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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


Meta India, Southeast Asia VP Sandhya Devanathan Steps Down

India, Aug. 28 -- Meta's India and Southeast Asia vice president Sandhya Devanathan has stepped down after more than a decade at the social media giant. In a LinkedIn post, Devanathan said, "After mo... Read More


Uber, Eternal, Porter Exit Karnataka Gig Workers Welfare Board: Report

India, Aug. 28 -- Uber, Eternal, and Porter have reportedly withdrawn from the Karnataka Platform-Based Gig Workers Welfare Board amid their legal challenges to the state's gig workers law. The three... Read More


ESDS IPO Fully Subscribed Within Hours On Day 1

India, Aug. 28 -- Enterprise cloud and AI company ESDS Software Solution's IPO was fully subscribed within a few hours of opening for bids today, driven by demand from retail and non-institutional inv... Read More


Ola Electric Launches S1Z Escooter With Bharat Cell LFP Battery

India, Aug. 28 -- EV maker Ola Electric has launched its new S1Z electric scooter range with its indigenously developed Bharat Cell lithium iron phosphate (LFP) battery technology, targeting the mass-... Read More


InstaAstro Bags $12 Mn To Build AI Tools, Expand Online Pooja Services

India, Aug. 27 -- Online astrology startup InstaAstro has raised $12 Mn (about Rs.114.5 Cr) in a Series A funding round led by Singularity AMC and Artha Venture Fund, with founder Nitin Verma and Arth... Read More


IPO-Bound ESDS Software Bags Rs.216 Cr From Anchor Investors

India, Aug. 27 -- Cloud and data centre company ESDS Software Solution has raised Rs.216 Cr from anchor investors ahead of the opening of its Rs.720 Cr initial public offering (IPO). In its filings w... Read More


Alpha Wave Ventures Exits Aye Finance Via Rs.323 Cr Bulk Deals

India, Aug. 27 -- Global investment firm Alpha Wave has offloaded nearly 1.92 Cr shares or 7.78% stake in MSME-focused NBFC Aye Finance via bulk deals today, as per BSE data. Alpha Wave India I sold ... Read More