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BlueStone Sees FY25 Losses Soar 56% On Offline Push

India, Aug. 5 -- Jewellery startup BlueStone recorded a 56% surge in its net loss to INR 221.8 Cr in FY25 from INR 142.2 Cr a year ago. According to its red herring prospectus (RHP) filed on August 5... Read More


IRDAI Slaps INR 5 Cr Fine On Policybazaar For Flouting Norms

India, Aug. 5 -- The Insurance Regulatory and Development Authority of India (IRDAI) has slapped a fine of INR 5 Cr on insurtech major Policybazaar for multiple violations of insurance norms. The pen... Read More


Top-Level Exits Continue At Peak XV, CPO Anuj Sahai Joins League

India, Aug. 4 -- Anuj Sahai, the chief product officer at Peak XV Partners, has stepped down after two years at the firm. This comes in continuation of a string of senior exits from India's largest ve... Read More


Airtel Launches Cloud Service As Foreign Firms Go Under Lens

India, Aug. 4 -- At a time when Indian businesses are reassessing their reliance on foreign cloud providers, telecom major Bharti Airtel has rolled out its own sovereign cloud platform as part of its ... Read More


Ather Energy Turns Focus On 'Middle India' As Q1 Losses Shrink

India, Aug. 4 -- EV major Ather Energy is turning its focus to what it calls Middle India, a region that spans across states like Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Odisha, to rai... Read More


Antfin Plans INR 3,800 Cr Block Deal To Exit Paytm: Report

India, Aug. 4 -- Antfin Holding BV, part of Alibaba Group, plans to sell its remaining 5.84% stake in One 97 Communications, parent company of fintech major Paytm, through an INR 3,800 Cr clean-out bl... Read More


BlackBuck Gets IRDAI Nod To Act As Insurance Corporate Agent

India, Aug. 2 -- Logistics major BlackBuck has received the approval from the Insurance Regulatory and Development Authority of India (IRDAI) to act as a composite corporate agent. This licence, vali... Read More


Swiggy Q1: Instamart's Loss Rises But Margin Improves On Selective Store Additions

India, July 31 -- Even as its quick commerce arm Instamart continued to weigh on Swiggy's bottom line in Q1 FY26, the segment showed signs of reduction in its cash burn. While Instamart saw its loss ... Read More


Exclusive: Desi Farms Acquires 28-Year-Old Suruchi Dairy For INR 130 Cr

India, July 30 -- Pune-based D2C dairy brand Desi Farms has acquired Suruchi Dairy, a much larger and older dairy company, for about INR 130 Cr in an all-cash deal. While Desi Farms acquired a 51% st... Read More


Fino Payments Bank Q1: Profit Declines 27% To INR 17.7 Cr

India, July 30 -- Fino Payments Bank's net profit for the first quarter ending June 2025 (Q1 FY26) fell 27.4% to INR 17.7 Cr from INR 24.3 Cr in the same period last year. Sequentially, profit fell 26... Read More