Shadowfax To Add 85 Dark Stores, Expand Network To 100 In FY27

India, May 14 -- Logistics major Shadowfax plans to scale its dark store network to 100 stores from the current 15 in FY27 as it eyes the next phase of growth from same-day delivery, D2C brands, and h... Read More

Gameskraft Probe: ED Freezes Assets Worth Rs.526 Cr, Alleges Bot-Based Manipulation

India, May 14 -- The Enforcement Directorate (ED) has frozen assets worth Rs.526.49 Cr, seized gold jewellery worth Rs.3.5 Cr and Rs.11 Lakh cash as part of its ongoing money laundering probe against ... Read More

Unnati Agri Cofounder Ashok Prasad Passes Away

India, May 14 -- Agritech startup Unnati Agri's cofounder Ashok Prasad passed away on Monday (May 11) due to a sudden cardiac arrest. He was deeply involved in strengthening the company's growth, ins... Read More

Jagadeesh Kumar On The Indus Valley's Playbook For Building A Rs.200 Cr Toxin-Free Cookware Brand

India, May 14 -- What's cooking in the modern Indian kitchen? Not merely a facelift recipe, but a makeover, at work. What used to be a purely functional buy, like pots, pans, and pressure cookers, pi... Read More

Inventory Model Pivot? Swiggy Seeks Shareholder Nod To Cap Foreign Ownership

India, May 14 -- Foodtech major Swiggy has kickstarted the process of becoming an Indian-owned and controlled company (IOCC). As part of this, the foodtech major has sought shareholder approval to ame... Read More

Shadowfax Posts Rs.56 Cr Profit In Q4, Revenue Jumps 74% YoY

India, May 14 -- Shadowfax turned profitable in the fourth quarter of the financial year ending March 2026 (Q4 FY26), reporting a consolidated net profit of Rs.55.8 Cr as against a net loss of Rs.9.9 ... Read More

Dhruva Space Bags Rs.105 Cr Under RDI Fund For Satellite Platform

India, May 14 -- Spacetech startup Dhruva Space has secured Rs.105 Cr ($10.9 Mn) in grant support under the Centre's Research, Development & Innovation Fund (RDIF) for 'Project Garud', a next-generati... Read More

Matrimony Q4: Profit Rises 18% YoY To Rs.9.7 Cr, Announces Dividend Of Rs.5

India, May 14 -- Listed match making company Matrimony's consolidated net profit for the fourth quarter of FY26 (Q4 FY26) increased 18.3% to Rs.9.7 Cr from Rs.8.2 Cr in the year-ago period. On a QoQ b... Read More

Zaggle Sinks 19% As Margin Dip Dampens Q4 Growth

India, May 14 -- Shares of Zaggle plunged as much as 19% during the intraday trading to hit a low of Rs.230.5 on BSE after the fintech SaaS company reported a sequential decline in margins despite str... Read More

EaseMyTrip Gets Board's Nod To Raise Rs.500 Cr Via Rights Issue

India, May 14 -- Listed travel tech company EaseMyTrip plans to raise up to Rs.500 Cr (about $52 Mn) via a rights issue. In an exchange filing, the company said its board approved the proposal to rai... Read More

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