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Team Inc42 @ Inc42 Media · 09/12/2025 15:33 EDT

Flipkart’s B2C Arm Crosses INR 20,000 Cr Revenue Mark In FY25

Flipkart Internet, the ecommerce major’s marketplace arm, crossed the INR 20,000 Cr revenue mark in FY25. The company’s operating revenue… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 09/12/2025 13:09 EDT

K’taka HC Directs Tax Dept To Refund INR 16.11 Cr To Flipkart

The Karnataka High Court (HC) has reportedly directed the state’s commercial taxes department to refund INR 16.11 Cr to Flipkart… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 09/12/2025 11:22 EDT

RBI Fines IPO-Bound PhonePe For Flouting PPI Norms

The Reserve Bank of India (RBI) has imposed a monetary penalty of INR 21 Lakh on IPO-bound PhonePe Limited for… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 09/12/2025 11:01 EDT

FirstCry’s GlobalBees Invests INR 9 Cr in HealthyHey; Increases Stake to 80%

A day after FirstCry announced further investment in GlobalBees, the rollup subsidiary announced an investment of INR 8.9 Cr in… Read more ›

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Inc42 Media
Kartikay Kashyap @ Inc42 Media · 09/12/2025 10:00 EDT

[Update] Urban Company IPO: Issue Closes With 104X Oversubscription

Update | September 12, 19:30 IST Urban Company’s IPO closed with an oversubscription of a whopping 103.63X. On the final… Read more ›

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Inc42 Media
Bismah Malik @ Inc42 Media · 09/12/2025 09:51 EDT

Astrotalk Plans Offline Stores: Inside Astrology Giant’s Big Bet Before IPO

India’s passion for celestial bodies goes back thousands of years and, as ancient legends of the land professed and practised… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media · 09/12/2025 09:48 EDT

[Update] DevX IPO: Issue Closes With 64X Oversubscription

Update | September 12, 19:18 IST The IPO of DevX closed with an oversubscription of about 63.97X, with investors bidding… Read more ›

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Inc42 Media
Akshit Pushkarna @ Inc42 Media · 09/12/2025 08:31 EDT

ixigo To Offer Delhi Metro Tickets In Bid To Boost User Base

In a bid to widen its user base and diversify its revenue stream, listed online travel aggregator (OTA) ixigo has… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 09/12/2025 08:30 EDT

InsuranceDekho Slips Into Red, Posts INR 47.5 Cr Loss In FY25

Insurtech startup InsuranceDekho slipped into loss in the financial year ended March 2025 despite strong revenue growth. The Gurugram-based startup… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 09/12/2025 07:24 EDT

IPO-Bound Turtlemint Slips Into Red, Post INR 47 Cr Loss In FY25

In the run-up to its IPO, Turtlemint slipped into the red in the financial year ended March 2025. The insurtech… Read more ›

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Inc42 Media
Palak Sharma @ Inc42 Media · 09/12/2025 05:30 EDT

How Wastelink Is Solving Food Wastage Crisis By Turning Surplus Into Animal Feed

Whatever we gather for cooking isn’t consumed entirely. In fact, a large part of the food meant for human consumption… Read more ›

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Inc42 Media
Palak Sharma @ Inc42 Media · 09/12/2025 03:30 EDT

Mintifi’s FY25 Profit Surges 56% To INR 145 Cr

Fintech startup Mintifi’s (Minitifi Pvt Ltd) consolidated net profit zoomed 56% to INR 145 Cr in the financial year ended… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media · 09/12/2025 02:42 EDT

DevX IPO: Issue Oversubscribed 26X On Day 3 So Far

Coworking space provider DevX’s public issue continued to see high investor interest on the final day of bidding, with the… Read more ›

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Inc42 Media
Kartikay Kashyap @ Inc42 Media · 09/12/2025 02:08 EDT

Urban Company IPO: Issue Oversubscribed 15X On Day 3 So Far

Continuing the momentum of the previous two days, Urban Company’s IPO was oversubscribed 15.3X at 11:09 on the last day… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media · 09/12/2025 00:12 EDT

Centre Launches INR 100 Cr Scheme To Back Green Hydrogen Startups

Renewable energy minister Pralhad Joshi announced a new INR 100 Cr R&D scheme to back “innovative” green hydrogen startups.  Addressing… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media · 09/11/2025 22:30 EDT

Can PW Redeem Indian Edtech, Zupee Axes 170 Jobs & More

Can PhysicsWallah Break The Edtech Jinx? Days ago, PhysicsWallah submitted its updated DRHP with SEBI for an INR 3,280 Cr… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 09/11/2025 14:55 EDT

Defunct EV Ride-Hailer BluSmart Website Domain Up For Sale

Defunct electric ride-hailing startup BluSmart’s official website domain “blu-smart.com” is now up for sale. A quick check of the BluSmart… Read more ›

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Inc42 Media
Kartikay Kashyap @ Inc42 Media · 09/11/2025 12:17 EDT

FirstCry Completes INR 146 Cr Investment In Rollup Subsidiary GlobalBees

Omnichannel kidswear brand FirstCry has completed its INR 146 Cr ($17 Mn) investment in its rollup brand subsidiary, GlobalBees, over… Read more ›

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Inc42 Media
Kartikay Kashyap @ Inc42 Media · 09/11/2025 12:17 EDT

FistCry Completes INR 146 Cr Investment In Rollup Subsidiary GlobalBees

Omnichannel kidswear brand FirstCry has completed its INR 146 Cr ($17 Mn) investment in its rollup brand subsidiary, GlobalBees, over… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 09/11/2025 12:16 EDT

MCA Expands Fast Track Merger Framework To Enable More Startup Reverse Flips

About a year after announcing after allowing startups to reverse flip without seeking approval from the National Company Law Tribunal… Read more ›

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