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[Update] Byju Raveendran Says Singapore Court Rejected Stay Plea, Contempt Appeal Still Pending

India, July 14 -- Update | July 14, 18:44 IST Hours after the report on the High Court's order surfaced, BYJU'S has clarified that the court's July 9 hearing concerned only an application to continue... Read More


CCI Fines HP India Rs.140 Cr For Rigging Tenders On GeM Portal

India, July 14 -- The Competition Commission of India (CCI) issued a cumulative penalty of Rs.138.9 Cr on HP India in two cases of anti-competitive practices and cartelisation of the Government e-Mark... Read More


Now, Lenskart's Early Investor Temasek Offloads 3.6 Cr Shares

India, July 14 -- Lenskart's early investor Temasek has offloaded 3.56 Cr shares, or a 2.05% stake, in the omnichannel eyewear company through holding entity MacRitchie Investments and associated enti... Read More


Temasek Offloads Lenskart 3.56 Cr Shares In Multiple Tranches

India, July 14 -- Singapore-based investment firm Temasek Holdings has sold 3.56 Cr shares, or a 2.05% stake, in omnichannel eyewear retailer Lenskart through multiple open-market transactions. In a ... Read More


IPO-Bound Zepto Eyes Premium Grocery Segment To Take On Blinkit, Instamart

India, July 14 -- In a bid to expand its offerings ahead of its public market debut, Zepto is reportedly exploring the launch of premium grocery service - Select - within its app. The service, which ... Read More


Avendus Eyes Final Close Of Future Leaders Fund III At Rs.1,800 Cr By July-End

India, July 14 -- Avendus said it is set to mark the final close of its Future Leaders Fund III at around Rs.1,800 Cr (about $187 Mn) by the end of July, as the private equity firm looks to step up in... Read More


Elevation Capital Launches Fund IX With $500 Mn Corpus To Back AI-Led Startups

India, July 14 -- VC firm Elevation Capital has launched Fund IX with a target corpus of $500 Mn to back Indian startups across consumer tech, consumer brands, fintech and financial services, enterpri... Read More


Early Backer Augusta TBO Sells 2.04% Stake In TBO Tek

India, July 14 -- Early backer Augusta TBO (Singapore) Pte Ltd. today offloaded 2.04% stake in listed B2B travel tech platform TBO Tek via open-market transactions. In a filing with the exchanges, TB... Read More


Social Media Wars, GoKwik Axes 120 Jobs & More

India, July 13 -- Uniform Norms For Social Media The IT ministry is crafting uniform standards for all messaging apps. But the timing is conspicuous. The move comes right as the username features of ... Read More


Inside The Numbers Lifting IPO-Bound Cult.fit

India, July 13 -- After years of prioritising expansion over profitability, Cult.fit's pre-IPO papers and draft red herring prospectus (DRHP) suggest that the fitness startup may finally be focusing o... Read More