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…
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…
Bengaluru-based startup Redacto is shaking up the Indian tech world after raising Rs 12 crore in a seed funding round led by PeerCapital and Antler India, with support from angel investors. Founded in 2025 by Shashank Karincheti and Amit Kumar, Redacto promises to transform how Indian companies handle sensitive data using AI-powered automation.
With the Digital Personal Data Protection Act (DPDP)…
India’s fintech scene is buzzing as Jupiter Money, the Bengaluru-based neobank, raises $15 million (₹115 crore) in a fresh funding round from top investors including Mirae Asset Venture Investments, Beenext, and 3one4 Capital. Even the founder, Jitendra Gupta, put his own money into the round, signaling huge confidence in the startup’s future.
While Jupiter hasn’t revealed its latest…
India’s retail investing revolution has a new king—and it’s not who you might think. Groww, the Bengaluru-based fintech unicorn, is storming past competitors, capturing 26.3% of the country’s active retail traders, and it’s showing no signs of slowing down. As the company heads toward its highly anticipated IPO, here’s why investors and traders can’t stop talking about it.
1.
Optimo Capital Secures Major Funding
Prashant Pitti, co-founder of EaseMyTrip, is back in the headlines—but this time with his fintech venture, Optimo Capital. The Bengaluru-based NBFC has raised Rs 150 crore ($17.5 million) in equity funding, led by Pitti himself, alongside existing investors Blume Ventures and Omnivore.
In addition, Optimo has secured Rs 110 crore in debt funding from IDFC…
Artha India Ventures Raises ₹250 Crore in First Close of Micro-VC Fund to Back India’s Next Startup Stars
Artha India Ventures (AIV), one of India’s most active early-stage investment firms, has announced the first close of its second micro-VC fund—Artha Venture Fund II (AVF II)—with a corpus of ₹250 crore. This marks a bold move to double down on India’s booming startup ecosystem…
Building Resilience in an Unpredictable Market
As the global venture capital landscape undergoes dramatic shifts, Vertex Ventures South East Asia and India (VVSEAI) is proving that long-term vision and smart diversification can build resilience even amid market volatility.
The Singapore-based VC firm, part of the Vertex Holdings network under Temasek, recently announced the close of its fifth…
Auxilo Finserve’s FY25 Boom: Fueling India’s Global Education Dreams
In a blockbuster performance that cements its position as India’s fastest-rising education finance powerhouse, Auxilo Finserve Pvt. Ltd. has reported a staggering ₹528 crore in revenue and ₹112 crore in profit after tax (PAT) for FY25 — marking a 48% surge in revenue and a 62% jump in profits over the previous fiscal…
Japan-based venture capital firm Unleash Capital Partners has successfully closed its maiden fund at ₹300 crore (around $36 million), setting its sights firmly on India’s booming fintech and financial services ecosystem. The move underscores the growing appetite among Japanese investors to tap into India’s startup story, particularly in sectors where digital transformation is rewriting…
