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Faad Capital Cofounder's BYT Capital Launches INR 180 Cr Maiden Deeptech Fund

India, Dec. 11 -- Bengaluru-based VC firm BYT Capital has launched its maiden deeptech fund with a corpus of INR 180 Cr (about $20 Mn). The Category II AIF aims to back 18-20 startups with an average... Read More


[Update] Wakefit IPO Closes With 2.5X Oversubscription

India, Dec. 10 -- Update | December 10, 20:00 IST D2C mattress and furniture startup Wakefit's IPO closed with an oversubscription of 2.5X. The public issue received bids for 9.16 Cr shares against 3... Read More


IIT Bombay Startup Incubator Rolls Out INR 250 Cr Deeptech Fund

India, Dec. 10 -- IIT Bombay's startup incubator Society for Innovation and Entrepreneurship (SINE) has unveiled India's first incubator-linked VC fund, Y-Point Venture Capital Fund, with a target cor... Read More


Wakefit IPO: Issue Oversubscribed 1.94X Till Now

India, Dec. 10 -- D2C mattress and furniture company Wakefit's IPO picked up pace during the third day of bidding, with the issue oversubscribing 1.94X at 14:39 IST. The issue received bidding for 7.0... Read More


Skydo Bags $10 Mn To Expand Global Footprint, Acquire Regulatory Licences

India, Dec. 10 -- Cross-border payments startup Skydo has raised $10 Mn (about INR 89.8 Cr) in its Series A funding round led by Susquehanna Asia Venture Capital, with participation from existing inve... Read More


Swiggy QIP Oversubscribed 4.5X, Sees Strong Demand From Top Mutual Funds

India, Dec. 10 -- Swiggy's INR 10,000 Cr qualified institutional placement (QIP) witnessed strong demand from investors and was oversubscribed 4.5X within an hour of opening, sources told Inc42. The ... Read More


[Update] Wakefit IPO: Issue Subscribed 39% On Day 2, Retail Portion Fully Booked

India, Dec. 9 -- Update | December 9, 18:40 IST Wakefit's IPO was subscribed 39% at the end of the second day of bidding. The issue received bids for 1.4 Cr shares against 3.6 Cr shares on offer. Th... Read More


Meesho IPO: Cofounders Rake In INR 354 Cr, Y Combinator Mints 108X Return

India, Dec. 9 -- The cofounders and investors of Meesho, which is set to list on the exchanges tomorrow, got hefty returns from the ecommerce unicorn's IPO. Y Combinator, which offloaded 71.9 Lakh sh... Read More


Airpay Bags Cross Border Payment Aggregator Licence From RBI

India, Dec. 9 -- Fintech startup Airpay Payment Services has become the latest entity to secure the Reserve Bank of India's (RBI) cross-border payment aggregator (PA-CB). With the regulatory approval... Read More


Wakefit IPO Day 2: Issue Subscribed 27% So Far, Retail Portion Fully Booked

India, Dec. 9 -- D2C mattress and furniture company Wakefit's IPO was subscribed 27.4% till 12:38 IST on the second day of bidding. The issue received bids for 1 Cr shares out of the total 3.6 Cr shar... Read More