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Hike Shuts Global Operations

India, Sept. 13 -- "After regrouping with our investors and the team, I've made the difficult decision to wind down Hike completely," Web3 gaming startup Hike's founder and CEO Kavin Bharti Mittal sha... Read More


[Update] DevX IPO: Issue Closes With 64X Oversubscription

India, Sept. 12 -- Update | September 12, 19:18 IST The IPO of DevX closed with an oversubscription of about 63.97X, with investors bidding for 84.1 Cr shares as against 1.32 Cr shares on offer. The... Read More


DevX IPO: Issue Oversubscribed 26X On Day 3 So Far

India, Sept. 12 -- Coworking space provider DevX's public issue continued to see high investor interest on the final day of bidding, with the issue oversubscribed 26X at 11:21 today. It received bids ... Read More


[Update] DevX IPO: Issue Oversubscribed 16X On Day 2

India, Sept. 11 -- Update | September 11, 18:11 Coworking space provider DevX's IPO was oversubscribed 16X at the end of the second day of bidding, with retail investors leading the pack. Retail inve... Read More


DevX IPO: Issue Oversubscribed 9.4X On Day 2

India, Sept. 11 -- After ending the first day of its IPO with an oversubscription of 5.3X, driven primarily by retail investors, coworking space provider DevX's public issue gained further momentum on... Read More


CarTrade Shares Tumble Over 18% After JM Financial Downgrades Rating To 'Sell'

India, Sept. 10 -- Shares of listed car reselling platform CarTrade crashed over 18% to INR 2,222.35 during the intraday on the BSE today. The sharp decline came after JM Financial reportedly downgrad... Read More


Karnataka Allocates Land For Quantum City Near Bengaluru

India, Sept. 8 -- After launching the INR 1,000 Cr Quantum Mission, the Karnataka government has approved allocation of 6.17 acres of land in Hesaraghatta in Bengaluru to build a Quantum City (QCity).... Read More


PhonePe To File Confidential IPO Papers This Month: Report

India, Sept. 5 -- Walmart-owned PhonePe is reportedly planning to pre-file its IPO papers via the confidential route by the end of September 2025. The fintech company is aiming to raise between $1.2 ... Read More


PhonePe To File Confidential IPO Papers Soon: Report

India, Sept. 5 -- Walmart-owned PhonePe is reportedly planning to pre-file its IPO papers via the confidential route by the end of September 2025. The fintech company is aiming to raise between $1.2 ... Read More


L Catterton's India-Focussed Consumer Fund Marks First Close At $200 Mn

India, Sept. 5 -- L Catterton's India-focussed consumer fund has reportedly marked its first close at $200 Mn (about INR 1,760 Cr). The investment vehicle, L Catterton India Fund (Fund I or the Fund)... Read More