The SEBI (Securities and Exchange Board of India) has tightened rules for Small and Medium Enterprises (SME) IPOs with new amendments to ensure only financially sound entities can access public markets. Key changes incl
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Edtech Startup edept Secures $1 Million in Seed Funding to Revolutionize Higher Education
Bengaluru-based adept, a higher education-focused edtech startup, has successfully raised $1 million in a seed funding round led by Enzia Ventures and Equanimity Investments. Notable investors participated, including Bh
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Zomato Raises ₹8,500 Crore Via QIP at ₹252.62 Per Share to Accelerate Growth Plans
In a significant move to bolster its expansion efforts, Zomato, the food delivery and quick commerce giant, has successfully raised ₹8,500 crore through a Qualified Institutional Placement (QIP). This marks Zomato’s fir
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Bloom Hotels Reports ₹250 Crore Revenue in FY24, Profit Grows 2.3X
Bloom Hotels is a prominent player in India’s hospitality sector. It has achieved remarkable financial growth in FY24, reporting a revenue of ₹250 crore. It marks a fivefold growth in just two years, up from ₹49 crore i
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ApnaKlub’s FY24 Revenue Hits Rs. 537 Crore While Cutting Losses by 14%
B2B e-commerce platform ApnaKlub has reported impressive growth for the fiscal year ending March 2024, nearly doubling its gross revenue and significantly reducing losses. The company’s gross revenue surged to Rs 536.78
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OneCard Secures $28.5 Million in New Funding Round
Pune-based mobile-first credit card startup OneCard is raising Rs 239.4 crore ($28.5 million) in its first equity funding round 2024. Better Tomorrow Ventures, Peak XV (formerly Sequoia Capital), and Z47 (formerly Matri
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Zepto Secures $350 Million in Funding, Surpasses $1.35 Billion in 2024
Quick commerce giant Zepto has raised $350 million in a funding round led by Motilal Oswal Private Wealth. Prominent investors such as Raamdeo Agarwal, Mankind Pharma Family Office, and the Taparia Family Office partici
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OneCell Diagnostics Secures $16 Million Series A Funding for Global Expansion
OneCell Diagnostics, a pioneer in cancer diagnostics, has raised $16 million in a Series A funding round led by Celesta Capital, with contributions from Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures.
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Moksha Group Acquires Arzooo’s Strategic Assets to Boost Small Retailers
Mumbai-based Moksha Group, a leader in distribution, supply chain, and financial services, has acquired key assets of Arzooo, a retail tech startup. This acquisition, arising amid Arzooo’s financial struggles—including
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Airbound Secures $1.7 Million Seed Funding to Transform Drone Logistics
Bengaluru-based drone technology startup Airbound has raised $1.7 million in seed funding, led by Lightspeed. Additional backing comes from gradCapital and prominent angel investors. Following an earlier $50.1K funding
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