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Honasa Consumer Acquires Majority Stake In Fluence Pharma For Rs.135 Cr

India, June 23 -- Continuing its acquisition spree, Mamaearth parent Honasa Consumer's board has approved a majority stake acquisition in nutraceuticals company Fluence Pharma, marking its entry into ... Read More


Kunal Shah Quits CRED, Turtlemint IPO Day 2 & More

India, June 23 -- CRED Steps Into A New Era Fintech major CRED has raised a mega $900 Mn round led by Meta, and founder Kunal Shah has stepped down as the CEO to helm a global leadership role at What... Read More


SEBI's 'GARUDA' Framework Eases Key Bottlenecks For Indian Startup Investors

India, June 23 -- Alternative investments funds (AIFs) have been critical in supporting the growth of the world's third-largest startup ecosystem since its beginning. However, as the Indian startup ec... Read More


[Update] Turtlemint IPO Closes With 1.2X Oversubscription

India, June 23 -- Update | June 23, 20:48 IST The IPO of Turtlemint closed with 1.2X oversubscription. The public issue received bids for 3.96 Cr shares against 3.29 Cr shares on offer. Qualified in... Read More


Optimo Capital's FY26 PAT Grows 4.8X YoY To Rs.10.5 Cr

India, June 23 -- Prashant Pitti's NBFC Optimo Capital claims that its net profit for the fiscal year FY26 jumped by 4.8X to Rs.10.5 Cr from Rs.2.2 Cr reported in the previous fiscal year. During the... Read More


Rs.10,000 Cr AUM, MobiKwik Xtra & Per Annum: Lendbox's Risky Regulatory Dance

India, June 23 -- Nearly two years after the Reserve Bank of India (RBI) tightened regulations governing India's peer-to-peer (P2P) lending industry, fresh questions are emerging around the sales prac... Read More


Cyber Risk And Insurance Startup Mitigata Raises $15 Mn

India, June 23 -- Cyber risk and insurance startup Mitigata has raised $15 Mn (about Rs.141 Cr) in its Series B funding round led by Bessemer Venture Partners. Existing investors Nexus Venture Partner... Read More


From Meta To Intel: A Detailed Look At Jio Platforms' Cap Table

India, June 23 -- In what could be perhaps one of the biggest IPOs to hit the Indian equities market, Reliance Industries' (RIL) telecom arm Jio Platforms filed its DRHP for a fresh issue only IPO. As... Read More


How Smartworks Turned Managed Workspaces Into An Enterprise Play

India, June 23 -- India's flex workspace market is witnessing one of its strongest growth phases, with the total market capacity projected to expand to 140-145 Mn sq ft by FY28. As enterprises expand... Read More


Ola Electric Secures BIS Certification For Its In-House Developed LFP Cell

India, June 23 -- Ola Electric said its subsidiary Ola Cell Technologies has received a certification from the Bureau of Indian Standards (BIS) for its indigenously developed LFP 46100 cylindrical cel... Read More