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Meesho IPO Day 3: Issue Oversubscribed 17X So Far

India, Dec. 5 -- Ecommerce unicorn Meesho's IPO continued to see strong investor demand on the final day of bidding, with the issue getting oversubscribed 16.60X as of 12:30 IST. The public offering r... Read More


Nexus Venture Partners Closes $700 Mn Fund For Early Stage Bets

India, Dec. 4 -- Adding new capital to its India-US investment strategy, venture capital (VC) firm Nexus Venture Partners has closed its eighth fund at $700 Mn to back startups in India and the US. In... Read More


Nexus Venture Partners Closes $700 Mn Fund For Early Stage AI Bets

India, Dec. 4 -- Adding new capital to its India-US investment strategy, venture capital (VC) firm Nexus Venture Partners has closed its eighth fund at $700 Mn to back startups in India and the US. In... Read More


Zaggle To Invest INR 75 Cr In Fintech Startup Rio.Money Post Acquisition

India, Dec. 4 -- Listed fintech SaaS company Zaggle said it will invest INR 75 Cr in Bengaluru-based fintech startup Rivpe Technology, which operates Rio.Money, post its acquisition. In an exchange f... Read More


CoreOps.AI Raises $3.5 Mn To Help Enterprises Automate Workflows

India, Dec. 4 -- AI startup CoreOps.AI has raised $3.5 Mn (about INR 31 Cr) in its pre-Series A round led by Siana Capital Management, with participation from Kettleborough VC, Aroa Venture Partners a... Read More


Deeptech Startup Planys Technologies Bags INR 100 Cr To Accelerate Defence Tech Expansion

India, Dec. 4 -- Deeptech startup Planys Technologies has raised INR 100 Cr ($11.1 Mn) in a new funding round led by ace investor Ashish Kacholia and Alchemy Capital cofounder Lashit Sanghvi. The roun... Read More


Deeptech Startup Planys Technologies Bags INR 100 Cr To Accelerate Defencetech Expansion

India, Dec. 4 -- Deeptech startup Planys Technologies has raised INR 100 Cr ($11.1 Mn) in a new funding round led by ace investor Ashish Kacholia and Alchemy Capital cofounder Lashit Sanghvi. The roun... Read More


Ola Electric Slides 5% To Hit Fresh All-Time Low At INR 38.03

India, Dec. 3 -- Extending its losing streak for the fourth consecutive session, shares of EV maker Ola Electric slumped 5% to hit a fresh all-time low at INR 38.03 on the BSE today. This number repr... Read More


Meesho IPO: Zero Commission Model In Focus After INR 2,440 Cr Anchor Round

India, Dec. 2 -- India's IPO pipeline is showing no signs of cooling down, with subscriptions for Meesho's public issue set to open on Wednesday, December 3. The ecommerce major has raised INR 2,439.... Read More


Wherehouse.io Cofounder Detained By Delhi Police

India, Dec. 2 -- Supply chain intelligence startup Wherehouse.io's cofounder Vaibhav Chawla was detained by the Delhi Police for unspecified reasons, sources told Inc42. The development comes just da... Read More