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Prosus Eyes 5 Public Listings In India In FY26, Defers PayU IPO

India, June 23 -- Global investor Prosus' management shared a bullish view on its India investments while announcing the financial performance for FY25. After realising hefty gains from foodtech major... Read More


Meesho Completes Reverse Flip To India: Report

India, June 23 -- Ecommerce major Meesho has reportedly concluded its reverse flip, shifting its domicile to India from the US. Last month, the company received approval from National Company Law Tri... Read More


EKA Mobility Bags INR 200 Cr From Enam Holdings

India, June 23 -- Pune-based electric vehicle manufacturer EKA Mobility has raised INR 200 Cr (around $23 Mn) in a fresh funding round from Enam Holdings to expand its manufacturing capacity. Sudhir ... Read More


Coliving Startup Truliv Gets Strategic Investment From The Times Group

India, June 23 -- Chennai-based coliving startup Truliv today said it has entered into a strategic equity partnership with Bennett, Coleman & Co. Ltd (BCCL) at a valuation of INR 356.50 Cr. However, ... Read More


Delhivery Takes The Hyperlocal Turn

India, June 23 -- Put yourselves in the shoes of Delhivery. What do you do when quick commerce and hyperlocal deliveries become the norm for most of India's online shoppers? You move where the custome... Read More


Kamath Brothers Pick Up INR 250 Cr Minority Stake In IPO-Bound InCred

India, June 23 -- Zerodha cofounders Nikhil and Nithin Kamath have acquired a minority stake in InCred Holdings Limited, the parent of InCred Financial Services Ltd, by purchasing shares worth INR 250... Read More


3one4 Capital Scores 5-7X Returns From ToneTag Exit

India, June 23 -- Venture capital firm 3one4 Capital has announced its complete exit from digital payments solutions provider ToneTag about four months after the startup closed its Series B2 funding r... Read More


[Update] ideaForge Shares Hit 10% Upper Circuit On Securing Mini UAVs Order

India, June 23 -- Update | June 23, 3:19 PM Shares of drone manufacturer ideaForge surged as much as 10% to hit the upper circuit at INR 631.65 during the early trading hours on the BSE today, after ... Read More


Govt To Offer 100% Compute Subsidy To Sarvam, Others For Foundational Models: Report

India, June 23 -- In an effort to ramp up India's artificial intelligence capabilities, the Centre is reportedly offering a100% subsidy on compute infrastructure costs to Sarvam AI and other companies... Read More


D2C Kids Brand Rabitat Nets INR 40 Cr

India, June 23 -- D2C kids drinkware and foodware brand Rabitat has secured INR 40 Cr ($4.6 Mn) in its Series A funding round co-led by RPSG Capital and DSG Consumer Partners. The round also saw part... Read More