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DevX IPO: Issue Oversubscribed 1.8X On Day 1 So Far

India, Sept. 10 -- Coworking space provider DevX's (Dev Accelerator) IPO got off to a strong start, with the public issue oversubscribed by 1.8X at 11:30 on the first day of bidding. The IPO received ... Read More


Aviral Bhatnagar's AJVC Closes Debut Fund At INR 200 Cr

India, Sept. 10 -- Former Venture Highway executive Aviral Bhatnagar's investment venture A Junior VC (AJVC) has closed its debut AIF fund AJVC Trust at INR 200 Cr, about six months after marking the ... Read More


[Update] DevX IPO: Issue Oversubscribed 5.3X On Day 1

India, Sept. 10 -- Update | September 10, 18:40 Coworking space provider DevX's IPO was oversubscribed 5.3X at the end of first day of bidding, with retail investors leading the pack. Retail investor... Read More


[Update] Exclusive: Presolv360 Raises $4.7 Mn From Elevation Capital, Others

India, Sept. 10 -- Update | September 10, 06:00 A month after Inc42 exclusively reported about Presolv360's fundraise, the online dispute resolution platform said it closed its Series A funding round... Read More


OpenAI In Talks With Reliance, Other Companies To Bring Stargate To India

India, Sept. 9 -- AI giant OpenAI is reportedly in discussions with Reliance Industries and other domestic data centre companies to bring global supercomputing joint venture The Stargate Project to In... Read More


Indigrid Nets $4 Mn To Scale Production Of EV Components

India, Sept. 9 -- Electric vehicle (EV) component maker Indigrid Technology has raised $4 Mn (INR 35.2 Cr) as part of a strategic funding round from existing investor Cactus Partners. In a statement,... Read More


Indigrid Nets $4 Mn To Scale Production

India, Sept. 9 -- Electronics systems design and manufacturing startup Indigrid Technology has raised $4 Mn (INR 35.2 Cr) as part of a strategic funding round from existing investor Cactus Partners. ... Read More


Jio Financial Services, Allianz Incorporate Reinsurance Subsidiary

India, Sept. 9 -- Update | September 9, 14:15 Over a month after entering into an agreement with German insurance major Allianz to form a joint venture for reinsurance business, Jio Financial Service... Read More


End Of An Era: Freshworks Founder Girish Mathrubootham Exits

India, Sept. 5 -- Over a year after he transitioned to the role of executive chairman from CEO, Freshworks Girish Mathrubootham is exiting the SaaS major. In an SEC filing, Freshworks said that Mathr... Read More


Apple's India Sales Hit Record $9 Bn Mark In FY25

India, Sept. 5 -- Tech giant Apple's sales in India reportedly hit a record high $9 Bn in the financial year 2024-25, marking a 13% increase from $8 Bn from the previous fiscal year. iPhones drove a ... Read More