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LEAP India Q1 Profit Jumps 30% YoY To Rs.25 Cr, Revenue Up 19%

India, Aug. 31 -- Recently listed logistics company LEAP India's net profit for the June quarter (Q1 FY27) increased by 30% to Rs.24.7 Cr from Rs.19 Cr in the year-ago period. Sequentially, the compan... Read More


Meta's Double Standards, Weekly Funding Rundown & More

India, Aug. 31 -- Is Meta Being Two-Faced On Child Safety? Meta has agreed to pay roughly $18 Bn to settle US lawsuits, which alleged that Facebook and Instagram harmed minors. Beyond money, Meta wil... Read More


Thank You, Sponsors, For Powering Inc42's D2C & Retail Summit 2026

India, Aug. 31 -- As India's D2C and retail ecosystem enters the era of D2C 3.0, Inc42's flagship, The D2C & Retail Summit, continues to bring the country's sharpest founders, operators, investors, an... Read More


[Update] Purple Style Labs IPO Stays 8% Subscribed At Close Of Day 1

India, Aug. 31 -- Update| August 31, 2026, 18:04 IST Pernia's Pop Up Shop parent Purple Style Labs' initial public offering (IPO) was only subscribed by 8% by the end of the first day of bidding. Th... Read More


Purple Style Labs Asks For A Luxury Premium

India, Aug. 31 -- Purple Style Labs, the parent company of luxury-fashion platform Pernia's Pop-Up Shop (PPUS), is heading to the public markets. The The initial public offering (IPO) will launch on A... Read More


PhonePe Launches UPI Payments For Feature Phones

India, Aug. 31 -- Walmart-owned fintech major PhonePe has launched UPI payments for feature phones, mobile phones that handle basic calling and text messaging, enabling them to make digital transactio... Read More


[Update] ESDS IPO Subscribed 18.3X On Day 2; NII Portion Booked 51X

India, Aug. 31 -- Update | August 31, 17:00 IST Enterprise cloud and AI company ESDS Software Solution's IPO was subscribed 18.34X by the end of the second day of bidding, driven by strong demand fro... Read More


Centre Notifies Rs.1.28 Lakh Cr Semicon 2.0, Targets 1 Lakh More Chip Engineers

India, Aug. 31 -- The Centre has notified the Rs.1.28 Lakh Cr Semicon 2.0 scheme to accelerate the development of India's semiconductor design and manufacturing ecosystem and strengthen domestic capab... Read More


Ather Shares Surge 5.7% To Hit Record High After Konarc Launch

India, Aug. 31 -- Shares of EV maker Ather Energy touched a fresh all-time high of Rs.1,703.90 during the intraday trading today following the company's launch of Konarc escooter. The stock jumped 5.... Read More


Zomato Lays Off 240 Employees, Shuts Hyderabad Customer Support Operations

India, Aug. 31 -- Eternal's food delivery business Zomato has fired around 240 employees as it shuts down its customer support operations in Hyderabad, sources told Inc42. The move follows a review o... Read More