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Jio Financial Services Pumps INR 230 Cr In Two JVs

India, Dec. 10 -- Jio Financial Services (JFS) and global asset manager BlackRock have invested INR 230 Cr each into their two joint ventures to deepen their presence in the booming digital-first weal... Read More


Aequs IPO: Shares List At 13% Premium

India, Dec. 10 -- Contract manufacturing company Aequs made a strong debut on the bourses, with its shares getting listed at INR 140 apiece on the BSE and the NSE, a premium of 12.9% to the issue pric... Read More


US Court Scraps $1 Bn Damages Order Against Byju Raveendran

India, Dec. 10 -- In a perhaps long-awaited sigh of relief, US' Delaware court has reversed its earlier default ruling judgement directing BYJU'S founder Byju Raveendran to pay over $1 Bn in damages, ... Read More


Meesho Makes Bumper Debut On Bourses, Lists At 46% Premium

India, Dec. 10 -- Ecommerce unicorn Meesho made a bumper debut on the stock exchanges, listing 46.4% above the issue price at INR 162.50 apiece on the NSE. On the BSE, the stock got listed at INR 161... Read More


[Update] Wakefit IPO Closes With 2.5X Oversubscription

India, Dec. 10 -- Update | December 10, 20:00 IST D2C mattress and furniture startup Wakefit's IPO closed with an oversubscription of 2.5X. The public issue received bids for 9.16 Cr shares against 3... Read More


Transition VC Closes Maiden Fund At INR 700 Cr

India, Dec. 10 -- Energy transition-focussed venture capital (VC) firm Transition VC has closed its maiden fund at INR 700 Cr over two years after its launch. The SEBI category-II fund would focus on ... Read More


Unacademy In Talks For Acquisition: Gaurav Munjal

India, Dec. 10 -- Amid speculations on edtech unicorn Unacademy's future, its CEO Gaurav Munjal has officially acknowledged that the startup is in merger and acquisition (M&A) talks. Without giving d... Read More


IIT Bombay Startup Incubator Rolls Out INR 250 Cr Deeptech Fund

India, Dec. 10 -- IIT Bombay's startup incubator Society for Innovation and Entrepreneurship (SINE) has unveiled India's first incubator-linked VC fund, Y-Point Venture Capital Fund, with a target cor... Read More


Zepto In 2025: Lost Rhythm, Bleeding Coffers And A Fresh Shot At IPO

India, Dec. 10 -- Zepto has its own rhythm. Every fund-raising kicks off a cycle, starting with a period of hyper-expansion, followed by a deliberate consolidation phase to mend its unit economics, wh... Read More


CredFlow Gets NBFC Licence, To Expand Credit Offerings For SMEs

India, Dec. 10 -- Fintech SaaS startup CredFlow has received a non-deposit taking NBFC licence from the RBI. The startup operates its NBFC arm through its group entity Cashpositive Finance under the b... Read More