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OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners. Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his

Delhivery ends FY25 on a high note, achieving profitability in every quarter and reporting a strong consolidated net profit of INR 72.6 Cr in Q4 FY25. This marks a significant turnaround from the INR 68.5 Cr loss reported in the same period last year

MobiKwik recorded a consolidated net profit INR 4 Cr as against a loss of INR 55.3 Cr in the same quarter last year. The company had reported a loss of INR 28.6 Cr in the preceding September quarter. Its operating revenue grew 7.2% to INR 288.9 Cr

Top News Of the Day: 1. Avanse secures Rs 1,000 crore (around $120Mn) equity funding from Mubadala 2. Aeria Bags Funding of $1.8Mn (around INR 14.94 Cr.) To Offer AI-Enabled Coworking Solutions 3. Arapl RaaS secures INR 38 Cr. in funding and appoi

Policy Bazaar parent PB Fintech’s Q3 FY26 net profit surged 165% to INR 189.4 Cr from INR 71.5 Cr in the year-ago quarter. On a sequential basis, the company’s PAT zoomed 40% from INR 134.9 Cr. The company’s revenue zoomed 37% YoY and 10% QoQ to INR

Dronetech company IdeaForge reported its third consecutive loss-making quarter in FY25. The company reported a consolidated net loss of INR 25.7 Cr in Q4 FY25, up 7% from INR 24 Cr loss it reported in the previous quarter. ideaForge had posted a net

Naukri parent Info Edge has made 9X growth on startup investments with an estimated gross internal rate of return (IRR) of 36%. In a letter to its shareholders, Info Edge disclosed that it has invested a total capital of INR 3,959.16 Cr via its plat

Shares of IdeaForge rallied 20% to hit the upper circuit at INR 463.20 during the intraday trading session on the BSE today, compared to its previous closing price of INR 386. ideaForge’s consolidated net loss surged 7% to INR 25.7 Cr in Q4 FY25 fro

Traya reported a net profit of INR 8.66 Cr in FY24 against a net loss of INR 27.83 Cr in the previous fiscal year Its operating revenue zoomed 284% to INR 236.04 Cr during the quarter under review from INR 61.43 Cr in FY23 Founded in 2019 by Saloni

About four months after markets regulator SEBI gave the go-ahead to its IPO, omnichannel jewellery brand BlueStone has filed the draft papers to go public👇 BlueStone has trimmed the fresh issue by 18% to INR 820 Cr from INR 1,000 Cr it had proposed