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Burma Burma Parent Files DRHP For IPO With Rs.150 Cr Fresh Issue

India, Oct. 17 -- Hunger Pangs, the parent of restaurant chain Burma Burma, has filed its DRHP for an IPO comprising a fresh issue of up to Rs.150 Cr and an offer for sale (OFS) of up to 2.8 Cr shares... Read More


CERT-In Flags Unauthorised AI Agent Access To Indian Organisations' Systems

India, Oct. 16 -- India's cybersecurity watchdog CERT-In has warned that autonomous AI agents deployed for research and evaluation accessed Indian organisations' live systems without authorisation, re... Read More


FirstCry's Core Revenue Engine Is Fighting Too Many Battles

India, Oct. 16 -- Sixteen years since FirstCry began its journey, what began as a kidswear marketplace has spawned a massive multi-channel ecommerce and retail empire, and a house of brands that's gro... Read More


Now, FSSAI Issues Show-Cause Notices To BigBasket, Flipkart Over Misleading Claims

India, Oct. 16 -- The Food Safety and Standards Authority of India (FSSAI) has issued show-cause notices to quick commerce and ecommerce platforms BigBasket and Flipkart alongside manufacturer Gemini ... Read More


Shop Pay's India Debut, Zetwerk IPO Day 1 & More

India, Oct. 16 -- Shopify's India Checkout Bet Shopify is preparing to bring Shop Pay to India. Setting up a direct clash with domestic rivals like GoKwik and Razorpay, the Canada-based SaaS giant ai... Read More


Snabbit Spent Rs.16 To Earn Every Rupee In Operating Revenue In FY26

India, Oct. 16 -- Amid intense competition in the quick home services market, Snabbit incurred a net loss of Rs.167.8 Cr in the financial year ended March 31, 2026 (FY26) as against a loss of Rs.5.7 C... Read More


[Update] Zetwerk IPO Subscribed 31% On Day 2, QIB Portion At 37%

India, Oct. 16 -- Update | October 16, 2026 18:30 IST B2B manufacturing company Zetwerk's Rs.5,012.3 Cr IPO was subscribed 31% at the end of the second day of bidding today. Investors placed bids for... Read More


[Update] Tonbo Imaging IPO Oversubscribed Nearly 8X On Day 2

India, Oct. 16 -- Update | October 16, 18:24 IST Defence tech company Tonbo Imaging's Rs.852 Cr IPO was oversubscribed 7.78X at the end of the second day of bidding, with investors bidding for 6.63 C... Read More


Rising AI's Costs Put SaaS Companies Between A Rock And A Hard Place

India, Oct. 16 -- Recently, Zoho cofounder Sridhar Vembu raised concerns over the economics of building software in an AI-driven market. In a post on X, Vembu said server prices have risen 4-5X in a y... Read More


Urban Company Board Clears Plans To Raise Up To Rs.2,500 Cr

India, Oct. 16 -- Urban Company's board today approved a proposal to raise up to Rs.2,500 Cr, alongside approving its financial performance for the September quarter. The proposed funding could involv... Read More