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Shiprocket IPO Subscribed 25.8X So Far On Final Day Of Bidding

India, Aug. 14 -- Ecommerce enablement platform Shiprocket's Rs.1,617.5 Cr IPO was subscribed 25.8X as of 13:06 IST on the final day of bidding, as demand accelerated across investor categories. The ... Read More


Peak XV Leads $45 Mn Bet On US-Based AI Code Testing Startup Blacksmith

India, Aug. 14 -- Peak XV Partners led a $45 Mn Series B funding round of San Francisco-based AI code testing startup Blacksmith at a valuation of $550 Mn, as the VC firm steps up investments in US-ba... Read More


ixigo To Sell 17.39% Fresh Bus Stake For Rs.36.6 Cr

India, Aug. 14 -- Listed traveltech company ixigo has agreed to sell a 17.39% stake in electric intercity bus startup Fresh Bus to Twelve Stone LLP for Rs.36.6 Cr. In an exchange filing, ixigo's pare... Read More


IPO-Bound Infra.Market Eyes Reverse Listing Via Shalimar Paints In Rs.10,440 Cr Share Swap

India, Aug. 13 -- Building materials unicorn Infra.Market is exploring a reverse-listing route through Shalimar Paints, with the listed paints company considering acquiring equity shares and CCPS of I... Read More


IPO-Bound Infra.Market Eyes Reverse Listing Via Shalimar Paints In Rs.10,545 Cr Deal

India, Aug. 13 -- Building materials unicorn Infra.Market is exploring a reverse-listing route through Shalimar Paints, with the listed paints company considering acquiring equity shares and CCPS of I... Read More


Zetwerk Files UDRHP For Rs.2,600 Cr IPO

India, Aug. 13 -- Bengaluru-based startup Zetwerk has filed its updated draft red herring prospectus (UDRHP), months after the markets regulator SEBI cleared its confidential filing. The proposed init... Read More


Astrotalk's Unicorn Leap, Shiprocket IPO Day 1 & More

India, Aug. 13 -- India Welcomes Its 133rd Unicorn Astrotalk has become India's 133rd unicorn. The startup entered the coveted club after an ESOP buyback valued the platform at $1 Bn. The milestone c... Read More


Unicommerce Q1 Profit Increases 20% YoY To 4.7 Cr

India, Aug. 13 -- Ecommerce SaaS company Unicommerce posted a 20% increase in its consolidated net profit for the first quarter of the fiscal year 2026-27 (Q1 FY27) to Rs.4.7 Cr from Rs.3.9 Cr in the ... Read More


Unicommerce Q1 Profit Increases 20% YoY To Rs.4.7 Cr

India, Aug. 13 -- Ecommerce SaaS company Unicommerce posted a 20% increase in its consolidated net profit for the first quarter of the fiscal year 2026-27 (Q1 FY27) to Rs.4.7 Cr from Rs.3.9 Cr in the ... Read More


Fino Payments Bank Slips Into Red, Reports Rs.14 Cr Loss In Q1

India, Aug. 13 -- Fino Payments Bank slipped into the red in the Q1 FY27, posting a net loss of Rs.13.7 Cr against a profit of Rs.17.8 Cr in the year-ago quarter. Sequentially, the bank reported a pro... Read More