Jio Financial Services Not A Threat To Zerodha: Nithin Kamath

India, July 3 -- Zerodha cofounder and CEO Nithin Kamath believes that Jio Financial Services' (JFS) entry into the stockbroking space doesn't pose as much threat to the company as first-time founders... Read More

Maieutic Bags $4.15 Mn To Accelerate Chip Design With Its GenAI Copilot

India, July 3 -- Semiconductor design-focussed GenAI startup Maieutic Semiconductor has raised $4.15 Mn (about INR 35 Cr) in its seed funding round co-led by Endiya Partners and Exfinity Venture Partn... Read More

Nykaa Shares Slump 5% After Likely Block Deal Worth INR 1,210 Cr

India, July 3 -- Shares of Nykaa plunged as much as 5% to INR 201 during the early trading hours today after a large block deal. As per a CNBC TV18 report, Nykaa shares worth over INR 1,210 Cr change... Read More

Meesho Files DRHP Via Confidential Route For Up To $1 Bn IPO

India, July 3 -- Ecommerce giant Meesho has filed its DRHP with markets regulator SEBI via the confidential pre-filing route, joining the long queue of Indian new-age tech companies looking to go publ... Read More

Govt Likely To Approve Projects Under PLI Scheme By September: Report

India, July 2 -- The Centre will likely approve projects under the INR 22,919 Cr production-linked incentive (PLI) scheme for electronics components manufacturing by August-September. An ET report, c... Read More

Karnataka Sets Up Working Groups To Determine Gig Worker Welfare Fee: Report

India, July 2 -- The Karnataka government has reportedly set up two working groups to estimate the quantum of the fee to be levied towards securing the welfare of gig workers. These groups comprise r... Read More

Karnataka Sets Up Working Group To Determine Gig Worker Welfare Fee: Report

India, July 2 -- The Karnataka government has reportedly set up two working groups to estimate the quantum of the fee to be levied towards securing the welfare of gig workers. These groups comprise r... Read More

Nykaa's Early Investor Harindarpal Banga To Sell Shares Worth Nearly INR 1,300 Cr

India, July 2 -- Harindarpal Singh Banga, founder of The Caravel Group and an early investor in Nykaa, is reportedly looking to pare stake worth 2% to 2.5% in the beauty ecommerce major in a $150 Mn (... Read More

[Update] Nykaa's Early Investor Harindarpal Banga To Sell Shares Worth Nearly INR 1,300 Cr

India, July 2 -- Update | July 04, 12:42 PM Harindarpal Singh Banga, founder of The Caravel Group and an early investor in Nykaa, sold 60 Mn shares of Nykaa via a bulk deal yesterday. The shares were... Read More

Zoho Acquires Asimov Robotics Amid Deeptech Push

India, July 2 -- Amid its extensive deeptech and R&D push, SaaS giant Zoho has acquired 13-year old robotics startup Asimov Robotics. In a statement, Zoho said that the acquisition will help it expan... Read More

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