Category: Startups
Swiggy shares slide over 2% after FSSAI issues 9 notices over consumer complaints
Shares of food delivery major Swiggy fell. 5% to an intraday low of Rs 266 on the BSE on Monday after the Food Safety and…
Tech IPOs find stable ground in India’s deepening markets: B Capital
India’s IPO pricing for venture-backed companies has stabilised in recent times as the market has got deeper, propped up by domestic mutual funds, according to…
NCLT grants Hornet founder interim relief in dispute with Artha Venture Fund
The National Company Law Tribunal (NCLT) has granted interim relief to Souvik Haldar, founder of Hornet, a Kolkata-based startup that develops blockchain forensics and dark…
Contract manufacturer Zetwerk receives Sebi nod for IPO
Contract manufacturer Zetwerk has received approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO). The IPO is expected…
Bellatrix Aerospace eyes 5x revenue jump as production scales up
Spacetech startup Bellatrix Aerospace is targeting more than fivefold revenue growth this fiscal year as it ramps up commercial production of satellite propulsion systems, buoyed…
Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fund
Ankur Kathuria, senior director at Alpha Wave Global, formerly Falcon Edge, has decided to move on from the US-based investment firm, adding to an expanding…
Mukesh Bansal-led Nurix AI acquires Verloop to expand enterprise offerings
Myntra and Cult.fit founder Mukesh Bansal-led Nurix AI has acquired conversational AI firm Verloop as it looks to strengthen its voice and chat offerings for…
Fundamentum launches Rs 2,200 crore growth fund with Nandan Nilekani as anchor LP
Infosys cofounder Nandan Nilekani and Helion Ventures founder Sanjeev Aggarwal‘s Fundamentum launched its third growth-stage technology fund with a target corpus of Rs 2,200 crore,…
CarDekho set to file for Rs 3,000 crore IPO this quarter
Auto-tech platform CarDekho’s parent Girnar Software is preparing to file draft papers for an initial public offering (IPO) in the July-September quarter, targeting an issue…
A multi-billion-dollar gaming revolution is loading as non-RMGs strike gold
In-app purchases and advertising revenue in India’s mobile gaming sector are projected to reach $2.4 billion by 2029, according to a recent report.The report, prepared…