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PE Giant TPG Sells Shadowfax Shares In A Rs.200 Cr Bulk Deal

India, Sept. 9 -- Private equity (PE) giant TPG yesterday offloaded Shadowfax shares worth Rs.200 Cr via an open-market transaction. According to BSE data, the PE major, via its entity NewQuest Asia ... Read More


Jio Targets September 2027 Test Launch For 1,600-Satellite LEO Network

India, Sept. 8 -- Reliance Jio is targeting September 2027 for the test launch of satellites for its proposed 1,600-satellite low Earth orbit (LEO) constellation, as the telecom giant steps up its sat... Read More


IPO-Bound RentoMojo Nets Rs.376 Cr From Anchor Investors

India, Sept. 8 -- Ahead of the commencement of the bidding for its public issue on September 9, furniture and appliance rental platform RentMojo has raised nearly Rs.376.1 Cr from anchor investors. I... Read More


US-Based Circle To Acquire Peak XV-Backed Tazapay

India, Sept. 8 -- Existing backer and US-based crypto platform Circle Internet Group has signed a definitive agreement to acquire Peak XV Partners-backed B2B cross-border payments startup Tazapay. Wh... Read More


PM Modi Urges Fintechs To Step Up Cybersecurity, Consumer Protection

India, Sept. 8 -- Prime Minister (PM) Narendra Modi has urged Indian fintech startups to further strengthen cybersecurity and consumer protection as the sector moves into its next phase of growth amid... Read More


Shiprocket's Mixed Q1, Purple Style Labs' Muted Listing & More

India, Sept. 8 -- Shiprocket Reins In Losses In Q1 Shiprocket's first quarterly results since listing show a startup inching closer to profitability. In Q1 FY27, the logistics giant's revenue rose, a... Read More


Bajaj Finance Picks Up 5% Stake in AI Video Startup TrueFan AI

India, Sept. 8 -- Bajaj Finance, the NBFC arm of Bajaj Finserv, has acquired a 5% stake in Delhi NCR-based AI video generation platform TrueFan AI. The company didn't disclose the investment it made t... Read More


GalaxEye Secures US Patent for Satellite Imaging Tech

India, Sept. 8 -- In a first for an Indian spacetech startup, GalaxEye has got a US patent for satellite imaging technology, securing its landmark intellectual property that had already been patented ... Read More


Beyond Shipping: Shiprocket's Emerging Bets Gather Pace

India, Sept. 8 -- Gurugram-based ecommerce enablement platform Shiprocket is starting to reap the benefits of business bets it began placing well before its stock market listing earlier this year. It... Read More


SEBI Extends Accredited Investor Compliance Timeline For Angel Funds Till March

India, Sept. 8 -- Markets regulator SEBI has extended the deadline for angel funds to comply with the new accredited investor mandate by nearly seven months until March 31, 2027 after receiving repres... Read More