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Fintech's Second IPO Wave: This Time, It's About Profits

India, July 29 -- Almost five years ago, Paytm became one of the first Indian startups, and among the first fintech companies, to make its stock market debut. While the IPO received a muted response, ... Read More


Semiconductor Major Marvell To Invest $250 Mn in India, Double Headcount

India, July 29 -- US-based tech major Marvell Technology, which develops and produces semiconductors and related tech, announced its plans to invest $250 Mn in India over the next three years to expan... Read More


Aequs Reports Rs.53.2 Cr Loss In Q1 Despite A 55% YoY Jump In Revenue

India, July 29 -- Contract manufacturing company Aequs reported a net loss of Rs.53.2 Cr in the June quarter (Q1 FY27), against a net profit of Rs.3.6 Cr in the last year quarter. Sequentially, the co... Read More


Pine Labs Shares Slide 5.6% After Q1 Profit Slumps 67% QoQ

India, July 29 -- Shares of fintech major Pine Labs slumped as much as 5.6% to touch an intra-day low of Rs.144.4 on the BSE today, a day after the company released its financial results for the first... Read More


AI Data Centres To Consume 26.3 GW Power By FY32: MoS Power

India, July 29 -- The power ministry expects AI data centres to guzzle 26.3 gigawatts (GWs) of power by fiscal year 2031-32 (FY32). In a written reply before the Parliament, minister of state (MoS) f... Read More


AI Data Centres To Consumer 26.3 GW Power By FY32: MoS Power

India, July 29 -- The power ministry expects AI data centres to guzzle 26.3 gigawatts (GWs) of power by fiscal year 2031-32 (FY32). In a written reply before the Parliament, minister of state (MoS) f... Read More


Zepto Mulls IPO Delay As Investors Push For $2.5-$3 Bn Valuation

India, July 29 -- Zepto's IPO plans have hit another hurdle, with the quick commerce startup reportedly considering delaying its public listing as negotiations with institutional investors point to a ... Read More


Freshworks Appoints Ryan Manning As CPTO, CPO Raghavan Exits

India, July 29 -- Amid a top deck churn, SaaS major Freshworks has appointed former ServiceNow executive Ryan Manning as its new chief product and technology officer. He will be joining the company on... Read More


IPO-Bound OfBusiness' FY26 Profit Jumps 21% YoY To Rs.724 Cr

India, July 29 -- IPO-bound B2B ecommerce startup OfBusiness reported a 21% jump in its consolidated profit to Rs.724 Cr in FY26 from Rs.597 Cr in FY25. Its operating revenue remained largely flat at ... Read More


BlackBuck Q1: Profit Increases 25% To Rs.42 Cr, Revenue Zooms 42% YoY

India, July 29 -- Logistics major BlackBuck continued its profitability streak in the first quarter of FY27, reporting a net profit of Rs.42.2 Cr. While consolidated profit increased 25% from Rs.33.7 ... Read More