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Pernia's Pop Up Shop Files DRHP For INR 660 Cr IPO

India, Sept. 22 -- Pernia's Pop Up Shop parent Purple Style Labs has filed its draft red herring prospectus (DRHP) with SEBI for an initial public offering (IPO) that will solely consist of a fresh is... Read More


Evera Cabs Proposes Lease of 1,000 EVs From BluSmart Amid Insolvency Proceedings

India, Sept. 22 -- Amid ongoing insolvency proceedings, BluSmart's rival startup Evera Cabs has proposed a lease arrangement with affiliate Gensol Engineering's interim resolution professional (IRP) a... Read More


Ather Energy Shares Jump 5% To Reach All-Time High

India, Sept. 22 -- Shares of Ather Energy surged as much as 5.1% to touch an all-time high of INR 614.75 during the intraday trading on the BSE today. However, the stock pared most of the gains to cl... Read More


888VC Launches INR 175 Cr Fund To Back Early Stage Deeptech Startups

India, Sept. 22 -- With an eye on backing India's emerging deeptech startups, Rohit Bafna-led early-stage accelerator 888VC has launched its maiden INR 175 Cr (about $19 Mn) alternate investment fund ... Read More


Aequs Gets SEBI Nod For Its Confidential DRHP

India, Sept. 22 -- Belgaum-based contract manufacturing company Aequs has received SEBI's nod for its DRHP, filed via the pre-filing route. According to SEBI's weekly processing report, it issued obs... Read More


Adda247's Loss Rises 2.5% To INR 104 Cr In FY25, Revenue Remains Flat

India, Sept. 22 -- Edtech startup Adda247's net loss grew 2.5% to INR 103.6 Cr in the year ended March 2025 from INR 101 Cr in the previous fiscal, with its revenue and expenses remaining almost flat.... Read More


Ultrahuman Rings In INR 73 Cr Profit On 5X Revenue Surge

India, Sept. 22 -- Smart ring manufacturer Ultrahuman attained profitability in the financial year ending March 2025 (FY25), posting a net profit (PAT) of INR 71.5 Cr against a loss of INR 37.7 Cr in ... Read More


Can Lahori Keep Its Fizz As Global Giants Eye India's Ethnic Beverages?

India, Sept. 22 -- Nothing seems more refreshing than a tall, frosty glass of water after a long day under the tropical sun. It's sheer bliss if it's blended with some spices and a bit of fizz. Amid ... Read More


Accel-Backed Rentomojo Kicks Off IPO Preparations

India, Sept. 22 -- Amid the ongoing startup IPO boom, furniture rental startup Rentomojo has begun preparations for its public listing. The Accel-backed startup has onboarded IIFL and Motilal Oswal as... Read More


PhonePe FY25: Loss Narrows 13.5% To INR 1,727 Cr, Revenue Crosses INR 7,000 Cr Mark

India, Sept. 22 -- IPO-bound fintech major PhonePe's revenue crossed the INR 7,000 Cr mark in FY25, as its operating revenue zoomed 40.5% to INR 7,114.8 Cr from INR 5,064.1 Cr in the previous year. O... Read More