In a strategic step aimed at enhancing its financial flexibility and operational revival, PC Jeweller Ltd (PCJ) has announced its decision to raise funds through a preferential allotment route. This move comes at a crucial time for the Delhi-based jewellery retailer, which has faced prolonged financial stress due to mounting debts, muted sales, and regulatory…
In a significant move towards strengthening its promoter holding and corporate stability, Zee Entertainment Enterprises Ltd (ZEEL) has secured the approval of its foreign shareholder for an increase in promoter stake. This approval comes at a critical juncture as Zee seeks to bolster its governance and financial structure following prolonged challenges with merger setbacks, investor…
In a landmark development for India’s mutual fund sector, Jio BlackRock Mutual Fund has raised a massive Rs 17,800 crore through its maiden New Fund Offer (NFO), making it one of the largest fund launches in Indian asset management history. This milestone underscores the immense investor trust in the strategic partnership between Reliance Industries’ Jio…
The Cryogenic OGS IPO has witnessed an overwhelming response from investors, with the issue being subscribed a massive 646.5 times on its closing day. This makes it one of the most subscribed IPOs in recent years within the SME segment, showcasing robust market confidence in India’s industrial gas, cryogenic solutions, and engineering services growth story….
The IPO market continues to remain active as Spunweb Nonwoven Limited gears up to launch its public issue next week, aiming to capitalise on its leadership position in technical textiles and hygiene-based nonwoven products. The issue is likely to attract investor attention given the company’s strong order book, export focus, and the rising use of…
The initial public offering (IPO) of Travel Food Services (TFS) opened for subscription on Monday, 7 July 2025, but witnessed a muted response on its opening day. As per NSE data till market close, the IPO was subscribed only 7%, raising questions on market sentiment, pricing, and near-term growth visibility despite the company’s strong operational…
In a major boost to India’s emerging digital lending sector, InPrime Finserv has raised Rs 50 crore in its Series A1 funding round, led by Pravega Ventures with participation from existing investors including Nabventures Fund and a slew of angel backers. This capital infusion is expected to accelerate the company’s expansion across underserved markets, enhance…
India’s start-up ecosystem is witnessing a paradigm shift as faith tech emerges as the next big frontier, according to Prashant Sachan, CEO of AppsforBharat, the country’s leading devotional and faith technology platform. With spirituality, devotion, and wellness deeply embedded in Indian culture, faith tech start-ups are rapidly building digital ecosystems that cater to the spiritual…
Coursera, one of the world’s leading online learning platforms, has announced the appointment of Ashutosh Gupta as its new Managing Director for India and Asia Pacific (APAC). This strategic leadership move comes at a time when Coursera is looking to accelerate growth, expand partnerships, and drive digital skill transformation across its fastest-growing region. Ashutosh Gupta:…
India’s $250 billion IT services industry, long dominated by giants such as TCS, Infosys, Wipro, and HCL, is witnessing a wave of disruption as venture capitalists pour billions into AI-first startups aiming to transform traditional technology outsourcing models. From intelligent automation to generative AI-powered platforms, these startups are set to challenge decades-old delivery structures by…
