Business

FirstCry Parent Stuns Market with Rs 2,099 Crore Revenue in Q2 FY26 – Is This Just the Beginning?

Brainbees Solutions Smashes Expectations Brainbees Solutions, the parent company of India’s leading kids’ retailer FirstCry, has reported a remarkable performance in Q2 FY26. The company posted revenue of Rs 2,099 crore, reflecting a 10% year-on-year increase, while EBITDA reached Rs 111 crore, with losses down 20% compared to the same quarter last year. This strong showing comes at a time…
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BusinessStartup

Delhivery Revenue Skyrockets 17%—But Acquisition Disaster Pushes It Into Rs 50 Crore Loss

Delhivery stunned the market this week with a 17% jump in revenue for Q2 FY26, hitting Rs 2,559 crore. On paper, it looks like business is booming—but behind the numbers lurks a shocking twist: the company reported a net loss of Rs 50 crore, reversing last year’s Rs 10 crore profit. What caused this sudden downturn? The culprit is the costly integration of its Ecom Express acquisition, which…
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BusinessStartup

Swiggy Shocks India: Rs 1,092 Crore Loss in Q2 Despite Jaw-Dropping Revenue Surge

In a rollercoaster financial reveal, Bengaluru-based food delivery giant Swiggy, one of Zomato’s fiercest rivals, stunned investors and analysts alike by reporting a staggering Rs 1,092 crore loss in Q2 FY26. The numbers, released on Monday, show that while Swiggy’s top line is soaring, the bottom line is bleeding, highlighting the high-stakes battle in India’s hyper-competitive foodtech and…
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Startup

Flipkart-Backed Shadowfax Shocks the Market: Revenue Hits Rs 1,806 Crore, Profits Double in Just Six Months

Indian logistics startup Shadowfax Technologies is making waves ahead of its IPO, reporting blockbuster numbers in the first half of FY26. The Flipkart-backed firm posted revenue of Rs 1,805.6 crore, a staggering 68% increase year-on-year, while profits more than doubled compared to the same period last year. Shadowfax has filed an updated Draft Red Herring Prospectus with SEBI, aiming to raise Rs…
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Startup

Burma Burma Dishes Out Rs 100 Crore Milestone in FY25 — and Nearly Turns Profitable

Burma Burma Serves Up a Delicious Financial Win Iconic vegetarian restaurant chain Burma Burma has cooked up its best-ever financial performance yet — crossing the Rs 100 crore revenue mark in FY25 while narrowing losses by a massive 78%. Known for introducing diners to the rich and comforting flavors of Burmese cuisine, the pan-Asian eatery is now not only a crowd favorite but also a growing…
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Startup

Exclusive: InCred Set to Raise ₹1,500 Cr in IPO — Fintech Unicorn’s Big Market Move

InCred Holdings, one of India’s fastest-growing fintech firms, is gearing up for a blockbuster IPO with plans to raise ₹1,500 crore (around $172 million) via a fresh issue of shares. The company’s total IPO size is expected to fall between $460 million and $560 million, marking one of the most significant listings in the financial services sector this year. According to internal documents…
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Startup

Zappfresh Files RHP; IPO to Open on September 26

Zappfresh, the rapidly growing meat delivery startup, has taken a significant step toward public listing by filing its Red Herring Prospectus (RHP) for its initial public offering (IPO) on the BSE SME platform. The IPO, consisting solely of a fresh issue of 59.06 lakh shares, is scheduled to open on September 26 and close on September 30, 2025. The move reflects Zappfresh’s ambitions to raise…
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BusinessStartup

Zerodha Capital’s Net Profit Soars 78% to ₹12.5 Crore in FY25; Loan Book Triples to ₹381 Crore

Zerodha Capital Reports 78% Surge in Net Profit for FY25 Zerodha Capital, the non-banking finance arm of India’s largest stock brokerage firm Zerodha, has announced a remarkable 78% increase in its net profit for the financial year 2024–25, reaching ₹12.5 crore. This growth underscores the company’s strategic expansion into the lending sector and its ability to capitalize on the burgeoning…
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Business

MobiKwik Reports Huge Loss in Q4 FY25 Despite Strong Revenue Growth – What Went Wrong?

MobiKwik, the well-known Gurugram-based fintech platform, has just revealed a staggering net loss in its Q4 FY25 results, marking a sharp downturn from the same period last year. Despite a strong growth trajectory in payment volumes, the company’s financial performance has taken a hit, primarily due to rising operational costs and challenges in its credit business. Key Financials: A Look at the…
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Startup

Zepto’s Ad Business Hits $200 Million ARR: How AI and Smart Moves Helped Them Grow 5X in a Year

From Struggles to Success Zepto, the fast-growing quick commerce startup from India, has hit a major milestone. Its advertising business just crossed a $200 million annual revenue run rate (ARR), up from only $40 million last year. That’s a 5X growth in just 12 months. This massive jump comes despite a rough period for startups, with the funding winter, the Silicon Valley Bank collapse, and some…
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