Startups Elevation Capital Buys 2.03 Lakh Wakefit Shares Pre-IPO by Riya Agarwal June 28, 2025 June 28, 2025 Just before Wakefit’s public market debut, Elevation Capital has acquired 2.03 lakh shares via secondary transaction at ₹1,600 per share, an investment worth ₹32.54 crore. While Wakefit plans to raise …
Startups Wakefit Files ₹468 Cr IPO Draft Papers by Riya Agarwal June 27, 2025 June 27, 2025 On June 27, 2025, Wakefit Innovations Limited, the Bengaluru startup that’s become a go-to for sleep and home essentials officially tossed its hat into the public market ring. With its …
Startups Foxconn Gets Taiwan Nod for $2.2B India, US Push by Riya Agarwal June 27, 2025 June 27, 2025 Foxconn is doubling down on India and the US with a massive $2.2 billion investment. $1.49B will go to India for a new smartphone parts plant, adding to its earlier …
Startups Rapido Expands Urban Mobility With Delhi Metro Tickets by Riya Agarwal June 26, 2025 June 26, 2025 Rapido, the scrappy bike-taxi upstart turned urban transport disruptor, just cranked the dial up a notch. In a move that feels equal parts genius and overdue, the company now lets …
Startups BigBasket’s Moat Revealed, Amicus Raises $214M Fund by Riya Agarwal June 26, 2025 June 26, 2025 Let’s call it like it is — in an ecosystem drunk on speed and vanity metrics, BigBasket is that rare breed refusing to play along. While Zepto and Blinkit race …
Startups MakeMyTrip to Buy Back $3B Stake from Trip.com by Riya Agarwal June 25, 2025 June 25, 2025 In a bold move that rattles the status quo of India’s travel tech landscape, MakeMyTrip (MMT) is clawing back a massive $3 billion stake from Chinese giant Trip.com Group. The …
Startups Sahi Trading Platform Raises $10.5M from Accel, Elevation by Riya Agarwal June 25, 2025 June 25, 2025 Sahi, a startup based in Bengaluru, just pulled in $10.5 million in its Series A round, funded again by Accel and Elevation Capital. Founded in 2024 by Dale Vaz (formerly Swiggy CTO) …
Startups Fabheads Secures $10M to Boost Composite Manufacturing by Riya Agarwal June 24, 2025 June 24, 2025 In a bold move that could jolt India’s materials science scene out of the shadows, Chennai-based deeptech upstart Fabheads Automation just locked in a hefty $10 million in Series A …
Startups Darwinbox Completes ₹86 Cr ESOP Buyback Program by Riya Agarwal June 24, 2025 June 24, 2025 Darwinbox has just wrapped up an ₹86 crore ESOP buyback—its third in under four years. And let me tell you, this isn’t just a routine financial maneuver. Over 350 employees—from …
Startups Ola Electric’s Share Price Plunges to Record Low in Market Slump by Riya Agarwal June 23, 2025 June 23, 2025 Ola Electric’s share price crashed hard this Monday, plunging to a record low of ₹43.16 after a sharp intraday dip of nearly 5%. A big block trade—selling off 0.5% of …