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Pernia's Pop Up Shop Parent Files RHP, Increases IPO Size To Rs.680 Cr

India, Aug. 25 -- Months after receiving the markets regulator's nod for its IPO, Pernia's Pop Up Shop parent Purple Style Labs has filed its red herring prospectus (RHP) for a fresh issue-only initia... Read More


Nexedge Capital Nets $20 Mn To Scale HNI Wealth Management Platform

India, Aug. 25 -- Wealth management startup Nexedge Capital has raised $20 Mn (Rs.191.4 Cr) in its maiden funding round co-led by Mirae Asset Venture Investment and Elev8 Venture Partners. The startu... Read More


MATTER Nets $25 Mn To Scale Manufacturing, Launch Four New Electric Motorcycles

India, Aug. 25 -- Ahmedabad-based electric motorcycle startup MATTER Motor Works has raised $25 Mn (Rs.240 Cr) in growth capital, anchored by its existing investors, including Helena, Capital 2B, Japa... Read More


Airbound Bags $37 Mn From Greenoaks, DoorDash To Scale Drone Manufacturing

India, Aug. 25 -- Dronetech startup Airbound has raised $37 Mn (about Rs.355 Cr) in a Series A funding round led by US-based investment firm Greenoaks. The round also saw participation from new and e... Read More


SoftBank Sells Rs.2,900 Cr Stake In Lenskart Via Block Deals

India, Aug. 24 -- Adding to its Lenskart windfall, global investment firm SoftBank has now offloaded 4.50 Cr shares in the eyewear retailer to rake in Rs.2,887.9 Cr. As per BSE data, the investor, vi... Read More


SoftBank Sells Lenskart Stake Worth Rs.2,888 Cr

India, Aug. 24 -- Adding to its Lenskart windfall, global investment firm SoftBank has now offloaded 4.50 Cr shares in the eyewear retailer to rake in Rs.2,887.9 Cr. As per BSE data, the investor, vi... Read More


Y Combinator Offloads Meesho Shares Worth Rs.970 Cr

India, Aug. 24 -- US-based startup accelerator Y Combinator offloaded 4.85 Cr shares of listed ecommerce platform Meesho, around a 1% stake, via multiple block deals, as per NSE data. Y Combinator Co... Read More


Flipkart's Food Delivery Era, Weekly Funding Rundown & More

India, Aug. 24 -- Flipkart's Foodtech Foray Flipkart is all set to debut its food delivery service later this month. Backed by millions of users, lower platform fees and logistics support from Minute... Read More


Qualcomm Offloads Shadowfax Shares Worth Rs.184 Cr In Bulk Deal

India, Aug. 24 -- Shadowfax's early investor Qualcomm Ventures sold 75 Lakh shares in a block deal worth Rs.183.85 Cr in Shadowfax on Sunday (August 23). As per BSE data, the firm, via its Qualcomm A... Read More


Khosla Ventures-Backed Healthify Merges With US-Based Berry Street

India, Aug. 24 -- Bengaluru-based healthtech startup Healthify (formerly HealthifyMe) has merged with US-based nutrition care company Berry Street to build an "advanced insurance-covered AI metabolic ... Read More