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Tiger Global Tax Case: SPF Seeks Tax Certainty, Predictability For Investors

India, Jan. 22 -- Following the Supreme Court's ruling against Tiger Global in the capital gains tax case pertaining to the investor's stake sale in Flipkart, Startup Policy Forum (SPF) has called on ... Read More


Shadowfax IPO: Issue Subscribed 67% On Day 3 So Far

India, Jan. 22 -- Logistics major Shadowfax's IPO was subscribed 67% as of 12:25 IST on the third day of bidding. The public issue received bids for 5.98 Cr shares against 8.9 Cr shares on offer. Ret... Read More


Kitchenware Brand Cumin Co Raises $5 Mn To Scale R&D And Distribution

India, Jan. 21 -- D2C kitchenware brand Cumin Co has bagged $5 Mn (around INR 41.5 Cr) in a Pre-Series A funding round led by Fireside Ventures, along with participation from Huddle Ventures and Alter... Read More


[Update] Shadowfax IPO: Issue Subscribed 60% On Day 2

India, Jan. 21 -- Updated | January 21, 18:54 IST Logistics major Shadowfax's IPO closed the second day of bidding with 60% subscription, getting bids for 5.33 Cr shares against 8.91 Cr shares on off... Read More


Eternal Q3: Blinkit, Hyperpure Achieve Adjusted EBITDA Profitability

India, Jan. 21 -- Eternal's quick commerce Blinkit and B2B business Hyperpure achieved adjusted EBITDA profitability in Q3 FY26. Blinkit posted an adjusted EBITDA profit of INR 4 Cr during the quarte... Read More


Shadowfax IPO: Issue Subscribed 58% On Day 2 So Far

India, Jan. 21 -- Logistics major Shadowfax's initial public offering (IPO) has been subscribed 58% on the second day of bidding, with investors placing bids for 5.13 Cr shares against 8.91 Cr shares ... Read More


Aerem Raises $15 Mn To Offer Solar Financing Solutions

India, Jan. 21 -- Solar financing startup Aerem Solutions has raised $15 Mn (around INR 137 Cr) in its pre-Series B funding round led by Sumitomo Mitsui Banking Corporation's VC arm SMBC Asia Rising F... Read More


UPI In December: PhonePe, Google Pay Lose Market Share For The Seventh Consecutive Month

India, Jan. 20 -- The top two UPI players - PhonePe and Google Pay - continued to lose market share for the seventh straight month, even as monthly UPI transactions hit an all-time high in December 20... Read More


PhonePe Gets SEBI Nod For IPO

India, Jan. 20 -- Fintech giant PhonePe has received approval from market regulator Securities and Exchange Board of India (SEBI) for its much anticipated $1 Bn+ IPO, sources told Inc42. The company ... Read More


Raana Semiconductors Bags $3 Mn To Develop Silicon Crystal Growth Equipment

India, Jan. 20 -- Semiconductor startup Raana Semiconductors has raised $3 Mn (around INR 27 Cr) in its seed funding round led by Equirus Innovatex Fund and Artha Venture Fund, along with participatio... Read More