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…
Real estate major Puravankara Limited has announced that it has bagged redevelopment rights worth ₹2,100 crore gross development value (GDV) for a major project in Mumbai’s western suburbs. This strategic deal marks the Bengaluru-based developer’s significant push into Mumbai’s lucrative redevelopment market, which is increasingly attracting pan-India players eyeing high-value growth opportunities. Project details The…
In a historic transaction reflecting Mumbai’s evolving film and real estate landscape, Filmistan Studios, one of India’s oldest and most iconic film studios, has been sold for a whopping ₹183 crore. Founded by Sashadhar Mukherjee, grandfather of Bollywood stars Kajol and Rani Mukerji, Filmistan has been central to India’s cinematic journey for over seven decades….
In a major boost to Mumbai’s urban renewal landscape, Adani Properties and Maharashtra Housing and Area Development Authority (Mhada) have formally entered into an agreement to undertake one of the largest redevelopment projects in the city’s history. The project is expected to transform thousands of aging tenements into modern, high-rise residential and commercial complexes, enhancing…
In the wake of rising trade uncertainties under former US President Donald Trump’s proposed policies, Indian exporters are urging the government to fast-track a bilateral trade deal with Mexico to secure market access and supply chain stability for sectors vulnerable to tariff hikes. The call comes amid fears that if Trump returns to the White…
India’s economic trajectory for FY26 could see a marked slowdown, with nominal GDP growth likely falling to a six-year low, according to global brokerage Jefferies. This deceleration is expected to impact corporate earnings, with sectors highly reliant on inflation-linked revenue growth facing particular pressure. Key highlights from Jefferies’ FY26 outlook In its recent India macro…
