Mobility platform Rapido crossed a major financial milestone in FY25, with total income touching ₹1,000 crore, even as its delivery vertical outpaced ride hailing to emerge as the company’s largest revenue contributor. The Bengaluru-based firm has remained in focus over the past year after delivering strong returns to early backers such as TVS, Swiggy, Prosus and Accel. It also drew wider attention after Uber CEO Dara Khosrowshahi publicly acknowledged Rapido as a growing competitive threat in India. Revenue growth driven by delivery and subscriptions According to its consolidated financial statements filed with the Registrar of Companies (RoC), Rapido’s revenue from…
Author: Adarsh Kumar
In 2025, Indian e-commerce didn’t just move faster it moved smarter. And behind this shift was a growing recognition that logistics is no longer a backend function, but a strategic intelligence layer. Few platforms captured this transition as comprehensively as ClickPost, whose data now offers one of the clearest views into how Indian e-commerce finally reached operational maturity. Founded by Naman Vijay, ClickPost was built on a simple but contrarian belief: at scale, logistics stops being an execution problem and becomes a data problem. That philosophy shaped how the platform evolvedfrom simplifying fragmented shipping workflows to becoming a full-fledged logistics…
Logistics and last-mile delivery firm Shadowfax Technologies has raised around ₹850 crore ($95 million) from anchor investors, signalling strong institutional demand ahead of the opening of its initial public offering (IPO). According to disclosures, the Bengaluru-based company allotted nearly 6.9 crore equity shares to anchor investors at ₹124 per share, the upper end of the IPO price band. The anchor round saw participation from a mix of leading domestic mutual funds and global institutional investors. Domestic and global funds participate Among domestic institutions, ICICI Prudential Mutual Fund emerged as the largest anchor investor. Other domestic participants included Nippon India Mutual…
PhonePe further strengthened its leadership in India’s Unified Payments Interface (UPI) ecosystem in December, clocking 9.81 billion customer-initiated transactions worth ₹13.61 lakh crore, according to data compiled from disclosures by the National Payments Corporation of India (NPCI). The Walmart-backed fintech commanded a 45.35% market share by transaction volume and 48.68% by value among the top 10 UPI applications during the month, cementing its dominant position in India’s digital payments landscape. Google Pay, Paytm retain top-three positions Google Pay continued to hold the second spot, processing 7.5 billion transactions in December. This translated into a 34.64% share of total UPI volumes…
India has ranked sixth among 11 Asian economies in the Asia Manufacturing Index (AMI) 2026, highlighting the need for a sharper and more coordinated policy push to strengthen its position in the regional and global manufacturing landscape. The Index, released by Dezan Shira & Associates, evaluates manufacturing competitiveness across eight core pillars and 43 sub-parameters, including infrastructure, labour, logistics, regulatory environment, and access to markets. India trails key Asian manufacturing hubs In its third edition, the AMI places India behind several Asian peers that have moved faster in improving manufacturing readiness and execution. Malaysia emerged as the second-ranked economy in…
The Securities and Exchange Board of India (SEBI) is considering a ₹20,000 crore asset threshold to identify “significant indices” that will come under stricter regulatory oversight, as part of its newly notified Index Providers Regulations, 2024. In a consultation paper released on Monday, SEBI said an index would be deemed “significant” if it is tracked or used as a benchmark by domestic mutual fund schemes with cumulative assets under management (AUM) exceeding ₹20,000 crore. Such indices would be subject to enhanced governance, disclosure and compliance requirements under the new framework. The move is aimed at strengthening transparency and accountability in…
State-owned Punjab National Bank (PNB) reported a healthy improvement in profitability during the third quarter of FY26, supported by steady growth in interest income, higher operating profit, and a continued decline in stressed assets. According to a regulatory filing, PNB’s consolidated net profit rose 11.6% year-on-year to ₹5,189.79 crore in Q3FY26, compared to ₹4,648.60 crore in the corresponding quarter last year. On a sequential basis, profit increased 7.04% from ₹4,848.64 crore in Q2FY26. Interest income and operating profit trend higher PNB’s interest income grew 3.12% year-on-year to ₹32,889.23 crore in Q3FY26 from ₹31,894.80 crore in Q3FY25. Sequentially, interest income edged…
Upskilling-focused edtech platform Simplilearn witnessed a contraction in its top line during the fiscal year ended March 2025, as a sharp decline in its self-learning business weighed on overall revenue. However, aggressive cost rationalisation helped the company significantly reduce its losses during the year. According to its consolidated financial statements sourced from the Registrar of Companies (RoC), Simplilearn’s operating revenue fell 26% year-on-year to Rs 556 crore in FY25 from Rs 750 crore in FY24. Self-learning revenue collapses, live programs drive growth Founded as a digital upskilling platform offering courses in cybersecurity, cloud computing, data science, digital marketing and project…
Indian IT services major Tech Mahindra has been featured in a global list of organisations leading the adoption of artificial intelligence (AI) in real-world applications, alongside companies such as AMD, Siemens and PepsiCo. The list is part of a report on MINDS (Meaningful, Intelligent, Novel, Deployable Solutions) organisations, produced by the World Economic Forum (WEF) in collaboration with Accenture. The report identifies 20 organisations that have successfully moved beyond AI experimentation to deliver measurable impact at scale. According to the WEF, the study analysed hundreds of AI use cases across more than 30 countries and over 20 industries, including healthcare,…
Safe-haven demand, supply tightness and global uncertainty drive sharp rally; experts advise buying on dips for long term Silver prices surged sharply on Monday, hitting a fresh lifetime high of ₹3 lakh per kilogram on the Multi Commodity Exchange of India (MCX), as strong global cues and safe haven demand continued to fuel the rally in precious metals. On the MCX, silver gained over 5% in intraday trade, taking its cumulative rise to nearly 28% in calendar year 2026 (CY26) so far. The metal had already delivered a stellar 216.7% return in CY25, emerging as one of the best-performing asset…