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Exclusive: Swiggy To Shut Professional Services Marketplace Pyng

India, Oct. 16 -- Foodtech major Swiggy has decided to shut Pyng, its marketplace for professional services, by the end of this month. The move comes nearly six months after the company launched the P... Read More


Behind The Scenes: How A New Breed Of Startups Is Powering India's Quick Commerce Boom

India, Oct. 16 -- Who does not want to take advantage of the great Indian quick commerce movement? What started with Blinkit, Zepto, and Instamart as an endeavour to cater to convenience and speedy de... Read More


Jio Financial Services Q2: Profit Flat At INR 695 Cr, Revenue Nears INR 1,000 Cr Mark

India, Oct. 16 -- Fintech major Jio Financial Services (JFS) posted a net profit of INR 695 Cr in Q2 FY26, up about 1% from INR 689.1 Cr in the same quarter of previous year. On a sequential basis, th... Read More


Zepto Raises $450 Mn At $7 Bn Valuation

India, Oct. 16 -- Quick commerce major Zepto has raised nearly $450 Mn (around INR 3,955 Cr) in a funding round led by US-based pension fund California Public Employees' Retirement System (CalPERS). ... Read More


AI Startups To Watch: 5 Indian AI Startups That Caught Our Eye In October

India, Oct. 16 -- Artificial intelligence (AI) is no longer just a futuristic concept; it has now become the world's most transformative force, reshaping everything from how we work, learn, create, an... Read More


Razorpay's FY25 Revenue Jumps 65% YoY, Incurs One-Time Loss Of INR 1,200 Cr

India, Oct. 16 -- Despite a robust uptick in its top line, fintech major Razorpay slipped into the red in the fiscal year FY25. While the IPO-bound company refrained from disclosing the exact loss num... Read More


Razorpay Slips Into Red In FY25, Revenue Zooms 65% YoY

India, Oct. 16 -- Despite a robust uptick in its top line, fintech major Razorpay slipped into the red in the fiscal year FY25. While the IPO-bound company refrained from disclosing the exact loss num... Read More


Razorpay Slips Into Red In FY25 On ESOP, Redomiciling Expenses

India, Oct. 16 -- Despite a robust uptick in its top line, fintech major Razorpay slipped into the red in the fiscal year FY25. While the IPO-bound company refrained from disclosing the exact loss num... Read More


Blinkit Q2 FY26: Adjusted EBITDA Loss Declines 4% QoQ To INR 156 Cr

India, Oct. 16 -- Eternal's quick commerce arm Blinkit saw its adjusted EBITDA loss decline 3.7% to INR 156 Cr in the second quarter of FY26 (Q2FY26) from a loss of INR 162 Cr in the preceding Septemb... Read More


Eternal Q2: Profit Tanks 63% YoY To INR 65 Cr, Revenue Up 183% YoY

India, Oct. 16 -- Zomato and Blinkit parent Eternal's consolidated profit for Q2 FY26 plunged 63% to INR 65 Cr from INR 176 Cr reported in the year-ago quarter. On a sequential basis, the company's pr... Read More