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Snapdeal Parent AceVector Files Updated DRHP, To Raise INR 300 Cr Via Fresh Issue

India, Dec. 6 -- Snapdeal parent AceVector Group has filed its updated draft red herring prospectus (UDHRP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO)... Read More


AceVector Files Updated DRHP, Eyes INR 300 Cr Via Fresh Issue

India, Dec. 6 -- Snapdeal parent AceVector Group has filed its updated draft red herring prospectus (UDHRP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO)... Read More


Zepto Turns Into A Public Entity, Eyes June 2026 IPO

India, Dec. 6 -- Quick commerce unicorn Zepto has reportedly received board approval to convert the private company into a public entity. The resolution "to approve the conversion from private limite... Read More


IPO-Bound Wakefit Nets INR 580 Cr From Anchor Investors

India, Dec. 5 -- Ahead of the commencement of the bidding for its public issue on December 8, D2C furniture and mattress brand Wakefit has raised INR 580 Cr from anchor investors. As many as 33 inves... Read More


No Applications Received Under E4W Manufacturing Scheme: Govt

India, Dec. 3 -- Minister of State (MoS) for heavy industries Bhupathiraju Srinivasa Varma yesterday confirmed that the government failed to receive any applications under the Scheme for Promotion of ... Read More


State-Backed Bharat Taxi To Be Launched Next Month

India, Dec. 3 -- Union home and cooperation minister Amit Shah yesterday informed the Parliament that the new state-backed ride-hailing service, called "Bharat Taxi", will be launched next month. As ... Read More


IPO-Bound Aequs Nets INR 414 Cr From Anchor Investors

India, Dec. 2 -- Ahead of the commencement of the bidding for its public issue tomorrow, contract manufacturing company Aequs has raised INR 413.9 Cr from anchor investors. As many as 33 investors su... Read More


Kerala HC Summons BYJU'S RP, Glas Trust & EY India Head On Dec 5

India, Dec. 2 -- The Kerala High Court (HC) has reportedly summoned BYJU'S resolution professional Shailendra Ajmera, EY India chairman Rajiv Memani and Glas Trust representative on December 5. As pe... Read More


[Update] Bombay HC Dismisses Pleas Challenging WeWork India IPO

India, Dec. 2 -- Update | December 2, 01:35 AM Two months after reserving its order, the Bombay HC yesterday reportedly dismissed two writ petitions that sought to block WeWork India's initial public... Read More


BYJU'S Founder To Seek $2.5 Bn In Damages

India, Nov. 28 -- BYJU'S founder Byju Raveendran plans to file a defamation lawsuit against the troubled edtech startup's consortium of lenders, Glas Trust, and the resolution professional (RP) in the... Read More