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Tracxn Posts Rs 3.01 Cr Q1 Loss As Revenue Stays Flat
Revenue slipped 0.6% to Rs 21.08 Cr in Q1 FY27 while costs rose 18.4%. Payroll alone, at Rs 21.98 Cr, now exceeds what the business earns.
2 min read
Piper Serica Announces Rs 300 Cr First Close For Fund II
Bharat Tech Fund has Rs 300 Cr committed against a Rs 800 Cr target, 45 days after launch. It can start investing, but the raise is not finished.
7 Aug 2026 · via EntrackrShiprocket IPO Splits Cap Table: 78X For Early Backers
At Rs 97 a share, the same exit pays 500 Global 77.6X and leaves Lightrock, AFOS and Moore Strategic Partners below cost. Entry year decided it.
7 Aug 2026 · via Inc42Ixigo Falls 13% After Strong Q1, JM Financial Cuts Target
Record revenue and an 81% profit jump did not hold the stock up. Ixigo fell as much as 13.6% and JM Financial cut its target price to Rs 200.
7 Aug 2026 · via EntrackrBlackSoil funds Rs 80 Cr debt for Mintoak buyout
Mintoak bought ICC Loyalty with borrowed money, not equity. BlackSoil put up Rs 80 crore, and the reason it could is written into Mintoak's margin.
7 Aug 2026 · via EntrackrPayGlocal lines up funding at $120 Mn valuation
PayGlocal's board has approved a Rs 36.38 crore raise from existing backer BEENEXT at a Rs 1,140 crore post-money valuation. The round is set up, not confirmed closed.
7 Aug 2026 · via Inc42RBI bars lenders from locking borrower devices
The Reserve Bank of India has barred regulated entities from disabling a borrower's phone, tablet or laptop to recover a loan. One narrow exception survives, and the rules start in 2027.
7 Aug 2026 · via Entrackrsuper.money launches splitStore instalment marketplace
super.money has opened an in-app marketplace where users buy in instalments with no credit card, no processing fee and no interest. The catalogue runs to more than 60 lakh products.
7 Aug 2026 · via EntrackrNazara approves Rs 733.5 Cr issue, CEO to get 4.67%
Nazara's board has approved a preferential share issue worth up to Rs 733.5 crore at Rs 306 apiece, with incoming chief executive Raymond Albaladejo Stauffer taking a 4.67 percent stake.
7 Aug 2026 · via Inc42Klassroom lists at 6.92% premium, closes up 5%
Fusion Klassroom Edutech opened at Rs 170 on the BSE SME platform, a 6.92 percent premium to its issue price, and closed its first session at Rs 166.75.
7 Aug 2026 · via EntrackrOla Electric revenue falls 45% as loss narrows 21%
Ola Electric's Q1 FY27 revenue fell 45 percent while its net loss narrowed 21.1 percent. Both moved down for the same reason: the cost base was cut harder in rupee terms than the topline fell.
7 Aug 2026 · via EntrackrBlissClub raises Rs 160 crore to scale offline retail
BlissClub has raised Rs 160 crore in a Series B led by Singularity AMC, with the money earmarked for new categories and a bigger store network. FY25 revenue grew 51 percent to Rs 131.5 crore while losses more than halved.
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