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PayU Looking To Raise $300 Mn Ahead Of IPO: Report

India, Sept. 8 -- Prosus-owned fintech major PayU is reportedly planning to raise $250 Mn to $300 Mn (about INR 2,200 Cr to INR 2,640 Cr) ahead of its public listing. The company is planning to onboa... Read More


DevX IPO: Price Band Set At INR 56-61

India, Sept. 5 -- Coworking space provider DevX (Dev Accelerator Ltd) has set a price band of INR 56 to INR 61 per share for its initial public offering (IPO) that will open for subscription on Septem... Read More


Amazon Completes Fintech Startup axio's Acquisition

India, Sept. 4 -- Ecommerce giant Amazon has completed the acquisition of digital lending startup axio (formerly Capital Float) eight months after it entered into a definitive agreement. In a stateme... Read More


Centre Seeks Transfer Of All Pleas Challenging Gaming Act To SC

India, Sept. 4 -- The central government has filed a petition in the Supreme Court to transfer all pleas challenging the Promotion and Regulation of Online Gaming Act, 2025 from various High Courts to... Read More


Healthtech Startup FlexifyMe Bags INR 20 Cr From IvyCap Ventures, Others

India, Sept. 4 -- Healthtech startup FlexifyMe has raised INR 20 Cr (about $2 Mn) in its pre-Series A round led by IvyCap Ventures, along with participation from Signal Ventures and other existing inv... Read More


Urban Company IPO: Price Band Set At INR 98-103

India, Sept. 3 -- Consumer services unicorn Urban Company has set a price band of INR 98 to INR 103 for its upcoming IPO. At the upper end of the price band, the company would be valued at about INR ... Read More


Seekho Bags $28 Mn Led By Bessemer; Plans AI Stack For Educational Videos

India, Sept. 3 -- Short video platform Seekho has raised $28 Mn (around INR 250 Cr) in its Series B funding round. The round was led by Bessemer Venture Partners along with participation from Goodwate... Read More


Ola Krutrim Lays Off 50 Employees In Fresh Job Cuts

India, Sept. 2 -- AI unicorn Ola Krutrim has reportedly cut about 50 roles in its linguistics team as part of a strategic restructuring drive. A report by ET said that those affected by the exercise ... Read More


Offgrid Energy Labs Bags $15 Mn To Take ZincGel Batteries Mainstream

India, Sept. 2 -- Battery tech startup Offgrid Energy Labs has raised $15 Mn (around INR 132 Cr) in a Series A round led by Archean Chemicals Industries. The round also saw participation from existing... Read More


Venturi Partners Marks First Close Of Its Second Fund At $150 Mn

India, Sept. 2 -- Consumer-focussed VC firm Venturi Partners has marked the first close of its second fund at $150 Mn (around INR 1,300 Cr). The fund has a target corpus of $225 Mn (about INR 2,000 Cr... Read More