Shiprocket IPO to Deliver Massive Gains for Early Investors While Late Backers Face Losses

Logistics technology unicorn Shiprocket is preparing for its initial public offering (IPO), and the public listing is expected to generate significant wealth for several of its earliest investors. However, not…

Netflix Launches India Storytelling Initiative as Ted Sarandos Doubles Down on Local Content and AI

Netflix has announced the Netflix India Storytelling Initiative, a new programme designed to develop the next generation of creators in India’s animation, visual effects, gaming, and comics (AVGC) ecosystem. The…

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…

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…

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…

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…

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…