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Economic Times
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Ather Energy betters Q4 results where Ola Electric falters
- Ola Electric reported a significant decline in revenue and doubled losses for the quarter ended March, while Ather Energy showed improvement in financials with increased operating revenue and narrowed losses.
- Ola Electric attributed its financial issues to a registration process problem, which has been resolved in the current quarter.
- Ather Energy reported a 29% increase in operating revenue and a 17% reduction in losses for the same period.
- While Ola Electric led in units sold for Q4, Ather Energy is focusing on developing its own line of electric motorcycles funded by a portion of its IPO proceeds.
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Inc42
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Inside The Microdrama Boom Fueling India’s Next OTT Wave
- Microdramas are revolutionizing the entertainment industry in India by offering bite-sized, addictive serialized storytelling in just 60 seconds, capturing viewers with compelling cliffhangers and catering to shrinking attention spans due to digital overload.
- Indian startups like Reelies, Kuku, and ReelSaga are tapping into the growing market of microdramas, reshaping traditional soap opera formats into short, engaging content tailored for mobile screens and a tech-savvy demographic.
- The global market for microdramas, worth $2 billion annually, is expected to double by 2025, with India playing a significant role due to its burgeoning OTT sector and large smartphone user base.
- Indian audiences, particularly Gen Z and young millennials, are drawn to microdramas for their convenience, short duration, and emotional hooks, leading to increased competition and investments in this space.
- Microdrama startups like ReelSaga and Reelies are leveraging low production costs, AI tools, and innovative monetization strategies like ads, subscriptions, and micro-transactions to drive engagement and profitability.
- Major players in the OTT industry like Netflix, Jio Cinemas, and Amazon's MX Player are also exploring microdrama content to cater to changing viewer preferences and capitalize on the trend of vertical storytelling.
- With a strong emphasis on unit economics and audience engagement, microdramas are poised to become a dominant force in the digital content landscape, attracting both viewers and investors with their dynamic and immersive narratives.
- As the market for microdramas expands globally, fueling a new wave of digital content monetization, India stands out as a fertile ground for innovative startups offering compelling and snackable vertical video experiences.
- With evolving consumption patterns, a growing appetite for paid digital content, and a culture of dramatic storytelling, India is at the forefront of the microdrama boom, paving the way for a future where short-form storytelling rules the entertainment industry.
- Vertical storytelling, characterized by 60-second soap operas, has disrupted the entertainment landscape, presenting an exciting yet competitive domain for startups and established players to engage audiences and drive the next phase of digital content evolution.
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TechCrunch
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Grocery platform Misfits Market acquires The Rounds to further its mission of reducing food waste
- Misfits Market, known for delivering imperfect groceries to reduce waste, has acquired The Rounds, a household restocking service.
- Through the acquisition, Misfits Market will expand its offerings to include over 250 items from The Rounds' inventory, such as household and cleaning products.
- As part of the transition, The Rounds customers will receive a $30 credit and a complimentary one-year subscription to Misfits Market's new Misfits+ membership.
- Misfits Market plans to continue pursuing mergers and acquisitions to strengthen its position in the industry amid growing consumer awareness of food waste and sustainability.
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Inc42
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227
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OYO To Rename Parent Entity, Seeks Suggestions From Public
- OYO founder Ritesh Agarwal seeks suggestions for renaming its parent entity, Oravel Stays Limited, for its upcoming IPO.
- Agarwal is looking for a one-word, globally relevant, and technology-oriented name with an available .com domain.
- OYO is aiming to file its IPO papers between August and September this year and is targeting a listing in the March quarter of FY26 after feedback from SoftBank.
- The company's net profit more than doubled year-on-year in FY25, with a 172% increase to INR 623 Cr, while the top line grew 20% to INR 6,463 Cr.
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Inc42
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368
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Nykaa Q4: Profit More Than Doubles YoY To INR 19.1 Cr
- Nykaa's consolidated net profit for Q4 FY25 surged 110% YoY to INR 19.1 Cr, but decreased 28% on a QoQ basis.
- Operating revenue increased by 24% YoY to INR 2,061.8 Cr in Q4 FY25 but declined by 10% sequentially.
- Nykaa's EBITDA grew by 43% YoY to INR 133 Cr, with EBITDA margin expanding to 6.5% in Q4 FY25.
- Nykaa's beauty vertical remained a major growth driver with revenue growing 25% YoY to INR 1,849.8 Cr in Q4 FY25.
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SiliconCanals
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Ireland’s Outmin secures €4M to expand its AI finance platform; appoints new Chairman
- Outmin, a Dublin-based startup focusing on transforming how small and medium-sized businesses manage finances, raised €4M in a funding round led by Praetura Ventures.
- The funding will aid the development of Outmin's AI-powered financial platform and support expansion into the UK and Ireland markets.
- Feargal O’Rourke, former Managing Partner of PwC Ireland, has been appointed as the new Chairman of Outmin.
- Outmin's AI-powered accounting and bookkeeping platform aims to revolutionize financial operations for SMEs, reducing costs and saving time.
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Inc42
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380
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Exclusive: Mobility Startup Chalo Raises INR 53 Cr From Cofounders, Others
- Mobility startup Chalo, backed by Lightrock, raises INR 52.5 Cr in funding round from existing investor Filter Capital and cofounders among others.
- Funding includes a mix of equity and debt, with INR 32.5 Cr raised through convertible redeemable preference shares and INR 20 Cr from debt funding.
- Chalo plans to utilize the funding for general corporate purposes, as per regulatory filings.
- Chalo, a full-stack bus transport technology startup, provides services like live bus tracking, digital tickets, fleet management, and contactless payment solutions.
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Economic Times
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Nykaa Q4 profit doubles to Rs 19 crore; revenue up 24%
- Nykaa's parent company, FSN Ecommerce Ventures, reported a doubling of profit in the fourth quarter of March 2025, with a net profit of Rs 19 crore compared to Rs 9 crore in the previous year.
- Operating revenue for the quarter increased by 23.6% year-on-year to Rs 2,061.7 crore from Rs 1,668 crore in the same quarter last year.
- Earnings before interest, taxation, depreciation, and amortisation (Ebitda) for the fourth quarter grew by 43% to Rs 133 crore, up from Rs 93 crore in the previous fiscal year.
- Nykaa's CEO, Falguni Nayar, mentioned a strong growth in the beauty business by 25% year-on-year, while the fashion segment saw a more moderate increase of 18% during a post-earnings call.
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Startup Pedia
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Apple to open 3rd India retail store at Bengaluru ahead of iPhone 17 launch amid US trade tensions
- Apple is set to open a new retail store in Bengaluru ahead of the iPhone 17 launch.
- The new store will be located in the Phoenix Mall of Asia in Bytarayanapura and will be smaller than the flagship store in Mumbai, spanning 8,000 square feet.
- India has become Apple's fourth-largest market globally, with strong sales of iPhones, leading to the company's decision to expand its retail presence in the country.
- Despite US trade tensions, Apple has confirmed its investment plans in India, with a focus on continuing retail expansion and operations in the country.
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Inc42
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0
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Centre Likely To Release Crypto Regulation Paper In June: Report
- The Indian government is expected to release a detailed discussion paper on crypto assets policy framework options in June.
- The paper will draw insights from a synthesis paper by the IMF and FSB, and gather feedback on practices from different jurisdictions.
- India aims to make an informed decision on crypto policies considering national interests and industry implications.
- Recent developments include India's strict regulatory stance on cryptocurrencies, evolving global crypto landscape, and the US administration's favorable approach to cryptocurrencies.
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ISN
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215
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1 Finance announces ESOP buyback program at a valuation of Rs 450 crore
- 1 Finance, a personal finance advisory startup in India, announces an ESOP buyback program at a valuation of Rs 450 crore, benefiting over 33% of its workforce.
- The program aims to provide early liquidity to employees and reward both early founding team members and later-stage key hires, aligning with the company's employee-first culture and focus on financial well-being.
- 1 Finance has expanded its regulatory footprint with licenses including a P2P NBFC license, AIF license, and ERI license, strengthening its ecosystem around the advisory-led model.
- Positioning itself as an emerging challenger in personal finance, 1 Finance emphasizes a human-centric approach over fully automated robo-advisory models and aims for inclusive value creation in the industry.
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Startup Pedia
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Indian Railways ready to create a sandbox for encouraging startups: Ashwini Vaishnaw
- Indian Railways, led by Minister Ashwini Vaishnaw, is preparing to establish a sandbox to promote start-ups.
- A sandbox provides a secure space for businesses to experiment with reduced regulatory and legal risks, allowing them to test new ideas and scale up innovations.
- The upcoming sandbox policy will enable new innovative concepts to be tested on a small scale before expanding to larger initiatives.
- Indian Railways' engagement with start-ups through initiatives like 'Startups for Railways' has shown promising results, with numerous entities and innovators collaborating to drive innovation in the sector.
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ISN
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370
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IVCA urges VC Funds to act on SEBI’s migration framework before July 19, 2025
- IVCA urges Venture Capital Funds (VCFs) to act on SEBI's migration framework introduced via circular dated August 19, 2024.
- VCFs with schemes eligible for migration to the Alternative Investment Fund (AIF) regime as Migrated Venture Capital Funds (MVCFs) have until July 19, 2025, to submit applications.
- IVCA emphasizes the importance of timely action and smooth transition for legacy VCFs under the new framework.
- The migration offers operational clarity, structure for managing assets, and tailored compliance requirements, but the response has been tepid, prompting IVCA to urge eligible VCFs to evaluate and apply before the deadline.
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Medium
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411
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VentureXpert: The AI Platform Helping Founders & Investors Validate Startup Ideas Faster Than Ever
- VentureXpert is an AI platform helping founders and investors validate startup ideas quickly and efficiently.
- The platform uses a dynamic chat interface to gather essential information from users, then leverages AI to generate investor-grade reports analyzing key dimensions investors care about.
- Each evaluation card provides region-specific insights, charts, benchmarks, and tactical advice without bias or political influence.
- VentureXpert aims to assist both investors and founders in screening more deals, making faster decisions, and gaining deeper insights into potential opportunities.
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Inc42
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407
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KiranaPro Buys Likeo To Power Virtual Trial Room Experience For Its Gen Z Fashion App Users
- KiranaPro has acquired Likeo, an AI-powered platform specializing in virtual try-on technology through an all-stock deal worth $1 million.
- The acquisition aims to integrate Likeo’s technology into KiranaPro's fashion marketplace BLACK to offer immersive trial room experiences for apparel, jewelry, and eyewear.
- Saurav Kumar, the founder of Likeo, will lead AI and visual computing at KiranaPro following the acquisition.
- This move is intended to enhance customer satisfaction, reduce return rates, and redefine the online shopping experience, particularly for Gen Z users.
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