IPO News: SoftBank might make 106% gains on investment in Ola Electric, FirstCry, and Unicommerce
The Japanese digital investment behemoth SoftBank has long been a key participant in the Indian startup scene. SoftBank has made...
Byju Raveendran takes charge of Byju’s again as NCLAT accepts settlement with BCCI
August 2, 2024: On behalf of Byju Raveendran, the originator of Byju's, the Board of Control for Cricket in India...
Court directs Riju Raveendran to pay $10,000 each day until he finds two year old missing $533 Mn
A substantial daily fine has been imposed on suspended director Riju Ravindran of the troubled educational technology company Byju's, in...
Unicommerce eSolutions to price IPO at Rs. 102 to Rs. 108 per share
Unicommerce eSolutions Ltd., a software-as-a-service (SaaS) platform for e-commerce enablement, is preparing for its initial public offering (IPO) with support...
Ransomware attack shuts payment systems down across 300 small Indian banks
A concerning aspect is that over 300 small local banks in India were forced to stop accepting payments due to...
BharatPe acquires 85 Cr debt funding from Trifecta and InnoVen
Fintech unicorn BharatPe has raised debt investment of Rs 85 crore, or about $1.02 million, through the use of non-convertible...
Byju’s, BCCI settle dispute but US lenders question source of funds
Chennai, July 31, 2024: Byju Raveendran, the suspended director, shareholder, and promoter of the massive edtech company Byju's, has been...
If successful Ola Electric IPO could make CEO Bhavish Aggarwal richer by ₹288 Cr
On August 2, 2024, Ola Electric, the top producer of electric vehicles in India, will launch its initial public offering...
IndiaMART profit increases by 37% to INR 100 CR in Q1 FY25
A prominent online B2B marketplace in India, IndiaMART InterMESH, has released remarkable financial statistics for Q1 FY25, the first quarter...
FirstCry to file for $3-3.5 Bn IPO this week
Leading company in the newborn and mother care goods market, FirstCry, is about to take a big step forward with...