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Dronetech Startup EndureAir Raises INR 25 Cr From IAN Alpha Fund

India, Sept. 10 -- IIT Kanpur-incubated dronetech startup EndureAir Systems has raised INR 25 Cr from IAN Alpha Fund, along with IAN Angel Fund. The startup, in a statement, said it will use the capi... Read More


PhysicsWallah DRHP: A Look At Shareholding Pattern & Key Executives

India, Sept. 9 -- In the lead-up to its IPO, PhysicsWallah (PW) cofounders Alakh Pandey and Prateek Boob (also known as Prateek Maheshwari) lapped up INR 201.3 Cr apiece from secondary transactions. ... Read More


Exclusive: Indrajaal Raises INR 48 Cr To Scale Anti-Drone Capabilities

India, Sept. 8 -- Defence tech startup Indrajaal has raised INR 48 Cr (about $xx Mn) in its pre-Series A round co-led by India Accelerator and Finvolve, along with participation from strategic and exi... Read More


[Update] Flipspaces Bags $9 Mn, Takes Extended Series C Round Size To $50 Mn

India, Sept. 8 -- Update | September 8, 17:40 IST Interior design startup Flipspaces has raised an additional $9 Mn (around INR 79 Cr) in its extended Series C round from CE-Invests, Panthera Growth ... Read More


TBO Tek Jumps Over 9% After Jefferies Raises Price Target

India, Sept. 8 -- Shares of travel tech major TBO Tek surged 9.4% to an intraday high of INR 1,687 today after brokerage firm Jefferies raised its price target for the company. At 13:40, the stock wa... Read More


LEAP India DRHP: A Look At Shareholding Pattern & Key Executives

India, Sept. 6 -- Supply chain solutions provider LEAP India filed its draft red herring prospectus (DRHP) with SEBI last week to raise INR 400 Cr through a fresh issue of shares. The initial public o... Read More


Ola Electric Slumps 6% After SoftBank Dilutes Stake

India, Sept. 5 -- Shares of Ola Electric slumped as much as 6% to INR 60.70 during the early trading hours on the BSE today, a day after SoftBank said it has decreased its stake in the company. The i... Read More


PhysicsWallah Expands Civil Services Play With Stake Acquisition In Sarrthi IAS

India, Sept. 5 -- IPO-bound PhysicsWallah (PW) has picked up a 40% stake in UPSC coaching institute Sarrthi IAS at a valuation of around INR 250 Cr, sources told Inc42. The deal will allow Sarrthi to... Read More


[Update] Ola Electric Slumps 8% After SoftBank Dilutes Stake

India, Sept. 5 -- Update | September 5, 18:32 Shares of Ola Electric fell as much as 8% to INR 59.38 during the intraday trading on the BSE today. The stock ended the day's trade 7.2% lower at INR 59... Read More


PB Fintech, Go Digit Zoom Up To 6% On GST Exemption For Insurance

India, Sept. 4 -- Insurtech companies PB Fintech and Go Digit saw their shares rise in the intraday trade today after the GST Council announced exemption of GST on life and health policies yesterday. ... Read More