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IndiQube IPO: Price Band Set At INR 225-237

India, July 18 -- Coworking major IndiQube has set a price band of INR 225 to INR 237 per share for its initial public offering (IPO) that will open for subscription on July 23 and close on July 25. ... Read More


Smartworks Shares List At 7% Premium Over IPO Price

India, July 17 -- Smartworks Coworking Spaces made its stock market debut today, with its shares listing at 7.14% premium on the BSE. Smartwork's shares debuted at INR 436.10 apiece against the issue ... Read More


Smartworks Ends First Trading Session 15% Above IPO Price

India, July 17 -- After listing at a 7% premium to its IPO price, shares of coworking major Smartworks maintained bullish momentum throughout the day, touching an intraday high of 15% at INR 469.00. ... Read More


Fractal Analytics Bags $170 Mn Via Secondary Sale At $2.4 Bn Valuation

India, July 15 -- In the run up to its IPO, Fractal Analytics has raised $170 Mn through a secondary share sale, valuing the SaaS unicorn at $2.44 Bn. The deal involved the sale of a 6% stake held by... Read More


[Update] Smartworks IPO: Issue Closes With 13.5X Oversubscription

India, July 14 -- Update | July 14, 08:42 PM The IPO of Smartworks closed with an oversubscription of 13.45X, with investors bidding for 13.9 Cr shares as against 1.04 Cr shares on offer. The portio... Read More


Exclusive: PayU India Bags INR 302 Cr From Prosus To Grow Credit Business

India, July 14 -- Prosus-owned fintech platform PayU India has raised INR 302 Cr (about $35 Mn) from its parent Prosus to shore up its credit business. As per the company's MCA filings accessed by In... Read More


Smartworks IPO: Issue Oversubscribed 13X On Day 3 So Far

India, July 14 -- Coworking company Smartworks' public issue witnessed bumper response from qualified institutional buyers (QIBs) and non-institutional investors (NIIs) on the final day of bidding, wi... Read More


ArisInfra Q4: Loss Declines 97%, Revenue Up 7% YoY To INR 221 Cr

India, July 14 -- ArisInfra saw its consolidated net loss decline by 97% to INR 0.51 Cr in the March quarter of the fiscal year 2024-25 (Q4 FY25) from INR 18.1 Cr in the year-ago quarter. Sequentiall... Read More


ArisInfra Q4 Loss Declines 97%

India, July 14 -- ArisInfra saw its consolidated net loss decline by 97% to INR 0.51 Cr in the March quarter of the fiscal year 2024-25 (Q4 FY25) from INR 18.1 Cr in the year-ago quarter. Sequentiall... Read More


Exclusive: Fractal Bags INR 49 Cr From Cofounder Srikanth Velamakanni

India, July 12 -- IPO-bound SaaS unicorn Fractal Analytics' cofounder and CEO Srikanth Velamakanni has invested INR 48.7 Cr (about $5.6 Mn) in the company. As per the company's regulatory filings, Ve... Read More