Groww, the IPO-bound stock brokerage best known for equities and mutual funds, has pulled off a surprise entry into the fixed-income world. Within just three months of launching bond offerings, the platform has already captured a double-digit share of retail participation in multiple public bond issues—a feat that traditional banks and offline distributors have guarded for years.
According to…
In a major pre-IPO move, 3State Ventures, the Singapore-based investment firm founded by Flipkart co-founder Binny Bansal, has invested Rs 160 crore in Curefoods, the health-focused food delivery company, ahead of its initial public offering (IPO). The development signals strong investor confidence in the rapidly growing Indian food-tech and wellness market.
According to Curefoods’ filing with…
In a major leadership move, Unacademy has appointed Sumit Jain, co-founder and CEO of its subsidiary Graphy, as the new chief executive officer of its flagship Test Preparation business. The announcement comes as the edtech unicorn looks to strengthen its core revenue-driving segment while expanding its digital learning footprint.
Sumit Jain, who previously co-founded the real estate platform…
Rakesh Ranjan, former CEO of Zomato’s core food delivery business, has been appointed as the new CEO of Allen Online, the digital arm of India’s leading test preparation institute, Allen Career Institute. The announcement comes shortly after Abha Maheshwari, a former Meta executive who had been leading Allen Online since 2023, stepped down from the role.
Ranjan officially exited Zomato earlier…
DevX, the coworking space provider, finally shook off its post-listing slump, rising nearly 5% to INR 56.50 on trading. The stock had previously hit the lower circuit in four out of five sessions and was trading over 16% below its listing price, leaving investors anxious.
Strong FY25 Performance Boosts Confidence
The turnaround comes on the back of strong financial results for FY25:
Net profit…
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…
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…
