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Ola Electric Q2: Loss Narrows 15% To INR 418 Cr, Auto Segment Turns EBITDA Positive

India, Nov. 6 -- EV maker Ola Electric managed to trim its consolidated net loss by over 15% to INR 418 Cr in the second quarter of the ongoing fiscal year (Q2 FY26) from INR 495 Cr in the same quarte... Read More


Junio Payments Gets RBI Nod To Issue Prepaid Payment Instruments

India, Nov. 6 -- Fintech startup Junio Payments has secured an in-principle authorisation from the Reserve Bank of India (RBI) to issue prepaid payment instruments (PPIs). The startup said that the RB... Read More


Physics Wallah IPO: Price Band Set At INR 103-109, Seeks $3.5 Bn Valuation

India, Nov. 6 -- Edtech major Physics Wallah (PW) has set a price band of INR 103 to INR 109 for its initial public offering (IPO), which is set to open on November 11 (Tuesday). At the upper end of ... Read More


The Catfish Effect: How AI Is Catapulting Indian Tech Into Its Next Orbit

India, Nov. 6 -- In every industrial transformation, there comes a catalytic moment when a new force jolts an entire ecosystem into motion, exposing inertia, rewriting hierarchies, and compelling rein... Read More


Inside IntrCity's INR 1,000 Cr Odyssey

India, Nov. 6 -- When Thirukkurungudi Vengaram Sundram Iyengar, the Indian industrialist who founded the TVS Group, introduced intercity passenger bus service in Tamil Nadu in 1912, India barely had a... Read More


Eternal's District Is Still Searching For Its Footing

India, Nov. 6 -- A year after Eternal (formerly Zomato) acquired Paytm Insider for a staggering INR 2,048 Cr, at roughly 6-7X of the latter's FY24 revenue, the foodtech giant is struggling to justify ... Read More


ED Attaches Assets Of Suresh Raina, Shikhar Dhawan In 1xBet Betting Case

India, Nov. 6 -- The Enforcement Directorate (ED) has attached assets worth INR 11.14 Cr belonging to cricketers Suresh Raina and Shikhar Dhawan in connection with endorsement of illegal betting platf... Read More


PW All Set For IPO, India's Data Centre Boom & More

India, Nov. 6 -- PhysicsWallah's Biggest Test Yet PhysicsWallah is all set for its D-Street debut. The edtech giant has filed its red herring prospectus with SEBI for an INR 3,480 Cr public listing, ... Read More


Smartworks Cuts Q2 Loss 80% YoY To INR 3 Cr

India, Nov. 6 -- Coworking space provider Smartworks managed to cut its Q2 FY26 net loss by 80% to INR 3.1 Cr from INR 15.8 Cr in the year-ago period. On a sequential basis, loss reduced by 26% from I... Read More


[Update] Groww IPO: Issue Oversubscribed 1.64X On Day 2

India, Nov. 6 -- Update | November 6, 17:50 IST Groww's IPO continued to see strong investor interest on day two. The company's IPO ended the day with an oversubscription of 1.64X, receiving bids for... Read More