Meesho narrows loss by 68% while revenue rises 34% in Q2 of FY27
Indian ecommerce platform Meesho cut net losses by 68% while growing revenue 34% YoY in Q2 FY27, reaching 284 million annual transacting users.
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Indian ecommerce platform Meesho cut net losses by 68% while growing revenue 34% YoY in Q2 FY27, reaching 284 million annual transacting users.
Holiday Tribe, an AI-powered traveltech startup, is in talks to raise approximately ₹50 Cr from RPSG Capital Ventures and other investors.
TikTok launches 'Must Eat' restaurant guide feature, positioning itself as a competitor to Yelp and Google in local discovery.
Indian AI startups including Reo.Dev, Coreworks AI and RapidCanvas are expanding globally while maintaining engineering teams in India, reflecting a 265% year-on-year funding surge to $438Mn in Q3 2026.
Garena is relaunching Free Fire in India with a localized version, four years after the battle royale game was banned in the country.
Info Edge (India) reported 12.2% YoY revenue growth to Rs 903.9 crore in Q2 FY2027, with significant leadership transition as Hitesh Oberoi steps down as MD and CEO after 27 years.
Lithuanian startup PDKINEMATICS, founded by former private equity manager Rapolas Markevičius, develops precision-guidance systems for drones, emerging from the geopolitical crisis following Russia's invasion of Ukraine.
Meesho narrowed its losses in Q2, and Sanjeev Bikhchandani has returned as CEO of Info Edge, according to economic updates.
The FCC has approved Amazon Leo's $11.5 billion acquisition of mobile-satellite operator Globalstar.
Autonomous truck startup Kodiak secured its first commercial deal with DTL Transport to supply driverless trucks for public highways.
Meesho's quarterly loss has narrowed as the Bengaluru e-commerce platform scales operations in smaller Indian cities and works to improve seller revenue and delivery efficiency.
Indian e-commerce platform Meesho reports 75% year-over-year order growth during its flagship Mega Blockbuster Sale, signaling strong Q3 momentum.
Circuit Mind, a London-based AI startup, has raised $25 million total across seed and Series A rounds to develop AI-driven circuit board design tools.
Circuit Mind, a British hardware design startup, raised $25 million to expand its AI verification platform for circuit board design, including a new tool for detecting schema errors.
Numeracle raised $28 million to help businesses verify their identities to prevent their calls from being labeled as spam by phone carriers and screening systems.
Cloud and AI security startup Upwind Security raised $400 million at a $3.8 billion valuation, with revenue quadrupling.
Kroger's $1.65 billion acquisition of Giant Eagle could consolidate a significant surveillance network, raising competition and privacy concerns according to the American Economic Liberties Project.
Info Edge founder Sanjeev Bikhchandani will return as MD and Group CEO in December 2026, taking over from Hitesh Oberoi who is stepping down after 27 years with the company.