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Why Avataar Is Bullish About Cracking AI Video And Outdoing Global Giants

India, June 12 -- The race in AI video generation is currently being dominated by global giants like OpenAI, Google and Chinese startups flush with compute budgets running into the billions of dollars... Read More


Relief For Byju Raveendran: Singapore HC Stays Jail Sentence

India, June 12 -- In a major relief for BYJU's founder Byju Raveendran, the Singapore High Court (HC) has stayed the jail sentence. The court had sentenced the cofounder to a six month jail term on th... Read More


After SoftBank, ADIA Offloads Lenskart Shares Worth Rs.1,960 Cr

India, June 11 -- Lenskart's backer Abu Dhabi Investment Authority (ADIA) today offloaded 4 Cr shares in a block deal worth Rs.1,960 Cr. As per NSE data, the investor, via its holding entity Platinum... Read More


Fidelity Sells Meesho Shares Worth Rs.988 Cr A Day After Lock-In Expiry

India, June 10 -- Ecommerce major Meesho's early backer Fidelity has offloaded its shares worth Rs.988.44 Cr from its two holding entities via a bulk deal today. According to bulk deal data on NSE, F... Read More


Klassroom Receives In-Principle Approval For SME IPO, Targets Q2 FY27 Listing

India, June 8 -- Edtech startup Klassroom is planning to launch its initial public offering (IPO) on the BSE SME platform in the second quarter (July to September) of FY27, sources shared with Inc42. ... Read More


Klassroom Eyes Going Public In Q2 FY27; Secures In-Principle Approval For SME IPO

India, June 8 -- Edtech startup Klassroom is planning to launch its initial public offering (IPO) on the BSE SME platform in the second quarter (July to September) of FY27, sources shared with Inc42. ... Read More


[Update] Nazara Raises Rs.474 Cr Via Preferential Issue

India, June 6 -- Update | June 6, 17:15 IST Nazara's board has approved the allotment of 1.82 Cr warrants through a preferential issue at Rs.260 apiece, raising over Rs.474 Cr from investors Fidelis ... Read More


[Update] Nazara Allots Warrants Worth Rs.474 Cr

India, June 6 -- Update | June 6, 17:15 IST Nazara's board has approved the allotment of 1.82 Cr warrants through a preferential issue at Rs.260 apiece, raising over Rs.474 Cr from investors Fidelis ... Read More


Bira 91 Faces Fresh Rs.11 Cr Legal Threat From Glass Supplier HNGIL

India, June 5 -- Craft beer brand Bira 91's parent company B9 Beverages has received a fresh legal notice from glass manufacturer Hindusthan National Glass & Industries Ltd (HNGIL), threatening civil ... Read More


Cybersecurity Startup Innefu Labs Raises $30 Mn From Panthera Growth Partners

India, June 5 -- AI-powered cybersecurity startup Innefu Labs has raised $30 Mn (about Rs.285.2 Cr) in its Series B funding round led by Singapore-based growth equity firm Panthera Growth Partners. T... Read More