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Can Zepto's Revenue Engine Outrun Quick Commerce Costs?

India, Aug. 14 -- In 2021, when much of India was still getting used to ordering groceries online, two teenage Stanford dropouts, Aadit Palicha and Kaivalya Vohra, entered the market with a propositio... Read More


Why Infra.Market Is Using Shalimar Paints To Reach The IPO Milestone

India, Aug. 14 -- The Infra.Market IPO was never easy to follow. It all started with RDC Concrete. In 2021, Infra.market acquired RDC Concrete from True North for around Rs.730 Cr, and for a while, t... Read More


Why Infra.Market Is Piggybacking Shalimar Paints For Its IPO Ambitions

India, Aug. 14 -- The Infra.Market IPO was never easy to follow. It all started with RDC Concrete. In 2021, Infra.market acquired RDC Concrete from True North for around Rs.730 Cr, and for a while, t... Read More


Rapido Bags Karnataka Cab Aggregator Licence Till 2031

India, Aug. 14 -- Mobility unicorn Rapido has secured the cab aggregator licence from the Karnataka State Transport Authority. Granted under the Karnataka On-Demand Transportation Technology Aggregat... Read More


Shiprocket IPO Subscribed 25.8X So Far On Final Day Of Bidding

India, Aug. 14 -- Ecommerce enablement platform Shiprocket's Rs.1,617.5 Cr IPO was subscribed 25.8X as of 13:06 IST on the final day of bidding, as demand accelerated across investor categories. The ... Read More


Peak XV Leads $45 Mn Bet On US-Based AI Code Testing Startup Blacksmith

India, Aug. 14 -- Peak XV Partners led a $45 Mn Series B funding round of San Francisco-based AI code testing startup Blacksmith at a valuation of $550 Mn, as the VC firm steps up investments in US-ba... Read More


ixigo To Sell 17.39% Fresh Bus Stake For Rs.36.6 Cr

India, Aug. 14 -- Listed traveltech company ixigo has agreed to sell a 17.39% stake in electric intercity bus startup Fresh Bus to Twelve Stone LLP for Rs.36.6 Cr. In an exchange filing, ixigo's pare... Read More


IPO-Bound Infra.Market Eyes Reverse Listing Via Shalimar Paints In Rs.10,440 Cr Share Swap

India, Aug. 13 -- Building materials unicorn Infra.Market is exploring a reverse-listing route through Shalimar Paints, with the listed paints company considering acquiring equity shares and CCPS of I... Read More


IPO-Bound Infra.Market Eyes Reverse Listing Via Shalimar Paints In Rs.10,545 Cr Deal

India, Aug. 13 -- Building materials unicorn Infra.Market is exploring a reverse-listing route through Shalimar Paints, with the listed paints company considering acquiring equity shares and CCPS of I... Read More


Zetwerk Files UDRHP For Rs.2,600 Cr IPO

India, Aug. 13 -- Bengaluru-based startup Zetwerk has filed its updated draft red herring prospectus (UDRHP), months after the markets regulator SEBI cleared its confidential filing. The proposed init... Read More