Groww sets IPO price band at Rs 95-100, targets Rs 61,700 Cr valuation
Billionbrains Garage Ventures Ltd., the parent of online investment platform Groww, has set a price band of Rs 95 to Rs 100 a share for its initial public offering, seeking a valuation of about Rs 61,736 crore.
General Atlantic doubles PhonePe stake with $600M secondary deal
Since early 2023, General Atlantic has steadily expanded its stake in PhonePe through a series of investments that reflect deepening conviction in the fintech’s prospects.
10 Essential Features Every Successful Mobile App Should Have
In today’s digital world, mobile apps are critical for businesses trying to engage customers and improve their services. However, not all apps attain the expected level of success. To stand out in a crowded market, your mobile app must include several crucial characteristics. Here are eleven fundamental elements that any successful mobile app should have. […]
PointAI raises Rs 47 Cr in pre-Series A led by Yali Capital
The funding will be used to accelerate product innovation, strengthen its AI capabilities, and expand the company’s market footprint across India and international markets.
Shiprocket improves profitability in FY25 with Rs 1,632 Cr revenue
Shiprocket’s core business—which includes its domestic shipping platform and value-added technology solutions for merchants—grew over 20% year-on-year to Rs 1,306 crore.
Week after Amazon outage, Microsoft users face massive cloud service disruptions
The bug began affecting systems at 1600 GMT and impacted Azure Front Door, Microsoft’s content delivery network service, which enterprises use to enhance their application performance
Google parent Alphabet clocks $100B in quarterly revenue for the first time on AI momentum
Alphabet increased its full-year capex outlook to $91 billion–93 billion, joining its peers who are ramping up data centre investments amid surging AI demand.
Surging AI demand boosts Meta’s revenue, but hefty one-time tax dents profit
Meta reported robust third-quarter revenue driven by ad demand, but a $15.9 billion one-time tax charge weighed on its profit. Revenue climbed 26% to $51.2 billion, while net profit dipped 83% to $2.7 billion.
One year after IPO, Unicommerce doubles down on profitability and global scale
In an interaction with YourStory, Kapil Makhija, MD and CEO of Unicommerce, says the Shipway acquisition has deepened its logistics capabilities and fast-tracked growth.
Inside India’s emerging electric tractor market
Indian farmers are eyeing electric tractors and turning to these vehicles to cut down on operational costs, and companies like AdvantEdge-backed Moonrider are rushing to capitalise on this demand.
Lenskart building a global eyewear brand; Inside Karan Johar’s dating startup
Lastly, now that you know YourStory is back with its flagship event TechSparks, aren’t you curious about the speakers for this edition? We won’t keep that a secret from our dear readers!
How Lenskart’s Drishti Didis Are Bringing Vision to Rural India
Lenskart, one of India’s most iconic startup success stories, isn’t just a tale of profit and expansion—it’s a purpose-driven revolution.
Why Enterprises Are Choosing Cloud Storage for Data Security
Digital transformation is reshaping every part of businesses, and they are now generating and managing more data than ever before. From customer data and financial reports to intellectual property, both the amount and sensitivity of enterprise data are increasing exponentially, along with cyber attacks, ransomware attacks, and insider attacks. To protect this critically sensitive information […]
How AI and LLMs Are Changing the Way We Backtest Trading Strategies
Understanding the Shift in Modern Trading The world of trading is changing fast. The dependency on intuition and manual work is now being replaced with data, logic, and advanced technology. Among the most exciting developments is the use of large language models, often called LLMs, to enhance how traders build, test, and refine their strategies. […]