India Mulls Incentivising Rare Earth Production To Tame China's Tantrums

India, July 10 -- In a move to reduce India's dependence on China for rare earth magnets, the Centre is working on a plan to incentivise local production. According to a PTI report, the ministries of... Read More

Now, Fraudsters Use Reliance's Tira Masthead To Dupe Naive Netizens

India, July 10 -- The Delhi High Court (HC) has restrained certain unnamed individuals and entities from allegedly impersonating the trademark of Reliance Retail's beauty brand "Tira". The order, dat... Read More

Smartworks Raises INR 174 Cr From Anchor Investors

India, July 9 -- A day before commencing the bidding for its initial public offering (IPO) on July 10, Smartworks Coworking Space has raised INR 173.64 Cr funding from anchor investors. The company a... Read More

Reliance's Jio Platforms Puts IPO On Hold: Report

India, July 9 -- Jio Platforms, the technology subsidiary of Reliance Industries Ltd (RIL) which houses telecom operator Reliance Jio Infocomm, has reportedly decided not to go public this year. Inste... Read More

Kedaara Gets CCI Nod To Invest In Porter

India, July 8 -- The Competition Commission of India (CCI) has approved Kedaara Capital's plan to invest in hyperlocal logistics startup Porter. Kedaara Sapphire Holding and Kedaara Capital Fund IV A... Read More

Khetika Bags $18 Mn To Sell Preservative-Free Processed Foods

India, July 7 -- Healthy food brand Khetika has raised $18 Mn in its Series B round co-led by the Narotam Sekhsaria Family Office and Anicut Capital. The round also saw participation from existing bac... Read More

The Fall Of Good Glamm Group: How The House Of Brands Crumbled

India, July 7 -- "The road ahead won't be easy, and it won't be overnight. I'm doing everything in my power to bring this to a resolution." Last Thursday, Darpan Sanghvi, the founder and CEO of Good ... Read More

IPO-Bound Smartworks' FY25 Loss Widens 27% To INR 63.2 Cr

India, July 6 -- IPO-bound coworking startup Smartworks' consolidated net loss rose 26.5% to INR 63.2 Cr in the fiscal year 2024-25 (FY25) from INR 49.9 Cr in FY24. The company, whose public issue is... Read More

Exclusive: Yulu To Raise $8.2 Mn From Cofounders Via Rights Issue

India, July 4 -- Electric mobility startup Yulu is raising INR 70 Cr (about $8.2 Mn) from its cofounders and existing investors via a rights issue. As per the startup's regulatory filings accessed by... Read More

Swiggy Block Deal: BNP Paribas Acquires Shares Worth INR 122 Cr

India, July 3 -- In a major block deal today, Citigroup Global Markets sold around 3,20,421 shares of foodtech major Swiggy at a price of INR 381 per share. BNP Paribas Financial Markets stepped in as... Read More

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