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Amid Super App Push, Jio Financial Services To Raise INR 15,825 Cr

India, July 30 -- Fintech major Jio Financial Services (JFS) is looking to raise INR 15,825 Cr (about $1.8 Bn) via a private placement of convertible warrants to members of its promoter group, Sikka P... Read More


Reliance Eyes $6 Bn IPO For Jio Infocomm

India, July 30 -- Adding on to what seems to be a perennial discussion about the IPO of India's leading telecom provider Reliance Jio Infocomm, its parent Reliance Industries Ltd (RIL) has now reporte... Read More


OYO Vs Zostel: SC Junks Hostel Chain's Appeal Against Delhi HC Order

India, July 30 -- The Supreme Court (SC) has refused to entertain an appeal filed by hostel chain Zostel against a Delhi High Court (HC) judgment that set aside a 2021 arbitral award against OYO's par... Read More


Fintech Startup Funding Zooms 60% YoY To $1.6 Bn In H1 2025

India, July 29 -- Emerging from the throes of the funding winter, Indian startups are on the mend. Funding numbers are improving, the growth-at-all-cost era appears over and investors are loosening th... Read More


Lenskart DRHP: CEO Peyush Bansal Bought Shares Worth INR 221 Cr In July

India, July 29 -- Lenskart cofounder, CEO and MD Peyush Bansal bought shares worth INR 221.1 Cr from the company's shareholders ahead of the eyewear giant filing its DRHP with SEBI yesterday. From Ju... Read More


Amagi Founders Bought Shares Worth INR 9 Cr Ahead Of Filing DRHP

India, July 29 -- In the run up to the media-focussed SaaS company Amagi filing its draft IPO papers, its cofounders bought back 3.5 Mn equity shares at INR 25 apiece from existing investors Accel, No... Read More