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Kamath Brothers Pick Up INR 250 Cr Minority Stake In IPO-Bound InCred
20+ hour, 43+ min ago —...In 2022, InCred Finance merged with KKR India Financial Services.... ...2016 by Bhupinder Singh, InCred Group operates in the BFSI sector...

PhonePe To File Draft Papers For $1.5 Bn IPO By August
12+ hour, 21+ min ago —...Mahindra, Citigroup and Morgan Stanley to helm the IPO PhonePe made... ..., Citigroup and Morgan Stanley to helm the IPO. ...

Meesho Completes Reverse Flip To India: Report
12+ hour ago —...listing and onboarded bankers including Morgan Stanley, Kotak Mahindra... ...Last month, the company received approval from National Company Law...

Ola Electric Hits Fresh All-Time Low Amid Broader Market Slump
18+ hour, 44+ min ago —...Ola Electric CEO Bhavish Aggarwal said that the company has addressed... ...company stood at $2.3 Bn, as per Ola Electric’s last close at INR... ...Besides, Hyundai Motor Company also exited the company following... ...On the other hand, Ola Electric is also seeing major institutional...

Govt To Offer 100% Compute Subsidy To Sarvam, Others For Foundational Models: Report
15+ hour, 19+ min ago —...Meanwhile, Soket AI Labs will be developing India’s first open source... ...The Union Cabinet approved the IndiaAI Mission in March 2024, with... ...Recently, Soket AI founder and CEO Abhishek Upperwal told Inc42 that...

ArisInfra IPO Day 2: Issue Subscribed 84% So Far
4+ day, 11+ hour ago —...subscription Update | June 19, 07:30 PM B2B ecommerce company ArisInfra Solutions... ...investor enthusiasm, the second day of B2B ecommerce company ArisInfra... ...Cr shares at INR 222 per share to 15 investors, including Astorne Capital... ...Two days ahead of the IPO opening, ArisInfra raised INR 224.8 Cr...

ArisInfra IPO: Issue Oversubscribed 2.4X On Day 3 So Far
4+ day, 8+ hour ago —...Original | June 20, 3:38 PM B2B ecommerce company ArisInfra Solutions... ...Update | June 20, 10:04 PM The IPO of B2B ecommerce company ArisInfra Solutions... ...Founded in 2021 by Ronak Morbia and Bhavik Khara, ArisInfra is a... ...long term, others may simply stay away from this pricey bet,” Bajaj Broking...

CoRover Unveils BharatGPT Mini, India's First Offline Multilingual AI Model
17+ hour, 28+ min ago —...Jitin Prasada launched BharatGPT Mini SLM at the VivaTech conference... ...of state for commerce & industry and electronics & IT Jitin Prasada... ...Founded by Sabharwal, Kunal Bhakhri, and Manav Gandotra, CoRover... ...is an AI startup that provides a conversational Gen AI platform for...

IdeaForge Hit 10% Upper Circuit Amid Defence Stocks Rally
18+ hour, 36+ min ago —...Defence stocks like Mazagon Dock, HAL, Bharat Dynamics, and others... ...down 0.7% and 0.8 at 11:12 AM), the Nifty India Defence Index was... ...book is skewed towards civil contracts, comprising 96%, while defence... ...25.7 Cr, up 7% from INR 24 Cr in the previous quarter....

Delhivery Takes The Hyperlocal Turn
1+ day, 34+ min ago —...MD and CEO Sahil Barua had announced a pilot in Ahmedabad “We are... ...Taking on the likes of Pidge, Porter, Uber, Rapido, Borzo and others... ...in Delhi NCR and Mumbai and shared plans to launch the services... ...Valmo could pressure Delhivery’s 3PL Express Parcel (EP) business...