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Klassroom Receives In-Principle Approval For SME IPO, Targets Q2 FY27 Listing

India, June 8 -- Edtech startup Klassroom is planning to launch its initial public offering (IPO) on the BSE SME platform in the second quarter (July to September) of FY27, sources shared with Inc42. ... Read More


Klassroom Eyes Going Public In Q2 FY27; Secures In-Principle Approval For SME IPO

India, June 8 -- Edtech startup Klassroom is planning to launch its initial public offering (IPO) on the BSE SME platform in the second quarter (July to September) of FY27, sources shared with Inc42. ... Read More


[Update] Nazara Raises Rs.474 Cr Via Preferential Issue

India, June 6 -- Update | June 6, 17:15 IST Nazara's board has approved the allotment of 1.82 Cr warrants through a preferential issue at Rs.260 apiece, raising over Rs.474 Cr from investors Fidelis ... Read More


[Update] Nazara Allots Warrants Worth Rs.474 Cr

India, June 6 -- Update | June 6, 17:15 IST Nazara's board has approved the allotment of 1.82 Cr warrants through a preferential issue at Rs.260 apiece, raising over Rs.474 Cr from investors Fidelis ... Read More


Bira 91 Faces Fresh Rs.11 Cr Legal Threat From Glass Supplier HNGIL

India, June 5 -- Craft beer brand Bira 91's parent company B9 Beverages has received a fresh legal notice from glass manufacturer Hindusthan National Glass & Industries Ltd (HNGIL), threatening civil ... Read More


Cybersecurity Startup Innefu Labs Raises $30 Mn From Panthera Growth Partners

India, June 5 -- AI-powered cybersecurity startup Innefu Labs has raised $30 Mn (about Rs.285.2 Cr) in its Series B funding round led by Singapore-based growth equity firm Panthera Growth Partners. T... Read More


Together Fund's Manav Garg Joins Emergent As Executive Chairman

India, June 4 -- Together Fund's cofounder and managing partner Manav Garg joined AI startup Emergent as executive chairman two years after first backing the company. In a LinkedIn post today, Garg s... Read More


Ola Electric Closes QIP By Issuing Shares At Rs.35.86 Apiece

India, June 4 -- Electric vehicle maker Ola Electric has closed its qualified institutional placement (QIP) fund raise. In its disclosure today, the company said that its fund raising committee approv... Read More


Ola Electric Raises Rs.780 Cr Via QIP; Issue Oversubscribed By 56%

India, June 4 -- Electric vehicle (EV) maker Ola Electric has completed its qualified institutional placement (QIP), raising Rs.780.24 Cr by issuing 21.75 Cr equity shares at an issue price of Rs.35.8... Read More


CCPA Slaps Fine On PhysicsWallah Over Dark Pattern Violations

India, June 4 -- The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs.5 Lakh on edtech major PhysicsWallah for using dark patterns on its platform, including a pre-selected don... Read More