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MCA To Commission Study On Digital Competition Bill

India, Nov. 11 -- The corporate affairs ministry (MCA) is commissioning a market study to review qualitative and quantitative thresholds for big tech giants like Google, Meta and Apple. In a request ... Read More


PhysicsWallah IPO: Issue Subscribed 5% On Day 1 So Far

India, Nov. 11 -- Edtech unicorn PhysicsWallah's IPO saw a muted start on Day 1, with the issue subscribed 5% by 12:57 IST. It received bids for 87.68 Lakh shares against 18.62 Cr shares available for... Read More


Pine Labs IPO: Issue Subscribed 72% On Day 3 So Far

India, Nov. 11 -- Fintech major Pine Labs' IPO was subscribed 72% till 12:18 IST on the final day of bidding today. The issue received bids for 7.06 Cr shares as against 9.78 Cr shares on offer. Empl... Read More


Aequs Raises INR 144 Cr Via Pre-IPO Placement

India, Nov. 11 -- Contract manufacturing company Aequs has raised INR 144 Cr (about $16.2 Mn) via pre-IPO placement led by SBI Fund Management, with participation from DSP Mutual Fund and Think Invest... Read More


shoppin' Raises $3 Mn To Expand Its AI-Led Shopping Experience

India, Nov. 11 -- AI-powered fashion startup shoppin' has raised $3 Mn in its seed round from Mixi Global Investments and existing investor Info Edge Ventures. In a statement, the startup said that t... Read More


RateGain Q2: Profit Remains Flat At INR 51 Cr, Revenue Up 6.4% YoY

India, Nov. 11 -- Travel-focussed SaaS major RateGain's consolidated net profit declined 2.3% to INR 51 Cr in the second quarter of the ongoing fiscal year (Q2 FY26) from INR 52.2 Cr in the same quart... Read More


InCred Holdings Files Confidential IPO Papers With SEBI

India, Nov. 10 -- InCred Holdings, the parent of NBFC major InCred Financial Services (InCred Finance), has pre-filed its DRHP with SEBI via the confidential route. In a public announcement, InCred H... Read More


CarTrade In Talks To Acquire Rival CarDekho In $1.2 Bn Deal

India, Nov. 10 -- Listed auto marketplace CarTrade is reportedly in advanced stages to acquire rival CarDekho in a deal valued at over $1.2 Bn. The deal is expected to be a cash-and-equity transaction... Read More


PhysicsWallah Raises INR 1,562.8 Cr From Anchor Investors

India, Nov. 10 -- Edtech company PhysicsWallah (PW) has raised INR 1,562.8 Cr from anchor investors a day ahead of opening its initial public offering (IPO) for bidding. Anchor investors subscribed to... Read More


Groww's Next Act: How The Investment Tech Poster Child Plans To Build Beyond Its IPO

India, Nov. 10 -- An INR 6,632 Cr issue, overbought 17.6 times at close, sending the valuation of the company to a staggering INR 61,700 Cr (nearly $7 Bn) - the Groww IPO has been the largest fintech ... Read More