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New-Age Tech Stocks Bleed This Week, Ola Electric & DroneAcharya Top Losers

India, Dec. 6 -- With consistent FII outflows and a declining rupee, the Indian equities market saw high volatility in the first week of December. Amid this, new-age tech stocks came under the bear's... Read More


Z47 Exits EV Maker Ola Electric

India, Dec. 6 -- Z47 (erstwhile Matrix Partners) has completely exited listed EV company Ola Electric. The VC firm's name doesn't appear in the list of Ola Electric's shareholders at the end of Septem... Read More


Zepto Turns Into A Public Entity, Eyes June 2026 IPO

India, Dec. 6 -- Quick commerce unicorn Zepto has reportedly received board approval to convert the private company into a public entity. The resolution "to approve the conversion from private limite... Read More


[Update] Meesho IPO Closes With 79X Oversubscription

India, Dec. 5 -- Update | December 05, 23:56 IST Meesho's IPO closed today with a healthy investor interest. The ecommerce major's public offering was oversubscribed 79.03X, receiving bids for 2,196.... Read More


IPO-Bound Wakefit Nets INR 580 Cr From Anchor Investors

India, Dec. 5 -- Ahead of the commencement of the bidding for its public issue on December 8, D2C furniture and mattress brand Wakefit has raised INR 580 Cr from anchor investors. As many as 33 inves... Read More


AAP MP Raghav Chadha Demands Ban On 10-Min Deliveries

India, Dec. 5 -- Aam Aadmi Party (AAP) member of parliament (MP) Raghav Chadha today called for a ban on quick commerce deliveries. Raising the issue during the Zero Hour of the Parliament, Chadha te... Read More


CCPA Slaps INR 7 Lakh Penalty On Zepto Over Dark Patterns

India, Dec. 5 -- The central consumer protection authority (CCPA) has reportedly imposed a penalty of INR 7 Lakh on quick commerce major Zepto over alleged use of 'dark patterns' and misleading price ... Read More


[Update] Aequs IPO Closes With 101.6X Oversubscription

India, Dec. 5 -- Update | December 05, 18:50 IST Contract manufacturer Aequs' IPO closed today with an overwhelming investor interest. The public offering was oversubscribed 101.63X, receiving bids f... Read More


Yulu Cuts Its FY25 Loss By 12% To INR 126 Cr, Revenue Doubles YoY

India, Dec. 5 -- Electric mobility service provider Yulu cut its FY25 loss by 12% to INR 126 Cr from INR 142.8 Cr loss incurred in the previous fiscal year on the back of a robust uptick in its top li... Read More


RBI Clears Fino Payments Bank's Conversion Into Small Finance Bank

India, Dec. 5 -- Fino Payments Bank has received in-principle approval from the Reserve Bank of India (RBI) to convert into a small finance bank (SFB). Under RBI's "on-tap" licensing rules, a payment... Read More