India, Dec. 19 -- Ecommerce major Flipkart will acquire a majority stake in AI and ML startup Minivet AI to strengthen its GenAI capabilities. In a statement, the IPO-bound company said that it has s... Read More
India, Dec. 19 -- Shares of EV maker Ola Electric surged nearly 10% to touch an intraday high of INR 34.40 on the BSE today after founder and CEO Bhavish Aggarwal completed his stake sale yesterday. ... Read More
India, Dec. 17 -- Nitin Jain, cofounder and chief business officer (CBO) of IPO-bound OfBusiness, has stepped down from his position. In a LinkedIn post, Jain said he was "moving on" from OfBusiness ... Read More
India, Dec. 15 -- Wakefit's shares made a muted debut on the bourse today, listing at INR 194.10 on the BSE against the issue price of INR 195. On the NSE, the shares of the D2C mattress and furnitur... Read More
India, Dec. 15 -- Home appliances startup Atomberg, which is gearing up for its IPO, is in talks to raise INR 40 Cr (about $4.8 Mn) in secondary capital in a round led by Forj Capital, with participat... Read More
India, Dec. 15 -- Updated | December 15, 17:02 IST Shares of Wakefit ended their first trading session at INR 192.30 on the BSE, down 1.38% from the issue price of INR 195 and 0.93% from the listing ... Read More
India, Dec. 15 -- Ecommerce giant Flipkart has received in-principle approval from the National Company Law Tribunal (NCLT) to shift its domicile back to India from Singapore, ahead of the company's a... Read More
India, Dec. 13 -- Listed foodtech giant Swiggy has raised INR 10,000 Cr (around $1.2 Bn) through its qualified institutional placement (QIP) by issuing 26.7 Cr equity shares. In an exchange filing, t... Read More
India, Dec. 11 -- Bengaluru-based VC firm BYT Capital has launched its maiden deeptech fund with a corpus of INR 180 Cr (about $20 Mn). The Category II AIF aims to back 18-20 startups with an average... Read More
India, Dec. 10 -- Update | December 10, 20:00 IST D2C mattress and furniture startup Wakefit's IPO closed with an oversubscription of 2.5X. The public issue received bids for 9.16 Cr shares against 3... Read More