EloElo Group Bags $80 Mn From NBCUniversal, Others To Take Its Microdrama Biz Global

India, Nov. 4 -- Microdrama platform Story TV's parent EloElo Group has raised $80 Mn (nearly Rs.756 Cr) in a Series C funding round led by global media and entertainment giant NBCUniversal and Hornbi... Read More

DSCI Floats Framework To Determine Liability For Harm Caused By AI Agents

India, Nov. 4 -- The Data Security Council of India (DSCI) has proposed an industry framework to determine liability when autonomous AI agents cause harm. It recommends assigning responsibility across... Read More

Fractal Q2: Profit Zooms 139% YoY to Rs.79 Cr, Revenue At Rs.957 Cr

India, Nov. 4 -- AI and advanced analytics company Fractal more than doubled (139%) its net profit to Rs.79.2 Cr in the second quarter (Q2) of the fiscal year 2026-27 (FY27) from Rs.33.2 Cr in the yea... Read More

Tracxn Q2 Loss Narrows 26% YoY To Rs.4.1 Cr, Revenue Stays Flat

India, Nov. 4 -- Listed private market intelligence platform Tracxn Technologies reported a 25.8% decline in its net loss to Rs.4.1 Cr in the September quarter of FY27 (Q2 FY27) from Rs.5.6 Cr, helped... Read More

Now, upGrad Files Insolvency Petition Against Bira91 Over Rs.1.02 Cr Dues

India, Nov. 4 -- upGrad has filed an insolvency petition against B9 Beverages Ltd, the maker of Bira91 beer, over alleged unpaid dues of Rs.1.02 Cr, adding to the financial and legal challenges facing... Read More

PhysicsWallah Returns To The Black In Q2, Posts A Profit of Rs.143.6 Cr

India, Nov. 4 -- Edtech major PhysicsWallah (PW) posted a consolidated net profit of Rs.143.6 Cr in the September quarter (Q2 FY27), over double from Rs.69.7 Cr profit registered in the year-ago quart... Read More

NPCI Expands Beyond Payments With AI, Blockchain-Focused Subsidiary

India, Nov. 4 -- The National Payments Corporation of India (NPCI) has set up a wholly owned subsidiary, NPCI Tech Solutions Ltd (NTSL), to build capabilities in AI, blockchain, and digital financial ... Read More

Nykaa's Q2 Profit More Than Triples To Rs.101 Cr, Revenue Up 28% YoY

India, Nov. 4 -- Beauty and fashion ecommerce major Nykaa reported a 206.8% jump in its consolidated net profit to Rs.101.2 Cr in the September quarter of FY27 (Q2 FY27) from Rs.33 Cr in the year-ago ... Read More

Lenskart Q2 Profit Jumps 125% YoY To Rs.233 Cr, Revenue Rises 36%

India, Nov. 4 -- Listed eyewear company Lenskart reported a 124.7% jump in its consolidated net profit to Rs.232.5 Cr in the September quarter of FY27 (Q2 FY27) from Rs.103.5 Cr in the year-ago period... Read More

MapmyIndia Q2: Profit Rises 90% YoY To Rs.35 Cr, Revenue Up 16%

India, Nov. 4 -- MapmyIndia reported a 90.6% YoY jump in its consolidated net profit for the September quarter (Q2 FY27) to Rs.35.3 Cr from Rs.18.5 Cr in the year-ago period. Sequentially, the profit ... Read More

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