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After Verloop, Mukesh Bansal-Led NuPlay Eyes Another Acquisition In 12 Months

India, Aug. 3 -- Barely two years old and one acquisition down, enterprise AI startup NuPlay, rebranded from its earlier name Nurix AI, is already scouting its next target. Cofounder and CEO Mukesh Ba... Read More


After Verloop, Muskesh Bansal-Led NuPlay Eyes Another Acquisition In 12 Months

India, Aug. 3 -- Barely two years old and one acquisition down, enterprise AI startup NuPlay, rebranded from its earlier name Nurix AI, is already scouting its next target. Cofounder and CEO Mukesh Ba... Read More


[Update] Klassroom IPO: Issue Subscribed 98% On Day 2

India, Aug. 3 -- Update | August 03, 20:25 IST The public issue of edtech company Klassroom ended the second day with a subscription of 98%. As per BSE data, the IPO received bids for 17.22 Lakh shar... Read More


Zepto Stalls IPO, Weekly Funding Rundown & More

India, Aug. 3 -- Zepto Halts IPO Express Zepto has once again put its D-Street debut on hold. The quick commerce now plans to chase a pre-IPO fundraise and strengthen its balance sheet before re-atte... Read More


MakeMyTrip Q1: Profit Slides 65% YoY To $9.1 Mn

India, Aug. 3 -- As its India IPO plans take shape, travel tech major MakeMyTrip's (MMT) consolidated net profit for the three months ended June 30, 2026 (Q1 FY27) plunged 65% to $9.1 Mn from $25.8 Mn... Read More


Anthropic Brings Claude Inference To India As Sovereign AI Race Heats Up

India, Aug. 3 -- Anthropic is bringing in-country inference for its AI platform Claude to India via Amazon Bedrock, AWS' managed service for building GenAI applications, removing one of the biggest ba... Read More


Swiggy's Instamart Turns A Corner

India, Aug. 3 -- The quick commerce industry in India got a reality check this week as Zepto's IPO plans were put on hold. Amid this, Swiggy's Q1 FY27 financials may come as something of a relief for ... Read More


IPO-Bound Imarticus Learning Acquires Singapore's BELLS Institute For Rs.800 Cr

India, Aug. 3 -- IPO-bound edtech startup Imarticus Learning has acquired Singapore-based BELLS Institute of Higher Learning for Rs.800 Cr as it gears up for an Rs.1,000 Cr IPO. The startup's first i... Read More


EV Components Manufacturer Matel Raises Rs.130 Cr To Accelerate R&D

India, Aug. 3 -- EV components manufacturer Matel Motion & Energy Solutions has raised Rs.130 Cr ($13.6 Mn) in Series B funding round led by early-growth stage VC fund UC Impower, with participation f... Read More


Edtech NBFC Avanse's Q1 FY27 Profit Jumps 31% YoY To Rs.154.3 Cr

India, Aug. 3 -- Education-focused NBFC Avanse Financial Services has reported a 31% YoY uptick in its net profit for the first quarter of the ongoing fiscal year (Q1 FY27) to Rs.154.3 Cr from Rs.118 ... Read More