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Exclusive: With Reverse Flip In Cart, Livspace Nets INR 427 Cr From Singapore Parent

India, April 28 -- Home decor startup Livspace has secured INR 427.21 Cr (around $50 Mn) in internal funding from its Singapore-based parent entity as it looks to move its domicile back to India, sour... Read More


Ather Energy IPO: Retail Portion Subscribed 50% On Day 1 So Far

India, April 28 -- The initial public offering (IPO) of electric two-wheeler maker Ather Energy is witnessing steady demand from retail investors, who have subscribed 50% of the portion reserved for t... Read More


Exclusive: DeHaat Raises INR 200 Cr Debt For Geographic Expansion

India, April 25 -- Agritech soonicorn DeHaat has raised INR 200 Cr (around $23.4 Mn) in venture debt from Trifecta Capital. DeHaat's board issued 1,000 non-convertible debentures (NCDs) at INR 10 Lak... Read More


Ather Energy Sets Price Band Of INR 304-321 For IPO

India, April 23 -- EV major Ather Energy has set a price band of INR 304 to INR 321 per share for its initial public offering (IPO) that will open for subscription on April 28. The anchor investor bi... Read More


Exclusive: Flipkart Internet Receives INR 533 Cr From Singapore Parent

India, April 23 -- Flipkart Internet, the marketplace arm of Walmart-owned Flipkart, has secured INR 533 Cr (around $62 Mn) funding from its Singapore-based parent entity Flipkart Marketplace Private ... Read More


Now, BluSmart Ropes In Grant Thornton For Forensic Audit

India, April 23 -- EV ride-hailing startup BluSmart has reportedly roped in Grant Thornton to conduct a forensic audit of its books after markets regulator SEBI found that two of its cofounders - Anmo... Read More


Exclusive: Mensa Brands To Raise INR 48 Cr Debt From Stride Ventures

India, April 21 -- Tiger Global-backed house of brands startup BRND.ME (formerly Mensa Brands) is raising INR 48 Cr (around $5.6 Mn) debt funding from existing investor Stride Ventures. The unicorn's... Read More


MobiKwik Partners Poonawalla Fincorp To Offer Instant Personal Loans

India, April 21 -- Listed fintech startup MobikWik has partnered with Poonawalla Fincorp to offer instant personal loans of up to INR 15 Lakh to its customers. Through this partnership, MobiKwik will... Read More


In A Blow To BYJU'S, NCLAT Says Creditors Have 'Liberty' To Decide On INR 158 Cr Settlement With BCCI

India, April 18 -- The National Company Law Appellate Tribunal (NCLAT) has disposed of a petition filed by Riju Ravindran seeking to block lenders of troubled edtech startup BYJU'S from deciding on a ... Read More


Exclusive: Varthana Bags INR 75 Cr Debt Funding From OfBusiness, Oxyzo

India, April 17 -- Education-focussed non-banking finance company (NBFC) Varthana has raised INR 75 Cr (about $8.7 Mn) in a debt funding round co-led by B2B ecommerce startup OfBusiness and its financ... Read More