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Moneyview IPO: Ribbit Capital Bags 11.85X Return, Tiger Global Scores 3.42X

India, Sept. 30 -- Moneyview's IPO unlocked sizable gains for early investors, with Ribbit Capital fetching 11.85X its acquisition cost and Tiger Global realising 3.42X return on shares sold through t... Read More


[Update] AceVector IPO: Issue Subscribed 1.15X On Day 2

India, Sept. 28 -- Update | September 28, 17:44 IST AceVector's Rs.420 Cr IPO ended the second day of bidding with full subscription. TIll now, investors have placed bids for 8.56 Cr shares against t... Read More


PB Fintech Sheds Over Rs.34K Cr In M-Cap In 3 Sessions, Turtlemint Loses Rs.1,549 Cr

India, Sept. 28 -- Shares of insurtech companies Turtlemint and PB Fintech continued to spiral today, losing over Rs.35,705 Cr in cumulative market capitalisation over the past three trading sessions.... Read More


Snapdeal Parent AceVector's IPO Subscribed 96% On Day 2 So Far

India, Sept. 28 -- Snapdeal parent AceVector's Rs.420 Cr IPO has been subscribed 96% as of 14:33 IST on the second day of bidding, with investors placing bids for 7.16 Cr shares against the 7.42 Cr sh... Read More


SC Refuses To Stay UPI MDR, Seeks Centre's Response On Rs.2,000 Threshold

India, Sept. 28 -- The Supreme Court today refused to stay the Centre's decision to introduce merchant discount rate (MDR) charges on select UPI payments above Rs.2,000, while seeking responses on the... Read More


ED Attaches Another Rs.442 Cr Assets In Gameskraft's RummyCulture Probe

India, Sept. 28 -- The Enforcement Directorate (ED) has provisionally attached movable and immovable assets worth around Rs.442.35 Cr in the money laundering case involving Gameskraft Technologies, th... Read More


OpenAI Pauses Training Of Top Models After Agent Bypasses Internet Restrictions

India, Sept. 28 -- OpenAI has paused training, evaluation, and tool-enabled inference for its most capable AI models after an internal research agent bypassed internet restrictions and accessed an ext... Read More


From Ultraviolette Automotive To GalaxEye - Indian Startups Raised Over $203 Mn This Week

India, Sept. 26 -- Funding activity remained strong as Indian startups raised a combined $203.4 Mn across 21 deals between September 21 and September 25. This was 3.4X higher than $58.9 Mn raised by 1... Read More


Ride-Hailing Fear: Inside Bharat Taxi Coercion Allegations In Gujarat

India, Sept. 26 -- "I wanted to reach my hotel and did not feel comfortable cancelling the ride at midnight, but they were not allowing us to leave." A passenger who arrived in Ahmedabad from Pune to... Read More


Rivet Bags $10.5 Mn From Peak XV, Others To Scale Dating Platform In US

India, Sept. 25 -- Dating startup Rivet has raised $10.5 Mn (about Rs.100.6 Cr) in seed funding from Peak XV Partners, Shine Capital, and Blume Ventures to build and scale its community-driven matchma... Read More