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Zepto Faces Fresh Regulatory Heat As Bengaluru Warehouse Sealed Over Food Safety Violations

India, Aug. 11 -- Adding to the ongoing regulatory scrutiny, the Food Safety Division of Karnataka's Food Safety and Drug Administration Department has sealed a major Zepto warehouse in Bengaluru's Ho... Read More


Porter FY26 Profit Skyrockets 4X YoY To Rs.229 Cr, Revenue Up 54%

India, Aug. 11 -- Logistics unicorn Porter posted a net profit of Rs.229 Cr in the financial year ended March 31, 2026 (FY26), a 314% jump from Rs.55.3 Cr reported in the year-ago period, driven to sh... Read More


IPO-Bound Shiprocket Nets Rs.727.4 Cr From Anchor Investors

India, Aug. 11 -- Ahead of the commencement of the bidding for its public issue tomorrow (August 12), IPO-bound logistics major Shiprocket has raised Rs.727.4 Cr from anchor investors. The startup al... Read More


PM E-DRIVE E2W Subsidy Extended Till March 2028 With Rs.1,000 Cr Additional Outlay

India, Aug. 11 -- In a bid to boost EV adoption in the country, the Central has increased the total outlay of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme to ... Read More


B2C Giants Add AI Twist, LEAP India IPO Day 2 & More

India, Aug. 11 -- From Eternal To CARS24: AI Projects Go Big Some of India's biggest startups are adding a dash of AI to their core businesses and even spinning off new ventures with AI at the heart.... Read More


[Update] LEAP India IPO Closes With 8.38X Oversubscription

India, Aug. 11 -- Update | August 11, 19:42 IST Logistics tech company LEAP India's IPO closed today after receiving strong interest. The public issue was oversubscribed 8.38X at the end of the final... Read More


Anthropic Adds Watermarks In Claude Content As Deepfakes Run Amok

India, Aug. 11 -- As AI-generated content floods the internet, differentiating machine output from human work has emerged as a defining problem. While regulators are push AI companies to label AI-gene... Read More


Table Space's FY26 Loss Shrinks 74%, Revenue Crosses Rs.2,200 Cr

India, Aug. 11 -- Managed office space provider Table Space managed to trim its net loss for the fiscal year FY26 by 74% to Rs.403.4 Cr from Rs.1,554.1 Cr in the previous fiscal year. Operating reven... Read More


slice Swings To Rs.51 Cr Profit In Q1, Total Income Rises 39% YoY

India, Aug. 11 -- slice Small finance bank (SFB) swung to a profit after tax (PAT) of Rs.50.9 Cr in the June quarter of the financial year 2026-27 (Q1 FY27) from a net loss of Rs.10.1 Cr in the year-a... Read More


Matrimony Q1 Profit Doubles YoY To Rs.19 Cr, Revenue up 13%

India, Aug. 11 -- Listed matchmaking platform Matrimony's consolidated net profit for Q1 FY27 skyrocketed 2.2X YoY to Rs.19.1 Cr from Rs.8.4 Cr in the year-ago quarter. On a sequential basis, profit s... Read More