Swiggy is reportedly gearing up for a ₹10,000 crore QIP amid growth ambitions and profitability goals, even as PhysicsWallah posts impressive Q2 results. Together, the updates reflect diverging financial strategies across India’s unicorn ecosystem.

PayU India has posted a solid 20% revenue increase in the first half of FY26, marking one of its strongest financial performances in recent years. With operational efficiencies improving and digital transactions rising, the company now stands close to achieving profitability.

PicoJool has secured $12M in funding to develop breakthrough bandwidth solutions for AI data centers. The company aims to eliminate GPU communication bottlenecks and deliver ultra-fast, energy-efficient connectivity for large-scale AI workloads.

Capillary Technologies has opened its IPO, highlighting its robust SaaS model, global presence, and commitment to AI-powered loyalty and engagement solutions. With fresh capital aimed at product innovation, cloud expansion, and global growth, the company is poised to strengthen its position as a leading enterprise SaaS provider.