Exclusive

Publication

Byline

Location

Inventory Model Pivot? Swiggy Seeks Shareholder Nod To Cap Foreign Ownership

India, May 14 -- Foodtech major Swiggy has kickstarted the process of becoming an Indian-owned and controlled company (IOCC). As part of this, the foodtech major has sought shareholder approval to ame... Read More


Shadowfax Posts Rs.56 Cr Profit In Q4, Revenue Jumps 74% YoY

India, May 14 -- Shadowfax turned profitable in the fourth quarter of the financial year ending March 2026 (Q4 FY26), reporting a consolidated net profit of Rs.55.8 Cr as against a net loss of Rs.9.9 ... Read More


Dhruva Space Bags Rs.105 Cr Under RDI Fund For Satellite Platform

India, May 14 -- Spacetech startup Dhruva Space has secured Rs.105 Cr ($10.9 Mn) in grant support under the Centre's Research, Development & Innovation Fund (RDIF) for 'Project Garud', a next-generati... Read More


Matrimony Q4: Profit Rises 18% YoY To Rs.9.7 Cr, Announces Dividend Of Rs.5

India, May 14 -- Listed match making company Matrimony's consolidated net profit for the fourth quarter of FY26 (Q4 FY26) increased 18.3% to Rs.9.7 Cr from Rs.8.2 Cr in the year-ago period. On a QoQ b... Read More


Zaggle Sinks 19% As Margin Dip Dampens Q4 Growth

India, May 14 -- Shares of Zaggle plunged as much as 19% during the intraday trading to hit a low of Rs.230.5 on BSE after the fintech SaaS company reported a sequential decline in margins despite str... Read More


EaseMyTrip Gets Board's Nod To Raise Rs.500 Cr Via Rights Issue

India, May 14 -- Listed travel tech company EaseMyTrip plans to raise up to Rs.500 Cr (about $52 Mn) via a rights issue. In an exchange filing, the company said its board approved the proposal to rai... Read More


US-Based Numero Acquires Royu To Expand Its AI Finance Platform

India, May 14 -- US-based AI finance platform Numero has acquired Chennai-headquartered finance automation startup Royu in a cash-and-stock deal. Without disclosing the exact size of the deal, Royu c... Read More


How Quick Commerce's $68 Bn GMV Opportunity Is Reshaping Brand Strategy

India, May 14 -- No longer just a fad, quick commerce is rapidly becoming a deeply embedded consumer habit in India. And the results are beginning to show. As per Inc42 Datalas' 'D2C 3.0: The Next Bi... Read More


Jio Platforms Appoints Akash Ambani As MD Ahead Of IPO

India, May 13 -- Reliance Industries' digital arm Jio Platforms has appointed Akash Ambani as its MD for a period of five years, effective April 9, 2026, ahead of its much-anticipated IPO. According ... Read More


Meet The Startups From 10th Cohort Of Maruti Suzuki's Accelerator Initiative

India, May 13 -- Auto giant Maruti Suzuki has selected six Indian startups for the tenth cohort of its flagship Accelerator Programme. The startups picked for the programme include, GenbaNEXT, Goat R... Read More