10 results found
Indian drone manufacturer ideaForge has announced a significant return to profitability, reporting a net profit of ₹6.5 Cr in Q2 FY24. This turnaround, following a loss in the previous quarter, signals strong operational momentum and renewed investor confidence in India's burgeoning deep tech and dr
India's spacetech sector is experiencing a significant boom, driven by government reforms and a surge in startups and funding. However, investors remain cautious due to long gestation periods, high capital needs, and regulatory uncertainties, seeking more patient capital and clearer market framework
Peak XV Partners, a leading venture capital firm, has divested a significant portion of its stake in Indian fintech unicorn Groww, selling shares worth ₹1,756 crore. This move reduces their holding to approximately 14.2%, signaling a maturing market for India's rapidly growing financial technology s
Indian fintech Moneyview (Finnovation Tech Solutions) has slashed its IPO fresh issue size by 50% to ₹750 Cr after receiving SEBI approval, reflecting a more cautious approach amidst evolving market dynamics for tech startups.
RentoMojo, the Bengaluru-based furniture and appliance rental startup, has successfully secured ₹376 crore from anchor investors, including notable names like Kotak Mahindra MF and Nexus Venture Partners, as it prepares for its much-anticipated initial public offering (IPO). This significant pre-IPO
Indian startups secured over $469 million across 26 deals in a single robust funding week, signaling strong investor confidence, particularly in early-stage ventures and diverse sectors like EV, fintech, and SaaS. This significant capital inflow highlights the dynamism of India's innovation ecosyste
India's tech landscape is abuzz with significant developments, from Delhivery's strong Q1 results hinting at improved unit economics to Ola Electric's rebound, fueling anticipation for its potential IPO. These movements, alongside a growing list of startups eyeing public markets, underscore a maturi
Global PE firm TPG Growth has offloaded its entire stake in Indian logistics tech giant Shadowfax for ₹301.6 Cr, marking a significant exit and signaling evolving investor confidence in the booming Indian last-mile delivery sector. This transaction reshapes Shadowfax's cap table and underscores the
Inc42's FY26 Financial Tracker provides an ongoing, in-depth analysis of India's startup ecosystem, monitoring the financial performance of hundreds of publicly listed, unicorn, soonicorn, and growth-stage companies. It offers crucial insights into revenue, expenses, profitability, and valuations, s
Online travel aggregator ixigo has reported outstanding Q4 financial results, doubling its net profit to ₹32 crore. Here is a deep dive into ixigo's growth, what is fueling the travel tech boom in India, and the lessons for developers and founders.