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FirstCry Q1: Loss Narrows 35% YoY To Rs.44 Cr, Revenue Up 13%

India, Aug. 13 -- Kidswear brand FirstCry's net loss narrowed 35% to Rs.44 Cr in the June quarter from Rs.66.5 Cr in the year-ago quarter. Sequentially, it declined about 9% from Rs.48.2 Cr. Operatin... Read More


Awfis Q1 Profit More Than Doubles To Rs.24 Cr, Revenue Up 27% YoY

India, Aug. 13 -- Coworking space provider Awfis' net profit jumped 140% to Rs.24 Cr in the June quarter (Q1 FY27) from Rs.10 Cr in the same quarter last year. The company's profit remained largely fl... Read More


Navi To File For Rs.3,000 Cr IPO By December: Report

India, Aug. 13 -- Fintech unicorn Navi is reportedly planning to file its draft red herring prospectus (DRHP) for an initial public offering (IPO) as early as December this year, with the proposed iss... Read More


Inside L&T Vyoma's Plan To Build India's AI Infrastructure Giant

India, Aug. 13 -- Larsen & Toubro (L&T) is consolidating its data centre, cloud and AI infrastructure businesses under newly incorporated subsidiary Vyoma.AI as it bids to build a larger play in India... Read More


How $303 Mn Bluetile Acquisition Complicates Nazara's Growth Story

India, Aug. 13 -- At a time when founder Nitish Mittersain is set to step down as the CEO on September 1, 2026, Nazara Technologies seems to be standing at an interesting crossroads. The gaming compa... Read More


Honasa Q1 Profit More Than Doubles To Rs.90 Cr, Revenue Up 27% YoY

India, Aug. 13 -- Mamaearth parent Honasa Consumer's consolidated net profit more than doubled to Rs.90.5 Cr in the quarter ended June 2026 from Rs.41.3 Cr in the year-ago period. Net profit grew 30% ... Read More


Snapchat Has Gen Z's Attention In India; It's Time To Monetise Now?

India, Aug. 13 -- India's festive shopping journey is becoming less linear with every season, and Snapchat is betting that this transition can help deepen its advertising business in the country and g... Read More


SEBI Issues Show Cause Notice To Paytm Over 2023 Disclosure

India, Aug. 13 -- The Securities and Exchange Board of India (SEBI) has issued a show cause notice (SCN) to the key managerial personnel (KMP) of fintech major Paytm over alleged violations of disclos... Read More


Mirae Asset Venture Investments Marks First Close Of Fund II At Rs.1,125 Cr

India, Aug. 13 -- Investment firm Mirae Asset Venture Investments (MAVI) India has marked the first close of its second fund at Rs.1,125 Cr ($117.9 Mn), to back high-growth Indian businesses. The fun... Read More


Exclusive: Former Dyson India Boss Ankit Jain Bags Funding From BEENEXT For New Venture

India, Aug. 13 -- Former Dyson India MD Ankit Jain is working on a startup focused on building premium consumer appliances, sources told Inc42. The startup, which is currently operating in stealth, h... Read More