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Nazara Slips Into The Red In Q1, Posts Rs.83 Cr Loss

India, Aug. 4 -- Gaming major Nazara Technologies slipped to the red in Q1 FY27, reporting a net loss of Rs.82.5 Cr as against Rs.51.3 Cr in the year quarter. Sequentially, the bottom line eroded from... Read More


How Elements Wellness Borrowed Eureka Forbes' Playbook To Build A Rs.1,264 Cr Wellness Brand

India, Aug. 3 -- In the early 2010s, Rajesh Chandan, then in his 30s and years before he founded IndiaShoppe in 2013, faced a health scare that changed the course of his life. He suffered from debilit... Read More


Shiprocket IPO Likely This Month At Rs.7,000 Cr Valuation: Report

India, Aug. 3 -- Ecommerce enablement startup Shiprocket is expected to launch its IPO within the next one or two weeks at a valuation of Rs.7,000 Cr (about Rs.735.5 Mn). According to an ET report, t... Read More


MobiKwik Posts Rs.7.6 Cr Profit In Q1, Revenue Up 3.7% YoY

India, Aug. 3 -- Fintech company MobiKwik reported a consolidated net profit of Rs.7.6 Cr in Q1 FY27 as against a net loss of Rs.41.9 Cr in the year-ago period. Sequentially, profit grew over 72% from... Read More


Govt Opens Door to MDR On UPI, To Amend Digital Payment Rules

India, Aug. 3 -- In what could likely pave the way for the reintroduction of the merchant discount rate (MDR) on UPI payments, the Union government has proposed amendments to the Payment and Settlemen... Read More


Urban Company Jumps 18% As Morgan Stanley Bets On Core Business Growth

India, Aug. 3 -- Shares of Urban Company surged as much as 17.7% to Rs.152.20 apiece on the BSE today after Morgan Stanley upgraded the stock to 'Overweight', citing improving growth in its core India... Read More


KKR-Backed LEAP India Files RHP For Rs.2,480 Cr IPO, Seeks $735 Mn Valuation

India, Aug. 3 -- Logistics tech provider LEAP India has filed its RHP for up to Rs.2,480 Cr IPO and set a price band of Rs.151 to Rs.159. The public issue will comprise a fresh issue of shares worth ... Read More


LEAP India Files RHP For Rs.2,480 Cr IPO, Seeks $735 Mn Valuation

India, Aug. 3 -- Logistics tech provider LEAP India has filed its RHP for up to Rs.2,480 Cr IPO and set a price band of Rs.151 to Rs.159. The public issue will comprise a fresh issue of shares worth ... Read More


Spinny Converts Parent Into Public Entity Ahead Of IPO Plans

India, Aug. 3 -- Used-car marketplace Spinny has converted its parent company, Valuedrive Technologies Private Ltd, into a public entity by dropping the "Private" from its name as the startup prepares... Read More


Yuvraj Singh Backs Healthians Founder's Stealth Venture UN:BLOC

India, Aug. 3 -- Cricketer Yuvraj Singh has joined healthtech startup UN:BLOC, currently in stealth mode, as a founder and investor. The startup was floated earlier this year by founder Deepak Sahni,... Read More