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IPO-Bound Zetwerk Sued By Ayr Energy In US, Faces $1 Bn Damages Claim

India, July 22 -- Months after Zetwerk accused Ayr Energy and its founder of using stolen confidential information to build a rival business, the US-based transformer startup has hit back with legal c... Read More


IndiaMART Shares Sink 7.5% To 52-Week Low As Paid Supplier Concerns Mount

India, July 22 -- Shares of B2B ecommerce major IndiaMART fell as much as 7.5% during the intraday trading today to hit a 52-week low of Rs.1,773 before closing 5.25% lower at Rs.1,817.40 on the NSE. ... Read More


InGovern Asks SEBI To Examine Meesho's GST Disclosures

India, July 22 -- Proxy advisory firm InGovern Research Services has approached SEBI, seeking an examination of the GST position adopted by Meesho through its logistics arm Valmo Transportation and th... Read More


Soket AI Wants To Turn The Language Gap In AI Into India's Edge

India, July 22 -- Will AI models ever be as good for Indian languages as they are for English? Soket AI is attempting to find a real answer to this question by building large language models (LLMs) t... Read More


Blinkit's Q1 Adjusted EBITDA Rises To Rs.102 Cr; 'Others' Losses Rise On Nugget R&D

India, July 22 -- Eternal's quick commerce arm Blinkit's adjusted EBITDA rose to Rs.102 Cr in Q1 FY27 from Rs.37 Cr in the preceding March quarter, on the back of strong revenue growth. The vertical'... Read More


Eternal Q1: Profit Rises 3X YoY To Rs.92 Cr But Declines 47% Sequentially

India, July 22 -- Eternal, the parent of Blinkit and Zomato, reported a consolidated net profit of Rs.92 Cr in the first quarter of FY27. While this was a near 3X jump from Rs.25 Cr profit registered ... Read More


Eternal Q1 Profit Nearly Triples To Rs.92 Cr Despite Sequential Decline

India, July 22 -- Eternal, the parent company of Blinkit and Zomato, reported a consolidated net profit of Rs.92 Cr in the first quarter of FY27, up nearly 3.7X from Rs.25 Cr in the year-ago quarter. ... Read More


Why India Is Betting On Chip Design Startups With Rs.1.25 Lakh Cr ISM 2.0

India, July 22 -- More than four years after the launch of the Semicon India Programme, the Indian government is looking at a new course for the India Semiconductor Mission (ISM). After the Cabinet a... Read More


Aye Finance Q1 Profit Jumps 144% YoY To Rs.74.5 Cr

India, July 22 -- Listed NBFC Aye Finance reported a 143.5% jump in its net profit to Rs.74.5 Cr in the quarter ended June 2026 from Rs.30.6 Cr a year earlier. On a sequential basis, profit declined 1... Read More


InMobi Ropes In Four Bankers To Helm Its $1 Bn IPO

India, July 22 -- InMobi's initial public offering (IPO) is back on track. The SoftBank-backed adtech unicorn has now reportedly appointed four merchant bankers to helm its upcoming $1 Bn (Rs.9,634 Cr... Read More