat's social discovery platform Vibely has been removed from Apple's App Store citing violations of its content moderation policies. As per a Moneycontrol report, the takedown ... Read More


ONDC Raises Rs.220 Cr From Uber, Zoho, Paytm

India, June 2 -- The Open Network for Digital Commerce (ONDC) has raised Rs.220 Cr ($23.1 Mn) from four strategic investors, including Uber, Zoho, Paytm-parent One97 Communications and BSE. According... Read More


Exclusive: Blume-Backed Interview Kickstart Lays Off Nearly 50 Employees Amid AI Automation Push

India, June 2 -- Blume Ventures-backed upskilling startup Interview Kickstart undertook a restructuring exercise last week amid rising automation due to AI. While sources told Inc42 that around 80-100... Read More


PRISM Gets SEBI Approval For IPO

India, June 2 -- Hospitality major PRISM, the parent entity of OYO, has received SEBI approval for its proposed IPO, sources told Inc42. The development comes nearly six months after the company conf... Read More


30 Startups To Watch: Startups That Caught Our Eye In May 2026

India, June 2 -- With the war in West Asia looming over India's business environment, May brought a slower, more cautious rhythm to the country's startup ecosystem. The world's third-largest startup ... Read More


Shilpa Shetty Invests In D2C Kids' Lifestyle Brand Rosada

India, June 2 -- D2C kids' lifestyle brand Rosada has onboarded actor Shilpa Shetty Kundra as a strategic investor, as it looks to expand its footprint across India. However, the startup didn't discl... Read More