Meesho’s IPO Surges with 79-Fold Oversubscription; QIB Demand Skyrockets to 120x
E-commerce marketplace Meesho’s IPO saw robust investor interest, with the overall issue subscribed 79 times.
Redapto Secures $500K Seed Funding with Y Combinator at the Helm
Redapto, an AI platform for customer interaction, raised $500K in pre-seed funding led by Y Combinator.
Captain Fresh Achieves Profitability in FY25 with 2.5X Growth in GMV
Captain Fresh, a seafood startup, posted a 2.5X revenue surge to Rs 3,421 crore in FY25, profiting.
PhonePe Shifts Gears: Moving Away from Pincode B2C to Embrace B2B Opportunities
PhonePe has shifted Pincode to a B2B model for merchants, focusing on inventory management and order tools.
Varun Sridhar Takes the Helm at Aspora as CEO, Pioneering Wealth and Lending Innovations
Aspora appoints Varun Sridhar as CEO to lead wealth management and lending, enhancing fintech leadership.
Nexus Venture Capital Secures $700 Million for Fund VIII to Empower Startups in India and the US
Nexus Venture Partners has raised its eighth fund, a $700-million vehicle aimed at early-stage bets in AI.
Dream11 Transitions from Gaming Hub to Sports Entertainment Powerhouse
Dream11 is transitioning to a global sports entertainment platform with creator-led experiences and free play formats.
DMI Alternatives Secures $120 Million for Innovative Private Credit Fund
DMI Alternatives has closed a $120 million fund aimed at cash-flowing Indian companies, focusing on bespoke financing.
MathCo Sees Profit Surge 4.3 Times in FY25 Despite Steady Revenue
MathCo's revenue grew 0.5% to Rs 501.5 crore, with profit surging 4.3X to Rs 64 crore in FY25.
TIDA Sports Secures Seed Funding Round Driven by IPV
TIDA Sports has raised Rs 3 crore to expand its sports training across five states and enhance coaching.
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