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Insurance Brokers Oppose IRDAI Reforms, Project 70% Revenue Loss

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The Insurance Brokers Association of India (IBAI) has said that the Insurance Regulatory and Development Authority of India’s (IRDAI) recently propos…

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Honasa Shares Jump Over 8% On Strong Q2 Growth Outlook

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Shares of Mamaearth parent Honasa Consumer jumped as much as 8.2% to ₹478.20 on the BSE in early trade, after the beauty and personal care (BPC) comp…

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Snapdeal’s Weak Listing, Founders Pledge Stakes & More

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AceVector’s Dull D-Street Debut AceVector stepped onto Dalal Street with a weak show. Shares of the Snapdeal parent listed at a discount yesterday, …

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Beyond Appliances Raises ₹110 Cr To Expand Product Portfolio, Boost Manufacturing

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Smart kitchen brand Beyond Appliances has raised ₹110 Cr ($10.4 Mn) in a Series B funding round led by Fireside Ventures, with participation from Dha…

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RentoMojo Q1: Profit Tanks 39% YoY To ₹7.8 Cr, Revenue Zooms 51%

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In its first financial disclosure after becoming a listed entity, furniture and appliance rental startup RentoMojo’s net profit tanked 38.7% to ₹7.8 …

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Bhavish Aggarwal Pledges 4.32% Ola Electric Stake To Fund Rights Issue Subscription

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Ola Electric founder and CMD Bhavish Aggarwal has pledged a 4.32% stake in the electric two-wheeler maker to fund his participation in the company’s …

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Snapdeal Parent AceVector Lists At 11.6% Discount On BSE

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Snapdeal parent AceVector made a weak stock market debut, listing at ₹28.30 on the BSE, an 11.6% discount to its issue price of ₹32 per share. On th…

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The Rise Of Bank-Built AI, Weekly Funding Rundown & More

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Banking’s AI Investment Playbook No longer content with buying AI tools, banks are moving to co-build and invest in AI startups. As partnerships dee…

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Jack Dorsey’s Bitchat Goes Offline In India, Apple Cites MeitY Order

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Bitchat, the decentralised messaging platform founded by Twitter (now X) cofounder Jack Dorsey, has been removed from Google Play Store and Apple’s A…

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New-Age Tech Stocks Extend Slide, Turtlemint Slumps Another 20% This Week

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New-age tech stocks remained under pressure this week, with 47 stocks declining as benchmark indices recorded their eighth consecutive weekly fall. …

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AceVector IPO: SoftBank To Pocket ₹88 Cr; Individual Investors Book Up To 5.4X Return

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Snapdeal parent AceVector’s initial public offering (IPO) is set to provide an exit opportunity to several of its early investors and promoters, with…

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