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Zappfresh IPO Closes With 1.4X Oversubscription

India, Oct. 6 -- Zappfresh parent DSM Fresh Foods Limited's initial public offering closed on Monday October 6, with an oversubscription of 1.36X. As per data on Chittorgarh, investors bid for 53.12 L... Read More


Dhan Becomes Unicorn With $120 Mn Funding Round

India, Oct. 6 -- Stock trading platform Dhan parent Raise Financial Services has raised $120 Mn (about INR 1,065 Cr) in a funding round valuing the startup at over $1 Bn, sources close to the developm... Read More


EcoEx Nets $4 Mn To Enhance Its Waste Management Solutions

India, Oct. 6 -- Cleantech startup EcoEx has raised $4 Mn (around INR 35.5 Cr) in a strategic funding round led by Dovetail Global Fund PCC, Navbharat Investment Fund, and Narnolia Velox Fund. Besides... Read More


Zerodha, Angel One, Groww Feel The Squeeze From SEBI Crackdown

India, Oct. 6 -- A steep decline in user base and revenues has left India's premier investment tech platforms and discount brokers like Zerodha, Groww, Angel One rattled with the national markets regu... Read More


[Update] WeWork India IPO: Issue Subscribed 13% On Day 2

India, Oct. 6 -- Update | October 6, 18:30 IST WeWork India's IPO continued to get lukewarm response on Day 2 and was subscribed a mere 13% compared to 4% subscription on Day 1. The issue received bi... Read More


Aagama Ventures Floats INR 400 Cr Fund To Back Fintech Startups

India, Oct. 6 -- Fintech-focussed VC firm Aagama Ventures has launched INR 400 Cr (around $45 Mn) fund to back early stage fintech startups. In a statement, the VC firm said it plans to invest in 15 ... Read More


Wakefit, Lenskart Get SEBI Nod For IPO

India, Oct. 6 -- D2C furniture and mattress startup Wakefit Innovations has received the Securities and Exchange Board of India's (SEBI) nod to undertake its initial public offering (IPO). As per the... Read More


Wakefit, Lenskart Gets SEBI Nod For IPO

India, Oct. 6 -- D2C furniture and mattress startup Wakefit Innovations has received the Securities and Exchange Board of India's (SEBI) nod to undertake its initial public offering (IPO). As per the... Read More


GreyLabs AI Nets INR 85 Cr To Automate Customer Care Centres

India, Oct. 6 -- GenAI startup GreyLabs AI has raised INR 85 Cr (nearly $10 Mn) in its Series A round led by Elevation Capital. The round also saw participation from existing backer Z47 (formerly Matr... Read More


Zappfresh's Stuttering IPO

India, Oct. 6 -- From the second half of this year, it seems like every week, at least one new-age Indian startup is lining up for an IPO. Sure, many were waiting for the right window to get listed on... Read More