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Pine Labs IPO: Peak XV Mints 39.5X Return, Lightspeed Books Loss

India, Nov. 13 -- Peak XV Partners raked in one of its biggest public market windfalls this year through its partial exit from Pine Labs. The venture capital (VC) firm offloaded a little over 2.3 Cr s... Read More


NBFC Kinara Capital Eyes INR 200 Cr Funding To Avert Debt Crisis

India, Nov. 13 -- Troubled non-banking finance company (NBFC) Kinara Capital is reportedly looking to raise nearly INR 200 Cr from external strategic investors to avert its debt crisis. Founder Hardi... Read More


Matrimony Q2: Profit Plummets 41% To INR 7.8 Cr, Revenue Stays Flat

India, Nov. 13 -- Listed matchmaking company Matrimony's consolidated net profit declined almost 41% to INR 7.8 Cr in the second quarter of the ongoing fiscal year (Q2 FY26) from INR 13.2 Cr in the sa... Read More


Groww Shares Soar Up To 17% In Second Trading Session

India, Nov. 13 -- Shares of fintech major Groww soared as much as 17.2% to INR 153.50 apiece on the BSE today during their second trading session. This was over 53% above the stock's issue price of IN... Read More


Infibeam Q2: Profit Zooms 43% YoY To INR 68 Cr

India, Nov. 13 -- Fintech company Infibeam Avenues' profit after tax surged 43% to INR 67.7 Cr in Q2 FY26 from INR 47.5 Cr in the year-ago quarter. On a sequential basis, profit rose 16% from INR 58.4... Read More


Nia.one Raises $2.4 Mn To Build Physical Infrastructure For Gig Workers

India, Nov. 13 -- Gig worker infrastructure startup Nia.one has raised a seed funding of $2.4 Mn (around INR 21.3 Cr) from Elevar Equity to offer end-to-end solutions for the gig worker economy. The ... Read More


State-Backed NIIF To Offload 2.3% Stake In Ather For INR 551 Cr

India, Nov. 12 -- Days after Tiger Global exited Ather Energy, investor and state-backed National Investment and Infrastructure Fund (NIIF) now reportedly plans to dilute its stake worth INR 551 Cr in... Read More


Groww Makes Bumper Debut, Shares List At 14% Premium

India, Nov. 12 -- Shares of investment tech major Groww made a stellar debut on the bourses, listing 14% above their issue price at INR 114 apiece on the BSE. The stock got listed at INR 112 per shar... Read More


Nyayanidhi Nets $2 Mn To Offer AI-Based Legal Solutions To Enterprises

India, Nov. 12 -- Legal tech startup Nyayanidhi has raised $2 Mn (around INR 17.7 Cr) in its Seed round led by 3one4 Capital. The round also saw participation from DeVC, PeerCheque, Force Ventures, an... Read More


Nyayanidhi Nets $2 Mn To Automate Legal Research With AI

India, Nov. 12 -- Legal tech startup Nyayanidhi has raised $2 Mn (around INR 17.7 Cr) in its Seed round led by 3one4 Capital. The round also saw participation from DeVC, PeerCheque, Force Ventures, an... Read More