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QuiD Cash Gains Momentum with $4.5M Funding, Aims to Onboard 5 Lakh Retailers
Supply chain-focused fintech startup QuiD Cash has secured $4.5 million in a pre-Series A funding round. The round saw participation from a group of angel...
Mili Raises $2 Million in Seed Round to Revolutionize Wealth Management with AI
A new AI meeting assistant platform for wealth management firms, Mili has raised $2 million in seed funding round led by Chiratae Ventures and...
Infosys Invests Nearly $1 Million in Healthtech Startup 4baseCare to Advance Precision Oncology
IT giant Infosys is reportedly investing nearly $1 million to acquire a minority stake in healthtech startup 4baseCare.Infosys Shares Details of this Investment In a...
Brokerages’ ‘Buy’ ratings on Swiggy’s IPO amid capitalization loss concerns
UBS, a global brokerage firm, has started covering Swiggy, a major food delivery platform company, and given it a 'Buy' rating. They have set...
Swiggy makes strong market debut, surges 16.91% above IPO price
Foodtech major Swiggy's shares closed at INR 455.95 on the BSE, a 16.91% increase from its IPO price of INR 390. The stock listed...
Global investment firm Prosus earns $2 Bn from Swiggy’s IPO
Global investment giant Prosus has reaped a whopping $2 billion from its investment in foodtech major Swiggy, which made its stock market debut on...
Meesho registers reduction in net loss by 81.8% to INR 304.9 Cr in FY24
Meesho's net loss significantly decreased by 81.8% to INR 304.9 crore in the financial year 2023-24, from INR 1,675 crore in the previous year....
Day 2: Swiggy’s IPO continues to receive lukewarm response with only 35% subscription
Swiggy's INR 11,324 crore IPO saw a slow response on the second day persistently, with only 35% of the shares being subscribed. Bombay Stock...
India’s Textile Industry to see 6-8% growth in FY25 driven by US demand
India's home textiles industry is likely to see revenue growth of 6-8% for the fiscal year, with significant expansion coming from the domestic market...
Swiggy secures INR 5,085 Cr before IPO, issues 13.03 Cr shares
Foodtech giant Swiggy raised INR 5,085 Cr on Tuesday, November 5, from anchor investors at INR 390 per share, ahead of its IPO. The...
Flipkart Internet achieves 21% revenue growth, cuts losses by 41%
Flipkart Internet, the marketplace arm of Flipkart, saw its revenue grow by 21% year-on-year to INR 17,907.3 Cr in FY24, as per Tofler's regulatory...
Beauté Secrets receives INR 1.6 crore from Velocity ahead of festive season
Beauté Secrets, a beauty tools brand from Gurgaon, received INR 1.6 crore from Velocity, backed by Peter Thiel's Valar Ventures. Just in time for...