Meesho co‑founder and CEO Vidit Aatrey has officially joined the billionaire club after the company’s shares surged sharply since its recent stock market debut. The rise in share price has transformed his ownership in the business into a nine‑figure fortune. Meesho’s shares jumped from their initial
The Reserve Bank of India (RBI) has given HDFC Bank's subsidiaries permission to purchase up to a 9.5% share in IndusInd Bank. India's biggest private sector lender by market value stated in an exchange statement on 15 December that the permission is effective for a
For an INR 2,342.3 Cr IPO, Shiprocket has submitted its revised draft red herring prospectus (UDRHP) to SEBI. A new issue of equity shares up to INR 1,100 Cr and an offer-for-sale (OFS) component up to INR 1,242.3 Cr would make up the company'
Meesho’s IPO pops 46% on NSE on the listing day, driving instant profits and triggering massive market buzz...
SEBI has taken its most severe action to date against a financial influencer, ordering the impoundment of INR 546 crore and barring Avadhut Sathe, the founder of the Avadhut Sathe Trading Academy (ASTA), from the securities market. According to the authority, this money was obtained by deceiving thousands of ordinary
According to a Bar & Bench story, office space company WeWork India received significant relief on December 1st when the Bombay High Court maintained the Securities and Exchange Board of India's (Sebi) licence for its 3,000 crore initial public offering (IPO). The report also stated that petitioner
After the 2022 IPO hype, SEBI called out Droneacharya for "fraudulent practices" and imposed a ban...
The 25th November 2025 edition captures another impactful day across India’s startup and business ecosystem. From multimillion-dollar funding rounds in wealth-tech, AI procurement, biotech, and deep-tech healthcare to a landmark regulatory approval for the country’s first AI-focused IPO, the day brought a mix of scale, innovation, and investor
After capital markets regulator SEBI approved Fractal Analytics' initial public offering (IPO), India is about to see its first real AI startup listed on the public markets. The company is comparable to Palantir, the US-listed analytics and decision-intelligence corporation, and has spent 25 years developing a global enterprise AI
* The company will use this capital to further invest in technology, expand into Tier 2 and Tier 3 geographies, onboard 50,000 distributors, and achieve INR 1 lakh crore in AUM. * Wealthy combines human trust with AI-powered technology to help independent professionals become sophisticated wealth entrepreneurs, making wealth management scalable,
From an INR 109 issue price to an INR 155.24 close on day one marks a dashing debut at the stock market. The stock beat every expert prediction because...
India’s startup ecosystem remained vibrant on 12th November 2025, marked by a flurry of funding activities and key corporate developments across sectors. From Bombay Shaving Company’s major pre-IPO funding round to Groww’s remarkable stock market debut and governance updates from Tata Trusts, the day highlighted strong investor
CAMS (Computer Age Management Services Limited), a registrar and transfer agent, is placing a significant wager on automation, cloud-native operations, and artificial intelligence (AI) with CAMSLens, an in-house AI-powered platform that will revolutionise the way regulatory compliance is applied throughout the financial ecosystem. Real-time contextual analysis of recently issued regulatory
A 14% premium on the BSE and a 12% premium on the NSE for Groww.What Really Happened on Groww’s Listing Day?
HDFC Asset Management Company Limited (HDFC AMC), Investment Manager to HDFC Mutual Fund, has announced the launch of the HDFC BSE India Sector Leaders Index Fund, an open-ended scheme replicating the BSE India Sector Leaders Index (TRI). The New Fund Offer (NFO) opens on 7th November 2025 and closes on
Physics Wallah, an edtech unicorn, announced on 10 November that it has secured INR 1,563 crore from anchor investors, one day before its initial public offering (IPO) opened. This will be the nation's first significant pure-play edtech company to list on an initial public offering (IPO). A
A public notice alerting investors against digital gold, or e-gold, products offered by several online platforms has been released by the Securities and Exchange Board of India (SEBI). The regulator clarified that although certain gold investment choices fall under its purview, a large number of digital gold products are not
Royal Challengers Bengaluru (RCB) has been up for sale by their parent company, Diageo, just six months after ending a 17-year wait for their maiden Indian Premier League (IPL) title. In a filing to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on 5 November, the UK-based spirits
Plans to Raise ₹1,000 Crore via Fresh Issue and ₹1,000 Crore through Offer for Sale Shadowfax Technologies Limited (“Shadowfax” or “the Company”), a technology-driven third-party logistics (3PL) company, has filed its Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange Board of India (SEBI) to raise up
According to persons familiar with the situation, eyewear giant Lenskart is preparing to introduce its first pair of AI-powered smart glasses by the end of December, establishing itself as a technology-led lifestyle brand. Called "B by Lenskart Smartglasses" internally, the future gadget is anticipated to incorporate UPI payment
With a strong rally that has solidified its position at the forefront of the artificial intelligence boom, Nvidia was poised to make history on 29 October by becoming the first business to reach $5 trillion in market value. After CEO Jensen Huang revealed plans to create seven supercomputers for the
Indian eyewear retailer Lenskart has secured an investment of INR 100 crore from SBI Mutual Fund in a pre-IPO transaction. The investment comes via SBI’s Alternative Investment Funds (AIFs), namely the SBI Optimal Equity Fund and SBI Emergent Fund. Transaction specifics * The INR 100 crore investment was made at
Imagine Marketing Limited, the parent company of consumer electronics brand boAt, has filed its Updated Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange Board of India (SEBI). The filing marks a key step towards its proposed INR 1,500 crore initial public offering (IPO). The proposed issue includes
In its fourth update, released 28 October's morning, the Multi Commodity Exchange (MCX) advised market players that a technical problem has delayed the start of trade. Although it did not provide a new start time, the exchange stated that trading would start from its Disaster Recovery (DR) site.