Bhupendra Paintola

As a part of the deal, the startup has already received INR 91 Cr of which INR 63 Cr is from preferential equity issue and INR 28 Cr from warrants

ICICI Prudential Life Insurance Company said its stake in Honasa increased following acquisition of an additional 46.91 Lakh shares

SUMMARY The Bengaluru-based Swiggy is likely to raise more than $1 Bn from its IPO

The service which currently operates in Bengaluru, offers competitive prices for bulk buyers and budget-conscious shoppers by exempting delivery charges on orders over INR 1000.

Rapido has partnered with original equipment manufacturers (OEMs) and fleet operators like Zypp Electric and Gogoro

SUMMARY The Series B funding round was led by existing investor WestBridge Capital and also saw participation from venture capitalist Sashi Reddi

Event tech startup Ticket9 has roped in actor Nayanthara, along with her husband and renowned director Vignesh Shivan as its investors

The startup has launched its services in Ahmedabad and plans to further branch out into other parts of the state, like Vadodara, Surat and Rajkot.

However, the shares recovered slightly to trade at INR 1028 at 1:05 PM, down 5.6% from the previous close

SUMMARY While the company did not disclose the exact date of the launch, but said that it aims to set up 100 EV-focused workshops by the financial year 2024-25 (FY25) end and double down the numbers by FY26