Udaan Targets IPO By Early 2028 As Turnaround Takes Hold
Udaan expects FY26 revenue to grow 10% to 12% with losses narrowing about 20%. CEO Vaibhav Gupta targets full profitability by end-2027 and a listing by early 2028.
Business
Zetwerk Raises Fresh Issue Size To Rs 2,830 Crore Ahead Of IPO
Zetwerk has filed its RHP with a Rs 2,830 crore fresh issue, up from Rs 2,600 crore. The OFS rose 49% to 14.45 crore shares. The IPO opens on 15 October 2026.
Kuku FM Revenue Jumps Sixfold To Rs 1,484 Crore In FY26
Kuku FM’s parent Kuku Technologies posted Rs 1,484.2 crore operating revenue in FY26, up from Rs 241.5 crore, and turned profitable with a net profit of Rs 182.7 crore.
TCS Adds 4,258 Employees In Q2, Boards 10,000 Freshers
TCS added 4,258 employees on a net basis in Q2, taking its workforce to 598,056, and onboarded 10,000 freshers in the quarter.
VinFast Expands India Business With Deals For 50 E-Motorcycle Showrooms
VinFast has signed letters of intent with over 50 dealers to open e-motorcycle showrooms across 34 cities in 15 states, with charging and after-sales plans.
AI-Native Debt Startup Recur Club Announces Rs 500 Cr Fund For D2C Brands
Recur Club has announced a Rs 500 crore fund for D2C brands, expected to back 150-170 companies at an average ticket size of about Rs 3 crore this festive quarter.
Elon Musk Becomes A Trillionaire Again As SpaceX And Tesla Shares Rally
Elon Musk’s fortune rose by about USD 65 billion on Monday to USD 1.04 trillion, according to the Bloomberg Billionaires Index, as SpaceX and Tesla shares rallied.
