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World Bank's IFC To Infuse $37 Mn In GreenCell Mobility

India, Sept. 13 -- International Finance Corporation (IFC), the private investment arm of the World Bank, has said that it is investing $37 Mn (INR 326.6 Cr) in Eversource Capital-backed shared electr... Read More


Purple Style Labs Gets Board Nod To Raise INR 750 Cr Via IPO

India, Sept. 11 -- Amid the ongoing startup IPO boom in India, premium house of brands Purple Style Labs (PSL) is preparing to launch its public listing bid soon. As per the startup's filings with th... Read More


Exclusive: WeHouse Nets INR 25 Cr To Streamline Home Construction

India, Sept. 11 -- Proptech startup WeHouse (formerly Hocomoco) has raised INR 25 Cr (around $2.8 Mn) in its Series A round in a mix of debt and equity. The round saw participation from existing back... Read More


[Update] Urban Company IPO: Issue Oversubscribed 9X On Day 2

India, Sept. 11 -- Update | September 11, 17:13 Urban Company's IPO continued to receive an overwhelming response on the second day of bidding, with the issue oversubscribed 9X at the end of the day.... Read More


Urban Company IPO: Issue Oversubscribed 4.8X On Day 2 So Far

India, Sept. 11 -- After a bumper start with 3.1X oversubscription on the first day, Urban Company's IPO continued to see strong interest on Day 2 as well. The public issue was oversubscribed 4.8X at ... Read More


Dronetech Startup EndureAir Raises INR 25 Cr From IAN Alpha Fund

India, Sept. 10 -- IIT Kanpur-incubated dronetech startup EndureAir Systems has raised INR 25 Cr from IAN Alpha Fund, along with IAN Angel Fund. The startup, in a statement, said it will use the capi... Read More


PhysicsWallah DRHP: A Look At Shareholding Pattern & Key Executives

India, Sept. 9 -- In the lead-up to its IPO, PhysicsWallah (PW) cofounders Alakh Pandey and Prateek Boob (also known as Prateek Maheshwari) lapped up INR 201.3 Cr apiece from secondary transactions. ... Read More


Exclusive: Indrajaal Raises INR 48 Cr To Scale Anti-Drone Capabilities

India, Sept. 8 -- Defence tech startup Indrajaal has raised INR 48 Cr (about $xx Mn) in its pre-Series A round co-led by India Accelerator and Finvolve, along with participation from strategic and exi... Read More


[Update] Flipspaces Bags $9 Mn, Takes Extended Series C Round Size To $50 Mn

India, Sept. 8 -- Update | September 8, 17:40 IST Interior design startup Flipspaces has raised an additional $9 Mn (around INR 79 Cr) in its extended Series C round from CE-Invests, Panthera Growth ... Read More


TBO Tek Jumps Over 9% After Jefferies Raises Price Target

India, Sept. 8 -- Shares of travel tech major TBO Tek surged 9.4% to an intraday high of INR 1,687 today after brokerage firm Jefferies raised its price target for the company. At 13:40, the stock wa... Read More