Exclusive

Publication

Byline

Location

Pernia's Pop Up Shop Files DRHP For INR 660 Cr IPO

India, Sept. 22 -- Pernia's Pop Up Shop parent Purple Style Labs has filed its draft red herring prospectus (DRHP) with SEBI for an initial public offering (IPO) that will solely consist of a fresh is... Read More


Aequs Gets SEBI Nod For Its Confidential DRHP

India, Sept. 22 -- Belgaum-based contract manufacturing company Aequs has received SEBI's nod for its DRHP, filed via the pre-filing route. According to SEBI's weekly processing report, it issued obs... Read More


PhonePe FY25: Loss Narrows 13.5% To INR 1,727 Cr, Revenue Crosses INR 7,000 Cr Mark

India, Sept. 22 -- IPO-bound fintech major PhonePe's revenue crossed the INR 7,000 Cr mark in FY25, as its operating revenue zoomed 40.5% to INR 7,114.8 Cr from INR 5,064.1 Cr in the previous year. O... Read More


BFSI-Focussed AI Startup OnFinance Raises $4.2 Mn

India, Sept. 22 -- Bengaluru-based OnFinance AI has raised $4.2 Mn (about INR 37 Cr) in its pre-Series A round led by Peak XV's Surge. The round also saw participation from Groww Founders' Fund, MarsS... Read More


IPO-Bound PhonePe Gets Final Nod To Operate As Payment Aggregator

India, Sept. 19 -- Walmart-owned fintech PhonePe has received the final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA). The development comes over t... Read More


FirstCry Pumps Another INR 20 Cr Into GlobalBees, Raises Stake To 51.68%

India, Sept. 19 -- Continuing its spree of investments in GlobalBees, kids-focussed omnichannel company FirstCry has now announced a further investment of about INR 20 Cr. In an exchanges filing, the... Read More


Starlink Plans 20 Gateways Across India: Report

India, Sept. 19 -- Elon Musk's satellite internet venture Starlink is reportedly preparing to conduct spectrum tests from its Navi Mumbai terminals. Citing sources from the Department of Telecommunic... Read More


Gujarat-Based Family Offices Acquire 2.6% Stake In BharatPe For INR 179 Cr

India, Sept. 18 -- Fintech unicorn BharatPe has seen its first secondary share sale in four years, with Gujarat-based family offices acquiring a 2.6% stake through wealthtech platform Wylth. Sources ... Read More


IndiaAI Mission: Fractal, Tech Mahindra Among 8 New Players Picked To Build LLMs

India, Sept. 18 -- The Centre has selected eight new entities to develop homegrown foundational large language models (LLMs) under the IndiaAI Mission. Tech Mahindra, Fractal Analytics, Avataar AI, Z... Read More


Now, Gameskraft Lays Off 120 Employees

India, Sept. 18 -- Adding to the long-list of gaming startups which have sacked employees following the passing of the Promotion and Regulation of Online Gaming Act, 2025 in the Parliament, Gameskraft... Read More