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Amagi Posts Rs.34 Cr Profit In Q4, Revenue Jumps 29% YoY

India, May 20 -- Media SaaS company Amagi turned profitable in Q4 FY26, posting a consolidated net profit of Rs.34.3 Cr as against a loss of Rs.10.6 Cr in the same quarter last year. Sequentially, pro... Read More


Piper Serica Launches Rs.800 Cr VC Fund To Back Deeptech Startups

India, May 20 -- Asset management firm Piper Serica has launched a new Cat II AIF, the Bharat Tech Fund, with a potential size of Rs.800 Cr. While the target corpus of the fund is Rs.600 Cr, the firm ... Read More


RBI Proposes To Let Lenders Restrict Smartphone Functions In Case Of Default

India, May 20 -- The Reserve Bank of India (RBI) has issued amendment directions to revise 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents' as part of a wider rev... Read More


The Hidden Dollar Drain Behind India's AI Rush

India, May 20 -- India's AI boom may be quietly creating its next major dollar outflow problem. As startups and enterprises rush to embed generative AI and large language models into everything from ... Read More


IndiQube Spaces Q4: Loss Narrows 28% YoY To Rs.22.6 Cr, Revenue Jumps 49%

India, May 20 -- Coworking space provider IndiQube's net loss for the fourth quarter ending March 2026 (Q4 FY26) narrowed 28% to Rs.22.6 Cr from Rs.31.3 Cr in the same period last year. However, on a ... Read More


Oister Global Launches Third Secondaries Fund With Rs.500 Cr Corpus

India, May 20 -- PE firm Oister Global has launched its third secondaries vehicle, ACE Fund III, to back late-stage startups. The fund's Rs.500 Cr corpus comprises a base target of Rs.250 Cr and a Rs.... Read More


Inside ixigo's Agentic AI Travel Push

India, May 20 -- The travel app has barely changed in over a decade. You search. You scroll endlessly through filters. You open five tabs to compare timings, baggage rules, cancellation policies and ... Read More


upGrad Turns Profitable Ahead Of Unacademy Acquisition: Report

India, May 20 -- Edtech major upGrad turned PAT profitable in the first 11 months of the fiscal year FY26 ahead of its proposed acquisition of Unacademy, ET reported, citing a confidential valuation r... Read More


Exclusive: Anscer Robotics Bags Rs.45 Cr To Automate Industrial Operations

India, May 20 -- Industrial robotics startup Anscer Robotics has raised Rs.45 Cr (about $4.6 Mn) in its Series A round led by IAN Alpha Fund. The round also saw participation from existing investor In... Read More


Ola Electric Q4: Loss Declines 43% YoY To Rs.500 Cr, Revenue Plummets 57%

India, May 20 -- EV company Ola Electric managed to trim its consolidated net loss in the fourth quarter of FY26 (Q4 FY26) by 43% to Rs.500 Cr from Rs.870 Cr in the year-ago quarter. However, on a seq... Read More