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[Update] Aequs IPO: Issue Subscribed 11X On Day 2

India, Dec. 4 -- Updated | December 04, 18:35 IST Aequs' IPO closed the second day of bidding with an oversubscription of 11.10X, with investors placing bids for 46.66 Cr shares against 4.2 Cr shares... Read More


Zaggle To Invest INR 75 Cr In Fintech Startup Rio.Money Post Acquisition

India, Dec. 4 -- Listed fintech SaaS company Zaggle said it will invest INR 75 Cr in Bengaluru-based fintech startup Rivpe Technology, which operates Rio.Money, post its acquisition. In an exchange f... Read More


Ultraviolette Bags Additional $45 Mn Amid Global Expansion

India, Dec. 4 -- At a time when electric premium bike manufacturer Ultraviolette is increasingly focussing on penetrating international markets, the Bengaluru-based startup has managed to raise an add... Read More


Organic Harvest Founder Unveils Multi-Brand Venture RASA Group

India, Dec. 4 -- Rahul Agarwal, the former founder of D2C brand Organic Harvest, has unveiled his new multi-brand venture RASA Group. RASA Group currently operates six verticals: Avani Infratech: It... Read More


CoreOps.AI Raises $3.5 Mn To Help Enterprises Automate Workflows

India, Dec. 4 -- AI startup CoreOps.AI has raised $3.5 Mn (about INR 31 Cr) in its pre-Series A round led by Siana Capital Management, with participation from Kettleborough VC, Aroa Venture Partners a... Read More


Deeptech Startup Planys Technologies Bags INR 100 Cr To Accelerate Defence Tech Expansion

India, Dec. 4 -- Deeptech startup Planys Technologies has raised INR 100 Cr ($11.1 Mn) in a new funding round led by ace investor Ashish Kacholia and Alchemy Capital cofounder Lashit Sanghvi. The roun... Read More


Deeptech Startup Planys Technologies Bags INR 100 Cr To Accelerate Defencetech Expansion

India, Dec. 4 -- Deeptech startup Planys Technologies has raised INR 100 Cr ($11.1 Mn) in a new funding round led by ace investor Ashish Kacholia and Alchemy Capital cofounder Lashit Sanghvi. The roun... Read More


Moglix-Owned Credlix Acquires Majority Stake In NBFC Vanik Finance

India, Dec. 4 -- Credlix, the supply chain financing arm of B2B ecommerce unicorn Moglix has acquired a majority stake in Delhi-based NBFC Vanik Finance for around INR 80 Cr (about $8.9 Mn). "Vanik F... Read More


Ola Electric Crashes Another 5%, Down 58% Year To Date

India, Dec. 4 -- Shares of EV major Ola Electric extended their downward trend and were locked in at the 5% lower circuit at INR 36.12 on the BSE today. The stock was trading in the red for the fifth... Read More


Meesho IPO: Issue Oversubscribed 5.23X So Far On Day 2

India, Dec. 4 -- Ecommerce major Meesho's IPO continued to see steady investor interest and was oversubscribed 5.23X as of 14:18 IST. It received bids for 145.20 Cr shares against 27.79 Cr shares on o... Read More