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Fintech Unicorn Moneyview Gets SEBI Approval For Rs.1500 Cr+ IPO

India, July 3 -- Fintech unicorn Moneyview has received SEBI's approval to proceed with its proposed IPO. The regulator issued a final observation letter to the fintech startup on June 29, as per the... Read More


Fintech Unicorn Moneyview Gets SEBI Approval For Rs.1,500 Cr+ IPO

India, July 3 -- Fintech unicorn Moneyview has received SEBI's approval to proceed with its proposed IPO. The regulator issued a final observation letter to the fintech startup on June 29, as per the... Read More


RBI Calls Cryptocurrency A Threat To Economy, Opposes Its Legalisation

India, July 3 -- Reiterating its long-standing opposition to virtual digital assets (VDAs), the RBI told a parliamentary panel that cryptocurrencies pose a threat to the economy and should not be lega... Read More


Swara Baby Products Files DRHP, Parent FirstCry To Sell Shares Worth Rs.300 Cr

India, July 2 -- Contract manufacturer Swara Baby Products, which specialises in disposable hygiene products, has filed its DRHP with SEBI for a Rs.1,000 Cr IPO. The IPO will comprise a fresh issue o... Read More


Udaan's Creditors Initiate Bankruptcy Proceedings Against Its Parent In Singapore

India, July 2 -- IPO-bound B2B ecommerce unicorn Udaan's global creditors have initiated insolvency proceedings against it over default on bonds. A report by ET, citing sources, said global creditors... Read More


Sparrow Capital Closes Third Fund At Rs.475 Cr To Back Seed Stage Startups

India, July 2 -- VC firm Sparrow Capital has closed its third fund with a corpus of Rs.475 Cr (about Rs.50 Mn), surpassing its initial target of Rs.400 Cr. The fund is sector agnostic and Sparrow Cap... Read More


Dream Sports Shuts Fintech Platform Dream Money Within A Year Of Launch

India, July 1 -- Dream11 parent Dream Sports is scaling back its diversification efforts, shutting down its fintech vertical Dream Money less than a year after its launch. Last month, the company also... Read More


Proptech Startup Crib Acquires Venture Catalyst-Backed CirclePe

India, July 1 -- AI-property management startup Crib App has acquired rent financing platform CirclePe to embed zero-deposit renting and upfront operator financing capabilities within its platform. F... Read More


Instamart Appoints Ex-OYO International CEO Gautam Swaroop As CBO

India, July 1 -- Quick commerce major Swiggy Instamart has appointed Gautam Swaroop as its CBO, days after Hari Kumar stepped down from the role. Gautam will oversee Instamart's commercial operations... Read More


OYO Parent PRISM Files Updated DRHP For Rs.6,650 Cr IPO

India, June 30 -- Hospitality unicorn OYO's parent PRISM has filed its updated draft red herring prospectus (UDRHP) with SEBI for a Rs.6,650 Cr IPO, which will comprise entirely of a fresh issue of sh... Read More