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The Devil In The Agent

India, Aug. 5 -- Imagine an AI agent at an Indian bank tasked with reconciling a failed transaction. In trying to complete the job, it quietly scans the internal network for credentials, jeopardising ... Read More


Freshworks Turns Profitable In Q2, Revenue Up 16% YoY To $237.4 Mn

India, Aug. 5 -- Nasdaq-listed SaaS major Freshworks reported a net profit of $3.2 Mn in the second quarter ended June 30 (Q2 CY26) as against a net loss of $1.7 Mn in the corresponding quarter last y... Read More


Pinegap Nets $8 Mn From Stellaris & Others To Build An Agentic Platform For Market Analysts

India, Aug. 5 -- AI-powered equity research startup Pinegap has raised $8 Mn (over Rs.76 Cr) in its Series A funding round led by Stellaris Venture Partners. Existing backers, including Silicon Valley... Read More


BPC Brand Typsy Beauty Raises Rs.20 Cr To Double Down On Quick Commerce, Offline Retail

India, Aug. 5 -- Beauty and personal care (BPC) brand Typsy Beauty has secured Rs.20 Cr ($2.1 Mn) in a fresh funding round led by Saama Capital, with participation from Genesis Luxury founder Sanjay K... Read More


Talks On MDR On UPI At A Premature Stage: RBI Governor Sanjay Malhotra

India, Aug. 5 -- Amid heated debate over the imposition of merchant discount rates (MDR) on UPI transactions, the Reserve Bank of India's (RBI) governor Sanjay Malhotra has informed that talks of the ... Read More


Reliance Retail Acquires Fashion Discovery Platform Furrl

India, Aug. 5 -- Reliance Retail (RRVL) has acquired Bengaluru-based fashion discovery platform Furrl in an all-cash deal for an undisclosed sum, bringing the startup's proprietary AI styling platform... Read More


Nykaa's Q1 Snapshot, Klassroom Wraps Up IPO & More

India, Aug. 5 -- Nykaa's Stellar Q1 Nykaa fired on all cylinders in Q1. The quarter saw the beauty ecommerce giant clock a three-fold jump in profits, expand margins and increase its footprint. Meanw... Read More


ArisInfra Q1 Profit Surges 4X YoY To Rs.20 Cr, Revenue Grows By 37%

India, Aug. 5 -- B2B ecommerce company ArisInfra Solutions recorded a consolidated profit after tax (PAT) of Rs.20 Cr in Q1 FY27, nearly 4X of its PAT of Rs.5.1 Cr in the year-ago period. On a sequen... Read More


Exclusive: Pain Care Startup Zanskar In Talks To Raise $6 Mn In Round Led By Bessemer

India, Aug. 5 -- Delhi NCR-based pain care startup Zanskar is in talks to raise about $6 Mn in a fresh funding round led by Bessemer Venture Partners, sources told Inc42. The discussions are ongoing ... Read More


Exclusive: AC Maker Optimist In Talks To Raise $10 Mn From TDK Ventures

India, Aug. 5 -- Delhi NCR-based cooling solutions startup Optimist is in talks to raise about $10 Mn in a fresh funding round from TDK Ventures, sources told Inc42. TDK Ventures, the corporate ventu... Read More