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Wakefit IPO: Issue Oversubscribed 1.94X Till Now

India, Dec. 10 -- D2C mattress and furniture company Wakefit's IPO picked up pace during the third day of bidding, with the issue oversubscribing 1.94X at 14:39 IST. The issue received bidding for 7.0... Read More


Skydo Bags $10 Mn To Expand Global Footprint, Acquire Regulatory Licences

India, Dec. 10 -- Cross-border payments startup Skydo has raised $10 Mn (about INR 89.8 Cr) in its Series A funding round led by Susquehanna Asia Venture Capital, with participation from existing inve... Read More


Microsoft To Invest $17.5 Bn In India To Bolster AI Stack

India, Dec. 10 -- In a series of meetings, Prime Minister (PM) Narendra Modi yesterday met Microsoft CEO Satya Nadella, chipmaker Intel's chief executive Lip-Bu Tan and SaaS major Cognizant's CEO Ravi... Read More


Quick Fashion Startup KNOT Raises $5 Mn From 12 Flags, Others

India, Dec. 10 -- Quick fashion startup KNOT has secured $ 5 Mn (about INR 44.9 Cr) in a fresh funding round led by Blue Tokai-backer 12 Flags. The round also saw participation from existing investors... Read More


Swiggy QIP Oversubscribed 4.5X, Sees Strong Demand From Top Mutual Funds

India, Dec. 10 -- Swiggy's INR 10,000 Cr qualified institutional placement (QIP) witnessed strong demand from investors and was oversubscribed 4.5X within an hour of opening, sources told Inc42. The ... Read More


Six Startups That Entered The Unicorn Club In 2025

India, Dec. 9 -- The late stage Indian startup ecosystem rediscovered its rhythm in 2025 in terms of IPOs, but the number of unicorns in India is growing at a much slower clip than ever before. Is thi... Read More


Govt To Conduct 2027 Census Via Digital Means

India, Dec. 9 -- Marking a major shift in how data is collected in the country, minister of state (MoS) for home affairs Nityanand Rai today informed the Parliament that the government plans to undert... Read More


DPIIT Proposes Hybrid Licencing For AI Training

India, Dec. 9 -- In its working paper on GenAI and copyright, the Department for Promotion of Industry and Internal Trade (DPIIT) has proposed not allowing AI companies to train their models on copyri... Read More


Swiggy Opens QIP, Sets Floor Price At INR 390.51 Per Share

India, Dec. 9 -- A day after receiving shareholder nod, consumer services major Swiggy has opened its INR 10,000 Cr ($1.2 Bn) qualified institutional placement (QIP) for subscription. The floor price ... Read More


How India's New AI Governance Rules Will Redefine Liability, Safety & Data In The Auto Industry

India, Dec. 9 -- The India AI Governance Guidelines (AI Governance Guidelines), released by the Ministry of Electronics & IT under the IndiaAI Mission on 5 November 2025, have profound implications fo... Read More