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Yatra's Q1 Profit Crashes 98% YoY To Rs.34 Lakhs

India, Aug. 12 -- Online travel aggregator (OTA) Yatra's consolidated net profit crashed 97.9% to Rs.34 Lakhs in the first quarter (Q1) of the fiscal year 2026-27 (FY27) from nearly Rs.16 Cr in the ye... Read More


Yulu Bags $93 Mn To Scale EV Fleet, Enter Full-Size Electric Scooter Segment

India, Aug. 12 -- Electric mobility service provider Yulu has raised $93 Mn (about Rs.887.5 Cr) in its Series C funding round led by GEF Capital Partners as it looks to expand its fleet and enter the ... Read More


Bank Of America To Buy 49.9% Stake In Jio Financial Services' NBFC Arm For $1.9 Bn

India, Aug. 12 -- Bank of America's wholly-owned subsidiary NB Holdings Corporation has signed a definitive joint venture (JV) agreement with Jio Financial Services (JFS) to invest up to Rs.18,268.2 C... Read More


Cursor To Open First India Office By 2026 End: Report

India, Aug. 12 -- Adding to its India push, US-based AI coding major Cursor is reportedly set to open its first office in India by the end of this calendar year. "Over the course of the next five mon... Read More


DevX Q1 Profit Jumps To Rs.1.5 Cr Despite A 3.3% YoY Dip In Revenue

India, Aug. 12 -- Office space provider DevX (Dev Accelerator) reported a consolidated net profit of Rs.1.50 Cr in Q1 FY27, more than 10X of the Rs.14 Lakh profit it registered in the year-ago period.... Read More


Table Space All Set For IPO, Watermarking AI & More

India, Aug. 12 -- Table Space's Rs.800 Cr IPO Table Space is back in the market with its IPO ambitions. The managed workspace provider has filed its DRHP with SEBI for an IPO, which will comprise bot... Read More


[Update] Shiprocket IPO: Public Issue Subscribed 97% On Day 1

India, Aug. 12 -- Update| August 12, 17:31 IST Shiprocket's public issue was subscribed 97% on the first day of bidding, receiving bids for 9.15 Cr equity shares against 9.44 Cr shares on offer. Up ... Read More


Uber Takes Bike Services To 100 More Cities Amid Intense Competition

India, Aug. 12 -- Ride-hailing major Uber has announced the expansion of its bike taxi service, Uber Bike, to 100 cities in India. Overall, the ride-hailing major claims to be present in more than 220... Read More


How SwishX Is Fixing Messy Back Office Sales Workflows For Pharma Companies With AI

India, Aug. 12 -- When Swish Club raised $4.5 Mn in early 2024, it looked like yet another startup trying to solve enterprise device procurement and leasing. The company rented laptops, leased smartph... Read More


IndiQube Trims Q1 Loss By 35% YoY To Rs.24 Cr, Revenue Jumps 37%

India, Aug. 12 -- Coworking space provider IndiQube Space managed to trim down its Q1 FY27 net loss by 35% to Rs.23.9 Cr from Rs.36.8 Cr in the same quarter last year. Sequentially, the loss increased... Read More