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Amazon Injects INR 350 Cr Into Amazon Pay India To Boost UPI Presence Ecommerce giant Amazon has infused INR 350 Cr into its digital payments arm, Amazon Pay India, as part of its efforts to strengthen its footprint in the country’s competitive UPI market. According to an MCA filing reviewed by Inc42, Amazon Pay allotted 35 Cr equity shares at INR 10 each to Amazon Corporate Holdings Private Limited and Amazon.com as part of a rights issue to secure the investment.
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Ice cream brand Hocco has raised $10 Mn (INR 85.56 Cr) as a part of its $20 Mn (INR 171.28 Cr) Series B funding round. The round was co-led by Chona family office and Sauce.vc The company plans to use the fresh capital primarily to expand its produc
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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
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Ecommerce SaaS company Unicommerce reported a 17% uptick in its consolidated net profit at INR 3.4 Cr in Q4 FY25 from INR 2.9 Cr in the same period last year. However, the company’s profit slumped 46% quarter-on-quarter (QoQ) from INR 6.3 Cr. The to
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ixigo, an online travel aggregator, witnessed a substantial surge in its consolidated net profit, reaching INR 16.8 Cr in the fourth quarter of fiscal year 2025. This represents a remarkable 127% jump compared to the INR 7.4 Cr profit reported in the
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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
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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
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Airtel Payments Bank’s consolidated net profit jumped 82.6% to INR 63 Cr in the financial year ended March 31, 2025 (FY25) from INR 34.5 Cr in the previous fiscal year, driven by strong adoption of digital banking solutions. In Q4 FY25, its profit i
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Fintech major PB Fintech’s consolidated profit after tax (PAT) zoomed 2.8X to INR 170.7 Cr in Q4 FY25 from INR 60.2 Cr in the year-ago quarter. On a sequential basis, the company’s profit jumped 2.3X from INR 71.5 Cr in Q3 FY25. The PolicyBazaar par
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