. @IndiaMART Q2 Profit Rises 10% To ₹91 Cr, Revenue Grows 10%. 👇
B2B ecommerce platform IndiaMART InterMESH reported a 9.8% YoY rise in net profit to ₹90.7 Cr in Q2 FY27, while operating revenue grew 10% to ₹428.6 Cr.
However, profit declined 47.3% sequentially from ₹172.2 Cr in Q1 FY27. EBITDA also fell around 2% YoY to ₹156 Cr, even as the EBITDA margin improved by 300 basis points to 40%.
The company’s customer collections rose 9% YoY to ₹443 Cr, while its paying suppliers stood at 2.2 Lakh. Annualised revenue per paying supplier increased 10% to around ₹72,000.
🔗 Read more about IndiaMART’s Q2 FY27 performance and marketplace growth here: 4-2.co/47NEJ51
#IndiaMART #Ecommerce #B2B #FinancialResults #News #Inc42
SoftBank Sells Another 1.2% Stake In Ola Electric, Holding Falls To 11.7%. 👇
Japanese tech investor SoftBank has sold 5.55 Cr shares of Ola Electric through open market transactions between January 6 and October 22, reducing its stake in the EV maker to 11.7%.
SoftBank also sold 1.12 Cr rights entitlements linked to Ola Electric’s ₹999.74 Cr rights issue, which aims to raise funds for debt repayment and expansion. The investor retains 3.21 Cr entitlements.
🔗 Read more about SoftBank’s stake sale and Ola Electric’s fundraising plans here: 4-2.co/48e3NSS
#SoftBank #OlaElectric, #EV #StockMarket #News #Inc42
Raymond, Unacademy’s Founders & Eternal Are Betting On The Future. 👇
From Raymond’s aerospace ambitions to Unacademy Cofounders Gaurav Munjal and Roman Saini launching a ₹700 Cr fund for AI, robotics, space and defence, Indian businesses are expanding beyond their core sectors.
Meanwhile, Eternal is exploring an AI companion called Dark.ai. The common thread? A growing push towards AI and deeptech.
Are we witnessing a technological revolution or an expensive game of FOMO? Tell us in the comments.
#Reels #Inc42 #fyp #AIEconomy #DeepTech #Startup
Healthtech Startup Cent Raises $15 Mn, Acquires AI Radiology Platform Medsee. 👇
Healthtech startup Cent, founded by Practo cofounder Shashank ND, alongside Anshul Khandelwal and Arpit Garg, has raised $15 Mn (₹143 Cr) in a Series A round led by Blume Ventures and existing investor South Park Commons, with participation from individual investors.
The fresh capital will be used to strengthen R&D and expand its AI, engineering and clinical teams. Cent has also acquired Medsee, an AI-powered radiology reporting workflow platform, to make scan reporting faster and more consistent as volumes grow.
🔗 Read more about Cent’s plans to scale AI-powered preventive healthcare here: 4-2.co/3UibSTk
#Cent #Healthtech #PreventiveHealthcare #StartupFunding #News #AIEconomy #Inc42
Social Gaming Platform Matiks Raises $10 Mn To Build AI-Powered Game Creation Engine. 👇
Founded in 2024 by Sudhanshu Bhatia, Mohan Kumar and Sushant Timmapur, Matiks allows users to compete in games spanning mathematics, memory, logic and puzzles. The startup claims over 22 Lakh players have played 4.8 Cr games on its platform as of September 2026, with daily active users hovering around 3 Lakh.
The fresh capital will be used to expand globally, develop new games and social experiences, and strengthen investments in AI, engineering, product and design.
🔗 Read more about Matiks’ fundraise and global expansion plans here: 4-2.co/48hPhcM
#Matiks #Gaming #AI #StartupFunding #News #AIEconomy #Inc42
Protectt.ai To Acquire Controlling Stake In Bosch’s AIShield. 👇
AI-native cybersecurity startup Protectt.ai plans to acquire a controlling stake in AIShield, an AI security platform incubated within Bosch Global Software Technologies. Bosch will retain a minority stake in the business.
The deal will combine AIShield’s AI security capabilities with Protectt.ai’s mobile security platform, helping it expand into enterprise AI security. AIShield will continue operating independently, with plans to grow its team to 50–60 employees by March 2027.
🔗 Read more about Protectt.ai’s AIShield deal and expansion plans here: 4-2.co/4dVoarq
#ProtecttAI #AIShield #Cybersecurity #AIEconomy #News #Inc42
Defence Ministry Partners With Sarvam AI To Expand AI Adoption Across Armed Forces. 👇
AI startup Sarvam AI has signed an MoU with the Ministry of Defence to develop AI applications for the Indian Army, Navy and Air Force.
The collaboration will focus on AI research, knowledge management, training and decision-support systems tailored to the armed forces’ requirements. However, specific applications, deployment timelines and financial details of the partnership remain undisclosed.
The partnership marks Sarvam AI’s entry into the defence sector, as India steps up efforts to integrate homegrown AI capabilities into critical sectors. Its Anvaya platform also targets defence and intelligence applications, including on-premise deployments.
🔗 Read more about Sarvam AI’s defence partnership and India’s growing defence tech ecosystem here: 4-2.co/4zND4bE
#SarvamAI #DefenceTech #ArmedForces #AIEconomy, #News #Inc42
Healthtech Startup BioStack Raises $9.5 Mn To Build Medical AI Training Data. 👇
AI-powered healthtech startup BioStack has raised $9.5 Mn in a seed funding round led by Peak XV Partners, Afore Capital, DCVC, Emerson Collective and other investors.
Founded in 2025 by Sanat Mishra and Parth Patwa, BioStack combines fragmented clinical data, including medical records, imaging, notes and medication information, to build datasets for medical AI training and research.
The fresh capital will support its expansion across the US, India, Brazil and Argentina, alongside investments in technology and hiring across engineering and research teams.
🔗 Read more about BioStack’s fundraise and medical AI ambitions here: 4-2.co/3W85MFE
#BioStack #Healthtech #MedicalAI #StartupFunding #News #AIEconomy #Inc42
. @WeWorkIndia Q2 Profit Jumps 219% To ₹20.4 Cr, Revenue Rises 34%. 👇
Flexible workspace provider WeWork India reported a 219% YoY jump in consolidated net profit to ₹20.4 Cr in Q2 FY27, while operating revenue grew 33.6% to ₹767.8 Cr.
The company added a record 11,700 desks during the quarter, taking operational capacity to 1.45 Lakh desks across 85 centres in eight cities. Its member base grew 32.5% YoY to 1.22 Lakh.
🔗 Read more about WeWork India’s Q2 FY27 performance and expansion plans here: 4-2.co/4stkjb4
#WeWorkIndia #Coworking #FlexibleWorkspaces #FinancialResults #News
Nazara Swings Back To Profit In Q2 FY27, Revenue Jumps 52% To ₹803 Cr. 👇
Gaming major Nazara Technologies reported a net profit of ₹35.4 Cr in Q2 FY27, reversing a loss of ₹33.9 Cr in the year-ago quarter. Revenue surged 52% YoY, while EBITDA rose 93% to ₹120 Cr.
Its gaming business led growth, contributing ₹656 Cr in revenue, up 122% YoY, following the consolidation of Bluetile and BestPlay. The two businesses together generated ₹329 Cr in gross revenue during the quarter.
🔗 Read more about Nazara’s Q2 FY27 performance and gaming business here: 4-2.co/4iFuxlc
#NazaraGaming #GamingIndustry #FinancialResults #News #Inc42
LEAP India Q2 Profit Jumps 62% To ₹17.8 Cr, Revenue Grows 18%. 👇
Logistics company LEAP India reported a 62% YoY increase in net profit to ₹17.8 Cr in Q2 FY27, while operating revenue rose 18.2% to ₹211.2 Cr.
EBITDA grew 25% to ₹109.7 Cr, with margins expanding to 50.8%.
The company also signed agreements to acquire Vimprotech and Total International Packaging Solutions (TIPS) for a combined ₹142 Cr, strengthening its manufacturing and container-pooling capabilities.
🔗 Read more about LEAP India’s Q2 performance and acquisition plans here: 4-2.co/4stkPG2
#LEAPIndia #Logistics #SupplyChain #FinancialResults #News #Inc42
AceVector Q2 Loss Widens 116% To ₹16.2 Cr, Revenue Grows 17%. 👇
Snapdeal parent AceVector reported a net loss of ₹16.2 Cr in Q2 FY27, up 116% YoY, even as operating revenue rose 17% to ₹151.2 Cr.
The company attributed the higher loss to increased festive-season marketing spends, temporary logistics cost pressures at Snapdeal and investments in Unicommerce.
AceVector’s consolidated revenue increased 17% YoY to ₹285.5 Cr in H1 FY27, but its adjusted EBITDA loss widened to ₹26.9 Cr.
🔗 Read more about AceVector’s Q2 performance and business updates: 4-2.co/4zP32eK
#AceVector #Snapdeal #Unicommerce #Ecommerce #News #Inc42
Tata Communications To Invest Up To $450 Mn In AI Connectivity. 👇
Tata Communications plans to invest $400–450 Mn (around ₹4,350 Cr) to build a 10,000 km AI-ready fibre network across India, catering to rising demand for data centre connectivity.
The expansion will add 6 petabits per second of capacity, with the first phase connecting Mumbai, Pune, Hyderabad and Chennai.
Meanwhile, E2E Networks plans to expand its AI factory capacity by nearly 59% to support growing demand for AI workloads.
🔗 Read more about the AI infrastructure expansion here: 4-2.co/4k1nHb5
#TataCommunications #AIEconomy #DataCentres #E2ENetworks #News #Inc42
Ather Turns Profitable In Q2 FY27, Plans ₹122 Cr Capacity Expansion. 👇
EV maker Ather Energy reported its first-ever quarterly net profit of ₹1.3 Cr in Q2 FY27, reversing a loss of ₹154.1 Cr in the year-ago quarter. Its EBITDA margin also turned positive at 4.9%.
However, sustaining profitability remains the next challenge. Ather plans to invest ₹122 Cr to add 2.25 Lakh units of annual manufacturing capacity across its Hosur and upcoming AURIC facilities, taking total installed capacity to 11.4 Lakh units by Q2 FY28.
With demand outpacing supply, can Ather maintain profitability as it scales production?
🔗 Read the full analysis on Ather’s profitability and growth plans here: 4-2.co/3WyhPw1
#AtherEnergy #EV #ElectricVehicles #AutoTech #News #Inc42
AI Trading Platform Tradl Raises $4.1 Mn In Seed Funding. 👇
Bengaluru-based Tradl has raised $4.1 Mn (about ₹40 Cr) in a seed funding round led by Nexus Venture Partners and Stellaris Venture Partners, with participation from angel investors, sources told Inc42.
Founded in 2025 by Shubham Bansal and Nilesh Raj, the startup combines AI with quantitative analysis to help retail traders identify stock opportunities, analyse market trends and test trading strategies.
Tradl aims to bring institutional-grade analytical capabilities to retail traders as AI adoption grows across India’s investment ecosystem.
🔗 Read more about Tradl’s fundraise and AI-powered trading tools here: 4-2.co/4sthruO
#Tradl #AIEconomy #StockMarket #Fintech #News #EXCLUSIVE #Inc42
