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NCLT Issues Notice To WinZO On Paytm's Insolvency Plea

India, Nov. 12 -- The New Delhi bench of the National Company Law Tribunal (NCLT) has reportedly issued a notice to gaming platform WinZO on an insolvency petition filed by listed fintech major Paytm.... Read More


PhysicsWallah IPO: Issue Subscribed 10% So Far On Day 2

India, Nov. 12 -- Edtech unicorn PhysicsWallah's IPO continued to see a tepid response and was subscribed 10% by 11:45 IST on the second day of bidding. The issue received bids for 1.86 Cr shares agai... Read More


[Update] CarTrade In Talks To Acquire CarDekho's Auto Classifieds Business

India, Nov. 11 -- Update | November 11, 11: 15 IST Listed auto classified platform CarTrade has confimred that it is in talks with Girnar Software, the parent entity of CarDekho, for a potential acqu... Read More


A91 Partners, Xponentia-Backed SEDEMAC Files For IPO

India, Nov. 11 -- Deeptech startup SEDEMAC Mechatronics has filed its draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) for an IPO comprising solely of an offer fo... Read More


What's Stopping Ajio From Living Out Reliance Retail's Digital Dream

India, Nov. 11 -- Reliance Retail didn't have yet another ecommerce experiment in mind when it rolled out Ajio. Instead, it wanted to make a statement to challenge online fashion giants. With its stro... Read More


DevX Q2: Profit Declines 71% YoY To INR 1.8 Cr

India, Nov. 11 -- Listed coworking space provider DevX posted a net profit of INR 1.8 Cr in Q2 FY26, a sharp decline of over 71% from INR 6.2 Cr PAT reported in the previous year-quarter. On a sequent... Read More


Finnable Raises INR 500 Cr To Expand Lending Portfolio, Strengthen Tech Stack

India, Nov. 11 -- Lending tech startup Finnable has raised INR 500 Cr ($56.5 Mn) in an equity funding round led by existing investors Z47 and TVS Capital. The fresh capital will help the startup expa... Read More


Bira 91 Fizzles Out, Groww's Next Act & More

India, Nov. 11 -- The Bitter Collapse Of Bira 91 Once hailed as India's craft beer darling, Bira 91 is now drowning in debt, disruption, and distrust. Besides staring at a fire sale, the brand is sad... Read More


[Update] Pine Labs IPO Closes With 2.5X Oversubscription

India, Nov. 11 -- Update | November 11, 19:20 IST Pine Labs' IPO closed with a 2.46X oversubscription today. The public issue received bids for 24.09 Cr shares against 9.78 Cr shares on offer. The e... Read More


[Update] PhysicsWallah IPO: Issue Subscribed 7% On Day 1

India, Nov. 11 -- Update | November 11, 17:53 PM PhysicsWallah's (PW) IPO saw muted demand on the first day of its opening. The company's issue attracted 1.31 Cr bids on day one against the 18.62 Cr ... Read More