A year of ChatGPT Go: 100 million users, but can OpenAI make money in India?
A year after launching ChatGPT Go in India, Sam Altman-led OpenAI has gone far beyond selling a cheaper subscription, building partnerships and local talent...
Explore the latest news, in-depth reports, and executive analysis tagged with #Revenue.
A year after launching ChatGPT Go in India, Sam Altman-led OpenAI has gone far beyond selling a cheaper subscription, building partnerships and local talent...
PB Fintech stated that the advisory does not have any material financial impact on the company.
The company’s net profit increased 8.6 times to Rs 33.9 crore in Q1 FY27 from Rs 3.9 crore a year earlier.
The funding round also saw participation from DeVC, Antler India, Panthera Peak, and a group of angel investors.
Insurance premium generated through the platform grew 41% year-on-year to Rs 8,372 crore, driven by strong growth in health and protection insurance segments.
The shares were acquired by a mix of domestic mutual funds, insurance firms and global institutional investors.
The stake sale attracted participation from several domestic and international institutional investors, with Axis Mutual Fund and Fidelity among the key buyers.
The round also witnessed participation from existing investors Chiratae Ventures, Varanium Fintech Fund, and VCMint.
The Bengaluru-based SaaS firm posted a net loss of Rs 9.6 crore during the quarter, compared to a net profit of Rs 0.7 crore in Q1 FY26.
The education-focused NBFC's net profit increased 31% to Rs 154.3 crore in Q1 FY27 from Rs 118 crore a year earlier.
The fintech company posted a net profit of Rs 7.6 crore in Q1 FY27, compared to a net loss of Rs 41.9 crore in the corresponding quarter last year.
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The SoftBank-backed company's net profit, however, rose 21% increase to Rs 724 crore in FY26 from Rs 597 crore in FY25.
The company recorded a 61% year-on-year increase in assets under management (AUM) to Rs 8,001 crore in Q1 FY27.
The round also saw participation from Pentathlon Ventures, Silicon Road Ventures, and existing investor Titan Capital.
It processed nearly $50 billion in annual gross transaction value (GTV) and crossed 3 lakh merchant customers.
The fintech firm recorded a net profit of Rs 19.57 crore in Q1 FY27, up more than fourfold from Rs 4.79 crore in the corresponding quarter last year.
Aurionpro’s banking and fintech segment generated Rs 201 crore in revenue during the quarter, marking a 4.7% growth.