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RDI Fund Row: Deeptech Investors Seek More Transparency, Independent Oversight

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For India’s deeptech sector, the government’s deeptech-focused ₹1 Lakh Cr Research, Development and Innovation (RDI) fund was supposed to be a game c…

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Ola Electric Unveils Three New Energy Storage Products

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With an eye on bolstering its energy solutions business, electric vehicle (EV) maker Ola Electric yesterday announced the launch of three new battery…

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From Yulu To Discovered Materials — Indian Startups Raised $140 Mn This Week

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Indian startup funding activity remained muted in the second week of August, even as astrology platform AstroTalk joined the unicorn club to become …

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Atomberg To Form JV With Voltas To Manufacture AC Compressors

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IPO-bound consumer appliances startup Atomberg has joined hands with Tata-owned Voltas to manufacture compressors for room air conditioners (ACs) in …

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Maharashtra FDA Suspends Licences of 14 Dark Stores Of Blinkit, Zepto & Instamart

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The Maharashtra Food and Drug Administration (FDA) has reportedly suspended the licences of 14 “food business establishments” linked to quick commerc…

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LEAP India Shares List At 4.4% Premium To Issue Price Of ₹159

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Shares of LEAP India made their stock market debut on the BSE and NSE today, listing at a premium of about 4.4% to the issue price of ₹159. The stock…

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Razorpay’s ChatGPT Gambit, Snapchat’s Next Big Quest & More

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Razorpay Wants To Put Indian Brands Inside ChatGPT As ChatGPT and other AI assistants move from answering questions to recommending products and fac…

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Rapido Bags Karnataka Cab Aggregator Licence Till 2031

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Mobility unicorn Rapido has secured the cab aggregator licence from the Karnataka State Transport Authority. Granted under the Karnataka On-Demand …

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Zetwerk Files UDRHP For ₹2,600 Cr IPO

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Months after the markets regulator cleared its confidential IPO filing, B2B manufacturing startup Zetwerk has now filed its updated draft red herring…

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IPO-Bound Infra.Market Eyes Reverse Listing Via Shalimar Paints In ₹10,440 Cr Share Swap

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Building materials unicorn Infra.Market is exploring a reverse-listing route through Shalimar Paints, with the listed paints company considering acqu…

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Astrotalk’s Unicorn Leap, Shiprocket IPO Day 1 & More

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India Welcomes Its 133rd Unicorn Astrotalk has become India’s 133rd unicorn. The startup entered the coveted club after an ESOP buyback valued the p…

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SEBI Issues Show Cause Notice To Paytm Over 2023 Disclosure

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The Securities and Exchange Board of India (SEBI) has issued a show cause notice (SCN) to the key managerial personnel (KMP) of fintech major Paytm o…

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