Fintech major Pine Labs has successfully mobilized Rs 1,754 crore from anchor investors ahead of its highly anticipated initial public offering (IPO), which opens for subscription today. The anchor allotment, which is a crucial precursor to any IPO, reflects strong confidence in the company’s business model and growth potential.
According to filings accessed from the National Stock Exchange…
Tiger Global, the high-profile global investor, has completely exited its stake in Ather Energy, selling 5% of the electric two-wheeler maker for a staggering Rs 1,204 crore. The exit, executed on November 6, 2025, came via open market transactions on both NSE and BSE, with shares averaging over Rs 620 each.
The sale included 1 crore shares on NSE at Rs 623.56 per share and 93 lakh shares on BSE…
Is This the Future of Space Intelligence?
Bengaluru-based spacetech startup Ulook has just raised Rs 19 crore (around $2.3 million) in a funding round co-led by GrowX Ventures and InfoEdge Ventures, and it’s turning heads in the space and tech world. The company is developing autonomous satellite swarms capable of tracking and analyzing activity on Earth like never before.
Founded by Siddhesh…
MeshDefend: The AI Startup Turning Heads
Bengaluru-based enterprise data infrastructure startup MeshDefend has just raised $2.3 million in a pre-seed funding round, signaling a major breakthrough in how enterprises manage their complex data systems. Led by Kalaari Capital, with additional participation from Kettleborough VC and prominent technology industry executives, this round positions…
India’s edtech sensation PhysicsWallah is ready to shake up the stock market with a blockbuster IPO that could value the company at a staggering $3.2 billion. The IPO, priced between Rs 103 and Rs 109 per share, opens on November 11 and closes on November 13, and investors are already buzzing about what this could mean for the future of India’s booming education sector.
The Rs 3,480 crore IPO…
Former investment banker Dhruv Jhunjhunwala has unveiled his new venture, Novastar Partners, an investment firm focused on India’s private markets. The firm is aiming to raise a maiden fund of Rs 350 crore, with an optional green shoe of Rs 150 crore, according to sources familiar with the matter.
Jhunjhunwala, who previously worked with RBC Capital Markets in New York, is an alumnus of the…
Delhivery stunned the market this week with a 17% jump in revenue for Q2 FY26, hitting Rs 2,559 crore. On paper, it looks like business is booming—but behind the numbers lurks a shocking twist: the company reported a net loss of Rs 50 crore, reversing last year’s Rs 10 crore profit.
What caused this sudden downturn? The culprit is the costly integration of its Ecom Express acquisition, which…
AI Startup Game State Labs Secures $2 Million Seed Funding
Game State Labs, a cutting-edge AI startup transforming the gaming industry, has just raised $2 million in a seed funding round co-led by PeerCapital and Neon Fund. The startup plans to use the capital to scale globally, expand its engineering and go-to-market teams, and push the boundaries of AI in gaming.
Founded in 2025 by Aashbir…
In one of the most eagerly awaited initial public offerings (IPOs) of the year, India’s investment platform Groww, operated by Billionbrains Garage Ventures Ltd, has raised a whopping Rs 2,984.5 crore from anchor investors ahead of its public debut. The announcement has sent ripples across the Indian financial ecosystem, prompting investors to scrutinize whether Groww is poised to become the…
In a bold move signaling its ambitions to dominate the Indian e-commerce enablement space, GoKwik has announced the elevation of Abhinav Midha to the role of Chief Business Officer (CBO). This leadership shake-up comes at a time when the company is experiencing meteoric growth, and analysts believe it could be a game-changer for the way brands approach online retail in India.
Abhinav Midha, who…
