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TAC Infosec H2: Profit Rises 30% YoY To Rs.10.8 Cr, Revenue Zooms 54%

India, May 15 -- NSE Emerge-listed cybersecurity firm TAC Infosec reported a 30% increase in its net profit for the second half of FY26 (H2 FY26) to Rs.10.8 Cr from Rs.8.3 Cr in the year-ago period. H... Read More


Exclusive: Healthtech Unicorn Innovaccer Lays Off 340 Employees In Another Restructuring Round

India, May 15 -- Healthtech unicorn Innovaccer fired 340 employees today in a restructuring exercise, sources told Inc42. This is the startup's third layoff round in the past four years. The layoffs ... Read More


Exclusive: Unicorn Innovaccer Lays Off 340 Employees In Another Restructuring Round

India, May 15 -- Healthtech unicorn Innovaccer fired 340 employees today in a restructuring exercise, sources told Inc42. This is the startup's third layoff round in the past four years. The layoffs ... Read More


Exclusive: Innovaccer Lays Off 340 Employees In Another Restructuring Round

India, May 15 -- Healthtech unicorn Innovaccer fired 340 employees today in a restructuring exercise, sources told Inc42. This is the startup's third layoff round in the past four years. The layoffs ... Read More


Nazara Technologies' Shares Soar 18% On Bulk Deal Buzz

India, May 15 -- Shares of Nazara Technologies rallied as much as 18% to hit an intraday high of Rs.314 on the BSE today after reports of a large bulk deal surfaced earlier today. As per a report by ... Read More


Flipkart To Defer IPO Till 2028, Eyes EBITDA Profitability In FY27

India, May 15 -- Ecommerce major Flipkart has reportedly deferred its IPO till at least the next year as it eyes profitability before listing publicly. As per a Moneycontrol report, US-based retailer... Read More


Rapido Raises $240 Mn At $3 Bn Valuation To Expand Footprint

India, May 15 -- Ride-hailing unicorn Rapido has raised $240 Mn (Rs.2,302 Cr) in a fresh funding round led by existing backer Prosus, with participation from WestBridge Capital, Accel, and other undis... Read More


D2C Toymaker Legend Of Toys Raises Rs.21 Cr To Enter New Categories

India, May 15 -- D2C toymaker Legend of Toys has bagged Rs.21 Cr (around $2.2 Mn) in its pre-Series A round led by Singularity Early Opportunities Fund, with participation from Veltis Capital, Enzia V... Read More


Ex-Peak XV MDs Launch Mettle Capital, Target $350-400 Mn Fund

India, May 14 -- Former Peak XV Partners MDs - Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma - have launched Mettle Capital, a new India-focused VC firm, and are aiming to raise $350 Mn to $400 M... Read More


Goldman Sachs Dumps Jio Financial Services Shares In Rs.62 Cr Block Deal

India, May 14 -- Financial services giant Goldman Sachs today offloaded Jio Financial Services (JFS) shares worth Rs.62 Cr via a block deal. As per BSE data, Goldman Sachs sold 26.8 Lakh shares (26,7... Read More