India’s luxury fashion scene is about to get a public listing makeover. Purple Style Labs (PSL), the parent company of the renowned designer platform Pernia’s Pop-Up Shop, has filed its draft red herring prospectus (DRHP) with SEBI for an IPO worth Rs 660 crore, marking a major milestone for high-end fashion in India.
The IPO Details: Fresh Equity to Fuel Growth
The proposed IPO will be…
The digital world has transformed the way we communicate. From face-to-face conversations and phone calls, today nearly every interaction happens online. But with convenience came unprecedented risks: scams have evolved beyond stealing money or data—they now impersonate trusted contacts, manipulate trust, and infiltrate conversations themselves.
Enter YAL.ai, the UAE-based startup on a mission…
India’s fintech landscape is buzzing again — and this time, it’s not a funding round or a flashy partnership making headlines. PhonePe, one of India’s biggest digital payment players, has quietly filed confidential IPO papers with SEBI, setting the stage for what could be one of the largest tech listings in India’s history.
According to reports, the Walmart-owned fintech unicorn has…
In a major boost to India’s defence-tech ecosystem, photonics and defence technology startup Olee.Space has appointed Air Vice Marshal (AVM) Rajiva Ranjan VM (Retd) as its Strategic Defence Advisor.
With over 30 years in the Indian Air Force (IAF), AVM Ranjan brings unmatched experience in fighter operations, defence technology, and integrated warfare, and will play a key role in helping…
Indian venture capital firm Chiratae Ventures, best known for backing Flipkart, FirstCry, and Lenskart in their early days, has announced the second close of its fifth fund at $150 million. The firm is now on track to raise $350 million (with a hard cap of $500 million) by the first quarter of 2026.
The new fund, named Chiratae Ventures Master Fund V under its Category II AIF Chiratae Ventures…
AI-driven rewards platform SaveSage has roped in Bhavesh Gupta, former President & COO of Paytm, as its Senior Advisor and Anchor Investor.
With a career spanning 27+ years across retail banking and lending, Gupta has held leadership roles at ICICI Bank, IDFC First Bank, Clix Capital (as founding CEO), and most recently at Paytm. His appointment marks a big moment for SaveSage, which is betting on…
Go Digit General Insurance, one of India’s fastest-growing insurtech firms backed by Prem Watsa’s Fairfax Group, has found itself in the spotlight again. This time, the company has received a demand-cum-show cause notice from the Goods and Services Tax (GST) Authority, seeking nearly Rs 15 crore in alleged unpaid taxes, interest, and penalties.
While the headline figure might sound alarming…
Delhi-NCR is a city of dreams, but for most families, those dreams are often measured in square feet, and sometimes, even those remain out of reach. Amidst rising property prices and shrinking spaces, Kamal Associates has quietly built a reputation as the “neighbourhood builder” that keeps things simple: good homes, fair prices, and locations that actually make sense.
From By-Lanes to…
Bengaluru-based OnFinance AI, a startup developing artificial intelligence solutions for the banking, financial services, and insurance (BFSI) sector, has raised $4.2 million (around INR 37 crore) in a pre-Series A funding round. The round was led by Peak XV’s Surge and saw participation from prominent investors including Groww Founders’ Fund, MarsShot VC (Razorpay Founders’ Fund), Climber…
In response to US President Donald Trump’s new $100,000 H-1B visa fee, Zoho founder and chief scientist Sridhar Vembu has urged affected Indian professionals to consider returning to India. Writing on X on Sunday morning, Vembu described the situation as a challenging yet potentially transformative moment for Indians working in the United States.
“Come back home. It may take five years to…
