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upGrad Turns Profitable Ahead Of Unacademy Acquisition: Report

India, May 20 -- Edtech major upGrad turned PAT profitable in the first 11 months of the fiscal year FY26 ahead of its proposed acquisition of Unacademy, ET reported, citing a confidential valuation r... Read More


Exclusive: Anscer Robotics Bags Rs.45 Cr To Automate Industrial Operations

India, May 20 -- Industrial robotics startup Anscer Robotics has raised Rs.45 Cr (about $4.6 Mn) in its Series A round led by IAN Alpha Fund. The round also saw participation from existing investor In... Read More


Ola Electric Q4: Loss Declines 43% YoY To Rs.500 Cr, Revenue Plummets 57%

India, May 20 -- EV company Ola Electric managed to trim its consolidated net loss in the fourth quarter of FY26 (Q4 FY26) by 43% to Rs.500 Cr from Rs.870 Cr in the year-ago quarter. However, on a seq... Read More


AI Entertainment Startup Mythik Raises $5 Mn at $50 Mn Valuation

India, May 20 -- AI-powered entertainment startup Mythik announced the raise of $5 Mn (Rs.48.4 Cr) in fresh funding from investors like Dream11 CEO Harsh Jain, Blume Founder's Fund, ex-McKinsey & Co R... Read More


Lenskart Q4: PAT Slips 8% YoY To Rs.204 Cr Despite 46% Revenue Jump

India, May 20 -- Eyewear giant Lenskart's net profit for the quarter ended March 2026 (Q4 FY26) declined 7.5% to Rs.203.6 Cr from Rs.220 Cr in the year-ago period. On a sequential basis, the company's... Read More


EndureAir Nets Rs.30 Cr Under RDI Scheme To Build Heavy-Payload Drone Platform

India, May 20 -- IIT Kanpur-incubated dronetech startup EndureAir Systems has received Rs.30 Cr (about $3.1 Mn) in grant support under the Centre's RDIF scheme to develop its SABAL-200 kg heavy-payloa... Read More


[Update] Zaggle Promoter Entity Buys 1.5 Lakh Shares Amid Bearish Stock Momentum

India, May 20 -- Update | May 20, 2026, 14:05 IST Zaggle's promoter group entity RAN Ventures Pvt Ltd further upped its stake in the company yesterday, purchasing another 50,000 shares from the open ... Read More


Sychedelic Bags $3.5 Mn To Build AI-Powered Mental Wellness Headphones

India, May 20 -- Wearable startup Sychedelic has raised $3.5 Mn (about Rs.31.5 Cr) in its seed round from investors like Cultadvisors LLP, TurboStart, Ideabaaz and Praveek Ventures, along with partici... Read More


Maharashtra Mulls Curbs On Bike Taxi Drivers Working Across Multiple Apps

India, May 20 -- The Maharashtra government is considering fresh curbs on bike taxi drivers operating across multiple aggregator platforms such as Ola, Uber and Rapido as part of a broader regulatory ... Read More


India's Swiss Watch Challengers

India, May 19 -- On April 10, the Prime Minister was spotted wearing a wristwatch adorned with a tiger motif that immediately drew the attention of watch enthusiasts in India - not for its price tag o... Read More