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Semicon Push: Kaynes, L&T Arm To Buy Fujitsu's Power Modules Biz

India, June 10 -- Kaynes Semicon and L&T Semiconductor Technologies (LTSTC) are set to acquire the power modules business of Japan's Fujitsu General Electronics for INR 118.32 Cr (around $13.8 Mn). A... Read More


Sanlayan Bags INR 186 Cr To Boost Indigenous Defence Tech Development

India, June 9 -- Defence tech startup Sanlayan Technologies has raised INR 186 Cr (approximately $30 Mn) as part of its Series A funding round led by Ashish Kacholia, cofounder of Hungama Digital, Las... Read More


Exclusive: Capillary Technologies Gets Board Nod For INR 2,250 Cr IPO

India, June 3 -- SaaS startup Capillary Technologies has received approval from its board to raise INR 2,250 Cr (around $263 Mn) through an initial public offering (IPO). The Warburg Pincus-backed co... Read More


Moneyview Sets The Stage For IPO, Converts Into Public Entity

India, June 3 -- Fintech unicorn Moneyview, which counts Accel, Tiger Global Management and Ribbit Capital among its backers, has converted into a public company as it readies for an initial public of... Read More


Meesho To Issue 411 Cr Bonus Shares Ahead of IPO

India, June 2 -- SoftBank-backed Meesho's shareholders have approved a proposal to issue 411.4 Cr bonus shares ahead of the ecommerce major filing its draft red herring prospectus (DRHP) with markets ... Read More


EV 2-Wheeler Registrations: TVS Retains Top Spot In May, Bajaj Zooms Past Ola Electric

India, June 2 -- Legacy automotive player TVS Motor held its ground against rivals Bajaj Auto and Ola Electric in India's electric two-wheeler market (E2W) in May, with registrations of its escooters ... Read More


Exclusive: Mobility Startup Chalo Raises INR 53 Cr From Cofounders, Others

India, May 30 -- Lightrock-backed bus technology platform Chalo Mobility has raised INR 52.5 Cr (about $6.1 Mn) in a funding round, which was a mix of equity and debt, from existing investor Filter Ca... Read More


Moneyview Renames Parent Entity Ahead Of IPO

India, May 29 -- In a strategic maneuver ahead of its potential initial public offering (IPO), fintech unicorn Moneyview has changed the name of its parent company from Whizdm Innovations Private Limi... Read More


Exclusive: Lendingkart To Raise INR 100 Cr Debt From InnoVen Capital

India, May 28 -- Fullerton-backed fintech soonicorn Lendingkart is raising INR 100 Cr (around $11.7 Mn) in venture debt from InnoVen Capital. The board of Lendingkart passed a resolution on May 14 to... Read More


Exclusive: Captain Fresh Appoints Three Independent Directors Ahead Of IPO

India, May 28 -- B2B meat and seafood startup Captain Fresh has appointed three new independent directors to its board as it readies to file its draft red herring prospectus (DRHP) with markets regula... Read More