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Coworking Startup iSprout Bags INR 60 Debt From Tata Capital

India, Dec. 11 -- Hyderabad-based coworking startup iSprout has raised INR 60 Cr (around $6.6 Mn) in debt funding from Tata Capital, giving the managed office operator fresh firepower to scale its foo... Read More


Edtech Startup Uolo Bags $7 Mn To Expand School Partnerships

India, Dec. 11 -- Edtech startup Uolo has raised $7 Mn in its pre-Series B round led by global edtech fund Five Sigma, with participation from existing investors Blume Ventures, Morphosis, and Alicorn... Read More


US Court Scraps $1 Bn Damages Order Against Byju Raveendran

India, Dec. 10 -- In a perhaps long-awaited sigh of relief, US' Delaware court has reversed its earlier default ruling judgement directing BYJU'S founder Byju Raveendran to pay over $1 Bn in damages, ... Read More


SoftBank-Backed Whatfix Fires 60 Employees

India, Dec. 9 -- SoftBank-backed B2B SaaS startup Whatfix has laid off around 60 employees, with most of the cuts coming from its sales and marketing go-to-market (GTM) teams. The company had a total ... Read More


SEBI Clears LEAP India's INR 2,400 Cr IPO

India, Dec. 9 -- Supply chain solutions provider LEAP India has got Securities and Exchange Board of India (SEBI) go ahead to proceed with its initial public offering (IPO). The regulator issued its ... Read More


BlackSoil Capital Raises INR 65 Cr To Expand Lending Portfolio

India, Dec. 9 -- Venture debt firm BlackSoil Capital has received an equity infusion of INR 65 Cr from Dutch entrepreneurial development bank FMO and Caspian Debt founder S Viswanatha Prasad. In a st... Read More


Fino Payments Bank Shares Plunge 13% After RBI's SFB Nod

India, Dec. 8 -- Despite reporting a positive development recently, shares of Fino Payments Bank plunged as much as over 13.5% to INR 271.95 on the BSE. The shares ended the day's trade 11.3% lower at... Read More


TAC Infosec Initiates US Listing Of Subsidiary CyberScope

India, Dec. 8 -- Reflecting its ambition to tap global investors and seek higher valuations, NSE SME-listed TAC Infosec's US subsidiary, CyberScope Web3 Security Inc, has kicked off the regulatory pro... Read More


[Update] Wakefit IPO: Issue Subscribed 15% On Day 1

India, Dec. 8 -- Update | December 08, 18:47 IST Wakefit's IPO got off to a subdued start on Day 1, with the issue getting subscribed 15%. It received bids for 55.12 Lakh shares against 3.63 Cr share... Read More


Wakefit IPO: Issue Subscribed 10% On Day 1 So Far

India, Dec. 8 -- The IPO of D2C mattress company Wakefit got off to a steady start and was subscribed 10% till 12:10 IST on the first day of bidding. The issue received bids for 35.18 Lakh shares agai... Read More