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IPO-Bound Fractal Proposes To Build India's First Reasoning AI Model

India, March 25 -- Riding on the AI wave, IPO-bound Fractal Analytics is looking to build India's first large reasoning model (LRM) with a total investment of INR 118 Cr, its chief AI Research and Pla... Read More


BharatPe Achieves Adjusted EBITDA Breakeven In Apr-Dec FY25

India, March 25 -- Fintech unicorn BharatPe posted a consolidated net loss of INR 149 Cr and achieved breakeven on an adjusted EBITDA level in the first nine months of FY25 (9M FY25), ratings agency I... Read More


Apna Mart To Raise $25 Mn As 15-Minute Delivery Race Heats Up

India, March 25 -- Franchisee-driven quick commerce startup Apna Mart is looking to raise INR 214.3 Cr (around $25 Mn) in a funding round led by Nandan Nilekani-led Fundamentum Partnership. Existing ... Read More


Exclusive: Healthtech Startup Dozee Raises $8 Mn To Accelerate Global Expansion

India, March 25 -- Healthtech startup Dozee, backed by Prime Venture Partners, 3one4 Capital, among others, has raised INR 71.5 Cr (about $8.3 Mn) in a mix of equity and debt, sources told Inc42. As ... Read More


Honasa Consumer Surges 11% Amid Broader Market Rally

India, March 24 -- Shares of Honasa Consumer, the parent of D2C brands Mamaearth, BBlunt, and The Derma Co., surged nearly 11% today to reach an intraday high at INR 244.40 apiece on the BSE. The sur... Read More


Foxconn-HCL JV Seeking EPC Partner For Semiconductor Plant

India, March 24 -- Taiwanese chipmaker Foxconn and HCL Group are potentially seeking an engineering, procurement and construction (EPC) partner for their joint semiconductor facility to be set up in U... Read More


SEBI Mulls Relaxation In Rules For Stock Brokers To Operate From GIFT City

India, March 22 -- SEBI is considering doing away with the requirement for stock brokers to get specific approval from the markets regulator to operate from the International Financial Services Centre... Read More


SIDBI To Manage INR 1K Cr Spacetech Fund: IN-SPACe

India, March 21 -- SIDBI Venture Capital has been selected as the fund manager for the INR 1,000 Cr venture capital fund announced by the government to back homegrown spacetech startups. The Indian N... Read More


SEBI May Allow Founders To Hold ESOPs Even After Startup Goes Public

India, March 21 -- The Securities and Exchange Board of India (SEBI) has proposed allowing startup founders to hold employee stock options (ESOPs) even after the company goes public. The markets regu... Read More


Allianz Eyes JV With Jio Financial Services After Ending Alliance With Bajaj Group

India, March 19 -- After ending its 24-year joint venture with Bajaj Group, German insurer Allianz SE is eyeing a second innings in India's general and life insurance market - this time in partnership... Read More