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Ironclad Asset Management Launches INR 200 Cr ESOP-Focused Fund

India, Sept. 30 -- Investment firm Ironclad Asset Management has launched INR 200 Cr ($22.5 Mn) ESOP-focused fund Ironclad Ventures to provide liquidity to employees in the Indian startup ecosystem. ... Read More


Ironclad Asset Management Launches INR 200 Cr ESOP-Focused Secondaries Fund

India, Sept. 30 -- Investment firm Ironclad Asset Management has launched INR 200 Cr ($22.5 Mn) ESOP-focused fund Ironclad Ventures to provide liquidity to employees in the Indian startup ecosystem. ... Read More


AI Startup Assessli Nets INR 44 Cr To Build Large Behavioural Models

India, Sept. 30 -- AI startup Assessli has raised INR 44.4 Cr (about $5 Mn) from Foxhog Ventures in its first institutional round to expand into new global markets, including the UK and the US, boost ... Read More


Petpooja Bags INR 137 Cr To Automate Day-To-Day Restaurant Operations

India, Sept. 29 -- Restaurant point-of-sale (PoS) startup Petpooja has raised INR 137 Cr (about $15.4 Mn) in a round led by VC firm Dharana Capital. The funding round, which was a mix of primary and ... Read More


Centre Unveils Guidelines For Setting Up 72K+ Charging Stations Under PM E-DRIVE

India, Sept. 29 -- The government has released detailed guidelines for establishing over 72,300 public electric vehicle (EV) charging stations across India under the INR 10,900 Cr PM E-DRIVE scheme. ... Read More


Meta VS CCI: NCLAT Reserves Order For Further Deliberation

India, Sept. 27 -- The National Company Law Appellate Tribunal (NCLAT) has reserved its order on the appeals filed by social media company Meta and WhatsApp, challenging the Competition Commission of ... Read More


CCPA Penalises FirstCry For Misleading Ads & Unfair Trade Practices

India, Sept. 26 -- The Central Consumer Protection Authority (CCPA) has imposed a penalty of INR 2 Lakh on FirstCry subsidiary Digital Age Retail Pvt Ltd for "false and misleading price representation... Read More


Ather Defers INR 26 Cr Incentive Submission Claims Due To Rare Earth Magnet Shortage

India, Sept. 26 -- Two-wheeler EV maker Ather Energy has decided to defer the submission of claims for demand incentives to the tune of INR 26.2 Cr (about $3 Mn) under the Centre's PM E-DRIVE scheme d... Read More


[Update] PharmEasy Raises INR 1,700 Cr Debt By Pledging 61% Stake In Thyrocare

India, Sept. 24 -- Update | September 24, 22:00 PM Online pharmacy PharmEasy's parent company API Holdings Limited has raised INR 1,700 Cr ($193 Mn) via redeemable non-convertible debentures (NCDs) t... Read More


Good Capital Closes Second Fund At $30 Mn

India, Sept. 24 -- VC firm Good Capital has marked the final close of its second fund at $30 Mn (about INR 260 Cr). In a statement, the early-stage investment firm said that the fund has got commitme... Read More