The eagerly awaited Mamata Machinery IPO allotment is set to be finalized today, December 24, 2024. With an overwhelming subscription rate of 194.95 times, the IPO garnered massive attention from…
Delhi-NCR unicorn startups have emerged as the top hiring region among India’s leading startup hubs, surpassing Bengaluru and Mumbai. From August 2023 to August 2024, Delhi-NCR unicorns added 18,554 new…
India’s biotech startup ecosystem has witnessed extraordinary growth, transforming from just 50 startups in 2014 to a staggering 9,000 startups today. Union Minister Jitendra Singh, speaking at the FE Green…
Zomato has made history by becoming the first Indian startup to be included in the Bombay Stock Exchange (BSE) Sensex 30, replacing JSW Steel Limited. This landmark achievement highlights the…
Mindgrove Technologies, a cutting-edge fabless semiconductor design startup, has successfully secured $8 million in a Series A funding round. The funding round, co-led by Rocketship.vc and Speciale Invest with participation…
Metals and mining giant Vedanta Ltd., led by billionaire Anil Agarwal, has revised its ambitious demerger plan. Initially, Vedanta planned to split into six distinct entities: Vedanta, Vedanta Aluminium, Vedanta…
In a strategic move, Fortis Healthcare has acquired an additional 7.61% stake in Agilus Diagnostics, India’s largest diagnostic service provider, for a substantial ₹429.37 crore. This acquisition will further increase…
The headcount of unicorn startups in India declined by 6,700 employees between August 2023 and August 2024, according to a study by PrivateCircle Research. Despite this decrease, Indian unicorns remain…
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹27.30 lakh on IndusInd Bank for non-compliance with certain provisions under the Reserve Bank of India (Interest Rate…
Pepperfry, India’s leading e-commerce platform for furniture and home décor, has appointed Madhusudan Bihani as its new Chief Financial Officer (CFO). With over two decades of experience in finance, compliance,…