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PhonePe Cofounders Sold Shares Worth INR 4,000 Cr To General Atlantic In September

India, Jan. 22 -- Ahead of its planned public listing, PhonePe's cofounders Sameer Nigam and Rahul Chari sold a portion of their shareholding to PE firm General Atlantic in September last year, the fi... Read More


Karnataka HC Stays ED Investigation Against Gameskraft

India, Jan. 22 -- The Karnataka High Court has stayed the Enforcement Directorate (ED) investigation against real money gaming (RMG) startup Gameskraft following a plea filed by the company yesterday.... Read More


Tiger Global Tax Case: SPF Seeks Certainty, Predictability For Investors

India, Jan. 22 -- Following the Supreme Court's ruling against Tiger Global in the capital gains tax case pertaining to the investor's stake sale in Flipkart, Startup Policy Forum (SPF) has called on ... Read More


Tiger Global Tax Case: SPF Seeks Tax Certainty, Predictability For Investors

India, Jan. 22 -- Following the Supreme Court's ruling against Tiger Global in the capital gains tax case pertaining to the investor's stake sale in Flipkart, Startup Policy Forum (SPF) has called on ... Read More


360 ONE Asset Launches INR 1,500 Cr Fund For Defence Tech, Spacetech Investments

India, Jan. 22 -- In a bid to broaden its investment portfolio, 360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, has now launched a multi-stage defence tech and spacetech early stage VC fund. ... Read More


Shadowfax IPO: Issue Subscribed 67% On Day 3 So Far

India, Jan. 22 -- Logistics major Shadowfax's IPO was subscribed 67% as of 12:25 IST on the third day of bidding. The public issue received bids for 5.98 Cr shares against 8.9 Cr shares on offer. Ret... Read More


Urban Ladder Cofounder's AC Startup Optimist Raises $12 Mn

India, Jan. 22 -- Ashish Goel, cofounder and former CEO of Urban Ladder, has started a new venture in the cooling space. His manufacturing startup, Optimist, has raised $12 Mn in its seed and pre-Seri... Read More


AI At The Checkout

India, Jan. 21 -- Welcome to The AI Shift by Inc42, our all-new newsletter that delves deep into the world of artificial intelligence, LLMs, big tech giants and the major trends sweeping the Indian st... Read More


Amagi Makes Muted Debut On Bourses, Shares List At 12% Discount

India, Jan. 21 -- Media SaaS major Amagi's shares made an underwhelming debut on the stock exchanges today. The company's shares got listed at INR 317 apiece on the BSE, a 12.2% discount to the issue ... Read More


Kapiva Launches INR 50 Cr Fund To Back Ayurveda Research

India, Jan. 21 -- D2C ayurveda brand Kapiva has launched a INR 50 Cr innovation fund to support research and product development in Ayurveda. The fund is open for applications from today and will bac... Read More