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06 November, 2024

Swiggy gets 12% subscription on first day of $1.4 bn IPO

Food and grocery delivery firm Swiggy's $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail ......

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TMT

06 November, 2024

Lenskart gets a valuation boost from Fidelity

American asset manager Fidelity Management and Research Company, which invested in omni-channel eyewear retailer Lenskart as a part of a $200 ......

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06 November, 2024

GalaxEye, CynLr, Heliware, Innovartan Learning secure early-stage cheques

Spacetech startup GalaxEye, deeptech robotics startup CynLr, 3D geospatial platform Heliware and Innovartan Learning Solutions bagged early-stage fundings, the companies ......

TMT

06 November, 2024

Inflexor hits first close of opportunities fund, to buy earlier vehicle's portfolio

Technology-focused venture capital firm Inflexor Ventures Wednesday said it has marked the first close to its opportunities fund, launched earlier ......

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06 November, 2024

Hero Electronix's Tessolve to buy German chip designer

Bengaluru-based semiconductor design company Tessolve, a unit of Hero Electronix, Wednesday said it has entered into a deal to acquire ......

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06 November, 2024

Norway's wealth fund, Fidelity among anchor investors in Swiggy IPO

Swiggy sold shares worth $605 million to institutional investors including Fidelity and Norges on Tuesday as the food delivery firm ......

TMT

05 November, 2024

Tiger Global, General Catalyst-backed Spinny's FY24 revenue climbs 14%, loss shrinks

Spinny, a used car retailing platform backed by marquee investors including Tiger Global and General Catalyst, reported a rise of ......

TMT

05 November, 2024

Peak XV, Lightrock-backed Yubi's topline rises, net loss narrows

Financial services unicorn Yubi (erstwhile CredAvenue), which provides debt restructuring, credit assessment and collections services to banks, fintech companies and non-banking financial ......

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05 November, 2024

Veefin makes its fourth acquisition in five months, buys 50% in Singapore AI firm

Veefin Solutions Ltd, a supply chain fintech startup that listed on the BSE’s SME platform last year, is acquiring a ......

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05 November, 2024

US startup Axiom Space explores using Indian rockets for space mission

U.S.-based startup Axiom Space is exploring using Indian launch vehicles to support its international space station mission, a senior executive said ......