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AvenuesAI Q4: Profit Jumps 63% YoY To Rs.89 Cr, Revenue Zooms 115%

India, May 29 -- AvenuesAI (formerly Infibeam Avenues) reported a consolidated net profit of Rs.89 Cr in the fourth quarter of FY26, a jump of 63% from Rs.54.7 Cr in the year-ago period. On a sequenti... Read More


Fintech Unicorn Oxyzo's FY26 Profit Rises 11% To Rs.376 Cr

India, May 29 -- SME-focused NBFC Oxyzo's net profit for the fiscal year FY26 increased 11% to Rs.375.5 Cr from Rs.339.2 Cr in the previous fiscal. Operating revenue zoomed 23% to Rs.1,488.8 Cr from ... Read More


Ola Electric Rallies Over 9% Amid Signs of Demand Revival

India, May 29 -- Shares of Ola Electric surged over 9% during the intraday trading on the BSE, hitting a high of Rs.42.84 as investor sentiment turned positive following improving operational performa... Read More


Jio to Power Reliance's Next Phase Of AI, Cloud & Digital Services: Mukesh Ambani

India, May 29 -- Reliance Industries chairman and MD Mukesh Ambani described Jio Platforms as the fulcrum of the group's next growth phase, positioning it as the driver of innovation across connectivi... Read More


India Must Move from Being an AI Consumer to an AI Producer: InMobi's Mohit Saxena

India, May 28 -- India's AI market is projected to expand 5.3X over the next five years, reaching $126 Bn by 2030. However, the road ahead is still long, and India remains far behind in AI, according ... Read More


Lack Of Patience And Capital Making India Biggest Consumer Of AI: InMobi's Mohit Saxena

India, May 28 -- India's AI market is projected to expand 5.3x over the next five years, reaching $126 Bn by 2030. However, the road ahead is still long, and India remains far behind in AI, according ... Read More


Bajaj Finserv To Invest Up To Rs.2,000 Cr In AI Startups Over Next 5 Years

India, May 28 -- Bajaj Finserv is set to invest up to Rs.2,000 Cr over the next five years in startups and early-stage companies as part of its newly launched applied research and innovation initiativ... Read More


Zelio E-Mobility's FY26 PAT Surges 75% YoY To Rs.28 Cr

India, May 28 -- Electric vehicle (EV) manufacturer Zelio E-Mobility's standalone profit soared 75.4% to Rs.28 Cr in the fiscal year 2025-26 (FY26) as against nearly Rs.16 Cr in the year ago fiscal. ... Read More


Inc42's AI Summit Is Here, PhysicsWallah's Mixed Q4 & More

India, May 28 -- The Summit For India's AI Operators In just a couple of hours from now, some of the biggest names in the Indian AI ecosystem will converge at Bengaluru's Sheraton Grand to discuss ho... Read More


Investors On Separating Real Innovation From AI Hype

India, May 28 -- India's native AI startups have attracted $1.8 Bn+ in funding since 2020. But 86% of funding is concentrated in applications rather than infrastructure and foundation layers. While th... Read More