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Will Groww IPO's High OFS Portion Be A Concern For Retail Investors?

India, Sept. 19 -- Groww, India's largest retail brokerage in terms of active investors, is all set for another mega new-age tech IPO after the huge gains seen by Urban Company earlier this week. The... Read More


Blue Energy Motors Raises $30 Mn To Develop EV & LNG Trucks

India, Sept. 19 -- Electric truck manufacturer Blue Energy Motors (BEM) has secured $30 Mn (INR 264 Cr) in a funding round led by Zerodha cofounder Nikhil Kamath and listed textiles company Omnitex In... Read More


SpaceFields Bags $5 Mn To Develop Rocket Propulsion Systems

India, Sept. 19 -- Bengaluru-based deeptech startup SpaceFields has raised $5 Mn (about INR 42 Cr) in its pre-series A round led by Globaz Technologies. The round also saw participation from Rockstud ... Read More


DevX Shares Hit Lower Circuit In Second Trading Session

India, Sept. 18 -- After a muted debut on the stock exchanges yesterday, shares of coworking space provider DevX (Dev Accelerator) fell almost 5% during the intraday trading today to hit its lower cir... Read More


Gujarat-Based Family Offices Acquire 2.6% Stake In BharatPe For INR 179 Cr

India, Sept. 18 -- Fintech unicorn BharatPe has seen its first secondary share sale in four years, with Gujarat-based family offices acquiring a 2.6% stake through wealthtech platform Wylth. Sources ... Read More


PayU Increases Stake In Mindgate To 70%

India, Sept. 18 -- Months after it acquired a 43% stake in Mindgate Solutions, digital payments major PayU has bought an additional 27% stake in the company. With this, PayU now owns a majority 70% st... Read More


Exclusive: Infra.Market To Raise $83 Mn From Promoter, Nikhil Kamath, Others

India, Sept. 18 -- IPO-bound building materials platform InfraMarket is raising INR 731.58 Cr (around $83 Mn) from its promoter group entity Silverline Homes Private Limited, Nikhil Kamath's NK Square... Read More


Online Gaming Act To Be Implemented From Oct 1: Ashwini Vaishnaw

India, Sept. 18 -- Weeks after the Parliament passed the new online gaming Bill, Union IT minister Ashwini Vaishnaw has announced that the new regulations will come into effect from October 1. "We ha... Read More


Pine Labs Eyes October Listing, To Trim IPO Size To $700 Mn

India, Sept. 18 -- Fintech major Pine Labs is reportedly looking to raise $700 Mn (about INR 6,178.5 Cr) via its initial public offering (IPO) next month. Sources told Bloomberg that the company has ... Read More


BigBasket FY25 Loss Crosses INR 2,000 Cr, Revenue Dips

India, Sept. 18 -- Amid bid to expand its quick commerce play, Tata Digital-owned BigBasket has plunged deeper into losses. For the fiscal year FY25, the net losses of BigBasket parent entity Superma... Read More