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[Update] Shadowfax Ends First Trading Session 12% Below Issue Price

India, Jan. 28 -- Update | January 28, 16: 33 IST Shares of Shadowfax ended their first trading session 11.37% below issue price at INR 109.9 on the BSE. This also marked a 2.74% dip from the listing... Read More


Enterprise Tech Startup SpotDraft Nets $8 Mn From Qualcomm Ventures

India, Jan. 27 -- AI-driven enterprise tech startup SpotDraft has secured $8 Mn (about INR 73.4 Cr) from Qualcomm Ventures in its Series B extension round. The startup plans to deploy the fresh funds... Read More


Entellus Industries Raises INR 50 Cr To Scale Rare Earth Metals Manufacturing

India, Jan. 27 -- Manufacturing startup Entellus Industries has secured INR 50 Cr (about $5.5 Mn) in a funding round led by deeptech-focussed investment firm ZeroW, founded by Mekapati Family Office -... Read More


Swiggy Integrates MCP To Enable AI-Driven Ordering Across Its Platforms

India, Jan. 27 -- Becoming one of the first Indian consumer brands to launch model context protocol (MCP), Swiggy has introduced this AI integration across its business verticals - food delivery platf... Read More


Navam Capital Marks Final Close Of Maiden Fund At INR 315 Cr

India, Jan. 27 -- Ather Energy-backer Navam Capital has marked the final close of its maiden alternative investment fund (AIF), Navam Venture Fund I, at INR 315 Cr (about $34.3 Mn) to back Indian deep... Read More


Micron To Start Commercial Chip Production By February End: Ashwini Vaishnaw

India, Jan. 23 -- US-based chipmaker Micron Technology is set to commence the commercial production of semiconductors from its Indian facility by the end of February, as per IT minister Ashwini Vaishn... Read More


Dhun Wellness Secures $4 Mn To Fuel Geographic Expansion, Strengthen Offerings

India, Jan. 23 -- Mira Kapoor-led urban wellness startup Dhun Wellness has raised $4 Mn (INR 36.6 Cr) in a fresh funding round from SRF Ltd and Havells India. The round also saw participation from a ... Read More


PhonePe Files Updated DRHP For OFS-Only IPO

India, Jan. 22 -- Walmart-backed fintech giant PhonePe has filed the updated draft red herring prospectus (UDRHP) with SEBI for its IPO, which will comprise only an offer for sale (OFS). The Bengalur... Read More


EV Startup Chargeup Raises INR 22 Cr To Fuel Expansion

India, Jan. 22 -- EV startup Chargeup, which offers battery-as-a-service solutions (BaaS), has raised INR 22 Cr ($2.4 Mn) in a fresh funding round led by IAN Group, with participation from Capital A a... Read More


360 ONE Asset Launches INR 1,500 Cr Fund For Defence Tech, Spacetech Investments

India, Jan. 22 -- In a bid to broaden its investment portfolio, 360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, has now launched a multi-stage defence tech and spacetech early stage VC fund. ... Read More