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SEBI Rolls Out ‘GARUDA’ Framework To Expedite Fund Launches

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The Securities and Exchange Board of India (SEBI) has released a new framework to simplify and expedite the launch of new schemes by alternative inv…

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Fintech IPO Wave, Zepto May Defer Listing & More

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The Next Big Fintech IPO Rush Nearly five years after Paytm and PB Fintech paved the way for fintech listings, a new wave of startups is preparing t…

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SUIND Bags ₹20.5 Cr To Build Autonomous Surveillance Drones

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Drone tech startup SUIND has raised ₹20.5 Cr (around $2.1 Mn) in a seed funding round led by Transition VC. The round also saw participation from IIM…

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InCred Finance Q1: Profit Jumps 82% YoY To ₹172 Cr

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IPO-bound fintech company InCred Holdings’ lending tech arm InCred Financial Services (InCred Finance) said that it reported a consolidated net profi…

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Peak XV Partners Again Dumps Go Digit Shares Worth ₹139 Cr

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For the second time in two months, early backer and VC giant Peak XV Partners has offloaded shares worth nearly ₹139 Cr in listed insurtech company G…

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Anicut Capital Floats ₹250 Cr Fund To Back 20 Early Stage Startups

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Alternative investment firm Anicut Capital has launched its second early-stage investment vehicle, Grand Anicut Seed Fund, with a target corpus of ₹1…

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Q-Comm Poaching Wars, Table Space’s IPO & More

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Quick Commerce’s New Battleground It is poaching season in India’s quick commerce arena. Swiggy Instamart has brought in a CEO from Myntra, while Ny…

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AI Data Centres To Consumer 26.3 GW Power By FY32: MoS Power

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The power ministry expects AI data centres to guzzle 26.3 gigawatts (GWs) of power by fiscal year 2031-32 (FY32). In a written reply before the Parl…

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SEDEMAC’s Q1 Profit Soars To ₹33 Cr, Revenue Up 43% YoY

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Deeptech company SEDEMAC Mechatronics’ net profit zoomed 95.1% to ₹33.3 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27) compared to ₹1…

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Krutrim Cuts Nearly Half Of Remaining Workforce In Fresh Layoffs

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Bhavish Aggarwal-led AI startup Krutrim has reportedly laid off another 20-25 employees in its second round of layoffs this year, with the latest exe…

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Temple’s Valuation Jackpot, PhonePe’s FY26 Losses & More

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Temple Hits $375 Mn Valuation Temple is riding a valuation surge. Deepinder Goyal’s wearable startup is undertaking its first ESOP buyback programme…

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Tata Digital Posts Nearly ₹5,000 Cr Loss In FY26 As BigBasket Bleeds

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Digital juggernaut Tata Digital’s net losses ballooned 7.9% to ₹4,974 Cr in the fiscal year 2025-26 (FY26) as against ₹4,610 Cr in the year ago perio…

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