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Cult.fit DRHP: A Look At Shareholding Pattern & Key Executives

India, July 8 -- Gym franchise operator Cult.fit has filed its draft IPO papers with the SEBI, aiming to net up to Rs.4,000 Cr via its public float. The proposed IPO will comprise both a fresh issue o... Read More


Elevate Education Bags Rs.170 Cr To Scale AI-Led Higher Education Platform

India, July 8 -- Edtech startup Elevate Education, formerly known as Sunstone, has raised Rs.170 Cr ($17.7 Mn) in its Series D funding round led by existing backer WestBridge Capital. The fresh capit... Read More


Ola Electric Faces Supplier Insolvency Petitions, Links Dispute To Ongoing Arbitration

India, July 8 -- Listed EV maker Ola Electric is facing insolvency petitions from two of its suppliers, with the Bhavish Aggarwal-led company saying the matter stems from an ongoing arbitration over w... Read More


PhonePe Elevates Srijon Biswas To CTO, Cofounder Rahul Chari Takes On CPTO Role

India, July 8 -- Fintech major PhonePe has elevated its financial services' engineering head Srijon Biswas to the position of chief technology officer (CTO). In his new role, Biswas, who has been with... Read More


Aequs Jumps 12% To All-Time High On Nuvama's Bullish Call

India, July 8 -- Shares of contract manufacturer Aequs surged as much as 12% to hit an all-time high of Rs.271 apiece on the BSE after brokerage Nuvama Institutional Equities initiated coverage on the... Read More


Chocolate Finds Its D2C Sweet Spot

India, July 7 -- In June 2026, Manam Chocolate raised a $9 Mn Series A round. This marked a notable move in India's consumer startup ecosystem: investors seemingly interested in the unconventional cat... Read More


Cult.fit Files Draft Papers For IPO With Rs.950 Cr Fresh Issue

India, July 7 -- Fitness unicorn Cult.fit has filed its draft red herring prospectus (DRHP) to raise over Rs.950 Cr through its IPO. The public issue will comprise a fresh issue of shares worth up to ... Read More


Cult.fit Files Draft Papers For Rs.4,000 Cr IPO

India, July 7 -- Fitness unicorn Cult.fit has filed its draft red herring prospectus (DRHP) to raise over Rs.950 Cr through its IPO. The public issue will comprise a fresh issue of shares worth up to ... Read More


ideaForge Opens QIP, Sets Floor Price At Rs.835.86

India, July 7 -- Listed dronetech company ideaForge has opened its qualified institutional placement (QIP) today (July 7) to raise fresh capital. The fundraising committee approved a floor price of Rs... Read More


[Update] Meta Denies Role As Centre Pulls Up Instagram Over Child Sexual Abuse Ads

India, July 7 -- Update | Jul 7, 2026, 21:42 IST Days after reports on Instagram ads that allegedly promoted child sexual abuse material surfaced, parent Meta denied allegations that its system delib... Read More