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IIT Bombay Startup Incubator Rolls Out INR 250 Cr Deeptech Fund

India, Dec. 10 -- IIT Bombay's startup incubator Society for Innovation and Entrepreneurship (SINE) has unveiled India's first incubator-linked VC fund, Y-Point Venture Capital Fund, with a target cor... Read More


Wakefit IPO: Issue Oversubscribed 1.94X Till Now

India, Dec. 10 -- D2C mattress and furniture company Wakefit's IPO picked up pace during the third day of bidding, with the issue oversubscribing 1.94X at 14:39 IST. The issue received bidding for 7.0... Read More


Skydo Bags $10 Mn To Expand Global Footprint, Acquire Regulatory Licences

India, Dec. 10 -- Cross-border payments startup Skydo has raised $10 Mn (about INR 89.8 Cr) in its Series A funding round led by Susquehanna Asia Venture Capital, with participation from existing inve... Read More


Swiggy QIP Oversubscribed 4.5X, Sees Strong Demand From Top Mutual Funds

India, Dec. 10 -- Swiggy's INR 10,000 Cr qualified institutional placement (QIP) witnessed strong demand from investors and was oversubscribed 4.5X within an hour of opening, sources told Inc42. The ... Read More


[Update] Wakefit IPO: Issue Subscribed 39% On Day 2, Retail Portion Fully Booked

India, Dec. 9 -- Update | December 9, 18:40 IST Wakefit's IPO was subscribed 39% at the end of the second day of bidding. The issue received bids for 1.4 Cr shares against 3.6 Cr shares on offer. Th... Read More


Meesho IPO: Cofounders Rake In INR 354 Cr, Y Combinator Mints 108X Return

India, Dec. 9 -- The cofounders and investors of Meesho, which is set to list on the exchanges tomorrow, got hefty returns from the ecommerce unicorn's IPO. Y Combinator, which offloaded 71.9 Lakh sh... Read More


Airpay Bags Cross Border Payment Aggregator Licence From RBI

India, Dec. 9 -- Fintech startup Airpay Payment Services has become the latest entity to secure the Reserve Bank of India's (RBI) cross-border payment aggregator (PA-CB). With the regulatory approval... Read More


Wakefit IPO Day 2: Issue Subscribed 27% So Far, Retail Portion Fully Booked

India, Dec. 9 -- D2C mattress and furniture company Wakefit's IPO was subscribed 27.4% till 12:38 IST on the second day of bidding. The issue received bids for 1 Cr shares out of the total 3.6 Cr shar... Read More


[Update] Swiggy Shareholders Approve Plan To Raise INR 10,000 Cr Via QIP

India, Dec. 8 -- Update | December 8, 23:15 IST Listed foodtech major Swiggy today said its shareholders approved a proposal to raise up to INR 10,000 Cr via qualified institutional placement (QIP). ... Read More


[Update] Ola Electric Shares Touch Fresh Low At INR 33.65

India, Dec. 8 -- Updated | December 8, 16:35 IST Shares of Ola Electric closed today's trading session at INR 34.14 apiece on the BSE, down 3.4% from the previous close. The stock touched an all-tim... Read More