EaseMyTrip Bleeds In Q4, Posts ₹15 Cr Loss
EaseMyTrip posted a Q4 FY26 net loss of ₹15.4 Cr (≈$1.9 M), reversing a ₹13.9 Cr profit a year earlier. Operating revenue rose 8.9% YoY to ₹151.9 Cr (≈$18.3 M), but total expenses jumped 38.6%, squeezing margins. The hotel and holiday packages segment exploded 148% to ₹57.8 Cr (≈$7 M), while the core air‑ticket business fell 14.7%. The company now targets a ₹500 Cr (≈$60 M) capital raise to fund AI, technology upgrades and international expansion.
Behind Awfis’ Premiumisation Bid To Capture The GCC Boom
Awfis, the first new‑age coworking firm to list in India, posted a Q4 FY26 profit of ₹23.2 Cr (≈$2.8 M) and a 20% revenue jump to ₹410.1 Cr (≈$49 M). The surge is driven by rising demand from global capability centres (GCCs) that are...
Lendingkart Finance’s Loss Widens 16% To ₹333 Cr In FY26, Revenue Falls 62%
Lendingkart Finance, the NBFC arm of the Indian fintech Lendingkart, posted a net loss of ₹333.3 crore (≈ $40 million) in FY26, a 16% increase from the prior year. Operating revenue plunged 62% to ₹327.3 crore (≈ $39 million), driven by a sharp drop in loan...
Over 60% of Coding At Rapido Is Done By AI: Cofounder Rishikesh SR
Rapido, India’s leading bike‑taxi platform, reports that roughly 66% of its code is now written with AI assistance, a share the co‑founder expects to rise. The AI‑driven workflow has slashed the idea‑to‑production cycle from over two months to about two...
Zomato Launches ‘Healthy Subscriptions’ To Double Down On Clean Eating
Zomato has introduced “Healthy Subscriptions,” a feature that lets users pre‑order curated lunch and dinner plans for 3, 5 or 15 days in Delhi NCR, Mumbai and Bengaluru. Each dish in the subscription menu receives an AI‑generated “High” Healthy Score...
AI Has Scaled Speed Of Experimentation For Marketing Teams: Zepto’s Divesh Sawhney
AI is reshaping marketing experimentation at Indian quick‑commerce firm Zepto, where Chief Growth Officer Divesh Sawhney says AI‑powered frameworks accelerate campaign testing and reveal deeper insights on retention and incrementality. At the Inc42 AI Summit, co‑founders of LimeChat and Dashverse...
Exponent Energy Cofounder Sanjay Jagannath Steps Down
Exponent Energy, the Indian EV rapid‑charging startup, announced that co‑founder Sanjay Jagannath has stepped down from day‑to‑day duties and will remain in an advisory capacity. The move is part of a broader restructuring as the company expands beyond charging into...
Electrical Components Manufacturer TIEA Connectors Raises ₹77 Cr
TIEA Connectors, an Indian electrical‑components startup, closed a $8 million Series A round led by IvyCap Ventures, with existing backers Jamwant and 8X Ventures also participating. The capital will fund expanded manufacturing capacity, R&D, and automation to serve e‑mobility, aerospace, defence and...
Pine Labs To Launch Infra For Stablecoin-Backed Prepaid Cards In Global Markets
Pine Labs announced it will build infrastructure for stablecoin‑backed prepaid cards that can be issued by banks worldwide, enabling peer‑to‑peer, merchant and bulk‑remittance payments. The move follows a profitable Q4 FY26, where the fintech posted a net profit of ₹59.4 cr...
Fairdeal.Market Bags $15 Mn To Scale Its B2B Quick Commerce Platform
Fairdeal.Market, a B2B quick‑commerce startup founded in 2022, closed a $15 million Series A round led by Bertelsmann India Investments, with participation from WaterBridge Ventures and Incubate Asia Fund. The funding—equivalent to roughly ₹142.8 crore (≈ $17.1 million)—will fuel expansion of its dark‑store network, boost...
Can Cashfree’s SME And Cross-Border Bets Solve Its Profitability Puzzle?
Cashfree Payments has struggled with profitability, posting a 46‑fold net loss increase to roughly ₹133 Cr ($16 M) in FY23 despite revenue growth to about ₹640 Cr ($77 M) annually. The firm is betting on two growth levers – a rapid‑onboarding, no‑code SME product...
Exclusive: Gabit Nets ₹36 Cr To Expand Wearables, Nutrition & Skincare Play
Gabit, a health‑tech startup founded in 2022, secured roughly ₹36.2 cr (about $3.7 million) from a group of angel investors in a pre‑Series A5 round. The capital was split into two tranches—₹16.6 cr in March and ₹19.6 cr in April—bringing its total funding to over...
Ixigo Rallies 6% After Q4 Profit Doubles To ₹32 Cr
ixigo shares surged nearly 6% after the travel platform reported Q4 FY26 profit doubling to ₹32.1 Cr (≈ $3.4 M). Operating revenue grew 9% year‑on‑year to ₹308 Cr (≈ $32 M), while full‑year profit rose 19% to ₹71.5 Cr. Gross transaction value climbed 12% YoY to ₹8,279 Cr,...
Zepto To Float ₹11,000 Cr IPO By July: Report
Quick‑commerce platform Zepto is preparing a ₹11,000 cr ($1.1 bn) IPO slated for filing before July 31, after receiving SEBI approval. The company will submit an updated draft red‑herring prospectus in the coming weeks, positioning it as the third quick‑commerce startup to list...
CCI Clears Blackstone’s Investment In AI Cloud Startup Neysa
Blackstone, via affiliates BCP Asia II Topco V and Asia II Topco XIV, received Competition Commission of India approval to acquire a controlling stake in AI‑cloud startup Neysa Networks. The deal comprises a $1.2 bn financing package—$600 mn equity led by Blackstone...