Wakefit Slashes FY24 Losses, Nears Profitability
Home and sleep solutions brand Wakefit has taken a big step toward becoming profitable. In the financial year 2023–2024 (FY24), the Bengaluru-based company reduced its net loss to just ₹15…
NPCI Delivers Robust FY25 Performance
The National Payments Corporation of India (NPCI) has once again demonstrated its critical role in driving India’s digital payment revolution. NPCI, the non-profit organisation responsible for managing the country’s most…
Startup Founders Can Retain ESOPs Before IPO: SEBI
On June 18, 2025, the Securities and Exchange Board of India (SEBI) took a major step toward boosting the Indian startup ecosystem. It introduced critical amendments to its Employee Stock…
X’s Reality Show Lets Viewers Invest in Startups
Elon Musk’s social media platform, X (formerly known as Twitter), has stepped into uncharted territory. The platform launched its first original reality show, titled “Going Public,” which allows viewers to…
Groww Parent Posts 3X Profit, Raises $200M at $7B Value
Billionbrains Garage Ventures, the parent company of investment platform Groww, has reported remarkable financial growth for FY25. According to documents sourced by YourStory, the company’s net profit surged nearly threefold,…
Meesho Gears Up for IPO with Strategic Moves
Homegrown e-commerce platform Meesho has taken a major step toward becoming a publicly listed company. The company’s board has approved a special resolution to change its name from “Meesho Private…
Lenskart Gears Up for $1 Billion IPO: What to Know
India’s largest eyewear retailer, Lenskart, has taken a bold step toward the public markets. The company officially changed its status from a private to a public entity, signaling its intent…
Brainbees Solutions Faces Setback in Q4FY25
Brainbees Solutions, the parent firm of India’s leading baby products marketplace FirstCry, experienced a turbulent close to the financial year FY25. The company reported a significant net loss of ₹111.5…
EV Sales Drop in Australia as Hybrids Surge in Q1 2025
Electric vehicle (EV) sales in Australia dropped sharply in the first quarter of 2025, signaling a major shift in consumer sentiment and purchasing patterns. According to the Australia Automobile Association’s…
Allcargo Logistics Q4 FY25 Results: Net Loss Widens
Allcargo Logistics, one of India’s leading integrated logistics service providers, reported a consolidated net loss of ₹12.59 crore for the fourth quarter ended March 31, 2025, compared to a net…