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A91 Partners, Xponentia-Backed SEDEMAC Files For IPO

India, Nov. 11 -- Deeptech startup SEDEMAC Mechatronics has filed its draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for an IPO comprising solely of an offer fo... Read More


What's Stopping Ajio From Living Out Reliance Retail's Digital Dream

India, Nov. 11 -- Reliance Retail didn't have yet another ecommerce experiment in mind when it rolled out Ajio. Instead, it wanted to make a statement to challenge online fashion giants. With its stro... Read More


DevX Q2: Profit Declines 71% YoY To INR 1.8 Cr

India, Nov. 11 -- Listed coworking space provider DevX posted a net profit of INR 1.8 Cr in Q2 FY26, a sharp decline of over 71% from INR 6.2 Cr PAT reported in the previous year-quarter. On a sequent... Read More


Finnable Raises INR 500 Cr To Expand Lending Portfolio, Strengthen Tech Stack

India, Nov. 11 -- Lending tech startup Finnable has raised INR 500 Cr ($56.5 Mn) in an equity funding round led by existing investors Z47 and TVS Capital. The fresh capital will help the startup expa... Read More


Bira 91 Fizzles Out, Groww's Next Act & More

India, Nov. 11 -- The Bitter Collapse Of Bira 91 Once hailed as India's craft beer darling, Bira 91 is now drowning in debt, disruption, and distrust. Besides staring at a fire sale, the brand is sad... Read More


[Update] Pine Labs IPO Closes With 2.5X Oversubscription

India, Nov. 11 -- Update | November 11, 19:20 IST Pine Labs' IPO closed with a 2.46X oversubscription today. The public issue received bids for 24.09 Cr shares against 9.78 Cr shares on offer. The e... Read More


[Update] PhysicsWallah IPO: Issue Subscribed 7% On Day 1

India, Nov. 11 -- Update | November 11, 17:53 PM PhysicsWallah's (PW) IPO saw muted demand on the first day of its opening. The company's issue attracted 1.31 Cr bids on day one against the 18.62 Cr ... Read More


Zaggle Q2: Profit Surges 72% YoY To INR 35 Cr

India, Nov. 11 -- Fintech SaaS company Zaggle reported a net profit of INR 35 Cr in Q2 FY26, up 72% YoY from INR 20.3 Cr in Q2 FY25 and 34% higher on a sequential basis from INR 26.1 Cr in Q1 FY26. I... Read More


Groww IPO: Peak XV Pockets 52X Gain, Y Combinator Rakes In INR 1,054 Cr

India, Nov. 11 -- Early investors of fintech major Groww, whose shares are scheduled to list on the exchanges tomorrow, raked in big gains from its IPO. Peak XV Partners, which offloaded 15.82 Cr sha... Read More


Unicommerce Q2: Profit Jumps 29% YoY To INR 5.8 Cr

India, Nov. 11 -- Ecommerce SaaS company Unicommerce's consolidated net profit for Q2 FY26 grew 29% to INR 5.8 Cr from INR 4.5 Cr in the year-ago quarter. On a sequential basis, profit grew 49% from I... Read More