AceVector’s ₹420 Crore IPO Closes Subscribed Over Five Times
AceVector, parent of Snapdeal, Unicommerce, and Stellaro Brands, successfully closed its ₹420 crore IPO with a 5.07x oversubscription, indicating strong investor demand.
AceVector, parent of Snapdeal, Unicommerce, and Stellaro Brands, successfully closed its ₹420 crore IPO with a 5.07x oversubscription, indicating strong investor demand.
Digital lending platform Moneyview's IPO saw massive investor interest, oversubscribed 98.5 times, with QIBs leading demand at over 227X. The company aimed to raise ₹1,092 Cr.
PB Fintech, parent of Policybazaar, saw its shares crash over 30% to Rs 1,282 following IRDAI's proposed changes to insurance commissions, impacting recent investments in PB Wheels and MyLoanCare.
Samara Capital has invested ₹1,200 crore in Associated Road Carriers (ARC) and Calyx Container Terminals to create an integrated logistics platform, a distinct development from a previous gaming handheld startup's pre-seed round.
RBI's rejection of Tata Sons' NBFC license surrender and demand for immediate listing sparks internal conflict within Tata Trusts and a likely legal challenge, impacting the Shapoorji Pallonji Group.
Flam, an AI interactive content platform, raised $40 million in Series B funding led by QED Investors, with participation from Shah Rukh Khan, to expand R&D, product suite, and global enterprise sales.
NPCI reported a 32% profit drop in FY26 despite 22% revenue growth to Rs 4,240 crore, driven by marketing costs. The company announced Unified Ticketing and RuPay's international expansion to the US and UAE at GFF 2026, alongside Instant Card-Issuing ATMs and an AI push.
DigitalPaani, an AI-powered water infrastructure platform, has secured Rs 22 crore in a funding round led by Navam Capital, with co-investors including 3one4 Capital. The capital will fuel expansion into industrial and municipal water management sectors.
TPG-backed NewQuest sells Rs 200 crore in Shadowfax shares, following earlier Rs 301 crore TPG and Rs 184 crore Qualcomm bulk deals, signaling investor exits.
D2C sneaker brand Comet raised Rs 100 crore in a Series B round led by Verlinvest, with Elevation Capital and Nexus Venture Partners participating, to expand its retail footprint and enhance product and technology.