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Freshworks Turns Profitable in Q2 CY26 as Revenue Rises 16% to $237.4 Million

Freshworks has reported a strong financial performance for the second quarter of calendar year 2026, returning to GAAP profitability while maintaining steady revenue growth. The software-as-a-service (SaaS) company posted revenue…

MapMyIndia Reports ₹140 Crore Revenue and ₹50.4 Crore Profit in Q1 FY27 Despite Flat Earnings

Digital mapping and geospatial technology company MapMyIndia, operated by its parent C.E. Info Systems Ltd., reported a steady financial performance for the first quarter of FY27. The company recorded a…

Nykaa Q1 FY27 Profit Surges 3.3 Times to ₹80 Crore, Acquires Majority Stake in Aminu

Beauty and fashion e-commerce platform Nykaa reported a strong start to FY27, posting a 29% year-on-year increase in revenue from operations and a 3.3-fold jump in net profit during the…

Former Swiggy and Zomato Executives Launch AI Startup Profound, Raise $1.5 Million in Seed Funding

Bengaluru-based artificial intelligence startup Profound has emerged from stealth with $1.5 million in seed funding, introducing an AI-powered platform designed to transform professional networking and recruitment. The startup was founded…

Ex-Delhivery and Cleartrip Veterans Launch Profound, Raise $1.5 Million to Build AI Career Representatives

Former Delhivery technology leader Prashant Parashar and former Cleartrip Chief Business and Growth Officer Anuj Rathi have launched Profound, an AI-native startup focused on helping professionals manage and grow their…

Ather Energy Shares Hit Record High After Strong Q1 FY27 Results Boost Investor Confidence

Shares of electric two-wheeler manufacturer Ather Energy climbed nearly 18% on August 4, touching an all-time high after the company reported a strong financial performance for the first quarter of…

Flipkart to Launch Food Delivery Service in Bengaluru by Mid-August With Low Commission Model

Flipkart is preparing to enter India’s highly competitive online food delivery market with the launch of its food delivery service in Bengaluru by mid-August. The Walmart-owned ecommerce company plans to…

Shiprocket IPO Expected This Month at ₹7,000 Crore Valuation Amid Stronger Financial Performance

Indian ecommerce enablement platform Shiprocket is expected to launch its initial public offering (IPO) within the next one to two weeks, with reports suggesting the company is targeting a valuation…

BlackBuck Q1 Profit Rises 25% to ₹42 Crore as Revenue Surges 42%

Digital trucking platform BlackBuck has started FY27 on a strong note, reporting a 25% year-on-year increase in net profit alongside robust revenue growth during the first quarter. The Bengaluru-based company…

1xBet Branding Appears on Indian Sports Platforms Despite Government Crackdown on Offshore Betting Ads

Offshore betting platform 1xBet has once again come under scrutiny after its branding was prominently displayed during India’s recent T20 cricket series against Zimbabwe, which was streamed for Indian audiences…

Matel Raises ₹130 Crore in Series B Led by UC Impower to Expand EV Powertrain Business

Pune-based electric mobility technology startup Matel Motion & Energy Solutions has secured ₹130 crore (around $15 million) in a Series B funding round led by UC Impower. The investment marks…

UPI Records Highest-Ever Monthly Volume with 23.66 Billion Transactions in July 2026

India’s Unified Payments Interface (UPI) achieved a new milestone in July 2026 by recording its highest-ever monthly transaction volume, highlighting the country’s continued shift towards digital payments. According to data…

Urban Company Reports ₹92 Crore Q1 FY27 Loss Despite 44% Revenue Growth

Home services marketplace Urban Company reported strong revenue growth in the first quarter of FY27, but the company slipped into a net loss as it continued investing heavily in its…

Indian Startup Funding Drops to $82.2 Million This Week as Early-Stage Deals Dominate

India’s startup ecosystem raised nearly $82.2 million across 17 funding deals during the week of July 27 to August 1, 2026. While investment activity remained steady, the total amount raised…

Shadowfax Raises FY27 Revenue Growth Guidance to 40% After Record First Quarter Performance

Shadowfax has significantly increased its revenue growth forecast for FY27 after delivering its strongest-ever quarterly financial performance. The Bengaluru-based logistics company has revised its full-year revenue guidance to 38-40%, up…