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IndiaMART Q1: Profit Soars 35% YoY To INR 154 Cr

India, July 18 -- B2B ecommerce platform IndiaMART InterMESH's consolidated net profit soared 35% to INR153.5 Cr in the first quarter of FY26 from INR 114 Cr in the year-ago quarter. However, on a seq... Read More


Another Startup Bites The Dust: Y-Combinator-Backed CodeParrot Shuts Down

India, July 17 -- "Startups are brutally hard," AI startup CodeParrot's cofounder and CTO Vedant Agarwala said in a post on LinkedIn while announcing the decision to shut the startup. The Y-Combinator... Read More


IndiQube IPO To Open On July 23, Cuts IPO Size By INR 150 Cr

India, July 17 -- On the day of Smartworks' listing, its competitor IndiQube filed its red herring prospectus (RHP) for its IPO. The managed workplace solutions provider's public issue will open on Ju... Read More


Indian Listed New-Age Tech Company Tracker: Market Cap, Revenue & More

India, July 17 -- For years, we at Inc42 have tracked the Indian tech startup ecosystem and seen it grow from a kid to an adult. Among the clearest signs of evolution and maturity of this ecosystem is... Read More


Jio Financial Services Q1: Profit Rises 4% To INR 325 Cr

India, July 17 -- Fintech company Jio Financial Services reported a consolidated net profit of INR 324.7 Cr in Q1 FY26, up 4% from INR 312.6 Cr in the same quarter of previous year. On a sequential ba... Read More


ixigo Q1: Profit Jumps 27% YoY To INR 19 Cr

India, July 16 -- Online travel aggregator (OTA) ixigo reported a consolidated net profit of INR 18.9 Cr in the first quarter of FY26, an increase of 27% from INR 14.9 Cr in the year-ago quarter. On a... Read More


SAT Dismisses Plea Seeking Stay On Smartworks IPO

India, July 16 -- The Securities Appellate Tribunal (SAT) has dismissed an appeal seeking a stay on the IPO of coworking space major Smartworks, whose shares are expected to list on the bourses tomorr... Read More


Infibeam Closes INR 700 Cr Rights Issue With 1.4X Oversubscription

India, July 15 -- Fintech company Infibeam Avenues has closed its INR 700 Cr rights issue with an oversubscription of 1.4X. The issue was structured as a 67:267 rights issue, which means existing shar... Read More


Beyond The Top Apps: Will MDR On UPI Lift CRED, Navi, Groww And Others?

India, July 15 -- Will the MDR tide lift all UPI apps? That's the big question as we enter the critical phase of discussions and consultations around monetisation of UPI payments in India. The absenc... Read More


Will UPI Underdogs CRED, Navi, Groww And Others Actually See The MDR Boost?

India, July 15 -- Will the MDR tide lift all UPI apps? That's the big question as we enter the critical phase of discussions and consultations around monetisation of UPI payments in India. The absenc... Read More