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…
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…
Bajaj Housing Finance IPO Opens with Price Band of ₹66-70 Per Share; Subscription Starts September 9
Bajaj Housing Finance Limited has announced the price band for its upcoming Initial Public Offering (IPO), set between ₹66 and ₹70 per equity share. The IPO will open for subscription on Monday, September 9, and will close on Wednesday, September 11. The company has scheduled the allocation to anchor investors for Friday, September 6.
The IPO will offer equity shares with a face value of ₹10…
Introduction:
Coca-Cola India’s bottling arm, Hindustan Coca-Cola Beverages (HCCB), is gearing up for a significant transformation as it prepares for an Initial Public Offering (IPO). In a strategic move to capitalize on its growth trajectory and attract prominent investors, Coca-Cola is exploring the sale of a substantial stake in HCCB. This development has drawn interest from notable business…
Zepto, the rapidly growing quick commerce company, has successfully raised $340 million in its latest follow-on financing round, propelling its valuation to a remarkable $5 billion. This funding round marks Zepto’s third major capital infusion within the past year, bringing its total capital raised in the last 12 months to over $1 billion.
The company initially aimed to secure $400 million but…
Rebel Foods, the Mumbai-based cloud kitchen startup behind brands like Faasos, Oven Story, and Behrouz Biryani, is negotiating a $120 million funding round led by Singapore’s Temasek. This new round, if completed, will mark another significant investment in the Indian startup ecosystem, echoing the large funding rounds seen recently by startups like Zepto and Meesho.
The funding is being sought…
Mangaluru-based ice cream brand Hangyo has raised $25 million in funding from Faering Capital. This investment will be used to enhance production capabilities, speed up product development, and extend Hangyo’s reach in key markets, particularly across South India.
Currently, Hangyo operates with over 350 distributors and more than 30,000 retail locations, holding a strong market presence in…
The significant share acquisition aims to increase the capital of the Indian unit, aligning with Foxconn’s broader strategy of scaling up its operations beyond smartphone manufacturing. Liu highlighted the company’s ambitions to advance in sectors such as information and communication technology (ICT), electric vehicles (EVs), energy, and digital health.
In addition to the Indian investment…
Wells Fargo has agreed to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont, marking a significant shift in the commercial real estate landscape. This deal will elevate Trimont to become the largest servicer of commercial real estate securitized debt in the United States.
Trimont, established in 1988 and primarily serving non-bank and alternative lenders, will…
