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From CityMall To FirstClub - Indian Startups Raised $186 Mn This Week

India, Sept. 6 -- After showing signs of recovery in the final week of August, Indian startup funding surged further in the first week of September. Twenty startups cumulatively raised $186.1 Mn in th... Read More


LEAP India DRHP: A Look At Shareholding Pattern & Key Executives

India, Sept. 6 -- Supply chain solutions provider LEAP India filed its draft red herring prospectus (DRHP) with SEBI last week to raise INR 400 Cr through a fresh issue of shares. The initial public o... Read More


GST Reforms: Booster Shot For D2C Startups, New-Age Brands?

India, Sept. 6 -- India's biggest overhaul of the Goods and Services Tax (GST) since the 2017 rollout has reset the playing field for businesses, from traditional FMCG giants to emerging D2C brands. ... Read More


Turtlemint Confidentially Files IPO Papers With SEBI

India, Sept. 6 -- Insurtech startup Turtlemint has confidentially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). ". The company has filed the pr... Read More


Will GST 2.0 Light Up Ecommerce Festive Season Sales?

India, Sept. 6 -- If you ask some ecommerce startups in India, Diwali has come early this year with the Centre announcing a bumper sale on the Goods And Services Tax rates. On 15th August this year, ... Read More


Ola Electric Slumps 6% After SoftBank Dilutes Stake

India, Sept. 5 -- Shares of Ola Electric slumped as much as 6% to INR 60.70 during the early trading hours on the BSE today, a day after SoftBank said it has decreased its stake in the company. The i... Read More


Ola Electric's Auditor Flags Inventory Control Lapses, Employee Fraud In FY25

India, Sept. 5 -- In Ola Electric's FY25 annual report, its statutory auditors flagged 'material weakness' for in-physical verification of scooters at its stores and state distribution centres for one... Read More


End Of An Era: Freshworks Founder Girish Mathrubootham Exits

India, Sept. 5 -- Over a year after he transitioned to the role of executive chairman from CEO, Freshworks Girish Mathrubootham is exiting the SaaS major. In an SEC filing, Freshworks said that Mathr... Read More


BlueStone's Q1 Scorecard, Gupshup Axes 100 Jobs & More

India, Sept. 5 -- BlueStone's Lacklustre Q1 Show BlueStone's maiden financial results as a listed company showed glittering sales blemished by persistent losses. Even though the losses fell sequentia... Read More


DevX IPO: Price Band Set At INR 56-61

India, Sept. 5 -- Coworking space provider DevX (Dev Accelerator Ltd) has set a price band of INR 56 to INR 61 per share for its initial public offering (IPO) that will open for subscription on Septem... Read More