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From Elevate Education To Aukera - Indian Startups Raised $72 Mn This Week

India, July 11 -- Indian startup funding remained largely flat in the second week of July. Between July 4 and July 10, Indian startups cumulatively raised about $71.9 Mn across 17 deals. This marked ... Read More


Once Valued At Rs.180 Cr, Why Cred Fair Sold For Rs.45 Cr

India, July 10 -- Venture debt firm BlackSoil has acquired rooftop solar loans provider Credit Fair in a slump sale. The transaction, completed on July 1 via a cash slump sale, saw BlackSoil acquire C... Read More


Once Valued At Rs.180 Cr, Why Credit Fair Sold For Rs.45 Cr

India, July 10 -- Venture debt firm BlackSoil has acquired rooftop solar loans provider Credit Fair in a slump sale. The transaction, completed on July 1 via a cash slump sale, saw BlackSoil acquire C... Read More


Mukesh Bansal's Nurix AI Acquires Verloop

India, July 9 -- Mukesh Bansal-led enterprise AI startup Nurix AI announced its plans to acquire Verloop.io to expand its offerings across both voice and chat-based AI solutions. The companies did not... Read More


Ola Electric Faces Supplier Insolvency Petitions, Links Dispute To Ongoing Arbitration

India, July 8 -- Listed EV maker Ola Electric is facing insolvency petitions from two of its suppliers, with the Bhavish Aggarwal-led company saying the matter stems from an ongoing arbitration over w... Read More


ideaForge Opens QIP, Sets Floor Price At Rs.835.86

India, July 7 -- Listed dronetech company ideaForge has opened its qualified institutional placement (QIP) today (July 7) to raise fresh capital. The fundraising committee approved a floor price of Rs... Read More


CCI Clears upGrad's Unacademy Acquisition

India, July 7 -- The Competition Commission of India (CCI) has approved edtech major upGrad's proposed acquisition of Unacademy. The competition watchdog approved the proposed combination under Sectio... Read More


Flipkart Launches Second ESOP Liquidity Event In 12 Months

India, July 6 -- Walmart-owned ecommerce major Flipkart has announced its second ESOP liquidity event over the past year, allowing eligible employees to sell up to 5% of their outstanding options vest... Read More


Rentomojo Gets SEBI Nod For IPO

India, July 6 -- Markets regulator SEBI has given its go ahead to furniture and appliance rental startup Rentomojo's initial public offering. As per SEBI data, the regulator issued its final observati... Read More


Zeta Founder Bhavin Turakhia Launches Enterprise AI Startup Neo

India, July 6 -- Zeta founder Bhavin Turakhia has launched a new AI startup, Neo, with a personal investment of $30 Mn. Announcing the launch in a post on X, Turakhia said Neo is designed to address ... Read More