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W Health Ventures Launches $70 Mn Fund To Back 8-10 Healthtech Startups

India, July 30 -- Healthtech-focussed VC firm W Health Ventures has launched its second fund with a target corpus of $70 Mn (INR 609 Cr). The fund will also have a greenshoe option of $30 Mn (INR 261 ... Read More


Reliance Eyes $6 Bn IPO For Jio Infocomm

India, July 30 -- Adding on to what seems to be a perennial discussion about the IPO of India's leading telecom provider Reliance Jio Infocomm, its parent Reliance Industries Ltd (RIL) has now reporte... Read More


Vahan.ai Bags Strategic Investment From Temasek's LemmaTree, Buys L.earn

India, July 30 -- AI recruitment platform for blue-collar workers Vahan.ai has bagged a strategic investment from Temasek-founded investment firm LemmaTree. Alongside this transaction, Vahan.ai has al... Read More


Edtech Startup SpeakX To Raise $11 Mn From Elevation, WestBridge & Others

India, July 30 -- AI-based edtech startup SpeakX (erstwhile Yellow Class) is set to raise $11 Mn (around INR 96 Cr) in its Pre-Series B funding round from existing investor Elevation Capital, while We... Read More


HSBC Initiates Coverage On Ather With 'Buy' Rating

India, July 30 -- Shares of Ather Energy jumped almost 4% to INR 358.05 in the morning trade on the BSE after HSBC initiated coverage on the electric two-wheeler manufacturer with a 'Buy' rating. The... Read More


OYO Vs Zostel: SC Junks Hostel Chain's Appeal Against Delhi HC Order

India, July 30 -- The Supreme Court (SC) has refused to entertain an appeal filed by hostel chain Zostel against a Delhi High Court (HC) judgment that set aside a 2021 arbitral award against OYO's par... Read More


DeHaat Turns Profitable In Q1 FY26, Eyes Full Year Profitability

India, July 30 -- Peak XV Partners-backed agritech startup DeHaat turned profitable in the first quarter (Q1) of the ongoing fiscal year 2025-26 (FY26), company sources told Inc42. Without disclosing... Read More


Lenskart Files Draft Papers With SEBI For INR 2,150 Cr IPO

India, July 29 -- Omnichannel eyewear retailer Lenskart has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise up to INR 2,150 Cr via fresh issue of shares. The in... Read More


Elcid To Pick Up Stake In Zepto At Reduced Valuation Of $2.2 Bn: Report

India, July 29 -- Non-banking finance company (NBFC) Elcid Investments is reportedly picking up a 0.039% stake in quick commerce startup Zepto for INR 7.5 Cr. An Arc report said that the investment w... Read More


Elcid To Raise Stake In Zepto With INR 7.5 Cr Investment

India, July 29 -- Non-banking finance company (NBFC) Elcid Investments is increasing its stake in quick commerce giant Zepto by investing up to INR 7.5 Cr. Elcid is making the investment by subscribi... Read More