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ArisInfra IPO Day 2: Issue Subscribed 84% So Far

India, June 19 -- After ending the first day of its IPO with an overall subscription of 24%, driven primarily by retail investor enthusiasm, the second day of B2B ecommerce company ArisInfra Solutions... Read More


[Update] Elon Musk's Starlink Gets DoT Licence To Operate In India

India, June 19 -- Update | June 19, 02:08 AM Weeks after a report claimed that Elon Musk's Starlink had received a licence from the telecom ministry, communications minister Jyotiraditya Scindia has ... Read More


Paytm Approaches RBI To Settle Alleged FEMA Breach: Report

India, June 19 -- Paytm parent One97 Communications has reportedly filed a compounding application with the Reserve Bank of India to settle an ongoing case pertaining to alleged violations of the Fore... Read More


MobiKwik Shares Crash 10% As Lock-In Period Ends

India, June 18 -- Shares of MobiKwik slumped as much as 9.8% to INR 243 intraday today following the end of the six-month lock-in period for pre-IPO shareholders. According to Nuvama Alternative & Qu... Read More


[Update] ArisInfra IPO: Issue Subscribed 24% On Day 1

India, June 18 -- Update | June 18, 07:43 PM ArisInfra Solutions' IPO ended the first day of bidding with an overall subscription of 24%, with retail investors leading the pack. The portion reserved... Read More


ArisInfra IPO: Issue Subscribed 18% On Day 1 So Far

India, June 18 -- The IPO of B2B ecommerce company ArisInfra Solutions received a lukewarm response on the first day of bidding and was subscribed 18% till 3 PM on the first day of bidding. According... Read More


Saswat Nets $2.6 Mn For Financial Offerings To Micro Enterprises

India, June 17 -- Mumbai-based fintech startup Saswat Finance has secured $2.6 Mn (around INR 22.3 Cr) in a Pre-Series A funding round led by Ankur Capital, with participation from existing investor I... Read More


Zepto Defers IPO To Focus On Profitability, Boost Domestic Shareholding: Aadit Palicha

India, June 17 -- With recent reports suggesting that Zepto's IPO may be pushed to 2026, cofounder and CEO Aadit Palicha has implied that the delay is not due to a lack of readiness but because of a p... Read More


ideaForge Shares Up 8% Amid Rally In Defence Stocks

India, June 13 -- Shares of drone manufacturer ideaForge jumped as much as 8% to INR 599.60 during the early trading hours on the BSE today. This comes amid Israel-Iran conflict driving investor inte... Read More


Paytm Shares Slump 10% After Govt Dismisses MDR Speculation

India, June 12 -- Shares of Paytm parent One97 Communications tumbled as much as 10% to INR 864.40 during the early trade today following the finance ministry's clarification on reports about the poss... Read More