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BRND.ME converts into public company, eyes IPO in 12-18 monthsBRND.ME, formerly Mensa Brands, has converted into a public company after shifting its corporate base to India. The consumer brands platfor...
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
Oxyzo Financial Services FY26 net profit rises 11% to Rs 375 crore, on 23% revenue jumpThe profitable fintech lender is looking to widen its debt-market play through the acquisition of Rainmatter-backed GoldenPi Technologies, ...
Ex-Cars24 India CEO Himanshu Ratnoo joins e-cycle company EMotorad as cofounderFormer Cars24 India used-car CEO Himanshu Ratnoo has joined EMotorad as cofounder, bringing his expertise to the electric cycle company. Ra...
Supreme Court bats for rationalisation of airfares, asks Centre to provide relief to peopleThe Supreme Court has taken a stand on air travel pricing, urging the government to implement fairer airfare practices. Observing substanti...
Global investors Temasek, Alpha Wave Global eye $1.3 bn investment in Adani AirportsAdani Airports: In all, four investors are expected to join the consortium seeking a stake in India's largest private airport operator, bet...
Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBIMarkets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressiv...
Long Lake to buy Amex GBT for $6.3 billion in AI travel betInvestment firm Long Lake will acquire American Express Global Business Travel for six point three billion dollars. This all-cash deal sign...
Cars24 cofounder Mehul Agrawal steps down from operating roleMehul Agrawal, cofounder of used car marketplace Cars24, is stepping down from his operational role after over a decade. He will remain on ...
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
Bharti Airtel-owned Nxtra to raise $1 billion amid data center boomIndia's Bharti Airtel-owned Nxtra Data will raise $1 billion from Alpha Wave Global, Carlyle Global, Anchorage Capital, as well as its pare...
Bharti Airtel’s Nxtra gets $1 billion from Carlyle, Alpha WaveBharti Airtel is injecting one billion dollars into its data centre business, Nxtra Data Limited. Alpha Wave Global, Carlyle Group, and Anc...
Airtel lines up $1 bn investment for data centre arm Nxtra, to rope in Alpha Wave GlobalBharti Airtel's Nxtra Data is set to raise $1 billion. This funding will expand its data centre capacity to gigawatt scale. Alpha Wave Glob...
CCI approves acquisition of certain issued and paid-up equity share capital of HaldiramThe Competition Commission of India (CCI) has approved Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP's acquisition of equity in Haldi...
Haldiram sells stake to IHC and Alpha Wave GlobalHaldiram Snacks Food, India's prominent snack and food brand, has confirmed the sale of stakes to new investors IHC and Alpha Wave Global. ...
Aye Finance witnesses a 56% growth in AUM in 2022-23The MSME lender delivered a profit after tax of Rs 60 crores and a revenue of Rs 630 crores for the fiscal ending 31 March 2023.
Private market correction still in infancy, much more to come: Alpha Wave’s Navroz UdwadiaKeeping the downturn in mind, the fund will look to make more early-stage bets, just the way others like Tiger Global are doing in India.
ETtech Deals Digest: Turtlemint, WoodenStreet, Geniemode, others raised funds this weekInsurtech startup Turtlemin, Singapore-based Believe Pte Ltd, Furniture and home decor platform WoodenStreet were among the startups that r...
NFT startup Revise raises $3.5 million funding led by AlphaWave Global, 8i VenturesRevise offers developers the rails to programme NFTs and interact with applications and data. This takes NFTs from static images to interac...