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Wakefit Converts Into Public Entity In Run-Up To IPO

India, June 9 -- Bengaluru-based D2C furniture and mattress startup Wakefit has converted into a public company as readies for an initial public offering (IPO). As per the startup's MCA filing access... Read More


Cryptos Likely To Hamper Financial Stability, Says RBI Governor

India, June 6 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra said on June 6 that cryptocurrencies may affect the country's financial stability. Malhotra was replying to a question at a media... Read More


OYO To Expand Its Company-Serviced Hotels To Drive Revenue

India, June 6 -- Hospitality giant OYO is looking to expand its company-serviced hotels like Townhouse and SUNDAY to boost revenue. OYO is aiming to increase the booking revenue of such hotels from 2... Read More


Bhavish Aggarwal Tops Up Collateral With INR 20 Cr As Ola Electric Stock Skids

India, June 5 -- Ola Electric founder and chief executive Bhavish Aggarwal has reportedly paid around INR 20 Cr ($2.3 Mn) in cash to top up collateral for borrowings against shares on back of a sustai... Read More


Feminine Hygiene Startup Plush Nets INR 40 Cr

India, June 5 -- Feminine hygiene D2C startup Plush has raised INR 40 Cr (around $4.6 Mn) in its Series B funding round led by Premji Invest's former senior partner Rahul Garg. The round saw particip... Read More


Gaurav Munjal Likely To Hold Larger Stake In Airlearn Post Spin Off

India, June 5 -- Gaurav Munjal might hold a larger stake in Unacademy's artificial intelligence-powered language learning app Airlearn than he currently holds in the parent entity. A Mint report, cit... Read More


Swiggy Shares Rally 7% After Morgan Stanley Initiates Coverage With 'Overweight' Rating

India, June 4 -- Swiggy's shares surged over 7% to INR 357.55 during the intraday trading session on the BSE today following Morgan Stanley's initiation of coverage with an 'overweight' rating. With ... Read More


[Update] Swiggy Shares Rally 9% After Morgan Stanley Initiates Coverage With 'Overweight' Rating

India, June 4 -- Update | June 04, 04:30 PM Shares of Swiggy surged over 9% to INR 365 during the intraday trading session on the BSE today following Morgan Stanley's initiation of coverage with an '... Read More


Paytm Floats Singapore Subsidiary After UAE Foray

India, June 3 -- After incorporating a subsidiary for the United Arab Emirates (UAE), Paytm today announced incorporation of Paytm Singapore. The fintech giant's arm Paytm Cloud Technologies Limited ... Read More


NCLT Notices To BluSmart, Gensol On Fresh Insolvency Petitions

India, June 3 -- The National Company Law Tribunal (NCLT) has reportedly issued notices to BluSmart Mobility and Gensol Engineering on fresh insolvency petitions by creditors over alleged unpaid dues.... Read More