News from Inc42 Media

Exclusive: Pure EV Gears Up For IPO, Converts Into Public Company

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Amit Singh @ Inc42 Media · 03/04/2025 09:07 EDT

Taking a step towards its initial public offering, electric vehicle manufacturer Pure EV has converted into a public company. The… Read more ›

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BetterPlace To Raise INR 32 Cr From Jungle Ventures, Capria Ventures

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Bhupendra Paintola @ Inc42 Media · 03/04/2025 09:07 EDT

Bengaluru-based workforce management startup BetterPlace has received approval from its shareholders to raise INR 31.9 Cr (around $3.6 Mn) from… Read more ›

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Exclusive: D2C Electronics Brand Nuuk Bags INR 40 Cr From Vertex Ventures

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Debarghya Sil @ Inc42 Media · 03/04/2025 08:57 EDT

D2C home appliances brand Nuuk has raised INR 40 Cr ($4.6 Mn) in its Series A funding round led by… Read more ›

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Jio Financial Services To Buy SBI’s Stake In Jio Payments Bank For INR 105 Cr

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Akshit Pushkarna @ Inc42 Media · 03/04/2025 06:32 EDT

Fintech company Jio Financial Services (JFS) is acquiring the entire stake of the State Bank of India (SBI) in its… Read more ›

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D2C Brand XYXX To Raise INR 30 Cr To Fuel Business Expansion

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Amit Singh @ Inc42 Media · 03/04/2025 05:28 EDT

D2C menswear brand XYXX has sought the approval of its shareholders to raise INR 29.8 Cr (about $3.4 Mn) in… Read more ›

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M2P Fintech To Buy Enterprise AI Platform Mad Street Den: Report

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Kartikay Kashyap @ Inc42 Media 2 place · 03/04/2025 05:11 EDT

Fintech startup M2P is reportedly looking to acquire enterprise artificial intelligence platform Mad Street Den in a cash and stock… Read more ›

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Zepto CEO Refutes Deepinder Goyal’s Quick Commerce Cash Burn Claims

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Akshit Pushkarna @ Inc42 Media · 03/04/2025 05:09 EDT

Quick commerce unicorn Zepto’s CEO Aadit Palicha took to social media platform LinkedIn to correct Zomato CEO Deepinder Goyal over… Read more ›

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Former CARS24 Executive’s EV Startup Electrifi Renames Itself To Astranova Mobility

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Palak Sharma @ Inc42 Media 1 place · 03/04/2025 04:25 EDT

Former CARS24 CEO Kunal Mundra’s EV startup Electrifi Mobility has renamed itself to Astranova Mobility. The Gurugram-based startup said that… Read more ›

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OYO Races To IPO As Founder Ritesh Agarwal’s Debt Deadline Nears: Report

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Bhupendra Paintola @ Inc42 Media · 03/04/2025 03:53 EDT

OYO Hotels is reportedly expediting its initial public offering (IPO) plans as founder Ritesh Agarwal faces pressure from creditors to… Read more ›

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Exclusive: Purplle Gets INR 100 Cr Infusion From Parent

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Amit Singh @ Inc42 Media · 03/04/2025 03:19 EDT

Beauty ecommerce unicorn Purplle has secured fresh capital of INR 99.88 Cr (around $11.43 Mn) from its parent Manash E-commerce… Read more ›

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Exclusive: Purplle Parent Infuses INR 100 Cr In Beauty Ecommerce Unicorn

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Amit Singh @ Inc42 Media · 03/04/2025 03:19 EDT

Beauty ecommerce unicorn Purplle has secured fresh capital of INR 99.88 Cr (around $11.43 Mn) from its parent Manash E-commerce… Read more ›

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FluxGen Bags INR 28 Cr To Scale Up Its AI-powered Water Intelligence Solutions

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Krithika K L @ Inc42 Media · 03/04/2025 03:00 EDT

Climate tech startup FluxGen has secured INR 28 Cr ($3.36 Mn) in a Pre-Series A funding round led by IAN… Read more ›

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Water Tech Startup FluxGen Raises INR 28 Cr From IAN Alpha Fund, Others

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Krithika K L @ Inc42 Media · 03/04/2025 03:00 EDT

Climate tech startup FluxGen has secured INR 28 Cr ($3.36 Mn) in a Pre-Series A funding round led by IAN… Read more ›

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Heavy Industries Ministry Notice To Ola Electric For Failing PLI Commitments: Report

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Bhupendra Paintola @ Inc42 Media · 03/04/2025 02:54 EDT

Adding to the growing challenges for Ola Electric Mobility, the ministry of heavy industries (MHI) has reportedly issued a notice… Read more ›

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UP Leads India’s EV Race, But Can Infrastructure Keep Up?

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Ananya Upadhyaya @ Inc42 Media 1 place · 03/04/2025 02:44 EDT

Uttar Pradesh seems to have laid out the fastest track for electric vehicle adoption in India. In sync with the… Read more ›

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Swiggy Shares Surge 7% During Intraday

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Palak Sharma @ Inc42 Media · 03/04/2025 02:14 EDT

Shares of foodtech major Swiggy soared 6.7% to INR 348.50 apiece during the intraday trading session on the BSE today… Read more ›

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[UPDATE] Go Digit Shares Jump 11% During Intraday

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Anne Florentyna @ Inc42 Media 2 place · 03/04/2025 02:01 EDT

Update | March 04, 04:45 PM Insurtech major Go Digit General Insurance soared over 11% to INR 324.60 apiece during… Read more ›

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Go Digit Shares Jump 6% During Intraday

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Anne Florentyna @ Inc42 Media · 03/04/2025 02:01 EDT

Insurtech major Go Digit General Insurance soared over 6% to INR 309.90 apiece during the intraday trading session on the… Read more ›

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Paytm Launches New Feature For Stock Trading With Auto Payment Deductions

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Krithika K L @ Inc42 Media · 03/04/2025 01:51 EDT

Paytm has launched a new feature, designed to simplify stock trading by enabling automatic payment deductions directly from users’ bank… Read more ›

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Ixigo Shares Slump 9% During Morning Trade

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Ananya Upadhyaya @ Inc42 Media · 03/04/2025 01:39 EDT

Shares of online travel aggregator Ixigo nosedived over 9% to INR 119.95 during the intraday trading session on the BSE… Read more ›

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