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Inflexor Ventures Marks First Close of Fund III At Rs.400 Cr

India, July 28 -- Tech-focused VC firm Inflexor Ventures has marked the first close of its Rs.1,250 Cr Inflexor Technology Discovery Fund at Rs.400 Cr ($41.8 Mn). Limited partners (LPs) that backed t... Read More


Table Space To File Draft Papers For $350 Mn IPO Next Month: Report

India, July 28 -- Managed workspace provider Table Space is reportedly preparing to file draft papers for its proposed IPO by early August. According to a Bloomberg report, the startup is looking to ... Read More


Tata Digital Posts Nearly Rs.5,000 Cr Loss In FY26 As BigBasket Bleeds

India, July 28 -- Digital juggernaut Tata Digital's net losses ballooned 7.9% to Rs.4,974 Cr in the fiscal year 2025-26 (FY26) as against Rs.4,610 Cr in the year ago period. The losses came primarily... Read More


Centre Summons Meta Over Removal Of PM Modi's Facebook Post

India, July 28 -- The electronics and IT ministry (MeitY) has summoned Meta's global head of public policy after Facebook temporarily removed a video posted by Prime Minister Narendra Modi aimed at re... Read More


Pine Labs Q1: Profit Surges 4X YoY To Rs.20 Cr, Revenue Up 20%

India, July 28 -- Fintech major Pine Labs' Q1 FY27 net profit surged over 4X YoY to Rs.19.6 Cr from a net profit of Rs.4.8 Cr in the same quarter last year. Sequentially, the company's profit declined... Read More


Nykaa Ropes In Ex-Instamart COO Ankit Jain To Helm Nykaa Now

India, July 28 -- Ex-Swiggy Instamart COO Ankit Jain has joined beauty and personal care major Nykaa to lead its quick commerce business Nykaa Now. According to his LinkedIn, Jain has joined Nykaa as... Read More


Why QOSMIC Pivoted From Building Satellites To Ground Infrastructure For Satellite Data

India, July 28 -- Modern satellites are producing more data than ever, and the gap between what they capture and what reaches the ground is widening. According to a research paper that tracks this, a ... Read More


upGrad-Unacademy Merger Nears Completion

India, July 28 -- Edtech major upGrad is in the final stages of acquiring edtech rival Unacademy in a transaction valued at Rs.1,955 Cr, with the signing process almost complete, as per sources famili... Read More


Delhi HC Grants BharatPe Interim Relief In Unity SFB Shareholding Dispute

India, July 28 -- The Delhi High Court has granted interim relief to fintech startup BharatPe by restraining Unity Small Finance Bank (SFB) from taking up a proposal to increase its authorised share c... Read More


Snitch Acquires D2C Women's Fashion Brand Berrylush To Expand Beyond Menswear

India, July 28 -- Snitch has acquired a 100% stake in D2C women's fashion brand Berrylush to expand beyond menswear as it seeks to build a broader portfolio of fashion brands. The financial terms of t... Read More