Exclusive

Publication

Byline

Location

Peak XV Partners Offloads Go Digit Shares Worth Rs.100 Cr

India, June 5 -- Go Digit General Insurance's early backer Peak XV Partners has sold 33.3 Lakh shares of the insurtech major in a block deal worth Rs.100 Cr. As per NSE data, the investment giant sol... Read More


Friale Sells Groww Shares In Rs.210 Cr Block Deal

India, June 5 -- US-based early stage investment firm Friale yesterday sold 1.13 Cr shares of fintech major Groww in a block deal worth Rs.210.4 Cr. As per BSE data, Friale, via its Friale Fund IV LL... Read More


Kuku Files Draft Papers Confidentially For Rs.3,500 Cr IPO

India, June 4 -- Audio OTT startup Kuku has filed its DRHP through the confidential route to raise up to Rs.2,500 Cr - Rs.3,500 Cr (about $261 Mn to $366 Mn) through its IPO. The startup is targeting ... Read More


Together Fund's Manav Garg Joins Emergent As Executive Chairman

India, June 4 -- Together Fund's cofounder and managing partner Manav Garg joined AI startup Emergent as executive chairman two years after first backing the company. In a LinkedIn post today, Garg s... Read More


Ola Electric Closes QIP By Issuing Shares At Rs.35.86 Apiece

India, June 4 -- Electric vehicle maker Ola Electric has closed its qualified institutional placement (QIP) fund raise. In its disclosure today, the company said that its fund raising committee approv... Read More


Can The Bear House Prowl Its Way To Rs.500 Cr In Revenue?

India, June 4 -- When Harsh Somaiya and Tanvi Somaiya incorporated The Bear House, a Bengaluru-based premium menswear brand, in 2019, they were convinced that India's D2C boom would give them wings to... Read More


Vanguard Marks Down Ola, Agilitas Bags $24 Mn & More

India, June 4 -- Ola Valuation Slashed By 99% Problems continue to pile up at Ola. Early backer Vanguard has marked down the ride-hailing giant's valuation to about $70 Mn on its books, a near-total ... Read More


How The Hindware-Google Verdict Will Shape Advertising In The AI Age

India, June 4 -- In a landmark judgement, the Delhi High Court (HC) imposed a fine of Rs.30 Lakh on search and AI giant Google for violating the trademark of sanitaryware major Hindware. It's a trivia... Read More


AI Startup TrueFan Raises $10 Mn To Enter New Markets

India, June 4 -- Gurugram-based enterprise AI startup TrueFan AI has raised $10 Mn (about Rs.96 Cr) in its Series A funding round led by Baring Private Equity Partners India and Z3Partners. IAN Alpha ... Read More


Fintech Startup WeRize Raises $7 Mn To Expand Product Offerings

India, June 4 -- Fintech platform WeRize has raised $7 Mn (about Rs.67.1 Cr) from in a pre-Series C funding round led by Sony Innovation Fund. Existing investor 3one4 Capital also participated in the ... Read More