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BlackBuck Q2: Profit Rises 42% YoY To Rs.41 Cr, Revenue Jumps 56%

India, Oct. 29 -- Trucking platform BlackBuck reported a 41.8% jump in consolidated net profit to Rs.41.4 Cr in the September quarter of FY27 from Rs.29.2 Cr in the year-ago period. Operating revenue... Read More


Shadowfax Q2 Profit Zooms Over 5X YoY To Rs.68 Cr, Revenue Crosses Rs.1,500 Cr

India, Oct. 29 -- Logistics company Shadowfax reported an over 5X year-on-year (YoY) jump in its net profit for the September quarter (Q2 FY27) to Rs.68 Cr from Rs.13 Cr in the year-ago quarter. Seque... Read More


Pine Labs Q2 Profit Jumps Over 6X YoY To Rs.38.6 Cr, Revenue Rises 24%

India, Oct. 29 -- Pine Labs' profit for the September quarter jumped over 6X year-on-year (YoY) to Rs.38.6 Cr fromRs.6 Cr in the year-ago quarter. Sequentially, net profit rose 97% from Rs.19.6 Cr in ... Read More


Freshworks Acquires AI Startup Robusta To Strengthen IT Operations Platform

India, Oct. 29 -- Nasdaq-listed SaaS major Freshworks has acquired Israel-based AI startup Robusta Dev for an undisclosed amount to strengthen its IT service management platform Freshservice. The acq... Read More


Ace Blend Raises $9.9 Mn To Fund Clinical Trials, Expand Nutrition Portfolio

India, Oct. 29 -- D2C nutrition and dietary supplements brand Ace Blend has raised $9.9 Mn (about Rs.95 Cr) in a Series A2 funding round led by 3one4 Capital, with participation from existing investor... Read More


Innodata Lays Off Nearly 550 Employees In India: Report

India, Oct. 28 -- US-based Innodata has become the latest company to lay off a big chunk of its staff in India. The AI services company reportedly axed nearly 550 jobs in the country, nearly 5% of its... Read More


[Update] Bombay HC Rejects Meta's Plea To Move Blink Digital's Rs.1,000 Cr Suit To US

India, Oct. 28 -- Update | October 28, 11:16 IST The Bombay High Court rejected Meta Platforms Inc.'s plea challenging its jurisdiction to hear a Rs.1,000 Cr commercial suit filed by digital advertis... Read More


Finding India's Next AI Goldmine

India, Oct. 28 -- A recent debate over investors' lack of interest in India's hardware and deeptech bets has brought some longstanding challenges in the ecosystem back into focus. These include a lack... Read More


Jio Platforms Lists At 21.36% Premium After India's Largest IPO

India, Oct. 28 -- Shares of Jio Platforms, the telecom and digital services arm of Reliance Industries, listed at Rs.1,358 apiece on the BSE and the NSE, a 21.36% premium to the issue price of Rs.1,11... Read More


[Update] Jio Platforms Shares Close 26.66% Above Issue Price On Debut

India, Oct. 28 -- Update | October 28, 19:55 IST Shares of Jio Platforms ended their maiden trading session at Rs.1,417.35 on the BSE, up 26.66% from the issue price of Rs.1,119 and 4.37% from the li... Read More