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Ola Consumer's Loss Doubles To Rs.662.4 Cr In FY25

India, May 7 -- Ola Consumer, the ride-hailing arm of the Ola Group, reported a steep 101.5% increase in its net loss for FY25 to Rs.662.4 Cr from Rs.328.7 Cr in the previous fiscal year. The company... Read More


Apna Mart Moves Base To Gurugram, Lays Off 10% Workforce

India, May 7 -- Peak XV-backed quick commerce startup Apna Mart has reportedly laid off around 10% of its workforce as part of a restructuring exercise linked to AI adoption and relocation of its oper... Read More


InCred Holdings Files UDRHP For IPO, To Raise Rs.1,250 Cr Via Fresh Issue

India, May 7 -- InCred Holdings, the parent entity of NBFC major InCred Financial Services, has filed its updated draft red herring prospectus (UDRHP-I) with SEBI. The company's public issue will comp... Read More


The Hidden Cost Of Compute

India, May 6 -- India is in the middle of a full-blown data centre buildout, with global tech giants stepping in, backed by government support across policy, land, and infrastructure. From global hype... Read More


Freshworks Posts $4.8 Mn Loss In Q1 2026; To Lay Off 11% Workforce

India, May 6 -- Nasdaq-listed SaaS major Freshworks slipped into the red in the first quarter of 2026, posting a net loss of $4.8 Mn from a net profit of $191.4 Mn reported in the previous quarter (Q4... Read More


Dream11's Broking Avatar, Kissht's IPO & More

India, May 6 -- Dream Sports Forays Into Stock Broking Dream Sports is trading fantasy teams for financial portfolios. The company has debuted a stock broking platform, DreamStreet, to emerge as a fi... Read More


Exclusive: Robotics Startup General Autonomy Raises Rs.32 Cr At Rs.280 Cr Valuation

India, May 6 -- Robotics startup General Autonomy has raised about Rs.32 Cr (around $3.3 Mn) in its seed round led by existing investors Elevation Capital and India Quotient. The round also saw partic... Read More


Reliance Eyes Multi-Billion-Dollar LEO Satellite Push To Take On Starlink: Report

India, May 6 -- Reliance Industries is reportedly exploring a major play into the satellite communications segment through a multi-billion-dollar investment in low earth orbit (LEO) satellites. Accor... Read More


BigEndian Raises $6 Mn To Commercialise First SoC

India, May 6 -- Fabless semiconductor startup BigEndian Semiconductors has raised $6 Mn (around Rs.57.1 Cr) in its pre-Series A funding round led by IAN Alpha Fund. The round also saw participation fr... Read More


SEBI Forms Cybersecurity Task Force Amid Mythos Concerns

India, May 6 -- Amid growing concerns over Anthropic's Mythos, markets regulator Securities and Exchange Board of India (SEBI) has constituted a new task force to assess cybersecurity risks posed by A... Read More