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Flipkart Drives Walmart's Ecommerce, Advertising Growth In Q1 FY27

India, May 22 -- Flipkart and its quick commerce arm Flipkart Minutes featured in Walmart's Q1 FY27 earnings commentary as the global retail giant shed light on the platform's rapid delivery expansion... Read More


IT Ministry To Block Kalshi, Ban Order Against Polymarket Soon

India, May 21 -- The IT ministry (MeitY) is reportedly all set to formally block US-based prediction market platform Kalshi as soon as tomorrow (May 22). A MeitY official told The Print that the mini... Read More


Innovaccer Buys CaduceusHealth To Expand AI-Led Revenue Cycle Management

India, May 21 -- Healthtech unicorn Innovaccer has acquired the assets of US-based revenue cycle management (RCM) services provider CaduceusHealth, marking its fifth acquisition in the last two years.... Read More


Wakefit Q4: PAT Skyrockets To Rs.122 Cr, Revenue Up 14% YoY

India, May 21 -- Mattress brand Wakefit's consolidated profit after tax (PAT) skyrocketed to Rs.121.8 Cr against a loss of Rs.26.2 Cr in the year-ago period. PAT surged 282% from Rs.31.9 Cr in the pre... Read More


India's AI Inference Problem, Anscer Bags Rs.45 Cr & More

India, May 21 -- The Dollar Cost Of AI Inference India's AI boom may be quietly creating its next major dollar outflow problem. As startups and enterprises rush to embed generative AI and large lang... Read More


Agent Traps: Enterprise Agentic AI Wave Brings In New Threats

India, May 21 -- In April 2026, Vercel, a cloud application deployment platform, disclosed a security incident that did not originate within its own infrastructure, but through a third-party AI tool u... Read More


Shastra VC Launches $100 Mn Fund to Back Deeptech Startups

India, May 21 -- Bengaluru-based VC firm Shastra VC has launched its third fund with a corpus of $100 Mn (about Rs.963 Cr) to back early-stage startups in deeptech, AI and climate sciences sectors. I... Read More


ixigo Q4: Profit Rises 91% YoY To Rs.32 Cr, Revenue Grows 9%

India, May 21 -- Traveltech company ixigo's consolidated net profit for the fourth quarter of FY26 zoomed 91% to Rs.32.1 Cr from Rs.16.8 Cr in the previous year quarter. On a sequential basis, profit ... Read More


Honasa Q4: Profit Surges 178% To Rs.69 Cr, Declares Rs.3/Share Dividend

India, May 21 -- Mamaearth parent Honasa Consumer's consolidated net profit skyrocketed 177.6% to Rs.69.4 Cr in the last quarter of FY26 from Rs.25 Cr in the same quarter last year. Sequentially, prof... Read More


Nykaa Q4: Profit Zooms 4X To Rs.79 Cr, Revenue Up 28%

India, May 21 -- BPC major Nykaa's consolidated net profit surged 4X to 78.8 Cr in the fourth quarter of FY26 from Rs.19.1 Cr in the year-ago quarter. Sequentially, profit grew 16% sequentially from R... Read More