The busy IPO season of 2025 is handing out some of the biggest returns to venture capital firms that backed these companies early. ET’s calculations show that VC firms have taken exits of around Rs 15,000 cr through recent listings, including Ather Energy, BlueStone, Lenskart, Urban Company, Groww and Pine Labs.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.