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DevX IPO: Issue Oversubscribed 26X On Day 3 So Far

India, Sept. 12 -- Coworking space provider DevX's public issue continued to see high investor interest on the final day of bidding, with the issue oversubscribed 26X at 11:21 today. It received bids ... Read More


BacAlt Raises INR 18 Cr To Make Biopolymers From Agricultural Waste

India, Sept. 11 -- Bengaluru-based BacAlt Biosciences has raised INR 18 Cr (around $2 Mn) in its pre-seed funding round led by Avaana Capital, with participation from specialty chemical company Lubriz... Read More


FirstCry Completes INR 146 Cr Investment In Rollup Subsidiary GlobalBees

India, Sept. 11 -- Omnichannel kidswear brand FirstCry has completed its INR 146 Cr ($17 Mn) investment in its rollup brand subsidiary, GlobalBees, over five months after announcing its plans. In a di... Read More


FistCry Completes INR 146 Cr Investment In Rollup Subsidiary GlobalBees

India, Sept. 11 -- Omnichannel kidswear brand FirstCry has completed its INR 146 Cr ($17 Mn) investment in its rollup brand subsidiary, GlobalBees, over five months after announcing its plans. In a di... Read More


MCA Expands Fast Track Merger Framework To Enable More Startup Reverse Flips

India, Sept. 11 -- About a year after announcing after allowing startups to reverse flip without seeking approval from the National Company Law Tribunal (NCLT), the Ministry of Corporate Affairs (MCA)... Read More


Purple Style Labs Gets Board Nod To Raise INR 750 Cr Via IPO

India, Sept. 11 -- Amid the ongoing startup IPO boom in India, premium house of brands Purple Style Labs (PSL) is preparing to launch its public listing bid soon. As per the startup's filings with th... Read More


The Q-Comm Ad Rush, Games24x7 Axes 500 Jobs & More

India, Sept. 11 -- The Quick Commerce Ad Goldmine The quick commerce arena has turned into a marketing battleground. What started as a convenience play has evolved into India's newest advertising gol... Read More


PayU India FY25: Loss Down 42% YoY To INR 248 Cr, Top Line Zooms 23%

India, Sept. 11 -- Prosus-owned fintech major PayU India managed to cut its net loss by 42% to INR 248.1 Cr in FY25 from INR 429.5 Cr in the previous fiscal, on the back of strong business growth and ... Read More


Can PhysicsWallah Break The Indian Edtech Jinx With A Blockbuster IPO?

India, Sept. 11 -- PhysicsWallah (PW) has refiled its draft IPO papers with the market regulator SEBI, setting the stage for a massive INR 3,820 Cr public listing. With this move, the unicorn is also ... Read More


[Update] DevX IPO: Issue Oversubscribed 16X On Day 2

India, Sept. 11 -- Update | September 11, 18:11 Coworking space provider DevX's IPO was oversubscribed 16X at the end of the second day of bidding, with retail investors leading the pack. Retail inve... Read More