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TBO Tek Shares Tank 5% Post Q1 Results

India, Aug. 5 -- Shares of TBO Tek slipped as much as 5.2% to INR 1,322 in today's trading session after the B2B travel tech company reported its Q1 results. TBO Tek's net profit rose 3% year-on-year... Read More


TurboHire Bags $6 Mn To Offer Agentic AI-Based Recruitment Solutions

India, Aug. 5 -- AI-based HR tech startup TurboHire has raised $6 Mn (around INR 52.7 Cr) in its Series A funding round led by IvyCap Ventures, with participation from an undisclosed host of angel inv... 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


Practo Turns Profitable In FY25, Revives IPO Plans

India, Aug. 5 -- Healthtech soonicorn Practo cofounder and CEO Shashank ND seemed upbeat while announcing the company's results today after its first profitable year in the fiscal year 2024-25 (FY25).... Read More


VinFast Kicks Off India Production, Eyes Local Sourcing From Component Makers

India, Aug. 4 -- Vietnamese electric vehicle (EV) manufacturer VinFast is in talks with multiple component makers to boost local sourcing from India. VinFast's Asia CEO, Pham Sanh Chau, told Reuters ... 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


Delhivery Shares Hit Fresh 52-Week High

India, Aug. 4 -- Shares of Delhivery jumped 6.38% to INR 457.30 apiece on the BSE today, touching a fresh52-week high. Last week, the Delhi NCR-based company reported its financial results for Q1 FY2... Read More


Mitigata Bags $5.9 Mn To Offer Cybersecurity And Insurance Solutions

India, Aug. 4 -- Cyber insurance startup Mitigata has raised $5.9 Mn (around INR 51.6 Cr) in its Series A funding round led by Nexus Venture Partners. The round also saw participation from existing i... Read More


Mitigata Raises $5.9 Mn To Fund Cybersecurity, Insurance Solutions

India, Aug. 4 -- Cyber insurance startup Mitigata has raised $5.9 Mn (around INR 51.6 Cr) in its Series A funding round led by Nexus Venture Partners. The round also saw participation from existing i... 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