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MobiKwik's Profitable Q4, India's CCTV Shake-Up & More

India, May 13 -- MobiKwik's Q4 Financial Scorecard It was a mixed Q4 for MobiKwik. Revenue contraction marred the full FY26 picture, but the company managed to cling on to its profitability in Q4, he... Read More


Veefin Solutions Q4: Profit Rises 106% QoQ To Rs.16 Cr, Revenue Up 27%

India, May 13 -- Supply chain financing company Veefin Solutions reported a 106.5% increase in its consolidated net profit to Rs.16 Cr in the fourth quarter of FY26 (Q4 FY26) from Rs.7.8 Cr in the pre... Read More


Zaggle Q4: Profit Jumps 30% To Rs.40.6 Cr, Revenue Up 50% YoY

India, May 13 -- Fintech SaaS company Zaggle reported a 30.4% increase in its consolidated net profit to Rs.40.6 Cr in the quarter ended March 2026 (Q4 FY26) from Rs.31.1 Cr in the corresponding quart... Read More


Maharashtra Seeks Shutdown Of Ola, Uber, Rapido Bike Taxi Services

India, May 13 -- Maharashtra transport minister Pratap Sarnaik wrote to the state's cyber crime department seeking immediate shutdown of app-based bike taxi services run by Ola, Uber and Rapido. He al... Read More


[Update] JFS Incorporates JV With Allianz To Foray Into General Insurance Segment

India, May 13 -- Update | May 13, 2026,16:15 IST Jio Financial Services (JFS) and Allianz have incorporated their joint venture, Jio Allianz General Insurance Limited (JAGIL), to operate a general in... Read More


Uber To Set Up Data Centre In India In Partnership With Adani Group

India, May 13 -- Ride-hailing giant Uber is setting up its first data centre in India, in partnership with Adani Group, in a major expansion of its technology and innovation footprint in the country. ... Read More


Flipkart Faces 18% GST On Delivery Charges After Relief Bid Fails

India, May 13 -- Walmart-owned Flipkart suffered a setback after the West Bengal Appellate Authority for Advance Ruling (WBAAAR) reportedly struck down a proposed structure that sought GST exemption o... Read More


Zoho Invests Rs.70 Cr In ONDC To Back Sovereign Tech Infrastructure

India, May 13 -- SaaS major Zoho has invested Rs.70 Cr (about $7.3 Mn) in the Open Network for Digital Commerce (ONDC) to support India's digital commerce infrastructure and increase digital commerce ... Read More


Housing Finance Startup Nivasa Finance Raises Rs.25 Cr

India, May 13 -- Housing finance platform Nivasa Finance has secured Rs.25 Cr (about $2.6 Mn) in its seed funding round from Prime Venture Partners, Blume Ventures, Whiteboard Capital, and a group of ... Read More


Raise Financial Acquires Greenlife Insurance Broking

India, May 13 -- Weeks after acquiring algo-trading platform Stratzy, fintech unicorn and Dhan parent Raise Financial Services has acquired GreenLife Insurance Broking Pvt Ltd (GIBL) in a cash-and-sto... Read More