🏨 Nuvama Wealth Invests ₹100 Cr in OYO
In a significant secondary market transaction, Nuvama Wealth acquired shares worth ₹100 crore in OYO. This move highlights growing investor confidence in the hospitality tech giant.
💰 Makia Capital Launches Venture Capital Fund
Makia Capital announces a new venture capital fund focused on pre-and-post IPO businesses. Aiming to back promising startups, this fund could reshape the investment landscape for emerging businesses.
🏠 Inkers Technology Raises $3 Mn in Series A Funding
Bangalore-based Proptech startup Inkers Technology successfully raised $3 million in a Series A round. The funds will fuel their innovative solutions in property technology.
💳 In-Solutions Global Receives RBI Nod as Payment Aggregator
The Reserve Bank of India (RBI) has given the green light to In-Solutions Global Ltd to operate as a payment aggregator, strengthening India’s digital payment ecosystem.
📊 Nazara Technologies Injects ₹15 Cr into Datawrkz
Gaming and media company Nazara Technologies invests ₹15 crore into its subsidiary Datawrkz, bolstering its digital advertising strategy.
🚗 EV Startup VOICE Secures Seed Funding
Electric vehicle startup VOICE raises seed funding, accelerating its journey towards eco-friendly innovation in the EV space.
📈 BlueStone Eyes ₹12,000-₹13,000 Cr IPO Valuation
Jewelry retailer BlueStone gears up for an IPO with a valuation of ₹12,000-₹13,000 crore, marking a 50% surge from its previous funding round.
💳 OneCard Raises $25.5 Mn from Top Investors
India’s fintech unicorn OneCard secures $25.5 million from investors like QED Investors, BTV, Peak XV Partners, and Z47, paving the way for more digital credit card innovations.
🎭 OTT Platform STAGE Secures $10 Mn Funding
Regional OTT platform STAGE raised $10 million, led by Goodwater Capital, aiming to expand its vernacular content offerings.
🚢 Shiprocket Adds $19 Mn ESOP Pool
Logistics platform Shiprocket adds $19 million in new ESOP options, signaling employee-centric growth.
💼 Ola Group’s Chief People Officer Resigns
N Balachandar, Ola Group’s Chief People Officer, has stepped down. His departure comes at a critical juncture as Ola ventures into EVs and other domains.
🤝 Veefin Solutions Acquires 50% Stake in Walnut AI
Veefin Solutions expands its AI capabilities by acquiring a 50% stake in Walnut AI, focusing on innovative tech-driven solutions.
📊 Aye Finance Gets Approval for ₹1,450 Cr IPO
Microfinance lender Aye Finance Ltd gets the board’s nod for a ₹1,450 crore IPO, aiming to expand its financial inclusion initiatives.
🤖 Krishna Mehra Joins Elevation Capital for AI Investments
Tech veteran Krishna Mehra joins Elevation Capital to lead investments in artificial intelligence, a key growth area for the fund.
⚖️ Zomato Hit with ₹803 Cr Tax Demand
GST authorities issued a tax demand of ₹803 crore to Zomato, intensifying the scrutiny of the food delivery giant’s financial practices.
📈 Clear’s Revenue Soars by 93% in FY24
Tax and compliance platform Clear achieved a revenue spike of 93% to ₹210 crore in FY24 while significantly reducing its losses.
🍴 Blinkit to Deliver 10-Minute Meals via Bistro Group
Quick commerce platform Blinkit partners with The Bistro Group to deliver meals in under 10 minutes, setting a new standard for speed in the food delivery sector.
🛠️ ServiceTitan Valued at $8.97 Billion After Nasdaq Debut
Software startup ServiceTitan saw its shares jump 42% on its Nasdaq debut, achieving a valuation of $8.97 billion.
🧠 SEC Reopens Probe into Elon Musk’s Neuralink
The SEC has reopened its investigation into Elon Musk’s Neuralink, focusing on compliance and transparency concerns.