Category: Startups
NCLAT rejects Byju’s plea to stop Aakash EGM on rights issue
The insolvency appellate tribunal NCLAT on Tuesday gave a go-ahead to the EGM of Aakash Educational Services Ltd (AESL) for the rights issue of the…
Nikhil Kamath’s Gruhas, Collective Artists Network close Rs 100 crore maiden fund for consumer startups
Nikhil Kamath and Abhijeet Pai-founded investment firm Gruhas, in partnership with talent management company Collective Artists Network, announced the closing of their Rs. 100-crore maiden…
Bankbazaar’s FY25 revenue up 34% led by credit card distribution, losses down to Rs 23 crore
Digital loan aggregator BankBazaar has reported an operating revenue of Rs 249 crore in FY25, up 34% from Rs 186 crore a year back. Its…
Byju’s moves NCLAT on Aakash EGM for rights issue
Think & Learn, which owns edtech brand Byju’s, on Monday moved the National Company Law Appellate Tribunal against the NCLT order, which last week declined…
Curefoods gets Sebi nod for Rs 800-crore IPO
Cloud kitchen operator Curefoods has received the approval of the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), per a…
Zerodha to allow trading in U.S. stocks by 2026, Nithin Kamath says launch coming next quarter
Zerodha, India’s largest stockbroker by revenue, is gearing up to let its users invest directly in the US stocks by early 2026, according to CEO…
Ola Electric scales up service network into open platform for spare parts, service
Ola Electric on Monday announced that it is scaling up its proprietary service infrastructure and technology vertical by providing access to independent garages and fleet…
Accel, Prosus team up for early-stage investments in India
Dutch technology investor Prosus and US-based venture capital firm Accel have entered into a partnership to co-invest in early-stage Indian startups across areas such as…
Lenskart turns around, posts net profit of Rs 62 crore in Q1 FY26
IPO-bound eyewear retailer Lenskart posted a net profit of Rs 62 crore during the April-June quarter of 2025, compared to a loss of Rs 11…
Lenskart investors may see 5-17X gains as the firm targets Rs 70,000 crore IPO valuation
With an expected IPO valuation of Rs 70,000 crore (around $8 billion), Lenskart’s investors have reason to see the world through rose-tinted glasses. The eyewear…