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Infinity Fincorp Bags $230 Mn, Partners Group Acquires Majority Stake

India, July 10 -- Switzerland-based PE firm Partners Group has acquired a majority stake in MSME-focussed NBFC Infinity Fincorp by leading a $230 Mn (around INR 1,950 Cr) funding round, which was a mi... Read More


Tracxn Shares Surge 10% After Share Buyback Announcement

India, July 10 -- Shares of Tracxn surged as much as 10% to INR 63.86 during the intraday trading today (July 10) after the company announced a share buyback worth nearly INR 8 Cr. The stock gave up ... Read More


ED Searches At Probo Premises, Attaches Assets Worth INR 284 Cr

India, July 10 -- The Enforcement Directorate (ED) conducted search operations at four premises linked to the opinion trading platform Probo in connection with the company's alleged "illegal gambling/... Read More


[Update] ED Searches At Probo Premises, Attaches Assets Worth INR 284 Cr

India, July 10 -- Update | June 10, 5:02 PM After ED conducted search operations at its premises, opinion trading platform Probo said that it adheres to all applicable laws and regulations and mainta... Read More


India Mulls Incentivising Rare Earth Production To Tame China's Tantrums

India, July 10 -- In a move to reduce India's dependence on China for rare earth magnets, the Centre is working on a plan to incentivise local production. According to a PTI report, the ministries of... Read More


ED Books Rana Daggubati, Vijay Deverakonda, 27 Others For Promoting Illegal Betting

India, July 10 -- The Enforcement Directorate (ED) has reportedly filed an Enforcement Case Information Report (ECIR) against actors Rana Daggubati, Prakash Raj, Vijay Deverakonda and 26 others for al... Read More


Smartworks IPO: Issue Subscribed 17% On Day 1 So Far

India, July 10 -- The IPO of managed workspace provider Smartworks got off to a slow start, with the issue subscribed 17% till 12 PM on the first day of bidding. According to the BSE data, the IPO re... Read More


Why Premji Invest Led The $43 Mn Series C Round In WoodenStreet

India, July 10 -- In December 2024, Jaipur-based direct-to-consumer (D2C) furniture brand WoodenStreet secured INR 354 Cr (about $43 Mn) in Series C, one of the largest investment rounds in India's ho... Read More


Now, Fraudsters Use Reliance's Tira Masthead To Dupe Naive Netizens

India, July 10 -- The Delhi High Court (HC) has restrained certain unnamed individuals and entities from allegedly impersonating the trademark of Reliance Retail's beauty brand "Tira". The order, dat... Read More


Clean Fanatics Bags $2 Mn To Scale Up Its Home Services Marketplace

India, July 10 -- Home services marketplace Clean Fanatics has raised $2 Mn (about INR 17 Cr) in its seed round led by Inflection Point Ventures, along with participation from Blume Founders Fund, Let... Read More