Introduction
Lenskart, the brand that revolutionized the Eyewear Industry in India, is gearing up for a significant milestone – its Initial Public Offering (IPO). Lenskart is preparing for an IPO, expected to value the company at $10 billion… Read the rest
Introduction
On February 1, 2025 as the Union Budget 2025-26 was presented by Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, viewers watching business news channels saw the financial services company, Motilal Oswal… Read the rest
Introduction
The Tata Group, India’s largest industrial conglomerate, has decided to completely exit the ATM business by selling it to a foreign company. The Reserve Bank of India (RBI) has approved Tata Communications’ sale of its 100 percent… Read the rest
Introduction
The RBI introduced ULI (Unified Lending Interface) in August 2024 as a frictionless credit platform aimed at empowering smaller and rural borrowers. Then RBI Governor Shaktikanta Das described it as part of India’s “new trinity”… Read the rest
Introduction
Human resources software startup Deel has announced its intention to go public as early as 2026, following a surge in revenue and a valuation increase to $12.6 billion. The company is preparing for its IPO while addressing a lawsuit… Read the rest
Introduction
Happiest Minds Technologies announced that it has executed a share acquisition agreement with Gavs Technologies to acquire a 100% stake in their Middle East business, with the goal of consolidating existing customer relationships,… Read the rest
Introduction to Eximius Ventures
Founded in 2020, Eximius Ventures is a micro venture capital fund. Eximius Ventures is a pre-seed stage fund based in Delhi NCR and Bangalore. It invests up to $500k in the pre-product / early traction stage… Read the rest
Introduction
Dynolt Technologies, a Bengaluru based start-up specializing in power electronics, has successfully secured $1.7 million in a seed funding round. The round was led by Transition VC, a venture capital firm focused on clean … Read the rest
Introduction
The Association of Mutual Funds in India (AMFI) launched three strategic initiatives – Chhoti SIP – Sachetization of Mutual Funds, Tarun Yojana, and MITRA – Mutual Fund Investment Tracing and Retrieval Assistant… Read the rest
Introduction
India’s IPO market has hit a lull in recent weeks, but National Securities Depository Ltd (NSDL) is fast-tracking its plans to go public. The country’s largest securities depository is pushing to launch its much-anticipated… Read the rest
Introduction
Travel hostel startup GoStops has raised ₹35 crore (about $4.2 million) in a funding round led by homegrown early-stage venture capital firm Blume Ventures. The round also saw participation by 1Crowd and other existing investors,… Read the rest
Introduction
Wipro, India’s fourth-largest IT services company, has unveiled a significant restructuring of its global business divisions aimed at addressing evolving customer demands. The focus will shift more towards emerging… Read the rest
Introduction
The Securities and Exchange Board of India (SEBI), the country’s capital market regulator, recently released a consultation paper proposing changes in the way risks are calculated in the equity derivatives segment. While… Read the rest
Introduction
DSP Group has acquired Bengaluru-based fintech startup Volt Money that offers loans against mutual funds. The fintech startup looks at this acquisition as a growth catalyst for its platform, with both DSP and Volt Money recognising… Read the rest
Introduction
In his widely read 1970 article about the role of business in society, economist Milton Friedman justified the old adage that “the business of business is business” so confidently that more than 50 years later, according to the… Read the rest
Introduction
HCL founder Shiv Nadar’s daughter, Roshni Nadar Malhotra, the third richest Indian. Roshni received 47% of her father’s stake in HCL Corporation and Vama Sundari Investments (Vama Delhi), enhancing her net worth… Read the rest
Introduction
Delhi Economic Offences Wing has arrested the erstwhile Director of Ganesh Benzoplast Ltd & M/s GBL Chemical Ltd, namely Ramakant Shankarmal Pilani, who had misrepresented the financial status of the company by using … Read the rest
Introduction
The Indian EdTech industry has seen rapid growth in recent years, with several startups reaching unicorn status and making a significant impact on the educational landscape. One of the notable success stories is PhysicsWallah… Read the rest