Business News

Blogs under category: Business News
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MagicFleet crosses 1 Mn monthly deliveries, targets 2 Mn by FY26 end

Ishika Agarwal

MagicFleet, the logistics vertical launched by hyperlocal commerce platform Magicpin, has surpassed one million monthly deliveries less than a year after its launch. The company now aims to double its ........ View More

  • 23/06/2025
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Krutrim acquires BharatSahAIyak from tech consulting firm Samagra

Ishika Agarwal

Bhavish Aggarwal-led AI startup Krutrim has acquired BharatSahAIyak, a company focused on public-sector AI solutions, from technology consulting firm Samagra. BharatSahAIyak has been working on AI-led ........ View More

  • 22/06/2025
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Urban Company reports Rs 1,144 Cr revenue and Rs 28.5 Cr PBT in FY25

Ishika Agarwal

Home services marketplace Urban Company recorded a 38.2% year-on-year revenue growth to Rs 1,144 during the fiscal year ended March 2025 (FY25), according to its annual report. The company also swung ........ View More

  • 19/06/2025
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Vision AI startup Metafusion appoints Avinash Trivedi as Chief Growth Officer

Ishika Agarwal

Metafusion, a vision AI startup, has announced the appointment of Avinash Trivedi as its Chief Growth Officer. The startup said Avinash will lead its growth strategy across enterprise adoption, market ........ View More

  • 19/06/2025
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Electric motorcycle manufacturer Oben Electric closes Rs 100 Cr Series A round

Ishika Agarwal

Electric motorcycle manufacturer Oben Electric has raised an additional Rs 50 crore ($6 million) in an extended Series A round, taking its total Series A funding to Rs 100 crore ($12 million) and over ........ View More

  • 18/06/2025
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Growth-stage venture fund Physis Capital crosses Rs 200 Cr in ongoing fundraise

Ishika Agarwal

Physis Capital, the growth-stage venture fund launched by Vinay Bansal, Ankur Mittal, and Mitesh Shah of Inflection Point Ventures, has raised over Rs 200 crore ($23 million) in its ongoing fundraise. ........ View More

  • 18/06/2025
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Used car platform Spinny receives $30 Mn in Series F round from WestBridge Capital

Ishika Agarwal

Used car platform Spinny secured Rs 260.76 crore or $30.6 million in an ongoing Series F round from new investor WestBridge Capital. The platform had exclusively reported the development last week. Sp ........ View More

  • 16/06/2025
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Lending and wealth service provider InCred Money set to acquire Stocko for Rs 300 Cr

Ishika Agarwal

Lending and wealth service provider InCred Money is set to acquire trading platform Stocko for Rs 300 crore ($35 million). As per report, Stocko will be renamed InCred Stocko after the process is comp ........ View More

  • 16/06/2025
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Retail advisory platform Univest concludes first ESOP buyback worth Rs 1.61 Cr

Ishika Agarwal

Retail advisory platform Univest has concluded its first Employee Stock Ownership Plan (ESOP) buyback worth Rs 1.61 crore. The program enabled early employees to liquidate a portion of their ESOPs, of ........ View More

  • 14/06/2025
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Lendingkart Finance reports Rs 288 crore loss in FY25

Ishika Agarwal

Lendingkart Finance, the non-banking finance arm of Temasek-backed Lendingkart Group, has reported a sharp financial deterioration for the fiscal year ending March 2025, posting a pre-tax loss of Rs 3 ........ View More

  • 09/06/2025
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