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Shiprocket's Mixed Q1, Purple Style Labs' Muted Listing & More

India, Sept. 8 -- Shiprocket Reins In Losses In Q1 Shiprocket's first quarterly results since listing show a startup inching closer to profitability. In Q1 FY27, the logistics giant's revenue rose, a... Read More


Bajaj Finance Picks Up 5% Stake in AI Video Startup TrueFan AI

India, Sept. 8 -- Bajaj Finance, the NBFC arm of Bajaj Finserv, has acquired a 5% stake in Delhi NCR-based AI video generation platform TrueFan AI. The company didn't disclose the investment it made t... Read More


GalaxEye Secures US Patent for Satellite Imaging Tech

India, Sept. 8 -- In a first for an Indian spacetech startup, GalaxEye has got a US patent for satellite imaging technology, securing its landmark intellectual property that had already been patented ... Read More


Beyond Shipping: Shiprocket's Emerging Bets Gather Pace

India, Sept. 8 -- Gurugram-based ecommerce enablement platform Shiprocket is starting to reap the benefits of business bets it began placing well before its stock market listing earlier this year. It... Read More


SEBI Extends Accredited Investor Compliance Timeline For Angel Funds Till March

India, Sept. 8 -- Markets regulator SEBI has extended the deadline for angel funds to comply with the new accredited investor mandate by nearly seven months until March 31, 2027 after receiving repres... Read More


Whatfix Cofounder Vara Kumar Namburu Takes Over As CEO

India, Sept. 8 -- SaaS soonicorn Whatfix has appointed its cofounder Vara Kumar Namburu as chief executive, shortly after the unfortunate passing of cofounder Khadim Batti. Namburu, who cofounded the... Read More


Circolife Raises $4.5 Mn To Scale Subscription-Based Air Conditioning

India, Sept. 8 -- Climatetech startup Circolife has netted $4.5 Mn (around Rs.40.45 Cr) in a pre-Series A round led by Polycab India's joint MD Bharat Jaisinghani. The round also saw participation fr... Read More


ESDS Shares Triple From IPO Price, Hit 20% Upper Circuit For Third Straight Session

India, Sept. 8 -- Shares of enterprise cloud and AI company ESDS Software Solution hit the 20% upper circuit for the third consecutive session today, taking the stock to more than three times its IPO ... Read More


Fundly.ai Raises $4 Mn To Scale Pharma Payments, Commerce Infra

India, Sept. 8 -- B2B pharma distribution startup Fundly.ai has raised $4 Mn (about Rs.38 Cr) in a pre-Series A funding round co-led by existing investor Accel and Multiply. Former RBL Bank executive... Read More


The Ground Reality For The Gig Workers Powering India's Instant Help Boom

India, Sept. 8 -- It's festive season again and in Bengaluru's upscale neighbourhoods, the sight of women in colourful uniforms - black, purple, pink or green - is becoming too commonplace to ignore. ... Read More