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Dronetech Startup Garuda Aerospace Gets SEBI Nod For Rs.750 Cr+ IPO

India, Aug. 6 -- Chennai-based Garuda Aerospace has received SEBI's final observation for its proposed IPO, paving the way for the dronetech startup to launch its public issue. According to SEBI's la... Read More


Govt Operationalises New Framework To Spur Ecommerce Exports

India, Aug. 6 -- More than a week after exempting B2B ecommerce exports from foreign direct investment (FDI) rules, the government has now notified the new norms to enable online marketplaces to expor... Read More


Swiggy Bets On Toing, Instamart To Achieve Rs.10,000 Cr Adjusted EBITDA By FY31

India, Aug. 6 -- Swiggy is banking on its affordable meals platform Toing and quick commerce business Instamart to achieve a consolidated adjusted EBITDA of Rs.10,000 Cr by FY31. At its Capital Marke... Read More


Consint.AI Bags Rs.22 Cr To Expand Globally, Build AI Model For Risk And Fraud Detection

India, Aug. 6 -- AI startup Consint.AI, which offers an AI-powered healthcare fraud and management platform to enterprises, has raised Rs.22 Cr (about $2.3 Mn) in its Series A funding round from BIG G... Read More


RateGain Q1 Profit More Than Doubles YoY To Rs.95 Cr, Revenue Skyrockets 188%

India, Aug. 6 -- Travel-focused SaaS company RateGain bolstered its profitability in the first quarter of FY27, reporting a consolidated profit of Rs.94.9 Cr. While this marked a 102% jump from Rs.46.... Read More


Ola Electric Shifts To Dealer-Led Sales Model To Expand Reach

India, Aug. 6 -- Electric two-wheeler maker Ola Electric is shifting to a dealer-led sales and service model across India as it looks to expand its EV presence beyond its company-owned retail network.... Read More


Piper Serica's Rs.800 Cr Bharat Tech Fund Hits First Close At Rs.300 Cr

India, Aug. 6 -- Mumbai-based asset management firm Piper Serica has achieved the first close of its Rs.800 Cr Bharat Tech Fund at Rs.300 Cr. The development comes months after Piper Serica launched t... Read More


The Devil In The Agent

India, Aug. 5 -- Imagine an AI agent at an Indian bank tasked with reconciling a failed transaction. In trying to complete the job, it quietly scans the internal network for credentials, jeopardising ... Read More


Freshworks Turns Profitable In Q2, Revenue Up 16% YoY To $237.4 Mn

India, Aug. 5 -- Nasdaq-listed SaaS major Freshworks reported a net profit of $3.2 Mn in the second quarter ended June 30 (Q2 CY26) as against a net loss of $1.7 Mn in the corresponding quarter last y... Read More


Pinegap Nets $8 Mn From Stellaris & Others To Build An Agentic Platform For Market Analysts

India, Aug. 5 -- AI-powered equity research startup Pinegap has raised $8 Mn (over Rs.76 Cr) in its Series A funding round led by Stellaris Venture Partners. Existing backers, including Silicon Valley... Read More