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Alpha Wave Sells Pine Labs Stake Worth Rs.550 Cr

India, Sept. 2 -- On a selling spree, Alpha Wave has now offloaded more than 3.5 Cr shares of fintech Pine Labs via a series of block deals today, as per NSE data. The investment firm, via its holdin... Read More


Edtech's Big Consolidation, ESDS' Bumper IPO & More

India, Sept. 2 -- Unacademy Joins The upGrad Campus After months of negotiations and regulatory approvals, upGrad has officially completed the acquisition of rival Unacademy in a deal valued at just ... Read More


[Update] Pernia's Pop-Up Shop Parent IPO Closes With 1.29X Oversubscription

India, Sept. 2 -- Update | September 2, 18:55 IST Pernia's Pop-Up Shop saw its Rs.680 Cr fresh issue IPO was oversubscribed by 1.29X on the final day of bidding, with retail investors and QIBs drivin... Read More


Flipkart Eyes Microdrama Entry Amid Diversification Push

India, Sept. 2 -- On an experimentation spree, Walmart-owned Flipkart is now looking to enter the entertainment business with short-form scripted shows, microdramas. Sources told Inc42 that the ecomme... Read More


Simple Energy Launches Wave Family Escooter At Rs.1.1 Lakh

India, Sept. 2 -- Bengaluru-based electric two-wheeler startup Simple Energy has launched its first family escooter, the Simple Wave, at an introductory starting price of Rs.1.10 Lakh (ex-showroom). ... Read More


Pine Labs Appoints Ex-Amazon, Razorpay Executive Jayaram Karthik As COO

India, Sept. 2 -- Fintech platform Pine Labs has appointed ex-Razorpay SVP Jayaram Karthik as its COO, as the company looks to strengthen its operational capabilities and support its next phase of gro... Read More


JioHotstar Rolls Out Services In The UK, Canada and Singapore

India, Sept. 2 -- Expanding its footprint beyond India, streaming giant JioHotstar today said that it is launching its services in the UK, Canada and Singapore. The move marks a significant shift for... Read More


Inside 88-Year-Old Jagdish Farshan's Rs.43.5 Cr Bet On Quick Commerce

India, Sept. 2 -- For nearly nine decades, Vadodara-based Jagdish Farshan has built its business on physical stores selling Gujarati snacks and sweets. Now, the legacy brand is turning to quick commer... Read More


Quick Commerce Supply Chain Startup DocPharma Nets $2 Mn For Expansion

India, Sept. 2 -- Healthcare supply chain startup DocPharma has raised $2 Mn (Rs.19 Cr) in a Pre-Series A funding round led by Equentis, with participation from existing backer 100Unicorns, along with... Read More


Aeron Systems Raises Rs.45 Cr To Scale Navigation, Weather-Monitoring Systems

India, Sept. 2 -- Pune-based deeptech company Aeron Systems has raised Rs.45 Cr (about $4.7 Mn) in a pre-Series B funding round jointly led by Riverwalk Holdings and MGF-Kavachh (MountTech Growth Fund... Read More