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Cyber security firm QNu Labs has secured Rs 60 crore in funding from the government's NQM and other investors. This investment highlights the growing support for innovative technology solutions in the cyber security sector.
Tata Group-owned Trent has reported a significant increase in its adjusted profit for Q4, which has doubled due to strong sales and improved margins. This performance highlights the company's robust financial health and effective operational strategies in a competitive market.
Urban Company, preparing for its IPO, is facing a GST demand of INR 51 crore. This financial challenge comes as the company aims to strengthen its market position ahead of the public offering. The implications of this demand could impact its valuation and investor interest.
IndiaMART reported a remarkable 81% year-on-year increase in its profit for the fourth quarter, reaching INR 181 crore. This significant growth highlights the company's strong performance in the market, reflecting its successful strategies and operational efficiency.
Blue Tokai aims to achieve INR 1,000 crore in revenue by FY27 through a strategic 4-Point Playbook. This plan outlines key initiatives designed to enhance growth and market presence, positioning the company for significant expansion in the competitive coffee industry.
Delhivery CEO Sahil Barua has joined the board of Nestasia, a direct-to-consumer home decor brand, following his resignation from Swiggy's board. Founded in 2019, Nestasia has seen a 63.8% revenue increase but faces profitability challenges in India's $400 million home decor market. The company plans to expand its omnichannel presence with 30 stores by 2025, blending traditional craftsmanship with modern design to cater to evolving consumer preferences.
Exhicon has approved an investment of Rs 50 crore aimed at the design and development of new event structures. This strategic move is expected to enhance their offerings in the event management sector, reflecting a commitment to innovation and growth.
Urban Company, preparing for its IPO, has reported a profit of INR 243 crore for the first nine months of FY25. This significant financial milestone highlights the company's robust growth trajectory in the competitive service industry.
Zepto Marketplace Pvt., an Indian quick commerce company, is seeking to raise ₹15 billion (approximately $176 million) through a private credit deal, aiming to issue rupee-denominated bonds with maturities of two to four years. The funds will be used to buy back shares from foreign investors, enhancing domestic ownership ahead of a planned IPO.This strategic move, which offers a 16% yield to investors, reflects the founders' confidence in their business trajectory and the urgency of restructuring ownership. Zepto has recently doubled its valuation to $5 billion and is expanding its market share to 28% while approaching EBITDA profitability.
Indian e-commerce startup Meesho has officially rebranded from "Fashnear Technologies Private Limited" to "Meesho Private Limited" as part of its preparations for an initial public offering (IPO). This name change, approved by shareholders, aligns the company's corporate identity with its brand, reflecting a trend among Indian startups aiming to enhance investor confidence ahead of public listings.Meesho has also reported an 82% reduction in losses and a 32.8% revenue growth, positioning itself favorably among potential IPO candidates. The Indian IPO landscape is gaining momentum, with a significant increase in tech company listings, indicating a maturing startup ecosystem and growing investor interest in profitable ventures.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
QNu Labs secures 60 crore funding from government and investors
04:02 30.04.2025
Trent reports doubled Q4 profit driven by strong sales and margins
14:50 29.04.2025
urban company faces significant gst demands ahead of ipo
14:34 29.04.2025
IndiaMART reports 81 percent year on year profit increase to 181 crore
14:04 29.04.2025
Blue Tokai outlines strategy to achieve 1000 crore revenue by 2027
13:11 29.04.2025
Nestasia strengthens board with Delhivery CEO to enhance growth and logistics
11:40 29.04.2025
Exhicon invests 50 crore in new event structure development
11:35 29.04.2025
urban company reports 243 crore profit in nine months of fiscal year 25
10:22 29.04.2025
zepto aims to raise 176 million dollars through private credit deal
08:43 29.04.2025
Meesho rebrands ahead of IPO as Indian startups embrace public market momentum
08:10 29.04.2025
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