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Pascal AI Raises $3.1 Mn From Kalaari, Info Edge Ventures To Automate Investment Research

India, Sept. 15 -- Fintech-focussed AI SaaS startup Pascal AI Labs has raised $3.1 Mn (about INR 26 Cr) in its seed funding round led by Kalaari Capital. The round also saw participation from Norwest ... Read More


CRED Adds Gold, Credit Card, Members-Only 'Sovereign' Club To Its Super App

India, Sept. 15 -- Fintech unicorn CRED has rolled out a new set of services and products for its users, including a co-branded credit card, an expanded personal finance management feature, and an inv... Read More


Myntra's FY25 Profit Surges 18X To INR 548 Cr

India, Sept. 13 -- Myntra, the fashion ecommerce arm of Flipkart, saw its net profit zoom about 18X to INR 548 Cr in FY25 from INR 31 Cr in the previous fiscal year due to improvement in margins. The... Read More


K'taka HC Directs Tax Dept To Refund INR 16.11 Cr To Flipkart

India, Sept. 12 -- The Karnataka High Court (HC) has reportedly directed the state's commercial taxes department to refund INR 16.11 Cr to Flipkart India. The ecommerce giant had paid the amount as pa... Read More


RBI Fines IPO-Bound PhonePe For Flouting PPI Norms

India, Sept. 12 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of INR 21 Lakh on IPO-bound PhonePe Limited for violating norms related to Prepaid Payment Instruments (PPIs). "The p... Read More


FirstCry's GlobalBees Invests INR 9 Cr in HealthyHey, Increases Stake to 80%

India, Sept. 12 -- A day after FirstCry announced further investment in GlobalBees, the rollup subsidiary announced an investment of INR 8.9 Cr in its portfolio brand HealthyHey Foods. With this, Glob... Read More


InsuranceDekho Slips Into The Red In FY25 Despite 73% Top Line Growth

India, Sept. 12 -- Insurtech startup InsuranceDekho slipped into loss in the financial year ended March 2025 despite strong revenue growth. The Gurugram-based startup reported a net loss of INR 47.5 C... Read More


IPO-Bound Turtlemint Slips Into Red, Post INR 47 Cr Loss In FY25

India, Sept. 12 -- In the run-up to its IPO, Turtlemint's insurance arm, Turtlemint Insurance, slipped into the red in the financial year ended March 2025. The insurtech startup posted a net loss of I... Read More


Defunct EV Ride-Hailer BluSmart Website Domain Up For Sale

India, Sept. 12 -- Defunct electric ride-hailing startup BluSmart's official website domain "blu-smart.com" is now up for sale. A quick check of the BluSmart website revealed that visitors to the site... Read More


MCA Expands Fast Track Merger Framework To Enable More Startup Reverse Flips

India, Sept. 11 -- About a year after announcing after allowing startups to reverse flip without seeking approval from the National Company Law Tribunal (NCLT), the Ministry of Corporate Affairs (MCA)... Read More