Chandigarh-based fashion startup Theater has raised $1.5 million in a pre-Series A funding round led by Mumbai-based venture capital firm Prath Ventures. The round also saw participation from existing angel investors, reflecting strong confidence in the brand’s growth potential.
Founded in 2021 by Sarthak Aggarwal, Vikram Jain, Karan Jain, and Shruti Aggarwal, Theater specializes in women’s…
Mumbai-based ed-fintech startup Invest4Edu has successfully raised $3 million in a seed funding round led by prominent family offices. The startup specializes in providing education planning, saving, and investment services, and plans to use the new funds to accelerate its growth and enhance its impact in early education planning and financial support.
Founded in 2021 by financial industry…
Mumbai-based proptech startup JUSTO Realfintech has successfully raised $7 million in a recent funding round led by investment management firm Arbour Investments. This funding is a strategic mix of equity and debt, with $5 million allocated as equity and the remaining $2 million infused as debt.
Founded in 2019 by Pushpamitra Das and Rahul Pande, JUSTO Realfintech specializes in providing…
Infosys co-founder N Narayana Murthy recently imparted valuable life lessons to students at Mount Everest School in Byatarayanapura. Speaking on September 3 as part of the Times of India’s ‘Teach for India’ Leaders Week, Murthy encouraged the young audience to aim beyond his own accomplishments.
When asked by a student how to emulate his success, Murthy responded, “I do not want you to…
Dr. Subhash Chandra, Chairman Emeritus of Zee Entertainment Enterprises Ltd. (ZEEL), has made serious allegations against Madhabi Puri Buch, Chairperson of the Securities and Exchange Board of India (SEBI). Chandra accuses Buch of corruption and unethical behavior, claiming she is largely responsible for the collapse of the Zee-Sony merger and has attempted to harm other affiliated companies.
In a…
BYJU’S insolvency resolution professional (IRP), Pankaj Srivastava, has removed Glas Trust Co, a consortium of US-based lenders, from the committee of creditors (CoC) overseeing the troubled edtech startup’s bankruptcy proceedings. This decision came after Srivastava determined that Glas Trust did not meet the minimum 51% threshold of lenders required in the $1.2 billion Term Loan B (TLB)…
OfBusiness, the B2B marketplace unicorn, is preparing for a significant initial public offering (IPO) valued between $750 million and $1 billion. The company aims to launch the IPO in the second half of 2025 and is in the process of finalizing investment bankers to manage the public issue.
IPO Details and Investment Bankers
OfBusiness CFO Bhavesh Keswani revealed to Reuters that the startup is…
Bengaluru-based Stoa, renowned for offering alternative MBA courses, is making a significant shift with the launch of its new AI-based enterprise agent platform, Zeus. This pivot from educational services to technology reflects Stoa’s ambition to redefine how organizations manage and align their teams.
Zeus: An AI Revolution for Enterprise Efficiency
Zeus is positioned as an organizational…
Germany-based travel-tech firm FlixBus is making a significant leap into South India, marking its entry into the region with an exciting new service. Beginning on September 10, FlixBus will offer routes from Bengaluru to key South Indian cities, including Chennai and Hyderabad, with plans to extend services to Coimbatore, Madurai, Tirupati, Vijayawada, and Belagavi.
The announcement was made on…
Arief Mohamad, the seasoned executive who recently led Flipkart’s fashion vertical, is poised to take on a new role as Chief Business Officer (CBO) at Angel One. Mohamad has formally resigned from his position at Flipkart, where he has been a significant contributor for over nine years, including his recent tenure as Vice President and Head of Fashion since November 2023.
Mohamad’s departure…
