Urban Company Posts ₹92 Cr Loss In Q1, Revenue Up 44% YoY

Source: inc42

Urban Company Posts ₹92 Cr Loss In Q1, Revenue Up 44% YoY

Business

Urban Company reported a consolidated net loss of ₹92.1 crore in Q1 FY27, compared to a ₹6.9 crore profit in the same period last year. While operating revenue grew 43.9% to ₹528.3 crore, total expenses rose 66.5% to ₹639.9 crore. This loss is primarily attributed to aggressive investments in its InstaHelp vertical, where the company is prioritizing market leadership over immediate profitability despite improving unit economics.

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OpenAI, Anthropic, Google have been in talks on AI safety for weeks

Startups

OpenAI, Anthropic, and Google DeepMind have been collaborating for several weeks to address catastrophic AI risks, according to OpenAI's global policy chief Chris Lehane. This effort follows a call from Anthropic CEO Dario Amodei to slow frontier AI development. While industry leaders support safety standards and independent verification, some warn of potential antitrust violations. Meanwhile, President Trump has dismissed these safety concerns as a hoax.

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Wonder scores a $425 million partnership with DoorDash as it builds its food empire

Startups

"DoorDash is investing $425 million in Marc Lore's food tech company, Wonder. The deal includes a $300 million acquisition of Wonder’s Grubhub Campus Dining business and a $125 million contribution to Wonder’s Series D funding round. DoorDash aims to expand campus dining to hotels and stadiums, while Wonder focuses on building an autonomous food system. Wonder currently operates 157 locations and plans to expand into Texas by 2027.".

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Discover how to take your startup from prototype to production at TechCrunch Disrupt 2026

Startups

Learn how to scale your startup breakthrough from prototype to production at TechCrunch Disrupt 2026 with scaling leaders, Adrian Macneil (Foxglove), John Mackey (MBRYONICS), and Boris Sofman (Bedrock Robotics. Register before September 25 to save up to $200 on your pass.

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SEBI Greenlights Lending Tech Startup Fibe’s ₹750 Cr+ IPO

Business

SEBI has cleared the IPO proposal for Fibe parent Social Worth Technologies, paving the way for the lending tech startup's public listing. The IPO includes a fresh issue of shares worth up to ₹750 Cr and an offer-for-sale of over 4 Cr shares. Fibe plans to invest ₹562.6 Cr in its NBFC arm. This approval.

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AI content startup Flam raises $40M from QED Investors, Shah Rukh Khan, and others

Startups

The Bengaluru- and San Francisco-based tech startup, which delivers AI-powered interactive content, was founded by BITS Pilani alumni Shourya Agarwal, Malhar Patil and Amit Gaiki. It plans to use the funding on R&D, expanding its product portfolio, and scaling enterprise sales.

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Flam Bags $40 Mn To Offer Immersive Content To Enterprises

Business

Flam, an AI-powered content platform, has raised $40 Mn in Series B funding led by QED Investors, with participation from Shah Rukh Khan's family office and other investors. The capital will be used to ramp up R&D in AI models, expand its product suite, and accelerate enterprise sales in existing and new markets. This funding round occurs as mixed reality gains traction,.

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Kids’ Nutrition Brands Face A Familiar Struggle

Business

Indian D2C brands are transforming the kids' food market by enhancing familiar foods with better nutrition to appeal to both children and health-conscious parents. While many urban parents are willing to pay a premium, brands face challenges including high ingredient costs, manufacturing hurdles, and regulatory scrutiny from the FSSAI over misleading claims. Long-term success depends on balancing taste with proven nutritional benefits to ensure repeat purchases.

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Apple’s Siri AI Gambit, Moneyview Trims IPO Size & More

Business

Apple launched Siri AI with iOS 27, though advanced features are limited to premium devices with potential future subscription fees. Meanwhile, Moneyview halved its IPO size, and InsuranceDekho faces leadership changes. Lenskart expanded its stake in AjnaLens for smart glasses, while the RBI proposed new cyber safety protocols. Additionally, Google selected four Indian startups for its AI accelerator, and Saubha Aerial Systems developed drone parachute recovery systems.

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Jensen Huang took a call from Trump, and showed off something else, too

Startups

Nvidia CEO Jensen Huang received a live call from President Trump on stage at the All-In conference, answering on a foldable phone. Their discussion focused on AI safety, with both seemingly agreeing that mounting fears about AI constitute a "hoax." Trump asserted AI is "bigger than the internet" and shouldn't be slowed, claiming panic benefits China and "political people." Huang's apparent agreement might align with Nvidia's.

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Only at TechCrunch Disrupt 2026: What happens when OpenAI ships your roadmap?

Startups

If you're building an AI company, the question isn't whether foundation models will continue to evolve. It's whether your company will continue creating value as they do. The greatest risk isn't building a weak product — it's building a strong one that eventually becomes someone else's feature. You don’t want to miss this interactive session on the Builders Stage at TechCrunch Disrupt 2026. Register before Sept 25 to save up to $200.

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Hear how AI can engineer nature’s comeback at TechCrunch Disrupt 2026

Startups

Not long ago, bringing an extinct species back to life belonged to science fiction. Today, it’s the mission of a billion-dollar startup. Advances in artificial intelligence, genetics, and computational biology are changing what’s possible in conservation research, raising questions that extend far beyond the laboratory. If technology can help revive extinct species, should it? And […].

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5 days left to exhibit at TechCrunch Disrupt 2026

Startups

The last day to apply for an exhibit table at TechCrunch Disrupt 2026 on Sept 18. Just 5 days left. Secure your spot on the Expo Hall floor and put your business in front of 10,000+ founders, investors, and tech leaders.

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Personal loan for home renovation: Costs and benefits

Startups

Personal loans for home renovation offer flexible, collateral-free funding for various upgrades and repairs without end-use restrictions. Key benefits include quick disbursal, customizable repayment tenures, and fixed EMIs. Borrowers should be aware of associated costs such as processing fees, GST, interest, and potential.

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The snake that cannot shed its skin must perish and fade

Startups

The article emphasizes that personal growth, like a snake shedding its skin, demands embracing change. Clinging to outdated beliefs, unhealthy habits, or past identities restricts development and threatens progress. While transformation can be uncomfortable, it's essential to avoid stagnation and unlock potential. Letting go of the familiar allows individuals to adapt, learn, and evolve, leading to stronger, wiser versions of themselves and enabling true fulfillment.

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Insight Partners’ Devin Parekh on why the firm is diversifying while everyone else bets the farm on OpenAI and Anthropic

Startups

Insight Partners' Devin Parekh opens up about losing Legora to General Catalyst, why he's fine holding stakes in rival AI labs, and why — even as everyone else piles into OpenAI and Anthropic — his $90 billion firm is deliberately staying diversified.

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Fusion power startups find new partners in the defense world

Startups

Fusion startups are increasingly embracing defense applications, a return to the industry's roots, as climate tech funding stalls. This shift provides new revenue streams for expensive fusion development. Defense sees fusion-related laser technology as crucial for developing cost-effective laser weapons against drones. Xcimer partnered with RTX, and Pacific Fusion collaborates with NNSA, highlighting fusion's dual utility for energy and national security.

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Tesla says it will finally unveil the second generation Roadster on October 1

Startups

Tesla's long-awaited second-generation Roadster is slated for an October 1 unveiling, as hinted by a recent "Go for launch" post. First announced in 2017, the electric sports car has faced multiple delays and reportedly features a new design. The graphic also suggests optional cold gas thrusters, developed by SpaceX, hinting at unique flight capabilities. Production is anticipated 12-18 months after the.

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BRICS should help 100 startups scale across member markets every year: PM Modi

Startups

Prime Minister Modi urged BRICS nations to help 100 startups expand into member markets annually. He also tasked the BRICS Business Council with identifying top trade barriers and facilitating 1,000 new business partnerships yearly. India, with its robust startup ecosystem, aims to drive innovation and has proposed a BRICS Incubator Network and Startup Innovation Fund. The expanded 11-nation BRICS group seeks deeper economic ties, with Iran advocating for national currency use and simplified trade.

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Karnataka launches Rs 25 crore Government First startup initiative

Startups

Karnataka launched the "Government First Initiative" to make government a first customer for startups. This Rs 25 crore program supports 100 startups over three years, offering up to Rs 25 lakh for pilot implementation of deployment-ready solutions. It allows startups to propose ideas or respond to problem statements, removing prior experience requirements. Successful pilots can lead to wider government procurement, connecting innovation with public service delivery.

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Fintech Stocks Rally On Report Of 40 Basis Point MDR On UPI, Paytm Touches 52-Week High

Business

Fintech stocks, including Pine Labs, Mobikwik, AvenuesAI, and Paytm, rallied significantly following reports that Merchant Discount Rate (MDR) fees on UPI transactions could soon be notified. The proposed 40 bps MDR for P2M transactions, with third-party apps receiving around 12 bps, is expected to unlock a substantial ₹5,000-10,000 Cr revenue stream for payment.

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