
Molbio Diagnostics Raises ₹281.5 Cr from Anchor Investors for IPO
Molbio Diagnostics secures ₹281.5 crore from 33 anchor investors ahead of its ₹940 crore IPO, allotting shares at ₹807 each. Read more about the IPO details.

Ola Electric Shares Tumble 6% on PLI Penalty Reversal, Auditor Worries
Ola Electric’s stock drops 6% post-Q1 results due to a ₹57 crore PLI penalty reversal and auditor concerns over MHI approval for investment milestones.

Zenlabs Ethica Partners with V Nexxtra for Exclusive Distribution
Zenlabs Ethica appoints V Nexxtra Lifesciences as exclusive distributor, expanding market reach and strengthening sales network for its full product portfolio.

Aegeus Technologies IPO Oversubscribed 29.87x, Raises ₹24 Cr
Aegeus Technologies’ SME IPO closes 29.87x oversubscribed, successfully raising ₹24 Cr for solar tech expansion. Innovative robotic cleaning solutions drive growth.

Nestasia: ₹180 Cr Valuation, Shunning Startup Playbook
Home décor brand Nestasia hits nearly ₹180 crore valuation by defying startup norms, focusing on disciplined growth and customer trust.

Maharashtra Bike-Taxi Rules: Impact on Swiggy, Zomato
New Maharashtra bike-taxi rules impose a 2% welfare levy and mandate EV transition, affecting Swiggy, Zomato, and Zepto operations.

Sher-e-Punjab T20 League Auction: 450+ Players, 6 Teams
The inaugural Sher-e-Punjab T20 League player auction is today in Mohali, with over 450 players vying for spots in 6 franchise teams. Tournament runs Aug 30-Sep 13.

OfBusiness Eyes $800M IPO at $6B Valuation
B2B e-commerce unicorn OfBusiness revives IPO plans, aiming for an $800M raise and a $5-6B valuation, signaling a positive shift in the Indian IPO market.

L&T Innovation Fund Targets Early-Stage Indian Deeptech
L&T Innovation Fund, Larsen & Toubro’s venture arm, pivots to invest $1M-$10M in early-stage Indian deeptech startups, focusing on prototype and validation stages.

Adani’s Vande Bharatam Selects First Innovator Cohort
Gautam Adani’s Vande Bharatam program selects its first cohort from over 26,000 applicants, fostering grassroots innovation across India in key sectors.

DPIIT Signs 5 MoUs to Boost Startup Ecosystem in India
DPIIT inks five MoUs to enhance digital, cloud, and investment support for Indian startups, fostering growth and scalability.

India’s Electric Air Taxi Plan: Urban Mobility by 2028
India aims to launch electric air taxis by 2028, revolutionizing urban mobility and tackling traffic congestion in cities like Bengaluru, Mumbai, and Delhi.

Shiprocket IPO: ₹1,618 Cr Launch Aug 12-14
Logistics tech firm Shiprocket announces its IPO from August 12-14, aiming to raise ₹1,618 crore with shares priced at ₹92-₹97. Explore key details and growth metrics.

9 Indian Firms, Including Garuda Aerospace, Get SEBI IPO Nod
SEBI approves IPOs for nine Indian companies, featuring drone maker Garuda Aerospace and gaming firm PlaySimple Games. Details on fundraising and market readiness.

Anthropic Develops In-House AI Chips to Combat Shortages
Anthropic is building an internal team to design custom AI chips for its Claude models, a strategic move to overcome hardware shortages and boost efficiency.

SEDEMAC Dominates Auto-Tech: 80% Market Share in ISG ECUs
IIT Bombay’s SEDEMAC Mechatronics leads India’s ISG ECU market with 80% share, achieving 40% ROCE and ₹1,000 Cr+ revenue through innovative software.

Ronnen Harary: Youth Fueled Spin Master’s $2.1B Success
Spin Master co-founder Ronnen Harary reveals how his youth was the key ingredient to building a $2.1 billion toy empire, a factor he believes is irreplaceable today.

India’s AI Valuation: Cloud Dominance, Model Lag
India ranks 7th globally in AI firm valuation, but BIS report shows value concentrated in cloud, not AI models. Learn more.

Sebi Approves 9 IPOs: Gaming, Drones, Green Energy Firms to Go Public
India’s Sebi greenlights IPO plans for nine companies across gaming, drones, renewable energy, and digital media, injecting new life into the primary market.

SEBI Approves IPOs for 9 Companies, Including PlaySimple & Garuda
SEBI greenlights IPOs for nine companies, including gaming firm PlaySimple and drone maker Garuda Aerospace, clearing them to proceed with public offerings.

Flurys Opens First Gurugram Cafe: Sweet Expansion in North India
Iconic bakery Flurys launches its first standalone 24/7 cafe in Gurugram’s Galleria Market, marking a significant expansion into North India.

Waaree Energies Ventures into Clean Mobility Solutions
Waaree Energies expands into the green mobility sector with its new subsidiary, WH Clean Mobility Systems, focusing on clean fuels and advanced battery technologies.

Shiprocket Slashes IPO Size by 31% to ₹1,617 Cr for August Launch
E-commerce platform Shiprocket reduces its IPO size by 31% to ₹1,617.6 crore. The public issue opens August 12-14 with shares priced at ₹92-97.

Cybez Expands E-Commerce Expertise to UAE with Sharjah Office
Indian e-commerce firm Cybez launches a Sharjah, UAE office, bringing 10+ years of specialized marketing and consulting expertise to the GCC market, driving significant revenue and order growth for clients.

India’s Consumer Economy to Hit $1.9T by 2030 Fueled by AI
India’s consumer economy is poised for massive growth, projected to reach $1.9 trillion by 2030, driven by AI adoption, new commerce models, and evolving consumer preferences.

BRICS Nations Forge Industrial Cooperation Pact in Jaipur
BRICS Ministers in Jaipur adopt a joint declaration to boost industrial cooperation, innovation, and resilience, focusing on new industrial revolutions and MSME growth.

Shiprocket IPO: Price Band Set at Rs 92-97 for Rs 1,618 Crore Issue
E-commerce enabler Shiprocket announces its IPO price band at Rs 92-97 per share, aiming to raise Rs 1,618 crore. Subscription opens August 12.

DigiELV Launches India’s Verified Vehicle Scrap Certificate Market
DigiELV introduces a verified digital marketplace for India’s vehicle scrap certificates, aiming to accelerate the 2021 scrappage policy adoption and benefit new car buyers.

India Proposes BRICS Startup Fund & Incubator Network
India proposes a BRICS incubator network and startup fund to boost industrial growth and collaboration among member nations, following the 10th BRICS Industry Ministers’ Meeting.

Shiprocket IPO Opens Aug 12: Price ₹92-₹97
Shiprocket’s IPO launches August 12, 2026, with shares priced ₹92-₹97. Discover offer details, funding plans, and listing information.