Info Edge (India), the parent company of Naukri and 99acres, reported a 12% year-on-year increase in standalone revenue to Rs 747 crore for the third quarter of FY26, according to a regulatory filing with the National Stock Exchange (NSE). The company had posted Rs 668 crore in revenue during the same quarter last year. For the first nine months of FY26, standalone revenue stood at Rs 2,120 crore, compared with Rs 1,897 crore in the corresponding period of the previous financial year, reflecting steady growth across its core digital platforms. The Recruitment Solutions segment, led by flagship job portal Naukri,…
Author: Adarsh Kumar
IPO-bound digital healthcare platform Practo has expanded its global footprint with the launch of its care navigation platform in the US, following an early rollout in the UAE earlier this year. The company said the US market has quickly emerged as a key growth driver, helping Practo achieve an annualised gross merchandise value (GMV) run rate of $75 million. According to the company, Practo has onboarded more than 200,000 doctors across multiple specialties in the US and now serves over one million users on the platform. Since launch, traffic from the region has increased nearly six-fold, with monthly active users…
Climate-focused deeptech startup Ecozen is set to raise Rs 95 crore (around $10.7 million) in debt funding from Momentum Capedge Limited, marking its third debt raise in the last 12 months as it scales operations amid strong financial performance. According to regulatory filings with the Registrar of Companies (RoC), Ecozen’s board has approved the issuance of 950 Series E non-convertible debentures (NCDs) at a face value of Rs 10 lakh each. The proposed fundraising includes a green shoe option of up to Rs 25 crore, taking the potential total beyond the base amount. The debentures carry an interest rate of…
Indore-based agri technology and export-focused firm Auri Grow India Ltd has launched an AI-powered carbon credit platform, CarbonKrishi, targeting large-scale farmer onboarding and participation in global carbon markets. The company said the platform aims to onboard around 1 lakh farmers, with the potential to generate Rs 16–50 crore worth of carbon credits annually, depending on verification outcomes and prevailing international carbon prices. CarbonKrishi uses a technology-driven approach that combines AI analytics, satellite imagery, crop and soil data, and structured digital reporting systems to estimate farm-level carbon impact. The platform is designed to quantify emission reductions achieved through sustainable and climate-positive…
Udaipur-based dermaceutical skincare brand SkinInspired has raised $2.9 million (around Rs 24 crore) in a Series A funding round led by Spring Marketing Capital, as it looks to scale product innovation and deepen its presence in India’s fast-growing clinical skincare market. The round also saw participation from Lotus Herbals’ Beauty Innovation Fund and Arihant Patni of Patni Financial Advisors. Existing backer Unilever Ventures returned to invest in the company, reaffirming confidence in SkinInspired’s science-led approach and early traction. The latest funding comes less than a year after the company raised Rs 12.25 crore (approximately $1.5 million) in a seed round…
Amazon Pay has rolled out a fixed deposit (FD) offering across India, marking a strategic expansion of its fintech portfolio beyond payments and commerce-linked services. The new feature allows users to open fixed deposits starting from Rs 1,000 directly via the Amazon Pay interface, without the need to open a separate savings account with partner institutions. To power the offering, Amazon Pay has partnered with two non-banking financial companies (NBFCs) Shriram Finance and Bajaj Finance along with five banks, including Shivalik Small Finance Bank, Suryoday Small Finance Bank, South Indian Bank, Slice, and Utkarsh Small Finance Bank. These institutions are…
India’s economy is expected to grow 7.4% or higher in FY26, according to economists, as the National Statistical Office (NSO) prepares to release the first advance estimates of gross domestic product (GDP) for the ongoing financial year on Wednesday. The upcoming release will be significant as it marks the final GDP estimates based on the 2011-12 base year, ahead of the government’s planned transition to a new national accounts series with a 2022-23 base, scheduled to be rolled out next month. The rebasing exercise is aimed at better capturing structural shifts in the economy, including changes in consumption patterns, technology…
Homegrown beer startup Proost delivered a strong performance in FY25, crossing the Rs 100 crore revenue milestone while also achieving EBITDA breakeven, marking a key inflection point in its growth journey. According to a company release, Proost’s revenue from operations jumped 174% year-on-year to Rs 115 crore in FY25, up from Rs 42 crore in FY24. The sharp increase was driven primarily by a significant expansion in sales volumes during the year. Proost said its sales volume rose from 2.5 lakh cases in FY24 to 8 lakh cases in FY25, reflecting deeper market penetration and improved distribution across key regions.…
Venezuela will need to invest around $183 billion over the next 15 years till 2040 to raise its crude oil production to 3 million barrels per day (mbpd), according to energy research firm Rystad Energy The South American nation currently produces about 1.1 mbpd, far below its peak levels of the late 1990s. Rystad Energy estimates that nearly $53 billion in upstream and infrastructure investment will be required just to maintain production at current levels through 2040. Without sustained capital inflows, Venezuela’s output risks further stagnation amid ageing fields, decaying infrastructure and years of underinvestment. The report notes that with…
Gurugram-based beauty and personal care brand BellaVita has reported a strong financial turnaround in FY25, posting a net profit of ₹25 crore after recording losses in the previous fiscal. The profitability milestone was driven by sharp revenue growth and improved cost efficiency. According to financial statements filed with the Registrar of Companies (RoC), BellaVita’s operating revenue jumped 2.5x to ₹456 crore in FY25, compared with ₹184 crore in FY24. The company primarily earns revenue from the sale of fragrances, skincare and personal care products across online marketplaces and its own direct-to-consumer channels, which remained its sole revenue stream during the…