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Wealthtech Startup Jar Halves FY25 Loss To INR 50.5 Cr

India, Nov. 29 -- Tiger Global-backed wealthtech startup Jar managed to slash its consolidated net loss by half to INR 50.5 Cr in the financial year 2024-25 (FY25) from INR 104 Cr in the previous fisc... Read More


Aequs IPO: Price Band Set At INR 118-124

India, Nov. 28 -- Contract manufacturing company Aequs has set the price band for its IPO, set to open on December 3 (Wednesday), at INR 118 to INR 124. The anchor bidding will take place on Tuesday ... Read More


Meesho Sets IPO Price Band At INR 105-111, Seeks $5.6 Bn Valuation

India, Nov. 28 -- Ecommerce major Meesho has set a price band of INR 105 to INR 111 for its initial public offering (IPO), which is set to open on December 3 (Wednesday). At the upper end of the pric... Read More


Cracking The Weekend Economy: How Misfits Is Capturing The "Idle Hours" Market

India, Nov. 28 -- With fleeting attention spans, it's no wonder that many people complain about getting bored too quickly or not being able to find the time to pursue their passions. But, taking this... Read More


Exclusive: NEWME To Raise $12 Mn From Point72 Ventures, Accel

India, Nov. 27 -- Women-focussed fast-fashion brand NEWME is in discussions with investors to raise $12 Mn (about INR 107.3 Cr) in its Series B funding round, sources told Inc42. Existing investors A... Read More


ED Arrests WinZO Cofounders In Money Laundering Case

India, Nov. 27 -- The Enforcement Directorate (ED) has reportedly arrested gaming startup WinZO's cofounders Saumya Singh Rathore and Paavan Nanda under the sections of the Prevention of Money Launder... Read More


India Eyes Self-Reliance With INR 7,280 Cr Rare Earth Magnet Manufacturing Scheme

India, Nov. 27 -- With an eye on reducing dependence on imports, the Union Cabinet has approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with an allocation of INR... Read More


India Eyes Self-Reliance With INR 7,280 Cr Rare Earth Magnet Scheme

India, Nov. 27 -- With an eye on reducing dependence on imports, the Union Cabinet has approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with an allocation of INR... Read More


AdvantEdge's Maiden Fund Reaps 11X Returns, Buoyed By Rapido Partial Exit

India, Nov. 26 -- Mobility-focussed venture capital (VC) firm AdvantEdge Founders claims to have clocked 11X returns from its maiden fund (AdvantEdge Fund I). This came largely on the back of the inve... Read More


Google, Accel Partner To Back Early Indian AI Startups

India, Nov. 25 -- Google's AI Future Fund is partnering with venture capital firm Accel's pre-seed investment programme Atoms to launch a new India cohort, aiming to fuel the next wave of pre-seed AI ... Read More