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

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 Askwiki

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 Askwiki

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 Askwiki

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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EV Manufacturer Omega Seiki Nets ₹50 Cr To Expand Capacity Askwiki

EV Manufacturer Omega Seiki Nets ₹50 Cr To Expand Capacity

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Electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured ₹50 Cr ($5.2 Mn) in a fresh funding round from Saket Aggarwal Family Office, Sec…

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Infosys Cofounder Nandan Nilekani To Lead PM Modi’s Exam Reforms Task Force Askwiki

Infosys Cofounder Nandan Nilekani To Lead PM Modi’s Exam Reforms Task Force

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Prime Minister Narendra Modi has constituted a high-powered task force, headed by Infosys cofounder Nandan Nilekani, to recommend reforms aimed at ma…

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Crypto Debate Resurfaces, Weekly Funding Tanks & More Askwiki

Crypto Debate Resurfaces, Weekly Funding Tanks & More

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Parliamentary Panel Reignites Crypto Debate For years, India’s approach to cryptos revolved merely around taxation. A parliamentary panel has now su…

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Swiggy Plummets, BlueStone Soars Amid Bearish Week For New-Age Tech Stocks Askwiki

Swiggy Plummets, BlueStone Soars Amid Bearish Week For New-Age Tech Stocks

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It was a bearish week for India’s new-age tech stocks as renewed geopolitical tensions and a broad-based market selloff weighed on investor sentiment…

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Can Parliamentary Panel’s Latest Recommendations Break Crypto Policy Deadlock? Askwiki

Can Parliamentary Panel’s Latest Recommendations Break Crypto Policy Deadlock?

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For years, India’s approach towards cryptocurrencies has largely revolved around taxation, anti-money laundering (AML) compliance and transaction rep…

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From Zetwerk To Veriqus — Indian Startups Raised $209 Mn This Week Askwiki

From Zetwerk To Veriqus — Indian Startups Raised $209 Mn This Week

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Indian startup funding slowed in the fourth week of July. Between July 18 and July 24, Indian startups cumulatively raised about $209.1 Mn, down 26% …

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Veefin Gets Board Nod To Raise ₹35 Cr Debt Askwiki

Veefin Gets Board Nod To Raise ₹35 Cr Debt

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BSE SME-listed Veefin Solutions has received board approval to raise up to ₹35 Cr via issuance of non-convertible debentures (NCDs). In a filing wit…

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