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Lenskart Files Draft Papers With SEBI For INR 2,150 Cr IPO

India, July 29 -- Omnichannel eyewear retailer Lenskart has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise up to INR 2,150 Cr via fresh issue of shares. The in... Read More


[Update] Elcid To Increase Stake In Zepto

India, July 29 -- Update | July 29, 1:26 PM Non-banking finance company (NBFC) Elcid Investments is increasing its stake to 0.039% in Zepto for INR 7.5 Cr. The current investment will value Zepto mo... Read More


Elcid To Pick Up Stake In Zepto At Reduced Valuation Of $2.2 Bn: Report

India, July 29 -- Non-banking finance company (NBFC) Elcid Investments is reportedly picking up a 0.039% stake in quick commerce startup Zepto for INR 7.5 Cr. An Arc report said that the investment w... Read More


Elcid To Raise Stake In Zepto With INR 7.5 Cr Investment

India, July 29 -- Non-banking finance company (NBFC) Elcid Investments is increasing its stake in quick commerce giant Zepto by investing up to INR 7.5 Cr. Elcid is making the investment by subscribi... Read More


CoinDCX's Sumit Gupta Denies Report Of Acquisition Talks With Coinbase

India, July 29 -- Crypto unicorn CoinDCX's founder Sumit Gupta has dismissed a report suggesting that US-based cryptocurrency major Coinbase is in advanced negotiations to acquire the company, which i... Read More


Exclusive: Tenacity Ventures Joins Exotel's Cap Table Via Secondary Transaction

India, July 29 -- Early and growth stage investment firm Tenacity Ventures has joined the cap table of AI-powered customer engagement platform Exotel via a secondary transaction, sources told Inc42. ... Read More


Zaggle To Acquire Rio.Money To Enter Consumer Credit Card Market

India, July 29 -- Fintech SaaS major Zaggle is acquiring fintech startup Rio.Money for INR 22 Cr to enter the consumer credit card market. In an exchange filing, Zaggle said it has signed a non-bindi... Read More


Lenskart Sets Sights On IPO, Krutrim Cuts 100 Jobs & More

India, July 29 -- Lenskart Eyes D-Street Debut Eyewear titan Lenskart is gearing up for its biggest move yet - a public markets debut. It has received the shareholder nod to raise INR 2,150 Cr ($248.... Read More


Fintech Startup Funding Zooms 60% YoY To $1.6 Bn In H1 2025

India, July 29 -- Emerging from the throes of the funding winter, Indian startups are on the mend. Funding numbers are improving, the growth-at-all-cost era appears over and investors are loosening th... Read More


Lenskart DRHP: CEO Peyush Bansal Bought Shares Worth INR 221 Cr In July

India, July 29 -- Lenskart cofounder, CEO and MD Peyush Bansal bought shares worth INR 221.1 Cr from the company's shareholders ahead of the eyewear giant filing its DRHP with SEBI yesterday. From Ju... Read More