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[Update] Smartworks IPO: Issue Closes With 13.5X Oversubscription

India, July 14 -- Update | July 14, 08:42 PM The IPO of Smartworks closed with an oversubscription of 13.45X, with investors bidding for 13.9 Cr shares as against 1.04 Cr shares on offer. The portio... Read More


Exclusive: PayU India Bags INR 302 Cr From Prosus To Grow Credit Business

India, July 14 -- Prosus-owned fintech platform PayU India has raised INR 302 Cr (about $35 Mn) from its parent Prosus to shore up its credit business. As per the company's MCA filings accessed by In... Read More


Wakefit's High-Stakes IPO, Blip Shuts Down & More

India, July 14 -- Can Wakefit Craft A Bumper IPO? IPO-bound Wakefit is facing a test of faith. While the D2C giant has managed to carve its niche in India's mattress market, its ambition to dominate ... Read More


IPO-Bound Groww To Launch New Platform To Augment Revenue

India, July 14 -- IPO-bound stock broking major Groww is launching a new platform called '915' for professional and high-volume traders, sources told Inc42. Unlike its existing app, 915 will be a sta... Read More


Smartworks IPO: Issue Oversubscribed 13X On Day 3 So Far

India, July 14 -- Coworking company Smartworks' public issue witnessed bumper response from qualified institutional buyers (QIBs) and non-institutional investors (NIIs) on the final day of bidding, wi... Read More


Ola Electric Soars 18% On FY26 Guidance, Auto Segment's EBITDA Profitability

India, July 14 -- Shares of Ola Electric climbed almost 18% after the company reported its financials for the first quarter of the current financial year (Q1 FY26). The stock jumped 17.6% to INR 46.8... Read More


ArisInfra Q4: Loss Declines 97%, Revenue Up 7% YoY To INR 221 Cr

India, July 14 -- ArisInfra saw its consolidated net loss decline by 97% to INR 0.51 Cr in the March quarter of the fiscal year 2024-25 (Q4 FY25) from INR 18.1 Cr in the year-ago quarter. Sequentiall... Read More


ArisInfra Q4 Loss Declines 97%

India, July 14 -- ArisInfra saw its consolidated net loss decline by 97% to INR 0.51 Cr in the March quarter of the fiscal year 2024-25 (Q4 FY25) from INR 18.1 Cr in the year-ago quarter. Sequentiall... Read More


New-Age Tech Stocks Shine In A Bearish Market, CarTrade Biggest Gainer This Week

India, July 13 -- New-age tech stocks defied the bearish sentiment in the broader Indian equity market this week. A majority of new-age tech stocks under Inc42's coverage ended the week in the green, ... Read More


Meet 10 Most Active Startup Investors Of H1 2025

India, July 13 -- The Indian startup ecosystem continues to march upwards after the prolonged funding winter, as investors warm up to park their money in new-age tech companies even though the world g... Read More