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Anthropic Brings Claude Inference To India As Sovereign AI Race Heats Up

India, Aug. 3 -- Anthropic is bringing in-country inference for its AI platform Claude to India via Amazon Bedrock, AWS' managed service for building GenAI applications, removing one of the biggest ba... Read More


Swiggy's Instamart Turns A Corner

India, Aug. 3 -- The quick commerce industry in India got a reality check this week as Zepto's IPO plans were put on hold. Amid this, Swiggy's Q1 FY27 financials may come as something of a relief for ... Read More


IPO-Bound Imarticus Learning Acquires Singapore's BELLS Institute For Rs.800 Cr

India, Aug. 3 -- IPO-bound edtech startup Imarticus Learning has acquired Singapore-based BELLS Institute of Higher Learning for Rs.800 Cr as it gears up for an Rs.1,000 Cr IPO. The startup's first i... Read More


EV Components Manufacturer Matel Raises Rs.130 Cr To Accelerate R&D

India, Aug. 3 -- EV components manufacturer Matel Motion & Energy Solutions has raised Rs.130 Cr ($13.6 Mn) in Series B funding round led by early-growth stage VC fund UC Impower, with participation f... Read More


Edtech NBFC Avanse's Q1 FY27 Profit Jumps 31% YoY To Rs.154.3 Cr

India, Aug. 3 -- Education-focused NBFC Avanse Financial Services has reported a 31% YoY uptick in its net profit for the first quarter of the ongoing fiscal year (Q1 FY27) to Rs.154.3 Cr from Rs.118 ... Read More


How FireAI Is Helping Turn Enterprise Turn Data Into Decisions

India, Aug. 3 -- Trying to make sense of enterprise data can often feel like searching for a needle in a haystack. For brands like Bata, the challenge was never the lack of data, but too much of it s... Read More


Ather Trims Q1 Loss 71% YoY To Rs.51 Cr, Revenue Jumps 89%

India, Aug. 3 -- EV major Ather Energy managed to trim its net loss in the June quarter (Q1 FY27) by 71% to Rs.51.1 Cr from Rs.178.2 Cr a year ago. Sequentially, loss shrank 49% from Rs.100.2 Cr. Ope... Read More


Ather Trims Q1 Loss 71% YoY To Rs.51 Cr, Turns EBITDA Positive

India, Aug. 3 -- EV major Ather Energy narrowed its net loss in the June quarter (Q1 FY27) by 71% to Rs.51.1 Cr from Rs.178.2 Cr a year ago. Sequentially, loss shrank 49% from Rs.100.2 Cr. Operating ... Read More


Battery Smart To File DRHP In September-October For IPO: Report

India, Aug. 3 -- Battery swapping startup Battery Smart is gearing up for its IPO and is likely to file the DRHP in September or October. A PTI report, citing sources, said the Delhi NCR-based startu... Read More


Klassroom IPO: Issue Subscribed 91% On Day 2 So Far

India, Aug. 3 -- Edtech startup Klassroom's BSE SME IPO continued to witness strong investor demand on the second day of bidding. As of 14:20 IST on Monday, investors placed bids for 15.99 Lakh shares... Read More