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Swiggy Q2: Loss Surges 74% YoY To INR 1,092 Cr

India, Oct. 30 -- Swiggy continued to bleed heavily in the second quarter of FY26. The foodtech major's net loss for the period zoomed 74.4% to INR 1,092 Cr from INR 626 Cr in Q2 FY25. On a sequential... Read More


Amazon To Lay Off 800-1,000 Employees In India

India, Oct. 30 -- As part of a global retrenchment exercise, ecommerce major Amazon may reportedly lay off 800 to 1,000 corporate employees in India. A source told Economic Times that the layoffs wil... Read More


IPO-Bound Shiprocket's FY25 Loss Narrows 88% To INR 74.5 Cr

India, Oct. 30 -- Logistics major Shiprocket saw its consolidated net loss decline 87.5% to INR 74.5 Cr in the year ended March 2025 from INR 595.2 Cr in FY24, led by improvement in margins and revenu... Read More


PointAI Bags INR 47 Cr To Take Its Virtual Try-On Offering Global

India, Oct. 30 -- AI startup PointAI (erstwhile Try ND Buy) has raised INR 47 Cr ($5.3 Mn) in its Pre-Series A funding round led by Yali Capital, with participation from VC firm Walden International's... Read More


IPO-Bound Captain Fresh Swings To The Black, Posts INR 42 Cr PAT In FY25

India, Oct. 30 -- IPO-bound B2B seafood supply chain startup Captain Fresh has turned profitable in FY25, posting a consolidated net profit of INR 42.4 Cr compared to a loss of INR 229 Cr in FY24, as ... Read More


Jupiter Bags $15 Mn At A Flat $600 Mn Valuation

India, Oct. 30 -- Fintech startup Jupiter has reportedly raised $15 Mn (INR 115 Cr) in a strategic funding round from existing backers Mirae Asset Venture Investments, BEENEXT and 3one4 Capital. Sour... Read More


Heritage Foods Acquires Majority Stake In Dessert Brand Get-A-Way

India, Oct. 30 -- Hyderabad-based dairy company Heritage Foods yesterday said that its board approved a proposal to acquire a controlling (51% stake) in D2C dessert brand Get-A-Way's parent, Peanutbut... Read More


PB Fintech Shares Jump 5% After Strong Q2 Results

India, Oct. 30 -- Policybazaar parent PB Fintech's shares surged 5% to INR 1,813.70 during the intraday trading on the BSE today after the company reported strong Q2 FY26 results yesterday. PB Fintec... Read More


CCPA Issues Investigation Report To Ola Electric; Hearing Scheduled For Nov 10

India, Oct. 29 -- Over a year after sending a show cause notice (SCN) to Ola Electric, the Central Consumer Protection Authority (CCPA) has sent the EV major its investigation report in the matter per... Read More


How Indian LPs Should Approach Early Stage VC Now

India, Oct. 29 -- The 2020-22 cycle was a sugar high. Cheap money, crossover FOMO, and "growth-at-all-costs" playbooks pushed prices to places the fundamentals did not justify. That party ended. And ... Read More