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IPO-Bound ESDS Software Bags Rs.216 Cr From Anchor Investors

India, Aug. 27 -- Cloud and data centre company ESDS Software Solution has raised Rs.216 Cr from anchor investors ahead of the opening of its Rs.720 Cr initial public offering (IPO). In its filings w... Read More


Alpha Wave Ventures Exits Aye Finance Via Rs.323 Cr Bulk Deals

India, Aug. 27 -- Global investment firm Alpha Wave has offloaded nearly 1.92 Cr shares or 7.78% stake in MSME-focused NBFC Aye Finance via bulk deals today, as per BSE data. Alpha Wave India I sold ... Read More


Ashish Kacholia-Backed Sanlayan Turns Profitable In FY26, Revenue Surges 5.7X To Rs.125 Cr

India, Aug. 27 -- Defence tech startup Sanlayan Technologies turned profitable in the financial year 2025-26 (FY26), as acquisitions helped it scale its portfolio of radar, electronic warfare, and oth... Read More


Defence Tech Startup Sanlayan Turns Profitable In FY26, Revenue Surges 5.7X To Rs.125 Cr

India, Aug. 27 -- Defence tech startup Sanlayan Technologies turned profitable in the financial year 2025-26 (FY26), as acquisitions helped it scale its portfolio of radar, electronic warfare, and oth... Read More


Building Pharma Labs In Space, Zerodha's Bland FY26 & More

India, Aug. 27 -- The Race To Make Drugs In Space For decades, microgravity research was largely about discovering how matter behaved beyond Earth. Now, Indian startups are exploring whether medicine... Read More


Caught In The GPU Pricing Paradox, Can ESDS Deliver A Bumper IPO?

India, Aug. 27 -- Two decades on, enterprise cloud and AI ecosystem provider ESDS Software Solution is setting sail for its next big quest - public markets. The Nashik-based company's IPO, which compr... Read More


OYO Parent PRISM's FY26 Profit Skyrockets 4X YoY To Rs.994 Cr

India, Aug. 27 -- IPO-bound PRISM's net profit for the fiscal year FY26 skyrocketed close to the Rs.1,000 Cr mark, growing by 306% YoY to Rs.994.2 Cr from Rs.244.8 Cr in the year-ago period. Importan... Read More


[Update] Rapido Back Online After An Hour Long App Outage

India, Aug. 27 -- Update | August 27, 20:02 IST Rapido's app outage was short lived, lasting about an hour. Consumers were able to book rides on the platform around 8 PM, making the disruption last a... Read More


After Eight Years Of Building Quietly, Can Raphe mPhibr Conquer The Skies With Its Long-Endurance UAVs?

India, Aug. 27 -- For nearly eight years, Raphe mPhibr stayed out of the spotlight. While Indian startups chased rapid growth, unicorn status and successive funding rounds, the Noida-based company wa... Read More


InspeCity Raises Rs.100 Cr To Fund Four Space Missions

India, Aug. 27 -- Spacetech startup InspeCity has raised Rs.100 Cr (around $10.4 Mn) in its pre-Series A funding round co-led by veteran investor Ashish Kacholia and Speciale Invest. The round also sa... Read More