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Wakefit shares slide after stock market debut, paring paper gains of founders and early investorsWakefit's shares declined post-IPO, impacting founders and early investors' paper gains. Cofounders Ankit Garg and Chaitanya Ramalingegowda...- Wakefit files DRHP for IPO; to raise Rs 468 crore via fresh issueWakefit's investors, including founders Chaitanya Ramalingegowda and Ankit Garg, will sell a total of 58.4 million shares via the offer-for...
- $1 billion & running: Investcorp to bet on India's factoriesBahrain’s Investcorp plans to expand its India investments with larger deals and a revised strategy. Since entering India in 2018, Investco...
- NuSummit plans expansion in Asia Pacific, Western Europe to fuel growthThe technology services firm currently has around 60% of its revenues coming from India with operations also in North America and Middle Ea...
- D2C startup Wakefit records 24% jump in its FY24 revenueWakefit cofounder Chaitanya Ramalingegowda attributed the increase in revenue to the company’s focus on strengthening its omnichannel prese...
- NDR InvIT Trust lists on National Stock ExchangeNDR InvIT Managers Private Limited is the Investment Manager and Axis Trustee Services Limited is the Trustee for the NDR InvIT Trust.
- Investcorp aims to give India business a $5 billion boost"In the last five years, we got to know India very well, the team has really formed well, so the foundation is solid. And now, because of w...
- SPJIMR's autumn internship: Students receive 340 offers with a record average stipend of Rs 3.15 lakhThe batch received 340 offers from 53 companies, with FMCG enterprises leading the way, closely followed by Consulting firms. The median co...
- NDR Warehousing secures ₹500 crore from InvestcorpA part of NDR group, NDR Warehousing was established in 1986. Under its managing director N Amrutesh Reddy, the company has experienced sig...
- Zolostays foray into luxury hotel space with launch of Hotel Z Triloha in Bengaluru"Our entry into the luxury segment with this launch in Bangalore marks a significant milestone in our expansion plans. Our expansion strate...
- ETtech Deals Digest: February driest month for Indian startups in a year, funding drops 84% YoYIndian startups raised 41% less money in February than in January, when they had raised $1.38 billion across 157 rounds, whereas in Februar...
- NDR Warehousing plans to raise Rs 2,000 crore through InVIT this year"The company is expected to file a DRHP by March with SEBI, and we expect to list by August. Some of our existing investors are looking to ...
- Co-living platform Zolostays plans to more than double portfolio by year-end"The company aims to be profitable at the company level by April 2023. The operational loss for the October-December '21 period was ₹5 cror...
- NDR Warehousing to invest over Rs 2,000 crore to expand assets portfolio in 2 yearsThe company, backed by global investment manager Investcorp, is also looking at inorganic growth options and joint ventures to expand its p...
- Zolostays, largest co-living brand in India, is looking to double its portfolio by year-endThe company plans to add around 60,000 by the end of 2022 to its 42,000 beds across major cities in the country. During the pandemic, Zolos...
- Investcorp leads $55 million investment in NDR WarehousingGlobal investment manager Investcorp which specialises in alternative investments has led a $55 million or over Rs 411-crore investment in ...
- StockGro raises $5 million in funding led by Roots Ventures, Velo PartnersThe company said it will use the capital to grow its user base, hire tech talent and build new features.
- InCred kicks off talks to merge with KKR’s NBFCThe two companies have entered into exclusive discussions for the next six-eight weeks, said sources briefed on the matter, as they look to...
- Investcorp closes Rs 323-crore funding round in NephroPlusThe latest transaction will see Sea-Link Capital Partners, the investment firm founded by former KKR senior executive Heramb Hajarnavis, sc...
- Investcorp raises Rs 1,000 cr for IndiaInvestcorp's latest India-dedicated fund focuses on consumer, finserv and healthcare.
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