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RentoMojo IPO Promises Big Payouts for Early Investors
RentoMojo's IPO launches at ₹1,256 crore, with early investors like Accel India seeing significant returns. The rental platform achieved ₹104.2 crore PAT in FY26.
Startups
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Startups
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Yuma Energy Invests $35 Million and Acquires Grinntech to Power Battery Swapping in India
Bengaluru-based Yuma Energy has secured $35 million in Series A funding from Magna International Inc. and acquired Grinntech to expand its battery-swapping network and enhance in-house technology in India.
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JioHotstar Takes Indian Stories to the UK, Canada, and Singapore
JioHotstar has launched its streaming service in the UK, Canada, and Singapore, offering 160,000+ hours of content across 12+ Asian languages, marking its first international expansion.
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Shein Debuts in Hong Kong with $26.5 Billion Valuation After 2022 Peak
Shein completed its $1 billion IPO on the Hong Kong stock market, seeing its valuation adjust to $26.5 billion from nearly $100 billion in 2022 amidst new US and EU tariffs.
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Unacademy Joins upGrad for $200 Million, a 94% Drop from Peak Valuation
upGrad has acquired Unacademy for just over $200 million, a 94% drop from its 2021 peak valuation of $3.44 billion, marking a significant re-evaluation in the Indian edtech sector.
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Magna International Backs Yuma Energy’s $35 Million Series A, Yuma Acquires Grinntech for Battery Technology
Bengaluru-based Yuma Energy secures $35 million in Series A funding from existing backer Magna International Inc. and acquires battery tech firm Grinntech to expand its battery-swapping network across India.
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Former Upstox Executive Moves to Helm Raise Financial’s New Insurtech Arm Amidst IPO Talks
Abhishek Singh, a former executive at the fintech unicorn Upstox, has taken on a new challenge, stepping in as Chief Executive Officer for Raise Financial…
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Deepinder Goyal’s Dual Play: Building Health and Backing Clean Air Solutions
Deepinder Goyal is building healthtech startup Temple with a pre-launch acquisition and investing in profitable clean air company YOGa Clean Air, showcasing a dual approach to India's startup challenges.
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Hero MotoCorp Spends Rs 1,758 Crore to Grow Ather Energy Stake to 32.8%
Hero MotoCorp has increased its stake in electric two-wheeler maker Ather Energy to around 32.8% with a Rs 1,758.24 crore investment, signaling a dual strategy for EV market entry ahead of its own electric motorcycle launch in 2027.
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Anchor Investors Put ₹216 Crore into ESDS Software as IPO Nears
ESDS Software, a cloud and data centre company, has secured ₹216 crore from anchor investors, signaling strong market confidence as it prepares for its initial public offering. This investment reflects institutional interest in India's digital infrastructure growth.