Table Space All Set For IPO, Watermarking AI & More

Table Space is preparing for its ₹800 Cr IPO, which will include both a fresh issue and an OFS component. The biggest shareholder, Hillhouse Investments, will sell 4.9 Cr shares, while founder Karan Chopra and co-CEO Kunal Mehra will contribute smaller lots. The company is also considering a pre-IPO round of ₹160 Cr. Table Space's FY26 numbers show robust top line growth but stubborn losses, with operating revenue increasing 66% YoY to ₹2,262 Cr and net loss narrowing 74% YoY to ₹402 Cr.

Despite improving revenues, the startup remains loss-making and faces scrutiny over cash flows and its long march to profitability. Meanwhile, AI company Anthropic has committed to watermarking all content across its Claude products, including APIs, Code, Cowork, and enterprise deployments. Porter, the logistics unicorn, saw its net profit increase 314% YoY to ₹229 Cr in FY26, driven by operating revenue surging 54% YoY to ₹6,650 Cr.

However, expenses also continued to rise, reaching ₹6,505 Cr. LEAP India's IPO was oversubscribed with an impressive 8.38X participation, receiving bids for 96.3 Cr shares against an offer of 11.5 Cr shares. Discovered Materials secured $9 Mn in seed funding to scale its AI agents for materials research, while Blinkit and Zepto face food safety issues from regulatory authorities.