Business News
Peak XV Leads INR 110 Cr Series A Investment in Prayaan Capital
The fresh capital will be used to build its lending platform, strengthen its team, and expand operations across key MSME markets in India.
Peak XV
Business News
Meesho Files Updated Draft Papers with SEBI for INR 4,250 Cr IPO
Elevation Capital and Peak XV will lead the secondary sale, offering 5.54 crore and 3 crore shares respectively, while investors like Prosus and SoftBank, which hold 12.34% and 9.31% stakes, will retain their shares.
Business News
Wakefit Innovations Secures SEBI Nod for IPO
The public issue will include a fresh equity sale worth INR 468.2 crore and an offer for sale of 5.84 crore shares by promoters and existing investors.
Business News
Ignosis and Climaty AI Raise Funding for Growth
The below brands have announced their latest funding rounds.
Business News
Peak XV’s Surge 11 Features 23 Startups Across AI, Fintech, and Enterprise Solutions
The 11th Surge cohort features AI and fintech players like Finster, Ignosis, OnFinance, Vault Wealth, Cybrilla, alongside enterprise and consumer startups, with 3 AI ventures currently in stealth mode.
Business News
Peak XV leads USD 48 Mn Series A Round for UAE’s Alaan
The round was led by Peak XV Partners, with participation from 885 Capital, Y Combinator, 468 Capital, Pioneer Fund, and several prominent angel investors, including founders of unicorns Tabby and Careem, as well as regional figure Khalid Al Ameri.
Business News
Neo Asset Management Closes First Round of Private Credit Fund at INR 2,000 Cr
The fund offers capital backed by hard asset collateral and structured for regular coupon payments, targeting 25–30 investments in the range of INR 150–300 crore each.
Business News
Rebel Foods Secures USD 210 Mn in Series G Funding Led by Temasek
The newly acquired funds will be used to expand Rebel Foods' global footprint, enhance its brand portfolio, and strengthen its omnichannel platform.
Business News
Fintech Battle Heats Up as MobiKwik Prepares INR 572 Cr Public Offering
The INR 572-crore issue, which will close on December 13, has set a price band of INR 265-279 per share. The bidding for the anchor investor portion is slated for December 10.
Business News
Shweta Rajpal Kohli Launches Startup Policy Forum to Boost Startup Ecosystem
SPF aims to bridge the gap between founders, policymakers, and regulators to bolster India's innovative economy.
Business News
ELIVAAS Raises USD 5 Mn in Series-A Round to Disrupt Luxury Vacation Rental Market
The newly secured funds will be allocated towards enhancing ELIVAAS's proprietary technology platform, expanding its market presence, optimising operations, and elevating the overall experience for homeowners and guests.
Business News
Peak XV, Sofina, Fireside Ventures, and Others Divest Shares Worth INR 1,600 Cr in MamaEarth’s Parent Honasa Consumer
On the buyer's side, ICICI Prudential Life and Morgan Stanley collectively invested INR 262 crore in acquiring shares of MamaEarth.
Business News
Sri Mandir’s Parent AppsForBharat Raises USD 18 Mn Funding to Accelerate Digital Devotional Services
The Bengaluru-based startup plans to utilise the funds to expand the Sri Mandir app, build a robust technology stack for temples, introduce five new regional languages, and scale operations in India and international markets like the US, UK, and Canada.
Business News
PV Sindhu Joins Wellness Brand Hoop as Investor and Brand Ambassador
This partnership aims to propel Hoop towards becoming India's most loved wellness brand.