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Lending platform LenDenClub posts Rs 34 crore FY25 profit; revenue rises to Rs 236 crore - The Economic Times
Economic Times
·
21h ago
Medial
LenDenClub Group, a peer-to-peer lending platform, posted a consolidated net profit of Rs 34 crore in FY25, reversing a Rs 14 crore loss in FY24. Revenue rose 28% to Rs 236 crore. The company, founded by Bhavin Patel and Dipesh Karki, has diversified into Loan Service Provider (LSP) and Technology Service Provider (TSP) operations. Its technology platform business contributed 20% to group revenue amid a growing user base and regulatory scrutiny in the sector.
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Infibeam posts Rs 1,160 Cr revenue in Q4 FY25; profit rises 20%
Entrackr
·
3m ago
Medial
Infibeam posts Rs 1,160 Cr revenue in Q4 FY25; profit rises 20% Digital payments firm Infibeam has reported a 62% increase in revenue during the fourth quarter of the last fiscal year (Q4 FY25), while its year-on-year profit rose by 20%. Infibeam’s revenue from operations increased to Rs 1,160 crore in Q4 FY25 from Rs 716 crore in Q4 FY24, its consolidated financial statements accessed from the National Stock Exchange (NSE) show. For the full fiscal year (FY25), Infibeam’s operating revenue increased 27% to Rs 3,992 crore in FY25 from Rs 3,150 crore in FY24. Payment business accounted for 95% of its total collection which increased by 64% to Rs 1,098 crore in Q4 FY25. Meanwhile, there was a 35% increase in the e-commerce platform business, which rose to Rs 62 crore. The Ahmedabad-based firm recorded a total revenue of 1,180 crore in Q4 FY25. For the full fiscal year (FY25), its total income stood at Rs 4,066 crore. Infibeam operates a diversified digital platform, with a primary focus on digital payments and e-commerce solutions. On the cost side, the company’s total expenses rose by 66% to Rs 1,104 crore in Q4 FY25. For the digital payment firm, its payment processing was the largest cost center, rising by 68% to Rs 1,025 crore. Employee benefits increased by 30% to Rs 39 crore, while depreciation cost grew 6% to Rs 18 crore. Infibeam Avenues also incurred Rs 22 crore on other undisclosed expenses in the said quarter. For the fiscal year ending March 2025, the firm’s total expenses increased to Rs 3,768 crore. In the end, the company reported profit after tax of Rs 55 crore in Q4 FY25, 20% up from Rs 46 crore in Q4 FY24. On a fiscal year basis, its profit increased to Rs 236 crore in FY25 from Rs 156 crore in FY24. At 15:31 PM today, its market cap stood at Rs 5,579 crore while the firm’s stock was trading at Rs 20.
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Ixigo reports strong growth with 73% surge in revenue, net profit rises to Rs 19 crore - The Economic Times
Economic Times
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1m ago
Medial
Ixigo reported a 73% year-on-year increase in operating revenue, reaching Rs 314 crore, driven by strong travel demand and digital bookings. Net profit rose to Rs 19 crore, up from Rs 15 crore in Q1 FY25.
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Kissht reports fall in FY25 revenue; net profit at Rs 160 crore - The Economic Times
Economic Times
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1m ago
Medial
Kissht, a Mumbai-based consumer lending startup, saw an 18% drop in net profit to Rs 160 crore and a 20% fall in revenue to Rs 1,353 crore in FY25. This decline is attributed to a slowdown in unsecured consumer lending and the cessation of high-margin short-duration loans. Focusing on loans over six months, Kissht is diversifying into secured products. Despite disbursements halving, the company's assets under management have grown significantly.
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Blackbuck posts Rs 144 Cr revenue in Q1 FY26, profit grows 17%
Entrackr
·
27d ago
Medial
Blackbuck has released its financial report for the first quarter of the ongoing financial year ending March 2026. The Bengaluru-based company reported a 57% year-on-year growth in scale in Q1 FY26 and posted a profit of Rs 34 crore in the quarter. Blackbuck's revenue from operations grew to Rs 144 crore in Q1 FY26 from Rs 92 crore in Q1 FY25, its financial statements sourced from the National Stock Exchange show. On a quarter-on-quarter basis, Blackbuck’s operating revenue increased 18% to Rs 144 crore in Q1 FY26 from Rs 122 crore in Q4 FY25. Revenue from its truck operator services was the primary source of revenue, accounting for 98% of total operating revenue. The company also made Rs 16 crore from interest income which took its overall revenue to Rs 160 crore in Q1 FY26, compared to Rs 98 crore in Q1 FY25. Looking at the expenses, the employee benefit cost accounted for 32% of the overall expenditure which fell 5% year-on-year to Rs 37 crore in Q1 FY26 from Rs 39 crore in Q1 FY25. Deprecation and other operating expenses were key overheads that drove total expenditure to Rs 114 crore in Q1 FY26, compared to Rs 92 crore in the same quarter last year. Blackbuck’s net profit increased 17% to Rs 34 crore in Q1 FY26, as compared to Rs 29 crore in Q1 FY25. Blackbuck debuted on the stock exchange at Rs 208.90 and is now trading at Rs 481.85 (at 15:26 PM), bringing its total market capitalization to Rs 8,670 crore ($1 billion).
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Tata 1mg posts 20% growth in FY25 turnover as it re-enters investment phase - The Economic Times
Economic Times
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1m ago
Medial
Tata 1mg reported a 20% growth in FY25 turnover to Rs 2,392 crore. Its primary entity, Tata 1mg Technologies, saw revenue of Rs 375 crore and profit after tax rise threefold to Rs 65 crore. Meanwhile, subsidiary Tata 1mg Healthcare had a turnover of Rs 2,016 crore, despite a net loss of Rs 342 crore. The company is in an investment phase as it expands its offline presence and plans a $300 million external fundraise.
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MapMyIndia posts Rs 140 Cr revenue in Q4 FY25, profit grows 29%
Entrackr
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3m ago
Medial
MapMyIndia posts Rs 140 Cr revenue in Q4 FY25, profit grows 29% CE Info Systems, the parent company of MapMyIndia, has announced its financial results for the fourth quarter of FY25. The company reported a year-on-year revenue growth of over 34% compared to Q4 FY24. MapMyIndia’s revenue from operations increased to Rs 143 crore in Q4 FY25 from Rs 107 crore in Q4 FY24. Meanwhile, for the full fiscal year, revenue increased by 22% to Rs 463 crore in FY25 from Rs 379 crore in FY24, according to its consolidated quarterly report. Income from digital map data, GPS navigation, location-based services, and IoT was the primary source of revenue for MapMyIndia, accounting for 88% of the total collection. This revenue source increased by 51% to Rs 127 crore in Q4 FY25. However, income from the sale of its devices generated Rs 16.5 crore in revenue. The cost of IoT devices, employee benefits, and outsourced technical services were the major cost elements, pushing the total cost of the firm to Rs 90 crore in Q4 FY25, up from Rs 72 crore in Q4 FY24. On a fiscal basis, the total cost increased to Rs 306 crore in FY25. With the increase in scale, MapMyIndia recorded a 29% increase in its profit to Rs 49 crore during Q4 FY25, compared to Rs 38 crore in the fourth quarter of the previous fiscal year. Meanwhile, annual profit increased by 10% to Rs 148 crore in FY25, up from Rs 134 crore in FY24. At the end of the day on 9th May 2025, MapMyIndia closed at Rs 1,845 per share, with a market capitalization of Rs 10,040 crore ($1.17 billion).
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Kissht DRHP: Rs 1,000 crore fresh issue, Vertex and other investors to sell stake - The Economic Times
Economic Times
·
13d ago
Medial
Kissht, a fintech lending app, has filed a draft red herring prospectus with Sebi to raise Rs 1,000 crore through a public listing. The company plans to invest Rs 750 crore in its non-banking finance company, Si Creva, with the remainder for corporate purposes. Existing investors like Vertex Ventures will sell 8.8 million shares. Kissht's operating revenue and profit fell in FY25, shifting its focus to longer-tenure loans.
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On-demand driver service platform DriveU logs 22% rise in FY25 revenue; net profit rises to Rs 1.7 crore - The Economic Times
Economic Times
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1m ago
Medial
DriveU, an on-demand driver service platform based in Bengaluru, reported a 22% revenue increase to Rs 111.8 crore in FY25, up from Rs 91.6 crore in FY24, driven by increased driver bookings. Profit after tax surged to Rs 1.73 crore from Rs 11 lakh. The company aims to expand its presence in significant markets like Bengaluru and cities such as Chennai, Hyderabad, and Delhi. Despite higher marketing costs, expenses were controlled, and Ebitda rose to Rs 1.74 crore.
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Info Edge posts Rs 791 Cr revenue in Q1 FY26; profit surges 32%
Entrackr
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24d ago
Medial
Info Edge, the parent company of Naukri and 99acres, reported a 17% growth in operating revenue in the first quarter of the ongoing fiscal year (Q1 FY26), while its profit increased by 32%. The Noida-based company’s operating revenue rose to Rs 791 crore in Q1 FY26 from Rs 677 crore in Q1 FY25, according to documents sourced from the National Stock Exchange (NSE). On a quarter-on-quarter basis, Info Edge’s operating revenue rose 5.5% to Rs 791 crore in Q1 FY26 from Rs 750 crore in Q4 FY25. Info Edge derives the majority of its revenue from Naukri.com, which contributed Rs 562 crore in the quarter ending June 2025, a 15% year-on-year growth compared to Q1 FY25. Meanwhile, revenue from 99acres reached Rs 111 crore, while Jeevansathi and Shiksha contributed Rs 34 crore and Rs 50 crore, respectively, during the same quarter. The company added another Rs 213 crore from interest on deposits and investment which pushed its overall revenue to Rs 1,004 crore in Q1 FY26. On the expense side, Info Edge spent 58% of its overall expenditure on employee benefits, which increased 12% year-on-year to Rs 327 crore in Q1 FY26. Its advertising and internet costs stood at Rs 127 crore and Rs 22 crore, respectively. The company’s overall cost grew 16% YoY to Rs 564 crore in Q1 FY26 from Rs 485 crore in Q1 FY25. Info Edge’s profit grew by 32% to Rs 343 crore in Q1 FY26, compared to Rs 259 crore in Q1 FY25. Its EBITDA stood at Rs 468 crore in the same period. As of 2:22 PM (Friday, August 8), Info Edge is trading at Rs 1,333.5, down 2% from today’s opening price. The firm’s market capitalization stands at Rs 86,277 crore ($9.8 billion).
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BharatPe turns profitable, reports adjusted profit before tax of Rs 6 crore - The Economic Times
Economic Times
·
25d ago
Medial
Fintech company BharatPe reported an adjusted profit before tax of Rs 6 crore, reversing a Rs 342 crore loss in FY24. The EBITDA improved to a Rs 141 crore profit, with total revenue reaching Rs 1,734 crore in FY25. Offline UPI QR transactions grew by 26%. BharatPe increased its Trillionloans subsidiary ownership to 74%. CEO Nalin Negi emphasized disciplined execution and cost control, positioning the company for growth and new ventures as a fintech leader.
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