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Porter Turns Profitable In FY25, Revenue Crosses INR 4,000 Cr Mark

India, Sept. 23 -- Logistics unicorn platform Porter turned profitable in the financial year ended March 2025, driven by strong top line growth and improvement in margins. The startup posted a consoli... Read More


NeoMile Capital Increases Stake In ArisInfra To 5.13%

India, Sept. 23 -- Amid the ongoing bull run of ArisInfra Solutions, investment firm and existing investor NeoMile Capital purchased 29.4 Lakh equity shares of the company via open market transactions... Read More


Jefferies Bullish On Paytm, Hikes Target Price To INR 1,420

India, Sept. 23 -- Brokerage firm Jefferies has reportedly raised the price target (PT) for Paytm's parent entity One97 Communications to INR 1,420, while maintaining its BUY rating for the stock. "W... Read More


Zaggle Surges 5% After Tie-Ups With AU Small Finance Bank, Mastercard

India, Sept. 23 -- Shares of SaaS fintech company Zaggle surged as much as 5.2% to INR 373.40 apiece during the early trading hours on the BSE today. However, the stock pared some of the gains and wa... Read More


Rocket Raises $15 Mn To Help Users Build Apps Using Its AI Platform

India, Sept. 23 -- AI-powered app building platform provider Rocket has raised $15 Mn (around INR 132 Cr) in its seed funding round led by Salesforce Ventures and Accel. The round also saw participati... Read More


Amwoodo Raises $4 Mn To Scale Production Of Sustainable Bamboo Products

India, Sept. 23 -- Sustainable solutions startup Amwoodo has raised $4 Mn in its pre-Series A round led by existing investor Rainmatter, with participation from Adventz Group, Thinkuvate, and Caspian.... Read More


Chakr Innovation Bags $23 Mn To Take Its Anti-Pollution Tech Global

India, Sept. 22 -- ONGC-backed climate tech startup Chakr Innovation has raised $23 Mn (INR 193.5 Cr) in a Series C funding round led by Iron Pillar. In a statement, the startup said that it plans to... Read More


Pernia's Pop-Up Shop FY25: Loss Surges 3X YoY To INR 189 Cr

India, Sept. 22 -- IPO-bound Pernia's Pop-Up Shop parent Purple Style Labs plunged deeper into loss in the run up to filing its draft red herring prospectus with the markets regulator SEBI. The compa... Read More


SEBI To Relax Norms On Technical Glitches For Stock Brokers

India, Sept. 22 -- The Securities and Exchange Board of India (SEBI) has proposed to ease its framework for reporting "technical glitches" at online stock brokerages to streamline errors for online tr... Read More


Pernia's Pop Up Shop Files DRHP For INR 660 Cr IPO

India, Sept. 22 -- Pernia's Pop Up Shop parent Purple Style Labs has filed its draft red herring prospectus (DRHP) with SEBI for an initial public offering (IPO) that will solely consist of a fresh is... Read More