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Flipkart's Logistics Arm Ekart Narrows FY25 Loss To INR 1,515 Cr

India, Oct. 3 -- Flipkart-owned logistics company Ekart managed to trim its net loss for the fiscal year FY25 by 12% to INR 1,515 Cr from INR 1,718.1 Cr net loss incurred in the previous fiscal year. ... Read More


Infra.Market Files Confidential IPO Papers With SEBI

India, Oct. 1 -- Building materials platform Infra.Market has pre-filed its IPO papers with the Securities and Exchange Board of India (SEBI) via the confidential route, sources told Inc42. The compa... Read More


Capillary Technologies Gets SEBI Nod For IPO

India, Sept. 30 -- SaaS company Capillary Technologies has received the approval from SEBI to proceed with its IPO. As per the latest update on SEBI website, the regulator issued observations to the ... Read More


Spiritual Tech Startup VAMA Bags INR 22 Cr To Enter Offline Travel Segment

India, Sept. 30 -- Spiritual tech startup VAMA has raised INR 22 Cr ($2.5 Mn) in its pre-Series A round led by existing investor Wavemaker Partners. The round also saw participation from 500 Global, ... Read More


Robotics Startup EyeROV Bags INR 47 Cr Indian Navy Contract

India, Sept. 30 -- Marine robotics startup EyeROV has secured an order of INR 47 Cr ($5.3 Mn) from the Indian Navy to deliver underwater remotely operated vehicles (UWROVs). The contract will see Eye... Read More


Defence Tech Startup Unmannd Bags $2 Mn From Speciale Invest, Accel

India, Sept. 30 -- Defence tech startup Unmannd has raised $2 Mn (about INR 17.7 Cr) in its pre-seed funding round led by Speciale Invest and Accel. A large part of the funding will be used to expand... Read More


WeWork India IPO To Open On Friday, Price Band Set At INR 615-648

India, Sept. 29 -- Coworking space provider WeWork India has set a price band of INR 615 to INR 648 for its IPO, which is set to open on Friday (October 3). The public issue will solely comprise an o... Read More


D2C Ayurveda Startup Kapiva Raises $60 Mn To Fuel International Expansion

India, Sept. 29 -- D2C ayurveda brand Kapiva has raised $60 Mn (INR 532 Cr) in a Series D round co-led by 360 ONE Asset and Vertex Growth. Besides, existing investors Vertex Ventures and 3one4 Capita... Read More


DroneAcharya Shares Slump Over 6% After H2 Loss, SEBI Probe

India, Sept. 29 -- Shares of dronetech company DroneAcharya crashed 6.6% to INR 60.50 apiece on the BSE during the morning trade after it reported a loss of INR 15 Cr for H2 FY25 on Saturday (Septembe... Read More