Exclusive

Publication

Byline

Location

Ola Electric's Q4 Snapshot, Razorpay's Homecoming & More

India, May 30 -- Ola Electric's Burn Gets Deeper In Q4 Ola Electric's loss-making spree extended into Q4 FY25 as well. The EV maker's net losses doubled as "execution challenges" and intensifying com... Read More


PayU Boosts Board In Run-Up To IPO

India, May 30 -- Prosus-owned payment solutions giant PayU, which is gearing up for its initial public offering (IPO) on the Indian bourses, has expanded its board of directors with three new appointm... Read More


Exclusive: Battery Smart Bags $29 Mn From Rising Tide Energy, Others

India, May 30 -- Delhi NCR-based battery swapping startup Battery Smart has raised $29 Mn in its ongoing Series B extension round, sources told Inc42. New York-based PE firm Rising Tide Energy led th... Read More


Inside The Microdrama Boom Fueling India's Next OTT Wave

India, May 30 -- It starts with a swipe. A woman slaps her cheating husband. A man discovers he has 24 hours to live. A child uncovers a family secret. It's dramatic, messy, yet addictive, and all it ... Read More


OYO To Rename Parent Entity, Seeks Suggestions From Public

India, May 30 -- OYO founder and chief executive officer Ritesh Agarwal has sought name suggestions for its parent entity Oravel Stays Limited as it prepares for an initial public offering (IPO). Aga... Read More


Nykaa Q4: Profit More Than Doubles YoY To INR 19.1 Cr

India, May 30 -- BPC major Nykaa's consolidated net profit surged 110% to INR 19.1 Cr in Q4 FY25 from INR 9.1 Cr in the year-ago period. However, on a quarter-on-quarter (QoQ) basis, the company's bot... Read More


Exclusive: Mobility Startup Chalo Raises INR 53 Cr From Cofounders, Others

India, May 30 -- Lightrock-backed bus technology platform Chalo Mobility has raised INR 52.5 Cr (about $6.1 Mn) in a funding round, which was a mix of equity and debt, from existing investor Filter Ca... Read More


Centre Likely To Release Crypto Regulation Paper In June: Report

India, May 30 -- The Indian government will likely release a detailed discussion paper on the policy framework options for crypto assets in June. An ET report, citing people close to the matter, said... Read More


Flipkart Focussing On Market Share Over Profitability: Walmart Int'l CEO

India, May 30 -- Walmart International CEO Kathryn McLay has said that the retail giant's India ecommerce arm, Flipkart, will not prioritise profitability over market share and future growth. "We're ... Read More


KiranaPro Buys Likeo To Power Virtual Trial Room Experience For Its Gen Z Fashion App Users

India, May 30 -- Quick commerce platform KiranaPro has bought Likeo, an AI-powered platform which specialises in virtual try-on technology driven with its augmented reality tech stack, in an all-stock... Read More