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CarTrade Shares Tumble Over 18% After JM Financial Downgrades Rating To 'Sell'

India, Sept. 10 -- Shares of listed car reselling platform CarTrade crashed over 18% to INR 2,222.35 during the intraday on the BSE today. The sharp decline came after JM Financial reportedly downgrad... Read More


OpenAI In Talks With Reliance, Other Companies To Bring Stargate To India

India, Sept. 9 -- AI giant OpenAI is reportedly in discussions with Reliance Industries and other domestic data centre companies to bring global supercomputing joint venture The Stargate Project to In... Read More


Urban Company IPO: INR 854 Cr Raised From Anchor Investors

India, Sept. 9 -- Ahead of the commencement of the bidding for its public issue on September 10, hyperlocal services unicorn Urban Company has raised INR 853.9 Cr from anchor investors. The company a... Read More


Indigrid Nets $4 Mn To Scale Production Of EV Components

India, Sept. 9 -- Electric vehicle (EV) component maker Indigrid Technology has raised $4 Mn (INR 35.2 Cr) as part of a strategic funding round from existing investor Cactus Partners. In a statement,... Read More


Indigrid Nets $4 Mn To Scale Production

India, Sept. 9 -- Electronics systems design and manufacturing startup Indigrid Technology has raised $4 Mn (INR 35.2 Cr) as part of a strategic funding round from existing investor Cactus Partners. ... Read More


The RMG Ripples, Zupee's Short Video Pivot & More

India, Sept. 9 -- The RMG Domino Effect The RMG ban is creating ripples far beyond the gaming industry itself. UPI payments took a hit in August while the ban abruptly cut off a lucrative revenue str... Read More


DevX Raises INR 63 Cr From Anchor Investors Ahead Of IPO

India, Sept. 9 -- Coworking space provider DevX (Dev Accelerator Ltd) has raised INR 63.2 Cr from anchor investors ahead of its initial public offering (IPO). The company allotted over 1 Cr equity sha... Read More


Minute Media Acquires Binny Bansal-Backed VideoVerse

India, Sept. 9 -- Binny Bansal-backed SaaS startup VideoVerse has been acquired by US-based digital media publisher Minute Media for an undisclosed amount. While the size of the acquisition wasn't rev... Read More


PhysicsWallah DRHP: A Look At Shareholding Pattern & Key Executives

India, Sept. 9 -- In the lead-up to its IPO, PhysicsWallah (PW) cofounders Alakh Pandey and Prateek Boob (also known as Prateek Maheshwari) lapped up INR 201.3 Cr apiece from secondary transactions. ... Read More


[Update] Ola Electric Responds To Auditor Flags, Says No Material Impact

India, Sept. 9 -- Update | September 9, 16:48 Responding to the auditor's report on weak internal financial controls at one of its subsidiaries, Ola Electric said in an exchange filing that the obser... Read More