Category: Startups
Logistics startup Shiprocket files revised papers for Rs 2,342 crore IPO
Gurugram-based Shiprocket, which offers shipment and checkout services to direct-to-consumer (D2C) brands, has filed an updated draft red herring prospectus (UDRHP) for a Rs 2,342-crore…
India now home to over two lakh govt-recognised startups: Union minister Piyush Goyal
India is now home to over two lakh government-recognised startups, with over 44,000 entities recognised this year alone, the highest in a year since the…
Infibeam Avenues board approves rebranding to AvenuesAI
Fintech company Infibeam Avenues, which runs the CCAvenue payment gateway, is planning to change its name to AvenuesAI as it centres its business around artificial…
Fintech Wealthfront prices US IPO at $14 apiece, raises $486 million
Automated digital wealth management firm Wealthfront said on Thursday that it has raised $486 million in its initial public offering (IPO), capping a strong year…
AI startup Serval valued at $1 billion after Sequoia-led round to expand IT automation
AI-powered IT support startup Serval has raised $75 million in a Series B funding round led by Sequoia, achieving a $1 billion valuation just three…
P2P lending platform LenDenClub’s parent plans IPO, CEO says
Vartis Platforms, operator of the country’s largest peer-to-peer lending marketplace LenDenClub, is preparing for an initial public offering within 18 to 36 months, chief executive…
Boat auditors flag mismatch in financial statements filed with lenders
IPO-bound consumer electronics maker Boat’s statutory auditors had flagged several instances of mismatch between the quarterly returns or statements it filed with lenders and its…
Karnataka govt to open bids for IT Park project in Mangaluru next week
Karnataka will open bids for the construction of an IT Park commercial office spaces in Mangaluru on December 15. The government had floated the tenders…
LAT Aerospace hiring for software roles as it expands team
LAT Aerospace is hiring for software roles as it plans to build a strong software and autonomy team, cofounder Surobhi Das said in a LinkedIn…
Google, Telangana govt launch Google for Startups hub in Hyderabad
Google, along with the Telangana government, launched the Google for Startups hub at T-Hub in Hyderabad on Wednesday. Google plans to engage with regional startups…