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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


Maharashtra Makes Knowing Marathi Mandatory For App-Based Drivers

India, Aug. 12 -- The Maharashtra government has reportedly extended its Marathi language mandate to app-based cab drivers working for aggregators like Ola, Uber and Rapido. This makes a working knowl... Read More


Exclusive: AI Healthtech Startup August AI In Talks To Raise $4 Mn From Peak XV

India, Aug. 12 -- AI health companion startup August AI is in talks to raise about $4 Mn from Peak XV Partners, sources told Inc42. The contours of the proposed transaction, including the startup's v... Read More


Lenskart Q1: Profit Zooms 3.7X YoY To Rs.228.4 Cr, Revenue Up 43%

India, Aug. 12 -- Omnichannel eyewear giant Lenskart's consolidated net profit for Q1 FY27 surged 273% to Rs.228.4 Cr from Rs.61.2 Cr in the year-ago quarter. On a sequential basis, profit increased 1... Read More


Delhi HC Says Personality Rights 'Going Out Of Hand', Flags Free Speech Concerns

India, Aug. 12 -- The Delhi High Court (HC) observed yesterday that the idea of safeguarding one's personality rights is "going out of hand" now and cautioned that broad restrictions could impact free... Read More


Exclusive: Astrotalk Joins Unicorn Club After ESOP Buyback At $1 Bn Valuation

India, Aug. 12 -- Delhi NCR-based astrology platform Astrotalk has joined India's unicorn club after conducting an ESOP buyback at a valuation of $1 Bn, sources told Inc42. More than 100 employees so... Read More


Accel Closes Ninth India Fund With $550 Mn Corpus To Invest In AI, Deeptech

India, Aug. 12 -- Global venture capital firm Accel has raised $550 Mn for a new India-focused fund as it looks to step up investments in artificial intelligence (AI), deeptech and other emerging star... Read More


Shiprocket IPO Subscribed 35% On Day 1; Retail, Employee Quotas Fully Booked

India, Aug. 12 -- Ecommerce enabler Shiprocket's IPO was subscribed 0.35X within the first few hours of bidding today, led by demand from retail investors and employees. As of 11:57 IST, investors ha... Read More