News from Inc42 Media

Inside The $44 Mn CoinDCX Breach: Another Dark Day For Indian Crypto

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Lokesh Choudhary @ Inc42 Media · 07/22/2025 08:40 EDT

It was around 9 PM in India on July 19 (Saturday) when blockchain investigator ZachXBT took to social media about… Read more ›

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MakeMyTrip Q1: Profit Jumps To $26 Mn, Business Growth Hit By India-Pak Conflict

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Akshit Pushkarna @ Inc42 Media · 07/22/2025 07:45 EDT

Nasdaq-listed online travel aggregator (OTA) MakeMyTrip posted a 23% increase in its profit for the first quarter of FY26 to… Read more ›

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From Shutdown Scare to INR 500 Cr Scale: How Akshayakalpa Rekindled Its Dairy Dream

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Bismah Malik @ Inc42 Media · 07/22/2025 07:34 EDT

At least six times they decided to down the shutter – only to revert and retry. Nine years on, with… Read more ›

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Paytm Swings To Profit, Posts INR 123 Cr PAT In Q1

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Lokesh Choudhary @ Inc42 Media · 07/22/2025 06:48 EDT

Fintech major Paytm turned profitable in the first quarter of FY26, posting a consolidated net profit of INR 122.5 Cr… Read more ›

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Raise Financial Services Ropes In Amit Gupta As Group CFO

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Ananya Upadhyaya @ Inc42 Media · 07/22/2025 06:42 EDT

Trading platform Dhan’s parent Raise Financial Services has appointed financial services veteran Amit Gupta as its group chief financial officer… Read more ›

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Eternal Shares Touch Fresh 52-Week High After Q1 Show

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Bhupendra Paintola @ Inc42 Media · 07/22/2025 02:34 EDT

Shares of foodtech major Eternal today surged as much as 14.8% to INR 311.60, touching a fresh 52-week high. The… Read more ›

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Foxconn’s Telangana Plant Faces Rare Earths Shortage, Production Hit

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Anne Florentyna @ Inc42 Media 1 place · 07/22/2025 00:24 EDT

Foxconn’s Telangana plant has been hit due to shortage of dysprosium, disrupting the production of Apple AirPods, ET reported, citing… Read more ›

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Ex-Perpule Founder’s New Startup Escape Plan Raises $5 Mn

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Ananya Upadhyaya @ Inc42 Media 1 place · 07/21/2025 20:31 EDT

Travel accessories-focussed startup Escape Plan has raised $5 Mn (around INR 43.14 Cr) in its seed funding round co-led by… Read more ›

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[Update] ED Summons Rana Daggubati, Vijay Deverakonda, Others For Promoting Illegal Betting

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Ananya Upadhyaya @ Inc42 Media · 07/21/2025 12:13 EDT

Update | July 21, 21:43  The Enforcement Directorate (ED) has summoned actors Rana Daggubati, Prakash Raj, Vijay Deverakonda, and Manchu… Read more ›

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BYJU’S Insolvency: SC Rejects BCCI, Riju Ravindran’s Pleas

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Lokesh Choudhary @ Inc42 Media 2 place · 07/21/2025 11:21 EDT

The Supreme Court today dismissed appeals filed by the BCCI and BYJU’s cofounder and director Riju Ravindran challenging a ruling… Read more ›

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Eternal Is Now More Blinkit Than Zomato

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Debarghya Sil @ Inc42 Media 2 place · 07/21/2025 11:05 EDT

Earlier this year, when Zomato changed its name to Eternal, a lot of eyebrows were raised. It signified a shift… Read more ›

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CoinDCX Offers Up To 25% Recovery Bounty After $44 Mn Crypto Heist

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Kartikay Kashyap @ Inc42 Media 2 place · 07/21/2025 09:22 EDT

CoinDCX has launched a recovery bounty programme following a major cyberattack that led to a theft of assets worth $44… Read more ›

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Eternal Q1: District’s Revenue Jumps To INR 207 Cr

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Anne Florentyna @ Inc42 Media · 07/21/2025 07:33 EDT

Eternal’s going-out business District saw a strong growth in the first quarter of FY26, with its revenue surging 118% to… Read more ›

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Mobavenue’s Tejas Rathod On Why AI Will Drive The Next Phase Of India’s Digital Advertising Growth

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Inc42 BrandLabs @ Inc42 Media · 07/21/2025 07:30 EDT

Marketing was once considered a game of darts in the dark. Earlier, brands used to cast their nets wide, hoping… Read more ›

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Eternal To Set Up New Subsidiary ‘Blinkit Foods’

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Lokesh Choudhary @ Inc42 Media · 07/21/2025 06:24 EDT

Foodtech major Eternal (formerly Zomato) is setting up a new wholly owned subsidiary Blinkit Foods Limited. In an exchange filing,… Read more ›

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Eternal Q1 Profit Slides 90% To INR 25 Cr

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Akshit Pushkarna @ Inc42 Media · 07/21/2025 05:59 EDT

Zomato parent Eternal’s net profit for the first quarter of the fiscal year FY26 slid to INR 25 Cr, down… Read more ›

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This Delhi Startup Is Betting On Hydrogen Jet Engines, But Is It Too Early?

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Kartikay Kashyap @ Inc42 Media · 07/21/2025 05:22 EDT

Have you heard of Project Kaveri? This programme from the 1990s was India’s first attempt to develop an indigenous jet… Read more ›

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EduFund Secures $6 Mn From Cercano Management, MassMutual Ventures

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Anne Florentyna @ Inc42 Media · 07/21/2025 05:21 EDT

Education-focused fintech startup EduFund has secured $6 Mn (INR 51.8 Cr) in a Series A funding round led by Cercano… Read more ›

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Ola, Uber Drivers Temporarily Suspend Strike In Mumbai

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Kartikay Kashyap @ Inc42 Media 3 place · 07/21/2025 04:23 EDT

Drivers of app-based taxis like Ola and Uber have temporarily suspended their ongoing strike in Mumbai and other cities of… Read more ›

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Sportstech Startup Huddle Bags $2.5 Mn

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Ananya Upadhyaya @ Inc42 Media · 07/21/2025 02:44 EDT

Sportstech startup Hudle has raised $2.5 Mn (around INR 21.5 Cr) in a Series A funding round led by Sky… Read more ›

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