Zepto IPO: Aadit Palicha, Kaivalya Vohra to hold stake; Nexus Ventures biggest seller in OFSQuick commerce firm Zepto's promoters will not dilute equity in its upcoming IPO, which aims to raise Rs 8,010 crore via fresh issue and an...
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
Zepto files updated papers for Rs 9,500 crore IPO; aims July listingQuick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering incl...
UK-based database management firm DSP opens first overseas GCC in Bengaluru, partners GoodWorks GroupUK database firm DSP has launched its first overseas Global Capability Centre in Bengaluru. This marks DSP's entry into India. The new cent...
Indian VCs expand US footprint to tap AI boom earlyIndian tech investors are increasingly establishing a presence in the US, particularly in the Bay Area, to tap into the booming AI sector. ...
Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
Man accused of links with Mumbai underworld, Pakistan's ISI arrestedA man named Huzaifa, allegedly linked to a D-Company operative and Pakistan's ISI, has been arrested. He is believed to be a close associat...
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
Nexus, Rainmatter invest Rs 225 crore in Agilitas SportsAgilitas Sports secured Rs 225 crore from Nexus Venture Partners and Rainmatter. This funding will fuel expansion in manufacturing, brands,...
Exclusion of married daughter from definition of 'family' manifestly arbitrary: SCThe Supreme Court has ruled that married daughters are eligible for compassionate appointments. The court found excluding them from the def...
Ex-Kotak exec arrested in Rs 145 crore Panchkula fraud caseEnforcement Directorate arrested a former Kotak Mahindra Bank executive. He is accused of masterminding a ₹145-crore fraud. Panchkula munic...
Armenia rejects Putin's pressure for EU referendumArmenia's Prime Minister Nikol Pashinyan has rejected Russia's demand for a referendum on joining the European Union. Pashinyan stated that...
Dawood-ISI nexus exposed: Delhi Police busts ISI-underworld terror module, 9 arrestedDelhi Police's Special Cell has apprehended nine individuals suspected of operating for an ISI-Mumbai underworld network. The group was all...
Supreme Court upholds Bihar SIR, calls it key to free and fair pollsThe Supreme Court has upheld the special intensive revision of electoral rolls in Bihar. The court stated this process is vital for ensurin...
India’s realty sector sees rise in ESG-linked fundraising amid tighter lendingIndian real estate is embracing green finance. Investment funds and property platforms are linking their fundraising to environmental and g...
US firm ContentNexus files patent suit against WiproA US patent holder has sued Wipro in a federal court. The company alleges Wipro used patented technology without permission. This involves ...