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Capillary Technologies FY25: SaaS Company Turns Profitable In Run Up To IPO

India, June 19 -- SaaS company Capillary Technologies turned profitable in the run up to its IPO. The SaaS company posted a profit after tax (PAT) of INR 13.3 Cr in FY25 as against a loss of INR 59.4 ... Read More


Vi Partners AST SpaceMobile For Satcom Services

India, June 19 -- Jumping on the satellite communications (satcom) bandwagon, Vodafone Idea (Vi) has announced a partnership with US-based AST SpaceMobile to launch direct-to-device satellite broadban... Read More


The Otipy Collapse, Urban Company's Profitable FY25 & More

India, June 19 -- How Otipy Ran Out of Stock Once a disruptor in the realm of the agritech sector with its fresh-from-farm model, Otipy's end is as ironic as it can get. Well, the startup that raised... Read More


[Update] ArisInfra IPO: Issue Oversubscribed 1.3X On Day 2

India, June 19 -- Update | June 19, 07:30 PM B2B ecommerce company ArisInfra Solutions' IPO witnessed an overwhelming response on the second day of bidding today, with the issue getting oversubscribe... Read More


Meet The Five Indian Startups Selected For Maruti Suzuki's Accelerator

India, June 19 -- Maruti Suzuki has selected five Indian startups for the ninth cohort of its flagship accelerator programme. The startups, picked up for the accelerator programme includes, Frinks AI... Read More


AI-Powered Childcare Management Startup illumine Bags $2.5 Mn

India, June 19 -- AI-powered childcare management startup illumine has secured $2.5 Mn (INR 21.68 Cr) in a seed funding round from Prime Venture Partners. The startup plans to use the fresh capital t... Read More


ArisInfra IPO Day 2: Issue Subscribed 84% So Far

India, June 19 -- After ending the first day of its IPO with an overall subscription of 24%, driven primarily by retail investor enthusiasm, the second day of B2B ecommerce company ArisInfra Solutions... Read More


Capillary Technologies Refiles For IPO

India, June 19 -- A couple of weeks after receiving the board approval for an INR 2,250 Cr IPO, SaaS company Capillary Technologies has filed its draft red herring prospectus (DRHP) with the SEBI for ... Read More


SEBI Overhauls Norms To Boost Startup IPOs & Reverse Flipping

India, June 19 -- The Securities and Exchange Board of India's (SEBI) board has approved a slew of amendments to boost Indian startup listings and promote reverse flipping. At the 210th meeting in Mu... Read More


Amazon India To Invest INR 2,000 Cr To Strengthen Logistics, Tech Infra

India, June 19 -- Amazon India is looking to invest INR 2,000 Cr (around $230 Mn) to ramp up its logistics and operations network. The company said in a statement that the capital will be deployed in... Read More