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Quick Commerce Race Heats Up: Flipkart Minutes Eyes 1,500 Dark Stores, Amazon 300 Cities

India, June 24 -- The battle for India's quick commerce market is heating up, with Amazon and Flipkart announcing aggressive expansion plans for their respective quick commerce businesses, Amazon Now ... Read More


Optimo Capital's FY26 PAT Grows 4.8X YoY To Rs.10.5 Cr

India, June 23 -- Prashant Pitti's NBFC Optimo Capital claims that its net profit for the fiscal year FY26 jumped by 4.8X to Rs.10.5 Cr from Rs.2.2 Cr reported in the previous fiscal year. During the... Read More


Binance Tightens Reporting Rules For P2P Crypto Transactions In India

India, June 23 -- Cryptocurrency exchange Binance has implemented new compliance procedures requiring users in India to submit detailed sender and beneficiary information for all crypto deposits and w... Read More


NCLT Admits Paytm's Insolvency Plea Against Gaming Company Fabzen

India, June 22 -- The National Company Law Tribunal (NCLT) has admitted fintech major Paytm's insolvency plea against online gaming company Fabzen Technologies, which operates games such as Ludo Empir... Read More


[Update] Turtlemint IPO: Issue Subscribed 50% On Day 2 So Far

India, June 22 -- Update | June 22, 17:20 IST The public issue of insurtech company Turtlemint ended day two with a subscription of 52%. Investors subscribed to 1.7 Cr shares as against 3.29 Cr share... Read More


[Update] Turtlemint IPO: Issue Subscribed 52% On Day 2

India, June 22 -- Update | June 22, 17:20 IST The public issue of insurtech company Turtlemint ended day two with a subscription of 52%. Investors subscribed to 1.7 Cr shares as against 3.29 Cr share... Read More


Turtlemint IPO: Issue Subscribed 50% On Day 2 So Far

India, June 22 -- Insurtech company Turtlemint's IPO received mixed response on the second day of bidding, with the issue subscribed 50% as of 13:10 IST. Investors placed bids for 1.63 Cr shares as ag... Read More


FY26 Financial Tracker: Tracking The Financial Performance Of Indian Startups

India, June 20 -- The Indian startup ecosystem continued to mature in FY26, with 22 new-age tech companies making their public market debut as against 13 in FY25. At the same time, a growing number of... Read More


Jio Mulls Developing Sovereign LEO Satellite Constellation

India, June 19 -- IPO-bound telecom major Jio Platforms is evaluating the development of a sovereign low earth orbit satellite constellation for India. During RIL's 49th annual general meeting, Jio P... Read More


HealthQuad Marks First Close Fund III At Rs.550 Cr

India, June 19 -- Quadria Group-backed VC firm HealthQuad has announced the first close of its Rs.1,700 Cr (about $180 Mn) Fund III with commitments of Rs.550 Cr (about $58.2 Mn). In a statement, the... Read More