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Exclusive: AI Healthtech Startup August AI In Talks To Raise $4 Mn From Peak XV

India, Aug. 12 -- AI health companion startup August AI is in talks to raise about $4 Mn from Peak XV Partners, sources told Inc42. The contours of the proposed transaction, including the startup's v... Read More


Lenskart Q1: Profit Zooms 3.7X YoY To Rs.228.4 Cr, Revenue Up 43%

India, Aug. 12 -- Omnichannel eyewear giant Lenskart's consolidated net profit for Q1 FY27 surged 273% to Rs.228.4 Cr from Rs.61.2 Cr in the year-ago quarter. On a sequential basis, profit increased 1... Read More


Delhi HC Says Personality Rights 'Going Out Of Hand', Flags Free Speech Concerns

India, Aug. 12 -- The Delhi High Court (HC) observed yesterday that the idea of safeguarding one's personality rights is "going out of hand" now and cautioned that broad restrictions could impact free... Read More


Exclusive: Astrotalk Joins Unicorn Club After ESOP Buyback At $1 Bn Valuation

India, Aug. 12 -- Delhi NCR-based astrology platform Astrotalk has joined India's unicorn club after conducting an ESOP buyback at a valuation of $1 Bn, sources told Inc42. More than 100 employees so... Read More


Accel Closes Ninth India Fund With $550 Mn Corpus To Invest In AI, Deeptech

India, Aug. 12 -- Global venture capital firm Accel has raised $550 Mn for a new India-focused fund as it looks to step up investments in artificial intelligence (AI), deeptech and other emerging star... Read More


Shiprocket IPO Subscribed 35% On Day 1; Retail, Employee Quotas Fully Booked

India, Aug. 12 -- Ecommerce enabler Shiprocket's IPO was subscribed 0.35X within the first few hours of bidding today, led by demand from retail investors and employees. As of 11:57 IST, investors ha... Read More


Discovered Materials Raises $9 Mn For AI-Led Semiconductor Material Discovery

India, Aug. 11 -- AI-powered materials discovery startup Discovered Materials has raised $9 Mn (about Rs.85.9 Cr) in a seed funding round led by Lightspeed India Partners. The round also saw particip... Read More


Table Space Files DRHP For Rs.800 Cr+ IPO

India, Aug. 11 -- Managed workspace provider Table Space has filed its DRHP with SEBI for an IPO comprising a fresh issue of shares worth up to Rs.800 Cr and an offer for sale (OFS) of up to 6.55 Cr e... Read More


Inside Dark Store Festive Stock Up Strategy

India, Aug. 11 -- August is here, and India's biggest shopping months are just around the corner. From Raksha Bandhan and Ganesh Chaturthi to Navratri, Dussehra, Dhanteras and Diwali, the festive cale... Read More


Mobavenue AI Q1: PAT Zooms 94% YoY To Rs.12 Cr, Revenue Up 57%

India, Aug. 11 -- Listed adtech company Mobavenue AI Tech's net profit zoomed 94.3% to Rs.11.7 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27) from Rs.6 Cr in the year ago quarter. On a... Read More