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Nykaa Allots 3.08 Lakh Equity Shares Under ESOP Plans

Beauty ecommerce major Nykaa said it has allotted 3.08 Lakh equity shares to its employees under its ESOP schemes.

Inc 42
15 Oct 2024

Digital & New Commerce Biz Comprised 17% Of Reliance Retail’s Q2 Revenues

The digital and new commerce business contributed 17% to Reliance Retail’s total revenues in the Q2 of the financial year FY25.

Inc 42
15 Oct 2024

Navi Surpasses Axis Bank In UPI Transactions In September

Continuing its upward momentum, Sachin Bansal’s Navi surpassed Axis Bank apps in terms of UPI transactions in the month of September.

Inc 42
15 Oct 2024

FirstCry Shares Surge Over 5%, Cross INR 700 Mark

As many as 13.5 Lakh shares were traded today and the company’s market capitalisation stood at INR 37,277 Cr at the end of the day

Inc 42
14 Oct 2024

Jio Platforms’ Q2 Profit Jumps 23% YoY To INR 6,539 Cr

RIL's digital arm Jio Platforms posted a 23.4% YoY increase in its consolidated net profit to INR 6,539 Cr in Q2 FY25

Inc 42
14 Oct 2024

ideaForge Expands ESOP Pool With Additional Stock Options

A month after allotting 3,936 equity shares under its ESOP 2018, drone manufacturing startup ideaForge has now allotted 1,450 equity shares under the same plan.

Inc 42
14 Oct 2024

Now, CleverTap Looking to Join Reverse Flip Parade

CleverTap is planning to relocate its headquarters from San Francisco to Mumbai, aligning with its aim to pursue an IPO in India.

Inc 42
14 Oct 2024

Purplle Hits Final Close Of Series F Round At INR 1,500 Cr

Beauty ecommerce unicorn Purplle has wrapped up its Series F funding round at INR 1,500 Cr (about $178.5 Mn).

Inc 42
14 Oct 2024

Reddit Back Online After A Global Outage

This marks the third outage on the platform in the last three months. It faced similar outages in September and August this year

Inc 42
14 Oct 2024

Exclusive: The Good Bug Raises $3.5 Mn From Sharrp, Fireside Ventures

The Good Bug has raised $3.5 Mn in its Series A extension round from Sharrp Ventures, the family office of Marcio Group chairman

Inc 42
14 Oct 2024

EaseMyTrip Board Approves 1:1 Bonus Share Issue

Travel tech EaseMyTrip's board has approved issuing one bonus equity share for every one fully paid-up equity share

Inc 42
14 Oct 2024

Ola Electric Shares Tumble 3% Amid Regulatory Scrutiny Over ‘BOSS’ Sale

Shares of Ola Electric dropped as much as 3% to INR 87.34 during intraday trading on the BSE today (October 14) amid regulatory scrutiny.

Inc 42
14 Oct 2024

DMI Finance Boosts Leadership Team With Group CFO & Group Treasury Head

Financial service provider DMI Group’s NBFC arm DMI Finance has strengthened its leadership team with two key appointments

Inc 42
14 Oct 2024

RentoMojo FY24: Profit Jumps 3X To INR 22 Cr, Operating Revenue Inches Closer To INR 200 Cr

Online furniture rental startup RentoMojo logged a 60% year-on-year increase in its operating revenue at INR 193 Cr in FY24.

Inc 42
14 Oct 2024

JetSynthesys-Backed Jetapult Picks Up Stake In UMX Studio To Foray Into MENA Region

Jetapult has acquired stake in UMX Studio for $4.5 million, marking its first investment in the MENA region.

Inc 42
14 Oct 2024

JetSynthesys-Backed Jetapult Picks Up Majority Stake In UMX Studio To Foray Into MENA Region

Jetapult has acquired a majority stake in UMX Studio for $4.5 million, marking its first investment in the MENA region.

Inc 42
14 Oct 2024

Licious Buys Bengaluru’s My Chicken And More To Expand Its Omnichannel Footprint

Licious acquires My Chicken and More, adding 23 stores to its network and to integrate its online and offline sales channels.

Inc 42
14 Oct 2024

D2C Jewellery Brand GIVA Nets INR 255 Cr To Fuel Its Offline Play

GIVA has raised INR 255 Cr as a part of its extended Series B funding round from Premji Invest, Epiq Capital and Edelweiss Discover Fund

Inc 42
14 Oct 2024

SKYBER Partners Sibia To Sell India Made UAVs In Middle East And Africa Region

SKYBER Aerospace has partnered with Sibia Technologies to sell made-in-India unmanned aerial vehicles in the Middle East and Africa region.

Inc 42
14 Oct 2024

AI Deployment Must Be Guided By Ethical Considerations & Robust Regulatory Framework: Jyotiraditya Scindia

Communications minister Jyotiraditya Scindia has said that deployment of AI must be guided by ethical considerations and robust regulatory framework.

Inc 42
14 Oct 2024

Now, Xiaomi Planning To Integrate GenAI To Its Smartphone In India

Xiaomi is now planning to bring GenAI user applications to its smartphones in India by the end of the financial year 2024-2025.

Inc 42
14 Oct 2024

Robotics Startup Perceptyne Bags $3 Mn From Endiya Partners, Yali Capital & Others

The company plans to use the fresh capital to boost product development, customer acquisition and drive growth

Inc 42
14 Oct 2024

After Top Deck Rejig, Perfios Eyeing Entry Into US Market

Fintech SaaS startup Perfios, which turned unicorn earlier this year after bagging $80 Mn (INR 663 Cr) from Teachers’ Venture Growth, is reportedly in discussions to venture into the US market as part of its expansion plan to drive growth

Inc 42
14 Oct 2024

CCPA Orders Ola To Offer Refund Choices, Auto Ride Invoice

The CCPA has directed ride-hailing major Ola to roll out consumer-friendly changes, including offering refund options and providing receipts for auto rides

Inc 42
14 Oct 2024
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