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AceVector Files Updated DRHP, Eyes INR 300 Cr Via Fresh Issue

India, Dec. 6 -- Snapdeal parent AceVector Group has filed its updated draft red herring prospectus (UDHRP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO)... Read More


From Ultraviolette To Furlenco- Indian Startups Raised $133 Mn This Week

India, Dec. 6 -- Amid heightened startup IPO activity, private funding in the Indian startup ecosystem took a downturn this week. Between December 1 and 5, 18 startups raised $132.7 Mn, marking a 32% ... Read More


Beyond The Hype: How AI And SaaS Will Co-Evolve

India, Dec. 6 -- Two decades ago, SaaS 1.0 presented the tech world with a new way of doing things. It replaced clunky, on-premise systems with cloud-based solutions that were accessible, scalable, an... Read More


OneCard Under RBI Scanner; New Card Issuance Suspended Across Banks

India, Dec. 6 -- In what is a major setback for fintech unicorn OneCard, the Reserve Bank of India (RBI) has reportedly asked all its partner banks to stop issuing co-branded credit cards with the sta... Read More


New-Age Tech Stocks Bleed This Week, Ola Electric & DroneAcharya Top Losers

India, Dec. 6 -- With consistent FII outflows and a declining rupee, the Indian equities market saw high volatility in the first week of December. Amid this, new-age tech stocks came under the bear's... Read More


Z47 Exits EV Maker Ola Electric

India, Dec. 6 -- Z47 (erstwhile Matrix Partners) has completely exited listed EV company Ola Electric. The VC firm's name doesn't appear in the list of Ola Electric's shareholders at the end of Septem... Read More


Zepto Turns Into A Public Entity, Eyes June 2026 IPO

India, Dec. 6 -- Quick commerce unicorn Zepto has reportedly received board approval to convert the private company into a public entity. The resolution "to approve the conversion from private limite... Read More


[Update] Meesho IPO Closes With 79X Oversubscription

India, Dec. 5 -- Update | December 05, 23:56 IST Meesho's IPO closed today with a healthy investor interest. The ecommerce major's public offering was oversubscribed 79.03X, receiving bids for 2,196.... Read More


IPO-Bound Wakefit Nets INR 580 Cr From Anchor Investors

India, Dec. 5 -- Ahead of the commencement of the bidding for its public issue on December 8, D2C furniture and mattress brand Wakefit has raised INR 580 Cr from anchor investors. As many as 33 inves... Read More


AAP MP Raghav Chadha Demands Ban On 10-Min Deliveries

India, Dec. 5 -- Aam Aadmi Party (AAP) member of parliament (MP) Raghav Chadha today called for a ban on quick commerce deliveries. Raising the issue during the Zero Hour of the Parliament, Chadha te... Read More