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After A Profitable Q3, Delhivery Posts INR 69 Cr Loss In Q4 FY24

India, May 17 -- After reporting its maiden profitable quarter in Q3 of the financial year 2023-24 (FY24), logistics unicorn Delhivery once again slipped into losses in Q4. The company reported a cons... Read More


IPO-Bound Awfis Posts INR 19 Cr Loss In The First Nine Months Of FY24

India, May 16 -- Coworking startup Awfis, which is all geared up for an INR 599 Cr initial public offering (IPO), continued to remain a loss-making entity in the first nine months of the financial yea... Read More


PB Fintech CEO Yashish Dahiya, Vice Chairman Alok Bansal To Offload Stake In Co

India, May 16 -- Top executives of PB Fintech - Yashish Dahiya and Alok Bansal - are planning to sell up to 83.7 Lakh shares in the company via block or bulk deals. As per an exchange filing on Thurs... Read More


Infibeam Avenues Q4 PAT Rises To INR 49.2 Cr

India, May 16 -- Payments infrastructure company Infibeam Avenues posted a 28% rise in its consolidated profit after tax (PAT) to INR 49.2 Cr in the March quarter (Q4) of the financial year 2023-24 (F... Read More


Awfis Sets Price Band Of INR 364-INR 383 For INR 599 Cr IPO

India, May 16 -- Coworking startup Awfis has set a price band of INR 364-INR 383 for its upcoming initial public offering (IPO). Its IPO comprises a fresh issue of shares worth INR 128 Cr and an offe... Read More


Paytm Removed From MSCI India Index Amid Declining Market Cap, PB Fintech Added

India, May 15 -- Amid the sharp fall in its market capitalisation, fintech major Paytm's parent One 97 Communications has been removed from the MSCI India Index. The MSCI India Index had 13 additions... Read More


MakeMyTrip Q4: Net Profit Surges To $171.9 Mn On Tax Credit, One-Time Gain

India, May 15 -- Nasdaq-listed Indian traveltech major MakeMyTrip posted a net profit of $171.9 Mn in the March quarter (Q4) of the financial year 2023-24 (FY24) as against a profit of $5.4 Mn reporte... Read More


ideaForge PAT Slips 30% QoQ To INR 10.3 Cr In Q4

India, May 14 -- Drone manufacturer ideaForge posted more than a 30% decline in its consolidated profit after tax (PAT) to INR 10.3 Cr in the March quarter (Q4) of the financial year 2023-24 (FY24) fr... Read More


Matrimony Q4: PAT Rises 2.9% YoY To INR 11.7 Cr; Paid Subscriptions Cross 1 Mn Mark

India, May 14 -- Listed matrimonial startup Matrimony.com reported a 2.9% growth in its consolidated profit after tax (PAT) to INR 11.7 Cr in the March quarter (Q4) of the financial year 2023-24 (FY24... Read More


Amid Surge In SME IPOs, SEBI Mulls Tighter Norms For Such Listings

India, May 14 -- At a time when the public listings on the SME platforms of the BSE and the NSE are on the rise, the Securities and Exchange Board of India (SEBI) is reportedly looking to tighten the ... Read More