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Swiggy To Hive Off Instamart As A Separate Step-Down Subsidiary

India, Sept. 24 -- Foodtech major Swiggy will hive off its quick commerce arm Instamart into a separate, step-down subsidiary. In a filing with the exchanges, Swiggy said that its board approved a pr... Read More


PhonePe's INR 7K Cr Run, Purple Style Labs' IPO & More

India, Sept. 23 -- PhonePe's FY25 Scorecard PhonePe is firing on all cylinders. In FY25, the fintech giant crossed the INR 7,000 Cr revenue milestone while also slashing its losses, showcasing a rare... Read More


Jefferies Bullish On Paytm, Hikes Target Price To INR 1,420

India, Sept. 23 -- Brokerage firm Jefferies has reportedly raised the price target (PT) for Paytm's parent entity One97 Communications to INR 1,420, while maintaining its BUY rating for the stock. "W... Read More


Chakr Innovation Bags $23 Mn To Take Its Anti-Pollution Tech Global

India, Sept. 22 -- ONGC-backed climate tech startup Chakr Innovation has raised $23 Mn (INR 193.5 Cr) in a Series C funding round led by Iron Pillar. In a statement, the startup said that it plans to... Read More


Groww's IPO Conundrum, Infra.Market Eyes $83 Mn & More

India, Sept. 19 -- Groww's Massive VC Cashout Earlier this week, Groww filed its updated DRHP for a massive INR 7,000 Cr public listing. Yet, the fine print of the draft papers reveals a sore reality... Read More