Boat Co-founder Aman Gupta’s OffBeat Raises Rs 100 Crore in Funding Led by Bessemer
OffBeat, the new-age lifestyle and consumer brand co-founded by Aman Gupta, co-founder of Boat, has…
Boat Co-founder Aman Gupta’s OffBeat Raises Rs 100 Crore in Funding Led by Bessemer
OffBeat, the new-age lifestyle and consumer brand co-founded by Aman Gupta, co-founder of Boat, has successfully raised Rs 100 crore in funding, with global venture capital firm Bessemer Venture Partners leading the round. This marks a significant milestone for the brand, which aims to disrupt India’s lifestyle and consumer goods market with innovative products and…
InCred Alternatives Closes Maiden Special Opportunities Credit Fund at Rs 1,500 Crore
InCred Alternatives, the alternative asset management arm of InCred Capital, has announced the successful closure of its maiden Special Opportunities Credit Fund at Rs 1,500 crore. This marks a significant milestone for the firm as it strengthens its position in India’s growing private credit market. The fund aims to provide structured credit solutions to mid-sized…
Nykaa Eyes Deepika Padukone’s 82°E; Wipro Seals $1B Deal
India’s corporate landscape is buzzing with two major developments: beauty and lifestyle giant Nykaa is reportedly eyeing a strategic partnership or investment in Deepika Padukone’s skincare brand 82°E, while IT services major Wipro has sealed a landmark $1 billion deal, strengthening its global technology footprint. These moves highlight the dynamism of India’s consumer and technology…
RBI Shuts Co-operative Bank in Maharashtra: What Happens to Your Money
The Reserve Bank of India (RBI) has announced the closure of a co-operative bank in Maharashtra, citing financial instability and regulatory non-compliance. This decision has raised pressing concerns among depositors about the safety of their money and the process of recovery under the Deposit Insurance and Credit Guarantee Corporation (DICGC) framework. Background of the Closure…
Enterprise AI Startup Xccelera Raises Rs 1.2 Crore
Enterprise AI startup Xccelera has successfully raised Rs 1.2 crore in its latest funding round, marking a significant milestone in its journey to revolutionize enterprise solutions through artificial intelligence. The capital infusion is expected to accelerate product development, expand market reach, and strengthen the company’s position in the competitive AI-driven enterprise technology space. Background of…
Zetwerk Reshapes Board, Leadership Structure Ahead of IPO
Zetwerk, the global manufacturing services unicorn, has announced a significant reshaping of its board and leadership structure as it prepares for its much-anticipated Initial Public Offering (IPO). The move underscores the company’s intent to strengthen governance, streamline decision-making, and position itself for sustainable growth in public markets. Background of Zetwerk’s IPO Plans Founded in 2018,…
HNI Portfolios Need Reset, Not Fresh Equity Aggression Despite Sharp Correction: Nuvama Wealth’s Rahul Jain
In the wake of recent market volatility and sharp corrections, Nuvama Wealth’s Rahul Jain has emphasized that High Net Worth Individuals (HNIs) should focus on resetting their portfolios rather than rushing into fresh equity aggression. His perspective highlights the importance of strategic rebalancing, risk management, and long-term wealth preservation over reactionary moves driven by short-term…
FII Exits Due to Weak Earnings Growth, Not Valuations: Franklin Templeton MF’s Avinash Satwalekar Sees Big Opportunity in SIF and Lifecycle Funds
Franklin Templeton MF’s Avinash Satwalekar has clarified that recent foreign institutional investor (FII) exits from Indian equities are driven by weak earnings growth rather than stretched valuations. He believes India’s structural growth story remains intact and sees Specialized Investment Funds (SIF) and Lifecycle Funds as major opportunities for investors. Key Highlights Comparative Analysis of FII…
Elon Musk’s SpaceX Confidentially Files Papers for IPO: Guide to US Listing Process
SpaceX, led by Elon Musk, has confidentially filed for an IPO in the United States, targeting a valuation of over $1.75 trillion. If successful, this would be the largest stock market listing in history, potentially raising between $50–75 billion. The listing is expected as early as June 2026. Key Highlights of SpaceX IPO Why Confidential…
Nomura Downgrades Indian Stocks to Neutral from Overweight, Suggests Shifting to Korea and China
Nomura has downgraded Indian equities to neutral from overweight, citing elevated energy prices due to the Iran conflict, weaker domestic inflows, and India’s limited participation in the global AI boom. The brokerage has cut its Nifty 50 target for December 2026 to 24,500 from 29,300, recommending investors shift focus toward Korea and China. Why Nomura…
