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Smartworks IPO: Issue Subscribed 17% On Day 1 So Far

India, July 10 -- The IPO of managed workspace provider Smartworks got off to a slow start, with the issue subscribed 17% till 12 PM on the first day of bidding. According to the BSE data, the IPO re... Read More


Chai Bisket Raises $5 Mn To Launch Microdrama OTT Platform

India, July 9 -- Digital content startup Chai Bisket has raised $5 Mn in its seed funding round led by InfoEdge Ventures and General Catalyst to launch a regional-first OTT platform called Chai Shots.... Read More


Exclusive: Infra.Market Acquires Majority Stake In Metro Group To Strengthen Its Tile Biz

India, July 8 -- IPO-bound building materials platform Infra.Market has picked up a majority stake in Metro Group, a ceramic tiles manufacturing company, in a share swap deal worth INR 200 Cr, the com... Read More


Ahead Of IPO, Captain Fresh Converts Into A Public Entity

India, July 7 -- Meat and seafood startup Captain Fresh has converted into a public company, marking a major step in preparation for its initial public offering (IPO). In a filing with the Ministry o... Read More


Smartworks IPO: Price Band Set At INR 387-407

India, July 7 -- Coworking company Smartworks has set a price band of INR 387 to INR 407 per share for its initial public offering (IPO) that will open for subscription on July 10 and close on July 14... Read More


Exclusive: IPO-Bound InMobi Bags INR 32 Cr From Cofounders

India, July 5 -- SoftBank-backed adtech unicorn InMobi has raised INR 32 Cr (about $3.7 Mn) from its cofounders - Naveen Tewari, Abhay Singhal, Piyush Shah, and Mohit Saxena - and Singarpore-based Vat... Read More


Exclusive: InCred Finance Bags INR 400 Cr Debt Funding From Morgan Stanley, Others

India, July 3 -- InCred Group's lending arm, InCred Finance, has raised a debt funding of INR 400 Cr (around $46.8 Mn) from Morgan Stanley, Nippon Life India, among others. Besides, it bagged an equit... Read More


Zomato Long-Distance Fee: NRAI To Act On Restaurants' Complaints

India, July 3 -- After a flood of complaints from restaurants about Zomato's newly introduced long-distance service fee, the National Restaurant Association of India (NRAI) has decided to discuss the ... Read More


Nykaa Shares Slump 5% After Likely Block Deal Worth INR 1,210 Cr

India, July 3 -- Shares of Nykaa plunged as much as 5% to INR 201 during the early trading hours today after a large block deal. As per a CNBC TV18 report, Nykaa shares worth over INR 1,210 Cr change... Read More


Pine Labs To Appoint Avendus Capital's Sameer Kamath As CFO

India, July 2 -- In the run up to the IPO, Pine Labs is roping in Sameer Kamath as its new chief financial officer, according to an ET report. This comes just days after the startup filed its draft re... Read More