Inc42

Coworking space provider @myawfis reported a significant 107% year-on-year jump in net profit for Q4 FY26, reaching ₹23.2 Cr compared to ₹11.2 Cr. Sequentially, PAT grew 7% from ₹21.6 Cr. For the full financial year, the company posted a net profit of ₹70.8 Cr, up from ₹67.9 Cr in FY25.👇 Operating revenue for the quarter rose 21% YoY and 7% QoQ to ₹410.1 Cr, while the full-year top line surged 24% to ₹1,493.4 Cr. Including other income of ₹19 Cr, total quarterly income stood at ₹429.1 Cr. Meanwhile, total expenses for the period increased 17% YoY to ₹405.6 Cr. The majority of its operating revenue was generated through coworking office space rentals and allied services, contributing ₹341.5 Cr during the quarter. 🔗 Read the full article here: 4-2.co/43yCMXP #Inc42 #news #Coworking #Q4Results #Profitloss

“The biggest lie in the water purifier industry is that every filter should be replaced on a fixed schedule.” @DrinkPrime’s Founder and CMO, Manas Ranjan Hota (@manasishere), reveals what most brands ignore: fixed servicing schedules are inefficient. Whether you live alone or in a family of eight, your water usage and quality are unique. By leveraging IoT, DrinkPrime monitors three critical metrics in real-time: 𝐓𝐢𝐦𝐞: How many months have passed. 𝐕𝐨𝐥𝐮𝐦𝐞: How much water was actually consumed. 𝐐𝐮𝐚𝐥𝐢𝐭𝐲: The hardness and degradation of the filters. Their subscription model ensures interests are aligned—if the water isn't perfect, customers unsubscribe. It’s a business built on transparency and guaranteed health. 📹 Watch the full video to get deeper insights! #Inc42 #reel #video #IoT #CleanWater #DrinkPrime

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Announcing the agenda and speakers for Inc42 AI Summit 2026 🚀 Join India’s largest invite-only AI Summit as founders, CTOs and enterprise leaders decode how businesses are building defensible AI moats across fintech, enterprise AI, payments, risk, customer experience and more. Sessions include: • 𝐇𝐨𝐰 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐀𝐈 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐀𝐫𝐞 𝐖𝐢𝐧𝐧𝐢𝐧𝐠 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐀𝐧𝐝 𝐑𝐞𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐈𝐧 𝐈𝐧𝐝𝐢𝐚 • 𝐈𝐧𝐬𝐢𝐝𝐞 𝐑𝐚𝐩𝐢𝐝𝐨’𝐬 𝐀𝐈 𝐏𝐥𝐚𝐲𝐛𝐨𝐨𝐤 𝐅𝐨𝐫 𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐀𝐜𝐫𝐨𝐬𝐬 𝐁𝐡𝐚𝐫𝐚𝐭 • ⁠𝐇𝐨𝐰 𝐏𝐡𝐨𝐧𝐞𝐏𝐞 𝐈𝐬 𝐑𝐞𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐓𝐡𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐒𝐮𝐩𝐞𝐫𝐚𝐩𝐩 𝐀𝐫𝐨𝐮𝐧𝐝 𝐈𝐧𝐭𝐞𝐧𝐭, 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧, 𝐀𝐧𝐝 𝐓𝐫𝐮𝐬𝐭 • 𝐓𝐡𝐞 𝐏𝐥𝐚𝐲𝐛𝐨𝐨𝐤 𝐅𝐨𝐫 𝐓𝐮𝐫𝐧𝐢𝐧𝐠 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐈𝐧𝐭𝐨 𝐒𝐢𝐠𝐧𝐞𝐝 𝐀𝐈 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐬 Featuring speakers like Saurabh Gupta (@imsaurabhgupt), Founder & CEO, Intellemo, @ParasMadan9, Founder, @varnan_labs, @MeetArpitM, Founder & CEO, SpeakX.ai, Ranjith Boyanapalli(@ranjithboyan), Founder, @AskFlashAI, Rishikesh SR (@regards_rishi), Cofounder, @rapidobikeapp, Ankur Pahwa (@PahwaOfSarcasm), Managing Partner, @PeerCapital_VC, @rahulchari9, Cofounder & CTO, @PhonePe, @SabharwalAnkush, Founder & CEO, @CoRover_App, Ganesh Gopalan (@ganeshgo), Cofounder & CEO, @GnaniAi, @ahmed_mazhari, CEO & Founder, kAIgentic, Dushyant Garg, Lead, Strategy & Enterprise Growth, Nugget (By Zomato),Sameer Dhanrajani (@DhanrajaniS), CEO, 3AI & @aiqrate 🗓 28 May 2026 📍 Sheraton Grand, Whitefield, Bengaluru Presenting Partner: @IDFCFIRSTBank 𝐂𝐨-𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐢𝐧𝐠 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬: @SkyflowAPI & @lotiapp 𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐁𝐲: @IntellemoAds, @avalara, @Vobiz_Ai, @kAIgentic, @stockgro, @rubrikInc 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐞 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬: @peakxvpartners, @CapitalRukam, @Mobavenue_, @cloud_keeper, @SuperleapAI, @RocketlaneHQ, DialNexa, @gupshup, @intugle, @AI_NURIX, @acecloudai, @WeWorkIndia, @SCS_SAPB1, @BriteSystems Secure your spot from here: events.inc42.com/ai-summit/?utm… #Inc42 #events #AI #Bengaluru #AISummit2026 #Speakers #Agenda

Specialty coffee chain @abcoffeeindia has secured ₹61 Cr (approximately $6.4 Mn) in its Pre-Series B funding round. The investment was led by Kliff Ventures, with participation from Hero Enterprise Partner Ventures, Merisis Venture Fund, and Stride Ventures.👇 With this latest infusion, the startup’s total funding has surpassed $11 Mn, following its previous $3.4 Mn Series A round led by Nexus Venture Partners. The fresh capital will enable the Mumbai-based chain to accelerate its expansion across existing and new markets in Mumbai, Delhi NCR, and Bengaluru. Founded in 2022 by Abhijeet Anand (@abhijeetana), abCoffee operates as a tech-enabled grab-and-go chain. The brand focuses on making premium Indian coffee affordable and accessible, utilizing a compact store model to serve high-density office and residential hubs. 🔗 Read the full article here: 4-2.co/4uxUgjb #Inc42 #news #CoffeeChain #Startups #Startupfundings

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India’s AI race is no longer just about hype or funding rounds 👀 Google is building a $15 Bn AI Hub in Visakhapatnam. Maharashtra has rolled out its AI Policy 2026. Sarvam is partnering with Pixxel for India’s first orbital data centre. And AI startups are now working with the defence ministry on indigenous AI systems 🚀 But beneath the momentum lies a bigger question: Who will actually build sustainable AI businesses in India? As compute costs rise and several AI startups quietly shut down, the battle is no longer just about building AI models - it’s about building durable businesses on top of them. Against this backdrop, we are back with the eighth edition of Inc42’s “AI Startups To Watch”, powered by @peakxvpartners. The next phase of India’s AI story will belong to startups solving real business problems - not just chasing AI hype. Join us at Inc42 AI Summit 2026 - India's largest invite only AI Summit, Bengaluru, to decode how businesses are building defensible AI moats Presenting Partner: @IDFCFIRSTBank 𝐂𝐨-𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐢𝐧𝐠 𝐏𝐚𝐫𝐭𝐧𝐞𝐫- @SkyflowAPI & @lotiapp 𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐁𝐲- @IntellemoAds, @avalara, @Vobiz_Ai , @kAIgentic, @stockgro, @rubrikInc 🗓 28 May 2026 ⁣ 📍The Sheraton Grand, Whitefield, Bengaluru⁣ Secure your spot from here: events.inc42.com/ai-summit/?utm… @Satark_AI #AI #DeepTech #GenAI #trending #AISummit2026

India’s cookware market is projected to reach $2.85 Bn by 2031. @_TheIndusValley's founder Jagadeesh Kumar says, "Health is the primary trigger... people relate to the materials and cooking practices of earlier generations." Read more inc42.com/features/jagad…

D2C jewellery brand GIVA has announced Bollywood actor and Hyphen cofounder @kritisanon as its newest brand ambassador and investor. While the specific investment amount remains undisclosed, Sanon is set to play a multi-faceted role beyond her financial contribution, actively participating in brand-building, collection design, and consumer engagement initiatives.👇 The startup, established in 2019 by Ishendra Agarwal, Nikita Prasad, and Sachin Shetty, initially focused on authentic 925 fine silver jewellery. Since its inception, the brand has significantly diversified its portfolio to include 14K and 18K gold, along with lab-grown diamond jewellery. In addition to its core jewellery lines, GIVA has expanded into lifestyle accessories, offering watch charms, perfumes, and personalized jewellery. This strategic partnership with Sanon is expected to further strengthen the brand's presence in the competitive D2C fashion and fine jewellery market. 🔗 Read the full article here: 4-2.co/4nIAOxm #Inc42 #news #KritiSanon #D2C #Jewellery

Biotech startup StrainX Bioworks (@StrainXBio) has emerged from stealth mode, securing $13 Mn (approximately ₹124 Cr) in a funding round. The investment was led by Prime Venture Partners and Leo Capital, with participation from Good Startup, Sparrow Capital, Sun Icon Ventures, Dholakia Ventures, and WindT Angels.👇 The company intends to deploy the fresh capital to increase capacity at its Bhopal bio-manufacturing fermentation facility and launch commercial-scale production. Additionally, funds will be used to strengthen its Bengaluru R&D lab by recruiting more scientists and enhancing its overall technical capabilities. Founded in 2023 by IIT Delhi alumni Akshay Mittal and Alok Malaviya, StrainX specializes in manufacturing alternative proteins. By leveraging its fermentation technology, the startup aims to scale high-quality biotech solutions for the global food and health sectors. 🔗 Read the full article here: 4-2.co/4dvd50q #Inc42 #news #Startups #Startupfundings #Biotech

🚨Inc42 Exclusive🚨 At-home salon startup @_yesmadam has secured ₹50 Cr (approximately $5.2 Mn) in its first institutional funding round, led by the Info Edge Growth Fund.👇 The company plans to utilize this capital to drive its next expansion phase, focusing on entering new Indian cities. Additionally, the funds will be used to upgrade its technology stack, strengthen its partner network, and improve the overall customer experience. Established in 2016 by @iammayankarya, Aditya Arya (@AdityaA62250289), and Akanksha Vishnoi (@akanksha25_07), Yes Madam offers mobile salon and spa services for men and women, specializing in waxing and facials. The startup gained further public recognition after appearing on the television show Shark Tank India in 2024. 🔗 Read the full article here: 4-2.co/4uZUBLk #Inc42 #news #Startups #Startupfundings #Homesalon

The Indian new-age tech sector witnessed a tug-of-war this week as Q4 earnings results and geopolitical shifts kept investors on their toes. While 31 stocks rallied—led by a massive surge in Kissht—26 others faced the heat of underwhelming financials and regulatory hurdles. 👇 🔷 Top Gainers & Record Highs: Kissht stole the spotlight with a 17.76% weekly jump, hitting a high of ₹259.5. Joining the "fresh high" club were Honasa Consumer, Shadowfax, and SEDEMAC, signaling strong investor confidence in specific market leaders. 🔷 Honasa’s Profit Explosion: Mamaearth parent Honasa Consumer saw its Q4 net profit skyrocket by 178% YoY to ₹69.4 Cr. With EBITDA tripling and emerging brands growing over 40%, the board cheered investors with a dividend of ₹3 per share. 🔷 Swiggy’s Strategic Roadblock: Shares of Swiggy touched a fresh low of ₹247.30. The foodtech giant faced a setback as shareholders rejected a proposal to transition to an Indian-owned and controlled company (IOCC), a move intended to pivot its Instamart business to an inventory-led model. 🔷 Big Ticket Exits & Entry: The secondary market was buzzing with block deals. SAIF Partners offloaded ₹630 Cr worth of Paytm shares, while Madison India Capital sold a ₹356.86 Cr stake in Pine Labs, with major mutual funds like HSBC and ICICI Prudential picking up the slack. 🔷 Regulatory & Leadership Shuffles: It was a turbulent week for fintech; MobiKwik faced FIRs in Bengaluru over its P2P platform, and Fino Payments Bank saw the exit of long-time CEO Rishi Gupta. Meanwhile, Fractal and PB Fintech doubled down on growth with fresh capital infusions into their subsidiaries. 🔷 Macro Outlook: Despite FII selling, the broader markets remained resilient with Nifty 50 gaining 0.3%. While core industries grew, manufacturing activity showed signs of softening (PMI at 54.3), leaving investors eyeing the upcoming IIP data for direction. 📊 Stay ahead of the curve with the latest on financial disclosures, boardroom shifts, and stock movements in the Indian tech ecosystem. #Inc42 #Startups #StockMarket #TechStocks #Swiggy #Honasa #Mamaearth #Paytm #Fintech #Investing #Q4Results