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Razorpay's Taxing Flip, New-Age Tech Stocks Fumble & More

India, June 2 -- Razorpay Flips Back, But At What Cost? Razorpay's move to redomicile to India ahead of its planned IPO is not going to be cheap. The fintech unicorn is likely to pay nearly $150 Mn (... Read More


Meesho To Issue 411 Cr Bonus Shares Ahead of IPO

India, June 2 -- SoftBank-backed Meesho's shareholders have approved a proposal to issue 411.4 Cr bonus shares ahead of the ecommerce major filing its draft red herring prospectus (DRHP) with markets ... Read More


Pepperfry To Raise INR 43 Cr From Existing Investors

India, June 2 -- D2C furniture startup Pepperfry is set to raise a funding of INR 43.3 Cr (around $5.07 Mn) from existing investors General Electric, Norwest Venture Partners and Goldman Sachs to supp... Read More


EV 2-Wheeler Registrations: TVS Retains Top Spot In May, Bajaj Zooms Past Ola Electric

India, June 2 -- Legacy automotive player TVS Motor held its ground against rivals Bajaj Auto and Ola Electric in India's electric two-wheeler market (E2W) in May, with registrations of its escooters ... Read More


VinFast Eyes Up To 1.5 Lakh Annual EV Production In India

India, June 2 -- Vietnamese EV major VinFast is reportedly planning to boost its annual electric vehicle production up to 1.5 Lakh in India and export them to countries in the Middle East and Africa. ... Read More


Tesla Not Interested In Manufacturing In India: Union Minister HD Kumaraswamy

India, June 2 -- Elon Musk-led EV major Tesla is looking to start operations in India but is currently not interested in manufacturing in the country, Union minister of heavy industries HD Kumaraswamy... Read More


Telcos Flay TRAI's Satellite Spectrum Charges

India, June 2 -- Telecom players have reportedly flayed the Telecom Regulatory Authority of India's (TRAI) recommendation that satellite spectrum be charged at 4% of adjusted gross revenue (AGR). As ... Read More


Aequs Files Confidential Draft Papers With SEBI, Plans To Raise $200 Mn

India, June 2 -- Karnataka-based Aequs, a contract manufacturing company for consumer durable goods and aerospace parts, has reportedly filed a confidential draft red herring prospectus (DRHP) with th... Read More


Udaan Closes Series G Round At $114 Mn

India, June 2 -- B2B ecommerce major Udaan today said it has marked the final close of its Series G funding round at $114 Mn (around INR 974 Cr). The round was raised in two tranches. While in the fi... Read More


New-Age Tech Stocks See Another Mixed Week, RateGain Biggest Loser

India, June 1 -- After skyrocketing in the middle of May, the Indian markets ended the month on a sombre note. Amid the final leg of Q4 earnings, stock-specific action was seen this week in 33 new-age... Read More