News from Inc42 Media

India-Pakistan Ceasefire: Will Travel Platforms Get Relief From Cancellation Spree?

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Pooja Yadav @ Inc42 Media · 05/12/2025 19:30 EDT

India’s travel tech and online ticketing agent startups and listed giants such as MakeMyTrip, ixigo, Easemytrip, Cleartrip and others expect… Read more ›

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Under SEBI Lens, Jaggi Brothers Resign From Gensol

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Aryan Jakhar @ Inc42 Media · 05/12/2025 14:42 EDT

Gensol Engineering MD Anmol Singh Jaggi and director Puneet Singh Jaggi today tendered their resignations and stepped down from the… Read more ›

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PhonePe Hit By Tech Outage, Blames Network Capacity Shortfall

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Team Inc42 @ Inc42 Media · 05/12/2025 12:46 EDT

Fintech major PhonePe today suffered a major tech outage, leaving many users unable to make digital payments.  As per tracking… Read more ›

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Exclusive: Curefoods Gears Up For IPO, Converts Into A Public Company

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Amit Singh @ Inc42 Media · 05/12/2025 11:25 EDT

Bengaluru-based cloud kitchen startup Curefoods has converted into a public company as it ramps up preparations for its initial public… Read more ›

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Zepto Gets Domestic Shareholding Boost In $100 Mn Round

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Bhupendra Paintola @ Inc42 Media · 05/12/2025 11:25 EDT

As major quick commerce players look to increase the domestic shareholding, Zepto has brought in Motilal Oswal’s founders Motilal Oswal… Read more ›

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Urban Company Partners noon To Provide Home Services In UAE, Saudi Arabia

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Krithika K L @ Inc42 Media · 05/12/2025 10:53 EDT

IPO-bound Urban Company has partnered Dubai-based digital company noon to provide home services in the UAE and Saudi Arabia. Under… Read more ›

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Tariff Relief Or Ceasefire? New-Age Tech Stocks See $3 Bn M-Cap Surge

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Akshit Pushkarna @ Inc42 Media 3 place · 05/12/2025 09:51 EDT

In line with the BSE Sensex, 31 of the 33 new-age tech stocks ended Monday’s trading (May 12) in the… Read more ›

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Block Deals: Alibaba’s Antfin Likely To Divest 4% Stake In Paytm For INR 2,200 Cr

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Pooja Yadav @ Inc42 Media · 05/12/2025 09:30 EDT

Chinese tech giant Alibaba group’s company Antfin is reportedly looking to sell up to 4% stake in Paytm worth INR… Read more ›

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FamApp Overtakes Amazon Pay In April’s UPI Count, PhonePe Continues To Lead

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Palak Sharma @ Inc42 Media 3 place · 05/12/2025 08:23 EDT

FamApp By Trio (erstwhile FamPay) surpassed Amazon Pay to become the eighth biggest Unified Payment Interface (UPI) player in April.… Read more ›

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Uber To Take On Porter With Expansion Of Courier Service For Large Deliveries

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Kartikay Kashyap @ Inc42 Media · 05/12/2025 08:04 EDT

Mobility major Uber has announced the expansion of its courier service Uber Courier with the launch of Courier XL in… Read more ›

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M1xchange Raises $10 Mn To Boost Supply Chain Financing For MSMEs

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Ananya Upadhyaya @ Inc42 Media · 05/12/2025 08:02 EDT

Supply chain financing platform M1xchange has raised $10 Mn (around INR 84 Cr) from Filter Capital via secondary deal. The… Read more ›

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IPL Suspended: JioHotstar, Brands Brace For Fallout

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Gargi Sarkar @ Inc42 Media 1 place · 05/12/2025 06:58 EDT

The fight for 22 yards was nearly scorched out as clashes on the 3,323 Km India-Pakistan border began on May… Read more ›

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Zaggle Q4: Profit Jumps 62% YoY To INR 31 Cr

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Amit Singh @ Inc42 Media · 05/12/2025 06:42 EDT

Fintech SaaS company Zaggle’s consolidated profit after tax (PAT) surged 62% to INR 31.1 Cr in the fourth quarter (Q4)… Read more ›

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Ather Q4 FY25: EV Major Trims Loss By 17% YoY To INR 234 Cr

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Akshit Pushkarna @ Inc42 Media · 05/12/2025 05:28 EDT

Recently listed EV major Ather Energy registered a loss of INR 234.4 Cr in Q4 FY25, marking a 17% year… Read more ›

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Tesla Eyeing Assembly Plant In Satara: Report

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Kartikay Kashyap @ Inc42 Media · 05/12/2025 04:10 EDT

Moving closer to its India entry, EV giant Tesla is reportedly planning to set up an assembly unit in Maharashtra’s… Read more ›

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Celebal Nets $15 Mn To Build AI Solutions For Energy, Manufacturing Sectors

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Bhupendra Paintola @ Inc42 Media · 05/12/2025 04:02 EDT

IT services provider Celebal Technologies has raised $15 Mn (around INR 127.2 Cr) in its Series B funding round from… Read more ›

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Tata Electronics Planning To Expand iPhone Enclosure Production At Hosur Unit

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Anne Florentyna @ Inc42 Media · 05/12/2025 03:45 EDT

Tata Electronics is reportedly planning to increase the production of enclosures for Apple’s iPhones at its Hosur facility.  “Tata Electronics… Read more ›

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D2C Snacking Brand Farmley Bags $40 Mn

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Anne Florentyna @ Inc42 Media · 05/12/2025 02:12 EDT

D2C snacking brand Farmley has secured $40 Mn (around INR 338.8 Cr) in a Series C funding round led by… Read more ›

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DoT Finalising Satellite Spectrum Allocation Rules Soon: Report

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Palak Sharma @ Inc42 Media 3 place · 05/12/2025 02:04 EDT

The Department of Telecommunications (DoT) is reportedly looking to finalise the satellite spectrum allocation rules soon and share the draft… Read more ›

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Healthtech startup Avammune Bags $12 Mn From Capital 2B, Others

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Palak Sharma @ Inc42 Media · 05/11/2025 23:30 EDT

Healthtech startup Avammune Therapeutics has raised $12 Mn (INR 100 Cr) as a part of its Series A funding round… Read more ›

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