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India’s imports from China slowed overtime, exports grow faster: Govt tells ParliamentIndia's imports from China are slowing, with exports growing faster this fiscal year. The government highlighted reduced dependency on Chin...
Google outlines new AI safety push focused on kids, teens, and seniorsIn a move towards responsible innovation, Google is prioritizing AI safety. Advanced on-device measures will protect vulnerable users, incl...
MapmyIndia shares plunge 14% in 2 days, hit 52 week low. Here's whyMapmyIndia share price: C.E. Info Systems (MapmyIndia) shares plunged 14% after CEO Rohan Verma announced plans to start a new B2C company ...
Fintech startup Basic home loan raises Rs 87.5 crore in a Series B funding roundExisting investor Ashish Kacholia, invested further and increased his stake in the company while the round also saw participation from exis...
ICICI Securities initiates coverage on Awfis Space Solutions, sees 11% upside potentialConsidering the above, analysts at ICICI Securities believe that given Awfis’ superior RoCE profile which is likely to consistently range o...
'Opportunistic': Ola Electric CEO Bhavish Aggarwal slams MapMyIndia over lawsuitOla Electric's founder Bhavish Aggarwal defended the company following MapMyIndia's lawsuit for alleged data theft. The lawsuit was filed a...
Peak XV Partners-backed office sharing startup Awfis files IPO papersThe company will issue fresh shares worth Rs 160 crore, in addition to an offer-for-sale (OFS) component of over 1 crore shares. Existing i...
2021 Year in Review | Indian startups come of age with 8 IPOs in 2021As many as eight Indian startups launched IPOs in 2021, both in India and abroad. Every one of them had something for the record books.
MapmyIndia founders strike gold on stellar debut, now worth $586 mnThe Vermas’ startup met with resounding success during its trading debut after its initial public offering. The stock rose around 35 per ce...
IPO market braces for Omicron, US rate hike falloutAccording to Pranav Haldea, the bigger threat for IPO market is the newly detected Omicron variant and the possibility of the US Federal Re...
MapmyIndia can double your money, show grey market trendsOn Friday, the shares were commanding a robust premium of Rs 1,000-1,010 per share, which was almost equal to the price band of its IPO, wh...
IPO-bound India firm powering Apple Maps eyes overseas expansionMapmyIndia raised 3.12 billion rupees ($41.3 million) from anchor investors including Fidelity, Goldman Sachs Group Inc. and Morgan Stanley...
Goldman, Morgan Stanley bid to buy into mapmaker MapmyIndia’s IPOMapmyIndia, officially C.E. Info Systems Ltd., said Monday it’s raising as much as Rs 1,040 crore ($138 million) by selling shares at Rs 1,...
MapMyIndia plans Rs 1,200 crore IPOThe company, which is backed by chip company Qualcomm and payments major PhonePe, is expected to file the DRHP (Draft Red Herring Prospectu...
Nikkei hits 2-week low as virus, political concerns weigh on Japanese sharesNikkei share average lost 0.64 per cent to 28,598.19, its lowest close in two weeks, while the broader Topix dropped 0.37 per cent to 1,948...
ETtech Weekend Briefing: Go forth and createThe creator economy, unlike the real one, has boomed during the pandemic, at a pace that would put even the most nimble startup to shame.
TCS Ignio to touch $100 million revenue milestone this yearIgnio is part of TCS-owned Digitate and helps companies reduce outages by identifying potential hotspots for failure in their networks.
Buy TCI Express, target price Rs 850: ICICI DirectLow leverage, a robust growth trajectory and high core return ratios (FY22E RoCE at 31 per cent, healthy FCF yield), position makes TCI Exp...
Quikr turns unicorn with $1.5 billion valuation as Tiger Global expected to put fresh capitalIndian tech startups valued at $1 billion or more in clude the likes of e-commer ce biggies Flipkart and Snapdeal, taxi aggregator Ola.
Brotherhood of entrepreneurs: How a frat pack of startup founders helping each otherVijay Shekhar Sharma, founder of Paytm, an online payments platform backed by China’s Alibaba, stepped in and provided space for free to Gu...