Explore the latest news, in-depth reports, and executive analysis tagged with #Phonepe.
The company's net loss narrowed 67.1% to Rs 25.83 crore in Q2 FY27 from Rs 78.45 crore in Q2 FY26.
Separately, the company has entered into agreements with seven technology companies for the purchase of $26 billion worth of Class N common stock through a private placement.
A BharatPe spokesperson said Unity's board must comply with the court’s directions and exercise independent judgment in the interests of all stakeholders, including minority shareholders.
Total expenses rose 9% to Rs 419 crore during the quarter from Rs 384.5 crore in the year-ago period.
The funding round saw participation from its existing backers Pentathlon Ventures and AVNM Ventures.
The company's net profit increased 42.3% to Rs 129.48 crore in Q2 FY27 from Rs 90.98 crore in the corresponding quarter last fiscal.
The funding round is a combination of primary capital and secondary share transactions.
The Bengaluru-based SaaS company's net profit jumped to Rs 21.92 crore in Q2 FY27 from Rs 0.29 crore in the year-ago quarter.
The round also saw participation from existing investors, including Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC.
The approval follows Navi’s announcement in August 2026 that it had raised $100 million from Prosus in its first institutional funding round.
The Gurugram-based company's net profit increased 43% to Rs 193 crore in Q2 FY27 from Rs 135 crore in Q2 FY26.
The company’s total expenditure increased 16% to Rs 770 crore during the quarter from Rs 662 crore in the year-ago period.
Coratia previously raised Rs 17 crore in a Pre-Series A funding round in 2025 from MGF Kavachh, Piper and SIDBI.
Total expenses of the company increased 35% to Rs 586 crore during the quarter from Rs 434 crore in the year-ago period.
In a separate filing, Ola Electric said Motilal Oswal Financial Services and Calliope Capital Advisors had applied for a combined 2.39 crore shares under the rights issue.
The round also saw participation from Equirus InnovateX Fund and angel investors.
Paytm also said that there will be a "potential upside" of merchant discount rate (MDR), which is expected to be implemented after Diwali.
The company reported revenue of $16.3 billion in the first half of 2026, compared with $1.2 billion in the corresponding period last year.
The round also saw participation from WYSER, CDM Capital and Seedstars.
The round also saw participation from Premji Invest and existing investors Peak XV Partners, GV and Y Combinator.
