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RDI Fund Row: Deeptech Investors Seek More Transparency, Independent Oversight

India, Aug. 16 -- For India's deeptech sector, the government's deeptech-focused Rs.1 Lakh Cr Research, Development and Innovation (RDI) fund was supposed to be a game changer. But ironically, instead... Read More


AI Startups To Watch: 5 Startups That Caught Our Eye In August

India, Aug. 15 -- India's AI story has grown beyond building an Indian equivalent of ChatGPT. The current phase is about building the infrastructure, data and applications that can make AI work for In... Read More


IPO-Bound Zypp Electric Slashes FY26 Loss By 45% YoY To Rs.60 Cr

India, Aug. 15 -- EV logistics startup Zypp Electric's parent Bycyshare Technologies managed to trim its consolidated net loss to Rs.59.7 Cr in the fiscal year 2025-26 (FY26), down 44.4% from Rs.107.5... Read More


From Yulu To Discovered Materials - Indian Startups Raised $140 Mn This Week

India, Aug. 15 -- Indian startup funding activity remained muted in the second week of August, even as astrology platform AstroTalk joined the unicorn club to become India's 133rd unicorn. Between Au... Read More


Turtlemint Jumps 23% To Lead Weekly Gains In New-Age Tech Stocks, Veefin Biggest Loser

India, Aug. 15 -- With the Q1 FY27 earnings season drawing to a close, company-specific financial performance and business updates drove movements in new-age tech stocks this week. While 30 new-age t... Read More


CRED-Backed NewTap Finance's FY26 Profit More Than Doubles To Rs.2.4 Cr

India, Aug. 15 -- CRED-backed NBFC NewTap Finance reported a net profit of Rs.2.4 Cr in the financial year ended March 31, 2026 (FY26), more than doubling from Rs.1 Cr in the previous fiscal year, as ... Read More


EaseMyTrip Slips Into Red With Rs.11.7 Cr Loss In Q1; Revenue Rises 18% YoY

India, Aug. 15 -- Online travel aggregator EaseMyTrip (EMT) slipped into the red in the June quarter of the financial year 2026-27 (Q1 FY27), posting a consolidated net loss of Rs.11.7 Cr compared to ... Read More


Atomberg To Form JV With Voltas To Manufacture AC Compressors

India, Aug. 15 -- IPO-bound consumer appliances startup Atomberg has joined hands with Tata-owned Voltas to manufacture compressors for room air conditioners (ACs) in India. In a statement, Voltas sa... Read More


WeWork Inc Sells 2.5% Stake In WeWork India For Rs.244 Cr

India, Aug. 15 -- US-based WeWork Inc yesterday offloaded WeWork India shares worth Rs.244.1 Cr via multiple open-market transactions. As per BSE data, WeWork Inc sold 35 Lakh shares, or 2.53% stake,... Read More


IPO-Bound Zetwerk's FY26 Loss Widens To Rs.1,606.2 Cr Despite 40% Uptick In Revenue

India, Aug. 15 -- In the run up to its initial public offering (IPO), contract manufacturer Zetwerk's net loss widened 333% to Rs.1,606.2 Cr in the fiscal year 2025-26 (FY26) compared to Rs.370.7 Cr l... Read More