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Nazara Technologies' Shares Soar 18% On Bulk Deal Buzz

India, May 15 -- Shares of Nazara Technologies rallied as much as 18% to hit an intraday high of Rs.314 on the BSE today after reports of a large bulk deal surfaced earlier today. As per a report by ... Read More


Flipkart To Defer IPO Till 2028, Eyes EBITDA Profitability In FY27

India, May 15 -- Ecommerce major Flipkart has reportedly deferred its IPO till at least the next year as it eyes profitability before listing publicly. As per a Moneycontrol report, US-based retailer... Read More


Rapido Raises $240 Mn At $3 Bn Valuation To Expand Footprint

India, May 15 -- Ride-hailing unicorn Rapido has raised $240 Mn (Rs.2,302 Cr) in a fresh funding round led by existing backer Prosus, with participation from WestBridge Capital, Accel, and other undis... Read More


D2C Toymaker Legend Of Toys Raises Rs.21 Cr To Enter New Categories

India, May 15 -- D2C toymaker Legend of Toys has bagged Rs.21 Cr (around $2.2 Mn) in its pre-Series A round led by Singularity Early Opportunities Fund, with participation from Veltis Capital, Enzia V... Read More


Ex-Peak XV MDs Launch Mettle Capital, Target $350-400 Mn Fund

India, May 14 -- Former Peak XV Partners MDs - Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma - have launched Mettle Capital, a new India-focused VC firm, and are aiming to raise $350 Mn to $400 M... Read More


Goldman Sachs Dumps Jio Financial Services Shares In Rs.62 Cr Block Deal

India, May 14 -- Financial services giant Goldman Sachs today offloaded Jio Financial Services (JFS) shares worth Rs.62 Cr via a block deal. As per BSE data, Goldman Sachs sold 26.8 Lakh shares (26,7... Read More


D2C 3.0: The New Rules Of India's D2C Economy

India, May 14 -- India's direct-to-consumer (D2C) ecosystem is entering a new phase. A decade ago, most D2C brands were built around Instagram marketing, digital storefronts, and online-first consumer... Read More


Dhan's Insurtech Bet, India's Biggest D2C Hub & More

India, May 14 -- Dhan's Latest Acquisition Raise Financial Services, the parent entity of investment tech platform Dhan, is widening its fintech playbook again. The fintech unicorn has now moved into... Read More


Shadowfax To Add 85 Dark Stores, Expand Network To 100 In FY27

India, May 14 -- Logistics major Shadowfax plans to scale its dark store network to 100 stores from the current 15 in FY27 as it eyes the next phase of growth from same-day delivery, D2C brands, and h... Read More


Gameskraft Probe: ED Freezes Assets Worth Rs.526 Cr, Alleges Bot-Based Manipulation

India, May 14 -- The Enforcement Directorate (ED) has frozen assets worth Rs.526.49 Cr, seized gold jewellery worth Rs.3.5 Cr and Rs.11 Lakh cash as part of its ongoing money laundering probe against ... Read More