Shadowfax clocks Rs 1,538 cr revenue in Q2, profit rises 5x
B2B logistics firm Shadowfax reported a fivefold increase in Q2 FY27 profit to Rs 68 crore, with operating revenue growing 57% year-on-year.
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
B2B logistics firm Shadowfax reported a fivefold increase in Q2 FY27 profit to Rs 68 crore, with operating revenue growing 57% year-on-year.
Binance reports a $6.3 billion impact from a security breach, while Bengaluru-based Pixxel launches a US federal subsidiary.
Gurugram-based Carrum Mobility has built a profitable fleet management business serving Uber in India.
Managed workspace provider Smartworks reported a Q2 net profit of ₹25.6 crore, marking a significant turnaround from the previous year.
Fintech firm Pine Labs saw its Q2 net profit grow sixfold to Rs 38.6 crore, with revenue increasing 24% to Rs 806.2 crore.
Bengaluru-based spacetech startup Pixxel has launched Pixxel Federal, a US-based subsidiary to serve American government agencies.
Startup Vera Platforms is developing a simulation environment to make AI agents safe for production DevOps tasks.
BSE SME-listed edtech startup Klassroom reported a 24% year-on-year profit increase to ₹4.8 Cr for H1 FY27.
Bengaluru-based space startup Pixxel has launched a US subsidiary, Pixxel Federal, to target the American government market.
A new startup called &Truth is working to automate formal verification for software.
Coding Dojo co-founder Richard Wang has launched 'Idea to Launch,' a 30-day program helping aspiring founders build products using AI.
Fino Payments Bank reported a net loss of ₹20.9 Cr for Q2 FY27, with total income dropping 16.6% year-on-year.
Belgian accelerator imec.istart is expanding its startup network into Spain, Germany, and Bulgaria.
CarTrade reported a Q2 net profit of Rs 66 crore and revenue of Rs 213.1 crore.
Seraphim has launched the SpaceTech Academy to provide $150,000 in investment and 12 months of support for early-stage space companies.
Swedish AI app builder Lovable has opened its first office in London with an initial staff of 70.
Trucking platform BlackBuck reported a 42% year-on-year increase in net profit to ₹41.4 crore for Q2 FY27.
An analysis of the challenges Indian deep-tech startups face when scaling defence technologies amid record production growth.