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IPO-Bound Wakefit Nets INR 580 Cr From Anchor Investors

India, Dec. 5 -- Ahead of the commencement of the bidding for its public issue on December 8, D2C furniture and mattress brand Wakefit has raised INR 580 Cr from anchor investors. As many as 33 inves... Read More


AAP MP Raghav Chadha Demands Ban On 10-Min Deliveries

India, Dec. 5 -- Aam Aadmi Party (AAP) member of parliament (MP) Raghav Chadha today called for a ban on quick commerce deliveries. Raising the issue during the Zero Hour of the Parliament, Chadha te... Read More


CCPA Slaps INR 7 Lakh Penalty On Zepto Over Dark Patterns

India, Dec. 5 -- The central consumer protection authority (CCPA) has reportedly imposed a penalty of INR 7 Lakh on quick commerce major Zepto over alleged use of 'dark patterns' and misleading price ... Read More


[Update] Aequs IPO Closes With 101.6X Oversubscription

India, Dec. 5 -- Update | December 05, 18:50 IST Contract manufacturer Aequs' IPO closed today with an overwhelming investor interest. The public offering was oversubscribed 101.63X, receiving bids f... Read More


Yulu Cuts Its FY25 Loss By 12% To INR 126 Cr, Revenue Doubles YoY

India, Dec. 5 -- Electric mobility service provider Yulu cut its FY25 loss by 12% to INR 126 Cr from INR 142.8 Cr loss incurred in the previous fiscal year on the back of a robust uptick in its top li... Read More


RBI Clears Fino Payments Bank's Conversion Into Small Finance Bank

India, Dec. 5 -- Fino Payments Bank has received in-principle approval from the Reserve Bank of India (RBI) to convert into a small finance bank (SFB). Under RBI's "on-tap" licensing rules, a payment... Read More


Ola Electric In 2025: How A Market Leader Ran Out Of Spark

India, Dec. 5 -- If there is one indicator to sum up Ola Electric's year so far, it would be its share price, which has spiralled 57% (as of December 5, 2025) to INR 36.12 since January 1, 2025. The E... Read More


PhonePe's Pincode App Moves To B2B Ops, Halts Consumer Deliveries

India, Dec. 5 -- PhonePe has announced that its quick commerce app, Pincode, is halting its B2C operations to focus exclusively on B2B business solutions for offline shops. While the B2C shopping app ... Read More


Can CrisprBits Make Critical Disease Diagnosis Faster And Cheaper?

India, Dec. 5 -- It's elementary! Feluda, Satyajit Ray's iconic Indian detective, will follow his godfather Sherlock Holmes. What's intriguing is their association, breaching nearly 100 years between... Read More


Cloudflare Outage Disrupts Trading On Groww, Zerodha, Angel One

India, Dec. 5 -- Several Indian broking platforms, including Zerodha, Angel One, Groww and Upstox, went offline during the trading hours today, as internet services company Cloudflare suffered yet ano... Read More