Razorpay's FY25 Revenue Jumps 65% YoY, Incurs One-Time Loss Of INR 1,200 Cr

India, Oct. 16 -- Despite a robust uptick in its top line, fintech major Razorpay slipped into the red in the fiscal year FY25. While the IPO-bound company refrained from disclosing the exact loss num... Read More

Blinkit Q2 FY26: Adjusted EBITDA Loss Declines 4% QoQ To INR 156 Cr

India, Oct. 16 -- Eternal's quick commerce arm Blinkit saw its adjusted EBITDA loss decline 3.7% to INR 156 Cr in the second quarter of FY26 (Q2FY26) from a loss of INR 162 Cr in the preceding Septemb... Read More

Eternal Q2: Profit Tanks 63% YoY To INR 65 Cr, Revenue Up 183% YoY

India, Oct. 16 -- Zomato and Blinkit parent Eternal's consolidated profit for Q2 FY26 plunged 63% to INR 65 Cr from INR 176 Cr reported in the year-ago quarter. On a sequential basis, the company's pr... Read More

Kuku FM Raises $85 Mn To Push Premium Content & Celebrity-Driven Audio Shows

India, Oct. 16 -- Audio OTT startup Kuku FM has raised $85 Mn (about INR 747 Cr) in its Series C round led by VC firm Granite Asia. Besides, the round also saw participation from Vertex Growth Fund, K... Read More

TAC Infosec H1 FY26 PAT Doubles To INR 16 Cr, Revenue Up 137% YoY

India, Oct. 16 -- NSE SME-listed TAC Infosec's net profit surged 138% to INR 15.6 Cr in the first half of the fiscal year FY26 (H1 FY26) from INR 6.5 Cr PAT reported in the same period previous year. ... Read More

Actor Akshay Kumar Moves Bombay HC Over Deepfake Videos

India, Oct. 16 -- Actor Akshay Kumar has reportedly moved the Bombay High Court (HC) to protect his "personality rights" against AI-generated deepfakes. As per LiveLaw, the actor sought the HC's inte... Read More

Graph AI Raises $3 Mn To Automate Drug Safety Monitoring for Pharma Firms

India, Oct. 16 -- Pharmaceutical-sector focussed AI startup Graph AI has secured $3 Mn (around INR 26.37 Cr) in its seed funding round led by Bessemer Venture Partners. In a statement, the startup sa... Read More

Apple Lobbying Centre To Relax Income Tax Laws

India, Oct. 16 -- Apple is reportedly lobbying the Centre to relax income tax laws regarding the ownership of "high-end" iPhone machinery that the big tech giant provides to its contract manufacturers... Read More

Coinbase Doubles Down On CoinDCX, Makes Fresh Investment At $2.45 Bn Valuation

India, Oct. 15 -- Crypto exchange CoinDCX has secured fresh funding from existing investor Coinbase, valuing the crypto unicorn at a post-money valuation of $2.45 Bn. The capital infusion is part of ... Read More

Paytm Undertakes Restructuring To Bring Key Units Under Direct Ownership

India, Oct. 15 -- Paytm's parent, One97 Communications, has approved an internal restructuring plan to bring several of its financial and technology subsidiaries under direct ownership. In a filing w... Read More

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