PB Fintech, the parent company of PolicyBazaar and Paisabazaar, reported a 92% year-on-year jump in consolidated net profit to ₹163 crore in Q1 FY27, driven by a 41% surge in total insurance premium and accelerating growth in its core protection insurance business.
Listed startup data platform Tracxn Technologies posted a widened net loss of ₹3.01 crore in Q1 FY27 on nearly flat revenue of ₹21.08 crore, as increased spending on go-to-market capabilities and data infrastructure outpaced top-line growth even as deferred revenue hit record highs.
Delhi NCR-based pain care startup Zanskar is in talks to raise about $6 Mn in a fresh funding round led by Bessemer Venture Partners, according to sources, underscoring continued investor interest in India's technology-led chronic pain management sector.
Bengaluru-based electric two-wheeler manufacturer River Mobility has raised $120 Mn in a Series C round co-led by Elev8 Venture Partners and Claypond Capital, marking one of the largest private funding rounds in India's electric two-wheeler segment and the company's first major backing from Indian institutional investors.
Pinegap, an AI-powered equity research platform founded by former JPMorgan analyst Ankit Varmani and IIT-BHU alumnus Deepak Sharma, has raised $8 Mn in a Series A round led by Stellaris Venture Partners to expand its agentic AI tools for institutional buy-side analysts.
Hyderabad-based space-tech startup Skyroot Aerospace has invited investors to submit competing bids for a fresh funding round targeting a $2 Bn valuation, roughly 80% higher than the $1.1 Bn mark it reached in May, as GIC, Temasek and 360 One Asset evaluate participation.
B2B ecommerce platform ArisInfra Solutions posted a consolidated profit of ₹20 crore in Q1 FY27, nearly four times its year-ago profit, as the company shifted its revenue mix toward higher-margin contract manufacturing and developer-as-a-service offerings.
Urban Company shares surged 13-17% after Morgan Stanley upgraded the stock to Overweight and InstaHelp crossed 100,000 daily orders, despite a continued net loss.
Malaysian private equity firm Creador is reportedly in advanced talks to acquire a 10% stake in Leeford Healthcare, valuing the pharmaceutical company at around ₹8,500 crore.
Government data shows 1,02,054 of India's 2,12,283 recognised startups have at least one woman director or partner, with ₹2,995 crore in AIF funding for women-led ventures.