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Soket AI Wants To Turn The Language Gap In AI Into India's Edge

India, July 22 -- Will AI models ever be as good for Indian languages as they are for English? Soket AI is attempting to find a real answer to this question by building large language models (LLMs) t... Read More


Blinkit's Q1 Adjusted EBITDA Rises To Rs.102 Cr; 'Others' Losses Rise On Nugget R&D

India, July 22 -- Eternal's quick commerce arm Blinkit's adjusted EBITDA rose to Rs.102 Cr in Q1 FY27 from Rs.37 Cr in the preceding March quarter, on the back of strong revenue growth. The vertical'... Read More


Eternal Q1: Profit Rises 3X YoY To Rs.92 Cr But Declines 47% Sequentially

India, July 22 -- Eternal, the parent of Blinkit and Zomato, reported a consolidated net profit of Rs.92 Cr in the first quarter of FY27. While this was a near 3X jump from Rs.25 Cr profit registered ... Read More


Eternal Q1 Profit Nearly Triples To Rs.92 Cr Despite Sequential Decline

India, July 22 -- Eternal, the parent company of Blinkit and Zomato, reported a consolidated net profit of Rs.92 Cr in the first quarter of FY27, up nearly 3.7X from Rs.25 Cr in the year-ago quarter. ... Read More


Why India Is Betting On Chip Design Startups With Rs.1.25 Lakh Cr ISM 2.0

India, July 22 -- More than four years after the launch of the Semicon India Programme, the Indian government is looking at a new course for the India Semiconductor Mission (ISM). After the Cabinet a... Read More


Aye Finance Q1 Profit Jumps 144% YoY To Rs.74.5 Cr

India, July 22 -- Listed NBFC Aye Finance reported a 143.5% jump in its net profit to Rs.74.5 Cr in the quarter ended June 2026 from Rs.30.6 Cr a year earlier. On a sequential basis, profit declined 1... Read More


InMobi Ropes In Four Bankers To Helm Its $1 Bn IPO

India, July 22 -- InMobi's initial public offering (IPO) is back on track. The SoftBank-backed adtech unicorn has now reportedly appointed four merchant bankers to helm its upcoming $1 Bn (Rs.9,634 Cr... Read More


Smartworks Posts Rs.13 Cr Profit In Q1, Revenue Zooms 44% YoY To Rs.546 Cr

India, July 22 -- Coworking space provider Smartworks posted a consolidated net profit of Rs.13.1 Cr in the first quarter of FY27 as against a loss of Rs.4.2 Cr in the same quarter last year. However,... Read More


Orbit Achieved, Scale Pending: Why India's Space Startups Need State-Backed Capital

India, July 22 -- Vikram-1 reached orbit on 18 July on its very first attempt, having raised roughly $150 Mn across its entire life as a company. That number, not the launch itself, is a strategic hea... Read More


Paytm Eyes New Horizons With Enterprise AI & Wallet Revival

India, July 22 -- Nearly two years after shifting its focus from chasing scale to building a profitable fintech business, Paytm is now laying the groundwork for another transition. This time, the com... Read More