Yali Capital has successfully raised ₹893 crore (~$104 million) for its maiden deeptech-focused fund, surpassing its initial target. The fund will back early and late-stage Indian startups in sectors like semiconductors, AI, robotics, genomics, and smart manufacturing, aiming to build globally competitive deeptech companies.
Snapdeal’s parent company, AceVector, is set to file for a ₹500 crore IPO, marking a major moment in India’s tech startup space this year. But this isn’t just another cash-out—most of the issue will be fresh shares, fueling bold expansion. AceVector isn’t just Snapdeal. It also includes Unicommerce (SaaS enabler) and Stellaro Brands (fashion labels like Rangita and Urban Mark), forming a full-stack ecommerce ecosystem built for Bharat. With over 80% of Snapdeal’s orders coming from Tier 2 and 3 cities, AceVector is doubling down on middle-market India. Backed by SoftBank and Nexus, and with CLSA and IIFL leading the IPO, this is one to watch.
The Smartworks IPO opened on July 10, 2025, drawing just 17% subscription on Day 1 — a lukewarm debut for India’s leading coworking space provider. Smartworks, one of India’s leading flexible workspace providers, is launching its IPO at a time when demand for hybrid office solutions is on the rise.
Just 17% of the issue was subscribed by midday, signaling a tepid response from investors. With nearly ₹600 crore on the line, the IPO is a mix of fresh equity worth ₹445 crore and an offer-for-sale of 33.79 lakh shares. The company priced the share sale between ₹387 and ₹407, hoping the proceeds would help them expand and clean up their balance sheet.
Qoruz, a Bengaluru-based startup that’s been stirring up the creator-tech scene, raises $500K from The Chennai Angels. This is part of a broader $1 million pre-Series A funding round, and…
Credit Wise Capital raises ₹200 crore—yes, you read that right—in a decisive, first-ever institutional funding round that puts this Mumbai-based NBFC on a fast lane toward the future. Leading the…
In a bold stride that’s turning heads in India’s private space arena, Dhruva Space has teamed up with Bengaluru’s hyperspectral imaging trailblazer, Pixxel, to add solar panels. The mission? To…
A quiet yet powerful financial revolution is taking shape in India’s economic heartland. InPrime Finserv raises ₹50 crore in its Series A1 round, and this isn’t just another funding headline—it’s…
Zomato’s parent firm, Eternal Ltd., has announced a pivotal leadership change that could shape its future. Aditya Mangla has stepped in as the new Chief Executive Officer (CEO) of Zomato’s…
In a bold and decisive shake-up, MakeMyTrip, India’s homegrown travel tech giant listed on Nasdaq, has dramatically reasserted control over its future. On July 2, 2025, the company bought back…
IndiGo, India’s aviation juggernaut, just made a bold statement by roping in Amitabh Kant as a non-executive director on the board of its parent company, InterGlobe Aviation Limited. This isn’t…