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Infibeam Closes INR 700 Cr Rights Issue With 1.4X Oversubscription

India, July 15 -- Fintech company Infibeam Avenues has closed its INR 700 Cr rights issue with an oversubscription of 1.4X. The issue was structured as a 67:267 rights issue, which means existing shar... Read More


Will UPI Underdogs CRED, Navi, Groww And Others Actually See The MDR Boost?

India, July 15 -- Will the MDR tide lift all UPI apps? That's the big question as we enter the critical phase of discussions and consultations around monetisation of UPI payments in India. The absenc... Read More


Beyond The Top Apps: Will MDR On UPI Lift CRED, Navi, Groww And Others?

India, July 15 -- Will the MDR tide lift all UPI apps? That's the big question as we enter the critical phase of discussions and consultations around monetisation of UPI payments in India. The absenc... Read More


Tesla Drives Into India With Pricey Model Y

India, July 15 -- After four long years of wait, EV giant Tesla has officially launched in India. The Elon Musk-led company has driven into the Indian roads via its electric midsize SUV Tesla Model Y.... Read More


New-Age Tech Stocks Shine In A Bearish Market, CarTrade Biggest Gainer This Week

India, July 13 -- New-age tech stocks defied the bearish sentiment in the broader Indian equity market this week. A majority of new-age tech stocks under Inc42's coverage ended the week in the green, ... Read More


Quick Fashion Startup Blip Shuts Shop

India, July 12 -- Just over a year after beginning operations, fashion quick commerce startup Blip has shut shop. Incidentally, the startup was one of the first to launch the quick delivery model for ... Read More


[Update] Tesla To Open Maiden India Showroom On July 15, Deliveries From Aug

India, July 12 -- Update | July 12, 02:25 AM EV major Tesla is likely to begin the deliveries of its cars in India by late August. Citing sources, Bloomberg reported that customers will be able to c... Read More


From Infinity Fincorp To Chai Bisket - Indian Startups Raised $133 Mn This Week

India, July 12 -- Funding momentum across the Indian startup ecosystem witnessed a slight dip after two weeks of heightened investor activity. Between July 7 and 12, startups raised $132.9 Mn across 1... Read More


Smartworks Faces Valuation Inflation, Other Allegations Amid Ongoing IPO

India, July 11 -- In the midst of its initial public offering (IPO), coworking space provider Smartworks intimated markets regulator SEBI of an appeal filed against its promoter entities NS Niketan LL... Read More


Smartworks Denies Valuation Inflation, Other Allegations Amid Ongoing IPO

India, July 11 -- In the midst of its initial public offering (IPO), coworking space provider Smartworks intimated markets regulator SEBI of an appeal filed against its promoter entities NS Niketan LL... Read More