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DevX Q1 Profit Jumps To Rs.1.5 Cr Despite A 3.3% YoY Dip In Revenue

India, Aug. 12 -- Office space provider DevX (Dev Accelerator) reported a consolidated net profit of Rs.1.50 Cr in Q1 FY27, more than 10X of the Rs.14 Lakh profit it registered in the year-ago period.... Read More


Table Space All Set For IPO, Watermarking AI & More

India, Aug. 12 -- Table Space's Rs.800 Cr IPO Table Space is back in the market with its IPO ambitions. The managed workspace provider has filed its DRHP with SEBI for an IPO, which will comprise bot... Read More


[Update] Shiprocket IPO: Public Issue Subscribed 97% On Day 1

India, Aug. 12 -- Update| August 12, 17:31 IST Shiprocket's public issue was subscribed 97% on the first day of bidding, receiving bids for 9.15 Cr equity shares against 9.44 Cr shares on offer. Up ... Read More


Uber Takes Bike Services To 100 More Cities Amid Intense Competition

India, Aug. 12 -- Ride-hailing major Uber has announced the expansion of its bike taxi service, Uber Bike, to 100 cities in India. Overall, the ride-hailing major claims to be present in more than 220... Read More


How SwishX Is Fixing Messy Back Office Sales Workflows For Pharma Companies With AI

India, Aug. 12 -- When Swish Club raised $4.5 Mn in early 2024, it looked like yet another startup trying to solve enterprise device procurement and leasing. The company rented laptops, leased smartph... Read More


IndiQube Trims Q1 Loss By 35% YoY To Rs.24 Cr, Revenue Jumps 37%

India, Aug. 12 -- Coworking space provider IndiQube Space managed to trim down its Q1 FY27 net loss by 35% to Rs.23.9 Cr from Rs.36.8 Cr in the same quarter last year. Sequentially, the loss increased... Read More


Maharashtra Makes Knowing Marathi Mandatory For App-Based Drivers

India, Aug. 12 -- The Maharashtra government has reportedly extended its Marathi language mandate to app-based cab drivers working for aggregators like Ola, Uber and Rapido. This makes a working knowl... Read More


Exclusive: AI Healthtech Startup August AI In Talks To Raise $4 Mn From Peak XV

India, Aug. 12 -- AI health companion startup August AI is in talks to raise about $4 Mn from Peak XV Partners, sources told Inc42. The contours of the proposed transaction, including the startup's v... Read More


Lenskart Q1: Profit Zooms 3.7X YoY To Rs.228.4 Cr, Revenue Up 43%

India, Aug. 12 -- Omnichannel eyewear giant Lenskart's consolidated net profit for Q1 FY27 surged 273% to Rs.228.4 Cr from Rs.61.2 Cr in the year-ago quarter. On a sequential basis, profit increased 1... Read More


Delhi HC Says Personality Rights 'Going Out Of Hand', Flags Free Speech Concerns

India, Aug. 12 -- The Delhi High Court (HC) observed yesterday that the idea of safeguarding one's personality rights is "going out of hand" now and cautioned that broad restrictions could impact free... Read More