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SEDEMAC's Q1 Profit Soars To Rs.33 Cr, Revenue Up 43% YoY

India, July 29 -- Deeptech company SEDEMAC Mechatronics' net profit zoomed 95.1% to Rs.33.3 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27) compared to Rs.17.1 Cr in the year-ago quarte... Read More


BharatGen CEO On Why Models Alone Can't Help India Gain In The AI Race

India, July 29 -- With many homegrown foundation model initiatives competing for talent, compute and enterprise mindshare, the question of who will define the country's AI future is becoming increasin... Read More


Building Materials Quick Commerce Startup Fixxly Raises $5.5 Mn

India, July 29 -- Building materials quick commerce startup Fixxly has raised $5.5 Mn (Rs.52.6 Cr) in a seed funding round from Accel, Fireside Ventures and Lightspeed India Partners. The startup pla... Read More


Fashion Commerce Finds Its Plus-Size Fit

India, July 28 -- For years, extended-size fashion in India has been limited to a separate section, a handful of styles or basic XXL-and-above clothing. The result is often a poor shopping experience.... Read More


Vishal Mega Mart Doubles Down On Quick Commerce Amid Retail Shift

India, July 28 -- Amid growing penetration of quick commerce in Indian retail, value retail chain Vishal Mega Mart is looking to double down on quick deliveries. Speaking during Q1 earnings call, mana... Read More


Centre Sets Up Inter-Ministerial Group To Form Financial Cybersecurity Strategy

India, July 28 -- Amid growing risks posed by AI models and rapid digitisation of banking and payments, the central government has constituted an inter-ministerial group (IMG) to formulate a comprehen... Read More


Temple's Valuation Jackpot, PhonePe's FY26 Losses & More

India, July 28 -- Temple Hits $375 Mn Valuation Temple is riding a valuation surge. Deepinder Goyal's wearable startup is undertaking its first ESOP buyback programme at a valuation of $375 Mn, nearl... Read More


Cursor Doubles Down On India, Launches India-Specific AI Coding Plan

India, July 28 -- US-based AI coding major Cursor has introduced an India-only subscription plan, Cursor Start, priced at Rs.649 per month. The launch comes weeks after SpaceX agreed to acquire the st... Read More


Flipkart's Ekart Opens Logistics Network To D2C Brands Via Franchise Model

India, July 28 -- Flipkart Group's supply chain arm Ekart has opened its pan-India logistics network to MSMEs, D2C brands, FMCG companies, and enterprises, allowing external businesses to access the l... Read More


Delhi HC Orders Winding Up Of Paytm Payments Bank

India, July 28 -- Months after getting its banking licence revoked, Paytm Payments Bank (PPBL) has been served an order by the Delhi High Court (HC) to wind down its operations completely. In an orde... Read More