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Klassroom IPO: Issue Subscribed 40% On Day 1 So Far

India, July 31 -- Edtech startup Klassroom's initial public offering (IPO) saw robust investor demand within hours of opening. As of 12:51 IST, investors placed bids for 7.01 Lakh shares against a to... Read More


[Update] Klassroom IPO: Issue Subscribed 73% On Day 1

India, July 31 -- Update | July 31, 19:51 IST The public issue of edtech company Klassroom ended day one with a subscription of 73%. As per BSE data, the IPO received bids for 12.92 Lakh shares again... Read More


Now, Zee Moves Delhi HC Against Blinkit Over Alleged Copyright Violation

India, July 30 -- Zee Entertainment Enterprises Ltd (ZEEL) has moved the Delhi High Court against quick commerce major Blinkit, alleging content uploaded on the quick commerce giant's Instagram accoun... Read More


Bengaluru Restaurants' Push Back Gives Rapido's Ownly An Opening Against Swiggy, Zomato

India, July 30 -- For years, restaurants have complained about the commissions, visibility charges, and other fees levied by food delivery platforms. But with little competition to Swiggy and Eternal-... Read More


Bengaluru Restaurants' Pushback Gives Rapido's Ownly An Opening Against Swiggy, Zomato

India, July 30 -- For years, restaurants have complained about the commissions, visibility charges, and other fees levied by food delivery platforms. But with little competition to Swiggy and Eternal-... Read More


Sid's Farm Secures Rs.81 Cr To Strengthen Dairy Supply Chain

India, July 30 -- Dairy startup Sid's Farm has raised Rs.81 Cr ($8.5 Mn) in a pre-Series B funding round from existing backers Omnivore, Narotam Sekhsaria Family Office (NSFO), alongside new investors... Read More


Centre Sets Up Inter-Ministerial Group To Form Financial Cybersecurity Strategy

India, July 28 -- Amid growing risks posed by AI models and rapid digitisation of banking and payments, the central government has constituted an inter-ministerial group (IMG) to formulate a comprehen... Read More


Inflexor Ventures Marks First Close of Fund III At Rs.400 Cr

India, July 28 -- Tech-focused VC firm Inflexor Ventures has marked the first close of its Rs.1,250 Cr Inflexor Technology Discovery Fund at Rs.400 Cr ($41.8 Mn). Limited partners (LPs) that backed t... Read More


EV Manufacturer Omega Seiki Nets Rs.50 Cr To Expand Capacity

India, July 27 -- Electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured Rs.50 Cr ($5.2 Mn) in a fresh funding round from Saket Aggarwal Family Office, Securocorp Securities, angel inves... Read More


HCLTech Announces $1.5 Bn Investment To Build Maiden AI Data Centre In Odisha

India, July 24 -- IT major HCLTech has signed a memorandum of understanding (MoU) with its invested company Sarvam AI and the Odisha government to set up an AI data centre within the state. The planne... Read More