Exclusive

Publication

Byline

Location

Swiggy's Q1 Snapshot, Sarvam Widens AI Horizon & More

India, July 31 -- Swiggy Marches Closer To Profitability In Q1 Swiggy inched closer to profitability in Q1. During the quarter, its core food delivery vertical continued to grow despite margin pressu... Read More


CRED After Kunal Shah: Can The 'Walled Garden' Business Model Pay For Itself?

India, July 31 -- For the first five years of CRED's existence, the question on everyone's minds was: how will CRED even make money. In 2023, we started seeing the first signs of how the fintech giant... Read More


UPI's Monetisation Moment: Why MDR Is Back On The Table

India, July 31 -- For nearly six years, Unified Payments Interface (UPI) transactions in India have carried a zero-cost promise: no Merchant Discount Rate (MDR), no platform fee, no technology fee. T... Read More


E2W Registrations Dip 1.7% MoM In July, TVS Motor Defies Trend With 10% Growth

India, July 31 -- Electric two-wheeler (E2W) registrations declined 1.7% to 1.91 Lakh units in July from 1.94 Lakh units in June, with TVS Motor bucking the broader trend by posting double-digit growt... Read More


Urban Company Posts Rs.92 Cr Loss In Q1, Revenue Up 44% YoY

India, July 31 -- Home services company Urban Company posted yet another loss-making quarter, reporting a consolidated net loss of Rs.92.1 Cr in Q1 FY27 as against a profit of Rs.6.9 Cr in the year-ag... Read More


[Update] Capillary Begins Forensic Audit Into €3 Mn Cyber Fraud at Subsidiary

India, July 31 -- Update| July 31, 15:15 IST Days after it announced a cyber fraud of €3 Mn (about Rs.32.7 Cr) at one of its step-down subsidiaries, SaaS company Capillary Technologies said it ... Read More


After OpenAI, Anthropic Says Claude Also 'Gained Unauthorised Access' To Real World Systems

India, July 31 -- Days after OpenAI disclosed that one of its AI models escaped a sandboxed testing environment and attempted to breach Hugging Face's production infrastructure, Anthropic has revealed... Read More


Atomberg Converts To Public Entity Ahead Of Public Listing

India, July 31 -- Ahead of a potential IPO, consumer appliances startup Atomberg has converted into a public entity, the routine first step towards going IPO. Its shareholders approved a special reso... Read More


Swiggy Falls 5% As Brokerages Flag Quick Commerce Challenges

India, July 31 -- Shares of Swiggy fell more than 5% on the BSE today, hitting an intraday low of Rs.280 apiece, as investors weighed continued losses and mixed brokerage views following the company's... Read More


Klassroom IPO: Issue Subscribed 40% On Day 1 So Far

India, July 31 -- Edtech startup Klassroom's initial public offering (IPO) saw robust investor demand within hours of opening. As of 12:51 IST, investors placed bids for 7.01 Lakh shares against a to... Read More