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Raise Financial Hires Ex-Upstox Exec Abhishek Singh To Helm New Insurtech Bet

India, Aug. 29 -- Fintech unicorn Raise Financial Services has roped in former Upstox executive Abhishek Singh as the chief executive officer (CEO) of its new insurtech vertical Pluto Insurance. Sing... Read More


[Update] Sandhya Devanathan Leaves Meta For New Role At OpenAI

India, Aug. 29 -- Update | August 29, 01:54 AM IST Hours after Sandhya Devanathan said that she had stepped down as the India and Southeast Asia vice president of social media giant Meta, it has now ... Read More


Alpha Wave Ventures Sells Rs.1,857 Cr Stake In Lenskart Via Block Deals

India, Aug. 29 -- Early backers continue to dilute their shareholding in Lenskart. Alpha Wave Ventures has now offloaded 2.94 Cr shares of the omnichannel eyewear giant in multiple block deals for Rs.... Read More


Fintech Startups To Watch: Startups That Caught Our Eye In August

India, Aug. 28 -- With investors continuing to invest money into startups, new products entering the market and public-market activity picking up pace, August offered little sign of a slowdown in Indi... Read More


Gnani.ai Unveils Sovereign AI Stack Artha For Enterprises

India, Aug. 28 -- Voice AI startup Gnani.ai has unveiled Artha, an end-to-end sovereign AI stack aimed at Indian enterprises and public institutions. The platform was unveiled by India's vice preside... Read More


IPO-Bound Purple Style Labs Nets Rs.306 Cr From Anchor Investors

India, Aug. 28 -- Ahead of the commencement of the bidding for its public issue on August 31, Pernia's Pop Up Shop parent Purple Style Labs has raised nearly Rs.306 Cr from anchor investors. In a fil... Read More


Hero MotoCorp Buys Additional 3% Stake In Ather For Rs.1,758 Cr

India, Aug. 28 -- Over a month after Hero MotoCorp's board approved an investment in Ather Energy, the auto giant has now bought 1.18 Cr shares of the EV maker for Rs.1,758 Cr. "We would like to info... Read More


ESDS' IPO Litmus Test, Even Axes 350 Jobs & More

India, Aug. 28 -- Can ESDS Ace The IPO Test? ESDS Software Solution's public issue is all set to open for subscription later today. The data centre company's fresh issue-only IPO will look to bring t... Read More


[Update] ESDS IPO: Public Issue Subscribed 2.1X On Day 1

India, Aug. 28 -- Update | August 28, 18:00 IST ESDS Software Solution's IPO was subscribed 2.1X on the first day of bidding, receiving bids for 2.60 Cr shares against 1.24 Cr shares on offer. NIIs ... Read More


Jio Platforms Gets SEBI Nod For IPO

India, Aug. 28 -- Reliance Industries' (RIL) digital and telecom services arm Jio Platforms has received SEBI's approval for its proposed IPO, moving closer to its stock market debut. According to an... Read More