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ArisInfra Files Papers for INR 500 Cr IPO; Issue To Open On June 18

India, June 12 -- Nearly seven months after receiving the SEBI's green light, B2B ecommerce company ArisInfra has filed its red herring prospectus (RHP) to raise about INR 500 Cr from the public marke... Read More


Rekha Jhunjhunwala Offloads 30 Lakh Shares Of Nazara

India, June 11 -- Rekha Jhunjhunwala, wife of late billionaire investor Rakesh Jhunjhunwala, sold 29.75 Lakh shares of gaming major Nazara Technologies in the month of June till now. While she offloa... Read More


Meesho Set for Confidential IPO Filing In Coming Weeks

India, June 11 -- Days after getting the approval of its board to convert into a public company, ecommerce major Meesho is now set to file its IPO papers in a few weeks via the confidential route. As... Read More


Meesho To File IPO Papers In Few Weeks Via Confidential Route

India, June 11 -- Days after getting the approval of its board to convert into a public company, ecommerce major Meesho is now set to file its IPO papers in a few weeks via the confidential route. As... Read More


Infibeam To Use Proceeds Of INR 700 Cr Rights Issue To Bolster AI Play

India, June 10 -- Fintech company Infibeam Avenues has filed a draft letter of offer to raise INR 700 Cr via a rights issue to invest in its subsidiaries Infibeam Projects, AI arm Nueromind Technologi... Read More


CRED Raises $72 Mn In A Down Round From GIC, Others

India, June 10 -- Kunal Shah-led fintech unicorn CRED has raised INR 617 Cr (about $72 Mn) in a down round led by Singapore sovereign wealth fund GIC's Lathe Investment. In what appears to be a Serie... Read More


Zee Invests In Content Startup Bullet To Enter Microdrama Universe

India, June 9 -- Amid the growth of microdramas in India, media giant Zee Entertainment is investing in content startup Bullet to enter the 60-second drama content space. In a statement, Zee said it ... Read More


Centre Approves Micron's INR 13K Cr Semiconductor SEZ In Gujarat

India, June 9 -- Days after the Centre amended the rules for special economic zones (SEZ) to boost semiconductor and electronics manufacturing in the country, the Union government has approved the pro... Read More


New-Age Tech Stocks' M-Cap Surges $5 Bn, FirstCry & Eternal Gain Big

India, June 8 -- The Indian equity market ended the week with a strong rally following the RBI's decision to cut repo rate by 50 basis points (bps). In line with this, new-age tech stocks under Inc42'... Read More


From Snitch To Stable Money - Indian Startups Raised $134 Mn This Week

India, June 7 -- The volatility in the funding trends across the Indian startup ecosystem continued in the first week of June. After plunging significantly in the last week of May, investment activity... Read More