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DevX IPO: Issue Oversubscribed 9.4X On Day 2

India, Sept. 11 -- After ending the first day of its IPO with an oversubscription of 5.3X, driven primarily by retail investors, coworking space provider DevX's public issue gained further momentum on... Read More


Urban Company IPO: Issue Oversubscribed 4.8X On Day 2 So Far

India, Sept. 11 -- After a bumper start with 3.1X oversubscription on the first day, Urban Company's IPO continued to see strong interest on Day 2 as well. The public issue was oversubscribed 4.8X at ... Read More


Leadership Exodus At CoinDCX: Now, CISO & CHRO Step Down

India, Sept. 11 -- Three months after the exit of its CTO, crypto exchange CoinDCX's CHRO Mudita Chauhan and CISO Sridhar G have also stepped down from their roles. Both Chauhan and Sridhar are movin... Read More


DevX IPO: Issue Oversubscribed 1.8X On Day 1 So Far

India, Sept. 10 -- Coworking space provider DevX's (Dev Accelerator) IPO got off to a strong start, with the public issue oversubscribed by 1.8X at 11:30 on the first day of bidding. The IPO received ... Read More


Urban Company IPO: Retail Portion Oversubscribed 1.3X On Day 1 So Far

India, Sept. 10 -- Hyperlocal services company Urban Company saw a decent start to its IPO, led by interest from retail investors. The retail portion of the public issue was oversubscribed 1.3X at 10:... Read More


After RMG Ban, Games24x7 To Layoffs 500 Employees

India, Sept. 10 -- Following the Centre's ban on online real money gaming (RMG), gaming unicorn Games24x7 has now reportedly begun laying off nearly 70% of its workforce. Sources told news agency PTI... Read More


After RMG Ban, Games24x7 To Lay Off 500 Employees

India, Sept. 10 -- Following the Centre's ban on online real money gaming (RMG), gaming unicorn Games24x7 has now reportedly begun laying off nearly 70% of its workforce. Sources told news agency PTI... Read More


Centre To Set Up 600 Data Labs, Deploy 38K GPUs: IndiaAI Mission CEO

India, Sept. 10 -- IndiaAI Mission CEO Abhishek Singh has said that the Centre plans to deploy 38,000 graphics processing units (GPUs), in total, at affordable rates to build a robust and inclusive AI... Read More


Aviral Bhatnagar's AJVC Closes Debut Fund At INR 200 Cr

India, Sept. 10 -- Former Venture Highway executive Aviral Bhatnagar's investment venture A Junior VC (AJVC) has closed its debut AIF fund AJVC Trust at INR 200 Cr, about six months after marking the ... Read More


Avanse's Net Profit Surges 47% To INR 502 Cr In FY25

India, Sept. 10 -- The consolidated net profit of education-focussed NBFC Avanse Financial Services surged 46.6% to INR 502 Cr in the financial year ended March 31, 2025 (FY25) from INR 342.4 Cr in th... Read More