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Capillary Technologies IPO To Open On Nov 14, Cuts Issue Size

India, Nov. 10 -- SaaS major Capillary Technologies has filed the red herring prospectus (RHP) for its IPO, which will comprise a fresh issue of up to INR 345 Cr and an offer for sale (OFS) of up to 9... Read More


Inside The Bitter Collapse Of Bira 91

India, Nov. 10 -- From a brand known for its cool urban image and setting the Indian craft brewery benchmark, Bira 91's survival hangs by a thread. The startup, which has raised more than $200 Mn in ... Read More


MapMyIndia Q2 Net Profit Tanks 39% YoY To INR 19 Cr

India, Nov. 10 -- Geotech company MapMyIndia's net profit for Q2 FY26 plunged 39% to INR 18.5 Cr from INR 30.4 Cr in the year-ago quarter. On a sequential basis, the company's profit tanked 60% from I... Read More


GreenFi Raises $2 Mn Seed Funding To Scale AI-Driven ESG Risk Platform

India, Nov. 10 -- AI-enabled ESG risk management platform GreenFi has raised $2 Mn (INR 17.7 Cr) in a seed funding round led by Transition VC, with participation from undisclosed angel investors. The... Read More


IPO-Bound Capillary Technology Posts INR 1 Cr Profit In H1 FY26

India, Nov. 10 -- IPO-bound Capillary Technologies turned profitable in the first half of the ongoing financial year (H1 FY26), posting a consolidated net profit of INR 1 Cr as against a loss of INR 6... Read More


Centre Proposes Mandatory 'Country of Origin' Filter for Ecommerce Platforms

India, Nov. 10 -- The Ministry of Consumer Affairs' (MCA's) department of consumer affairs has proposed a mandatory requirement for all ecommerce platforms to introduce searchable and sortable filters... Read More


Ather Q2: Loss Narrows 22% YoY To INR 154 Cr

India, Nov. 10 -- EV maker Ather Energy narrowed its Q2 FY26 net loss by 22% to INR 154.1 Cr from INR 197.2 Cr in the same quarter previous year. On a sequential basis, the company managed to trim its... Read More


Big Funds, Tiny Cheques: Why Founders Should Think Twice Before Taking Them

India, Nov. 10 -- In the heat of a bull market, even the largest funds start behaving in unexpected ways. When everything is booming, the patterns only become clear later. One trend seen is how often... Read More


[Update] Pine Labs IPO: Issue Subscribed 54% On Day 2

India, Nov. 10 -- Update | November 10, 18:52 PM The IPO of fintech major Pine Labs continued to witness muted investor response on the second day of its bidding, with the issue getting subscribed a ... Read More


Meritto Files Confidential DRHP, Info Edge To Reduce Stake To Below 25%

India, Nov. 10 -- Info Edge will offload about 3.8 Cr shares of Meritto (formerly NoPaperForms) via the offer-for sale component (OFS) of the edtech SaaS company's IPO. In an exchange filing, Info Ed... Read More