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Finnable Raises INR 500 Cr To Expand Lending Portfolio, Strengthen Tech Stack

India, Nov. 11 -- Lending tech startup Finnable has raised INR 500 Cr ($56.5 Mn) in an equity funding round led by existing investors Z47 and TVS Capital. The fresh capital will help the startup expa... Read More


Bira 91 Fizzles Out, Groww's Next Act & More

India, Nov. 11 -- The Bitter Collapse Of Bira 91 Once hailed as India's craft beer darling, Bira 91 is now drowning in debt, disruption, and distrust. Besides staring at a fire sale, the brand is sad... Read More


[Update] Pine Labs IPO Closes With 2.5X Oversubscription

India, Nov. 11 -- Update | November 11, 19:20 IST Pine Labs' IPO closed with a 2.46X oversubscription today. The public issue received bids for 24.09 Cr shares against 9.78 Cr shares on offer. The e... Read More


[Update] PhysicsWallah IPO: Issue Subscribed 7% On Day 1

India, Nov. 11 -- Update | November 11, 17:53 PM PhysicsWallah's (PW) IPO saw muted demand on the first day of its opening. The company's issue attracted 1.31 Cr bids on day one against the 18.62 Cr ... Read More


Zaggle Q2: Profit Surges 72% YoY To INR 35 Cr

India, Nov. 11 -- Fintech SaaS company Zaggle reported a net profit of INR 35 Cr in Q2 FY26, up 72% YoY from INR 20.3 Cr in Q2 FY25 and 34% higher on a sequential basis from INR 26.1 Cr in Q1 FY26. I... Read More


Groww IPO: Peak XV Pockets 52X Gain, Y Combinator Rakes In INR 1,054 Cr

India, Nov. 11 -- Early investors of fintech major Groww, whose shares are scheduled to list on the exchanges tomorrow, raked in big gains from its IPO. Peak XV Partners, which offloaded 15.82 Cr sha... Read More


Unicommerce Q2: Profit Jumps 29% YoY To INR 5.8 Cr

India, Nov. 11 -- Ecommerce SaaS company Unicommerce's consolidated net profit for Q2 FY26 grew 29% to INR 5.8 Cr from INR 4.5 Cr in the year-ago quarter. On a sequential basis, profit grew 49% from I... Read More


Aye Finance's Q2 Profit Slumps 26% YoY To INR 34.5 Cr

India, Nov. 11 -- IPO-bound NBFC Aye Finance's net profit for the second quarter (Q2) of FY26 declined almost 26% to INR 34.5 Cr from INR 46.9 Cr in the same quarter last year. On a sequential basis, ... Read More


Awfis Q2 Profit Plunges 59% YoY to INR 16 Cr

India, Nov. 11 -- Coworking space provider Awfis' net profit for the second quarter (Q2) of FY26 plunged 59% to INR 16 Cr from INR 38.7 Cr in the year-ago quarter. On a sequential basis, the company's... Read More


Capillary Tech IPO: Price Band Set At INR 549-577, Seeks $515 Mn Valuation

India, Nov. 11 -- Bengaluru-based SaaS company Capillary Technologies has set the price band for its IPO at INR 549 to INR 577 per share. At the upper end of the price band, the IPO values the compan... Read More