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After A Stellar Q1, Shadowfax Elevates FY27 Revenue Guidance

India, Aug. 1 -- Fresh off a record Q1 FY27, Shadowfax is now setting the stage for a standout fiscal year. Fuelled by a surge in net profits and early victories in heavy shipments and quick commerce,... Read More


Can Aequs Build A Consumer Engine Under Its Aerospace Wings?

India, Aug. 1 -- Earlier this week, listed manufacturing company Aequs reported its Q1 FY27 earnings. As usual, most of the investor attention focused on the headline numbers - Rs.53.2 Cr in net losse... Read More


UPI Transactions Rise 4% MoM To 23.7 Bn In July

India, Aug. 1 -- UPI transaction volume rose 4% to 23.66 Bn in July from 22.72 Bn in June, according to data released by the National Payments Corporation of India (NPCI). The total transaction value... Read More


Smallest.ai Bags $13 Mn To Build Next-Gen Voice AI Models

India, Aug. 1 -- Voice AI startup Smallest.ai has raised $13 Mn (around Rs.108 Cr) in its Series A funding round led by Seligman Ventures. The round also saw participation from existing backers Sierra... Read More


Zepto To Now Re-Attempt IPO By May 2027: Report

India, Aug. 1 -- Barely a day after reports surfaced that Zepto had deferred its IPO plans, the quick commerce giant's cofounder and CEO Aadit Palicha has reportedly told employees that the startup is... Read More


Meta India Head Named In FIR Over Objectionable Posts Targeting PM Modi

India, July 31 -- Hyderabad Cybercrime Police have registered an FIR against operators of several Facebook and Instagram accounts for allegedly posting morphed and objectionable content targeting Prim... Read More


Groww Cofounders To Launch Rs.500 Cr Fund To Back Consumer, Deeptech Startups

India, July 31 -- Discount brokerage Groww's cofounders are planning to launch a second fund with a target corpus of Rs.400 Cr to Rs.500 Cr to back seed and early-stage startups. A report by ET, citi... Read More


Swiggy's Q1 Snapshot, Sarvam Widens AI Horizon & More

India, July 31 -- Swiggy Marches Closer To Profitability In Q1 Swiggy inched closer to profitability in Q1. During the quarter, its core food delivery vertical continued to grow despite margin pressu... Read More


CRED After Kunal Shah: Can The 'Walled Garden' Business Model Pay For Itself?

India, July 31 -- For the first five years of CRED's existence, the question on everyone's minds was: how will CRED even make money. In 2023, we started seeing the first signs of how the fintech giant... Read More


UPI's Monetisation Moment: Why MDR Is Back On The Table

India, July 31 -- For nearly six years, Unified Payments Interface (UPI) transactions in India have carried a zero-cost promise: no Merchant Discount Rate (MDR), no platform fee, no technology fee. T... Read More