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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


[Update] Elcid To Increase Stake In Zepto

India, July 29 -- Update | July 29, 1:26 PM Non-banking finance company (NBFC) Elcid Investments is increasing its stake to 0.039% in Zepto for INR 7.5 Cr. The current investment will value Zepto mo... Read More


CoinDCX's Sumit Gupta Denies Report Of Acquisition Talks With Coinbase

India, July 29 -- Crypto unicorn CoinDCX's founder Sumit Gupta has dismissed a report suggesting that US-based cryptocurrency major Coinbase is in advanced negotiations to acquire the company, which i... Read More


Exclusive: Tenacity Ventures Joins Exotel's Cap Table Via Secondary Transaction

India, July 29 -- Early and growth stage investment firm Tenacity Ventures has joined the cap table of AI-powered customer engagement platform Exotel via a secondary transaction, sources told Inc42. ... Read More


Zaggle To Acquire Rio.Money To Enter Consumer Credit Card Market

India, July 29 -- Fintech SaaS major Zaggle is acquiring fintech startup Rio.Money for INR 22 Cr to enter the consumer credit card market. In an exchange filing, Zaggle said it has signed a non-bindi... Read More