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[Update] Meesho IPO: Issue Subscribed 2.35X On Day 1

India, Dec. 3 -- Updated | December 03, 18:20 IST The public issue of Meesho saw strong investor interest on the first day of bidding and was oversubscribed 2.35X. It received bids for 65.4 Cr shares... Read More


Funds Worth Over $12.1 Bn+ Launched For Indian Startups In 2025

India, Dec. 3 -- India's startup ecosystem hit a turning point last year, with 13 new-age tech companies, including Swiggy, FirstCry and Go Digit, going public. This IPO momentum fuelled a wave of new... Read More


IIT Bombay To Host 50K Attendees, 1,000+ Startups At E-Summit 2025

India, Dec. 3 -- The Entrepreneurship Cell of IIT Bombay is set to host the 21st edition of its annual E-Summit on December 11-12, 2025. The event will focus on on-the-spot funding pitches, sector-foc... Read More


Mirror Security Bags $2.5 Mn To Boost AI Cybersecurity Solutions

India, Dec. 3 -- AI security startup Mirror Security has raised $2.5 Mn (about INR 22.5 Cr) in a pre-seed funding round led by Sure Valley Ventures and Atlantic Bridge. With the fresh funds, the star... Read More


PhonePe In 2025: Escaping The UPI Paradox To Chase Profits

India, Dec. 3 -- If scale were the sole metric of success, PhonePe's 2025 would be an open-and-shut case of everything going just according to plan. Commanding a staggering 46% of India's UPI market,... Read More


Pine Labs Retains Profitability In Q2, Posts INR 6 Cr PAT

India, Dec. 3 -- Recently listed Pine Labs reported a net profit of INR 6 Cr in Q2 FY26 as against a net loss of INR 32 Cr in the year-ago period. Sequentially, the company's profit rose 25% from INR ... Read More


Ola Electric Slides 5% To Hit Fresh All-Time Low At INR 38.03

India, Dec. 3 -- Extending its losing streak for the fourth consecutive session, shares of EV maker Ola Electric slumped 5% to hit a fresh all-time low at INR 38.03 on the BSE today. This number repr... Read More


Aequs IPO Oversubscribed 1.77X On Day 1 So Far

India, Dec. 3 -- Contract manufacturing company Aequs initial public offerings (IPO) opened on a good note today, getting oversubscribed within hours of opening. As of 13:15 IST, the issue received bi... Read More


How Centre's Revision Of Criteria For Small Companies Will Help Startups

India, Dec. 3 -- The Ministry of Corporate Affairs (MCA) has revised upwards the criteria for entities to qualify as a small company. As per a notification issued by the ministry, an entity with a pai... Read More


No Applications Received Under E4W Manufacturing Scheme: Govt

India, Dec. 3 -- Minister of State (MoS) for heavy industries Bhupathiraju Srinivasa Varma yesterday confirmed that the government failed to receive any applications under the Scheme for Promotion of ... Read More