Category: Startups

Uber-backed Lime raises $167 million in US IPO
Posted in Startups

Uber-backed Lime raises $167 million in US IPO

Lime, backed by Uber, raised $167 million in its US initial public offering, joining a growing list of companies tapping a revived market for new…

Continue Reading
Defence startups raid auto and fracking sectors for parts to speed weapons output
Posted in Startups

Defence startups raid auto and fracking sectors for parts to speed weapons output

Defense tech startups are repurposing automotive chips and pipes used in fracking — while copying production methods from drugmakers — in an effort to deliver…

Continue Reading
Dovetail Capital: Asset servicing startup Dovetail Capital raises Rs 100 crore in funding from Elev8 Venture Partners
Posted in Startups

Dovetail Capital: Asset servicing startup Dovetail Capital raises Rs 100 crore in funding from Elev8 Venture Partners

Mumbai-based asset servicing company Dovetail Capital has secured Rs 100 crore in equity funding from Elev8 Venture Partners in its first institutional funding round.As a…

Continue Reading
Autonomous driving firm Autobrains eyes robotaxi growth in Europe, CEO says
Posted in Startups

Autonomous driving firm Autobrains eyes robotaxi growth in Europe, CEO says

Europe is an emerging but promising market for self-driving ‘robotaxis’, with the technology set to become far more visible across the region over the next…

Continue Reading
Digital lender Fibe files draft papers seeking to raise Rs 750 crore in fresh capital
Posted in Startups

Digital lender Fibe files draft papers seeking to raise Rs 750 crore in fresh capital

Digital lending startup Fibe has filed its draft papers with market regulator Securities and Exchange Board of India (SEBI) seeking to raise Rs 750 crore…

Continue Reading
Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to know
Posted in Startups

Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to know

Hospitality company Oyo’s parent, Prism, on Tuesday filed its updated Draft Red Herring Prospectus-I (UDRHP-I) for a Rs 6,650 crore initial public offering (IPO) with…

Continue Reading
Weak Turtlemint debut pares paper gains for Peak XV, Nexus
Posted in Startups

Weak Turtlemint debut pares paper gains for Peak XV, Nexus

Insurtech startup Turtlemint’s weak stock market debut on Monday pared the paper gains of its early venture investors, even as Peak XV Partners, Nexus Venture…

Continue Reading
Pi Ventures eyeing Fund-I exits as it plots third deeptech vehicle
Posted in Startups

Pi Ventures eyeing Fund-I exits as it plots third deeptech vehicle

Pi Ventures, one of India’s earliest deeptech-focussed venture capital (VC) firms, is preparing to exit investments from its first vehicle, Fund 1, as it approaches…

Continue Reading
Rocket Lab buys Iridium in $8 billion deal, to expand beyond launches
Posted in Startups

Rocket Lab buys Iridium in $8 billion deal, to expand beyond launches

Rocket Lab struck an $8 billion deal to acquire satellite communications provider Iridium Communications on Monday, betting that owning everything from rockets to satellite networks…

Continue Reading
Turtlemint Fintech shares list at 11% discount to IPO price on NSE, BSE
Posted in Startups

Turtlemint Fintech shares list at 11% discount to IPO price on NSE, BSE

Shares of Turtlemint Fintech Solutions made a muted Dalal Street debut on Monday, listing at a sharp discount to their IPO price. The stock opened…

Continue Reading