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Fintech Startups To Watch: Startups That Caught Our Eye In August

India, Aug. 28 -- With investors continuing to invest money into startups, new products entering the market and public-market activity picking up pace, August offered little sign of a slowdown in Indi... Read More


Gnani.ai Unveils Sovereign AI Stack Artha For Enterprises

India, Aug. 28 -- Voice AI startup Gnani.ai has unveiled Artha, an end-to-end sovereign AI stack aimed at Indian enterprises and public institutions. The platform was unveiled by India's vice preside... Read More


IPO-Bound Purple Style Labs Nets Rs.306 Cr From Anchor Investors

India, Aug. 28 -- Ahead of the commencement of the bidding for its public issue on August 31, Pernia's Pop Up Shop parent Purple Style Labs has raised nearly Rs.306 Cr from anchor investors. In a fil... Read More


Hero MotoCorp Buys Additional 3% Stake In Ather For Rs.1,758 Cr

India, Aug. 28 -- Over a month after Hero MotoCorp's board approved an investment in Ather Energy, the auto giant has now bought 1.18 Cr shares of the EV maker for Rs.1,758 Cr. "We would like to info... Read More


ESDS' IPO Litmus Test, Even Axes 350 Jobs & More

India, Aug. 28 -- Can ESDS Ace The IPO Test? ESDS Software Solution's public issue is all set to open for subscription later today. The data centre company's fresh issue-only IPO will look to bring t... Read More


[Update] ESDS IPO: Public Issue Subscribed 2.1X On Day 1

India, Aug. 28 -- Update | August 28, 18:00 IST ESDS Software Solution's IPO was subscribed 2.1X on the first day of bidding, receiving bids for 2.60 Cr shares against 1.24 Cr shares on offer. NIIs ... Read More


Jio Platforms Gets SEBI Nod For IPO

India, Aug. 28 -- Reliance Industries' (RIL) digital and telecom services arm Jio Platforms has received SEBI's approval for its proposed IPO, moving closer to its stock market debut. According to an... Read More


Meta India, Southeast Asia VP Sandhya Devanathan Steps Down

India, Aug. 28 -- Meta's India and Southeast Asia vice president Sandhya Devanathan has stepped down after more than a decade at the social media giant. In a LinkedIn post, Devanathan said, "After mo... Read More


Uber, Eternal, Porter Exit Karnataka Gig Workers Welfare Board: Report

India, Aug. 28 -- Uber, Eternal, and Porter have reportedly withdrawn from the Karnataka Platform-Based Gig Workers Welfare Board amid their legal challenges to the state's gig workers law. The three... Read More


ESDS IPO Fully Subscribed Within Hours On Day 1

India, Aug. 28 -- Enterprise cloud and AI company ESDS Software Solution's IPO was fully subscribed within a few hours of opening for bids today, driven by demand from retail and non-institutional inv... Read More