News Digest
Jobs, funding, startups & career opportunities - updated every 30 minutes
India’s UPI payments giant PhonePe gets SEBI nod for IPO, eyes $15 billion valuation
India's UPI payments giant PhonePe has reportedly received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO), according to media reports. The Bengaluru-based company had pre-filed its DRHP through the confidential route in September last year. With SEBI approval now in place, PhonePe is expected to move closer to launching the issue, although the final timing will depend on secondary market conditions, which remain volatile. PhonePe is reported to be targeting a fundraise of up to Rs 12,000 crore, or around $1.32 billion, though the final size could change closer to the listing. The public issue is expected to be structured largely as an offer for sale (OFS), with existing shareholders, including Walmart, Tiger Global and Microsoft, offering a portion of their holdings. The IPO could value the company at around $15 billion. The proposed listing comes after a series of funding transactions over the past two years. PhoneP...
Budget 2026: FinMin shares status of key direct tax reforms for investors, startups and aam aadmi
India's government has finalized key direct tax reforms to boost investment and simplify compliance. Measures include clarified taxation for Alternative Investment Funds, extended startup tax holidays, and incentives for electronics manufacturing. Individual savers benefit from enhanced National Savings Scheme and NPS Vatsalya provisions, alongside property tax relief.
Info Edge Arm Jeevansathi to Invest Rs 10 Cr to Acquire 100% Stake in Dating Apps Network, Aisle
The latest Rs 10 crore investment in the Aisle dating apps network makes Jeevansathi the sole stakeholder in it, raising its stake from 89.17% in March 2025 to 100% approved now. The post Info Edge Arm Jeevansathi to Invest Rs 10 Cr to Acquire 100% Stake in Dating Apps Network, Aisle appeared first on MEDIANAMA .
PhonePe IPO gets SEBI nod but needs to file an updated DRHP first
The PhonePe IPO is slated to be a pure offer for sale by existing shareholders, meaning the company won't be raising any additional funds for itself.
PhonePe Gets SEBI nod for IPO; company to file updated DRHP soon
The IPO will reportedly be an Offer For Sale by existing shareholders
Shadowfax IPO Day 1: Overall subscription At 0.10x So Far With Modest GMP, Should You Subscribe?
Shadowfax Technologies IPO opens January 20, 2026, aiming to raise Rs 1,907.27 crore.
Automation Startup Unbox Robotics Raises $28 Mn To Expand Global Presence
Deeptech startup Unbox Robotics has raised $28 Mn (about INR 243 Cr) in its Series B round in a mix…
Bharat Coking Coal shares rally 4% on Day 2. Should you buy?
Bharat Coking Coal Ltd shares saw a significant jump after their market debut. The company's initial public offering was heavily oversubscribed, indicating strong investor interest. Experts suggest short-term investors book profits while long-term investors can hold with a stop-loss. BCCL's strategic importance in India's coal sector and future earnings potential are key drivers.
Manufacturing Startup Whizzo Bags $15 Mn To Bolster R&D
Technical textiles manufacturer Whizzo has raised $15 Mn (about INR 136.5 Cr) in its Series A funding round led by…
WEF 2026: Maharashtra signs investment MoUs worth ₹14.5 lakh crore on first day at Davos
The State said these MoUs are across sectors and underscore strong global confidence in Maharashtra’s consumer markets, infrastructure readiness, and long-term growth fundamentals.
Shadowfax IPO at 1,000x P/E: What are investors hopes for listing gains?
Shadowfax Technologies' IPO opens with a high valuation, trading at over 1,000 times its latest earnings. Despite a premium valuation compared to peers like Blue Dart Express and Delhivery, analysts point to strong revenue growth and an asset-light model as potential drivers.
UPL subsidiary Advanta Enterprises files draft IPO papers with Sebi
UPL’s seed business Advanta Enterprises has filed draft IPO papers with Sebi for a proposed offer for sale, allowing the agrochemicals group and other shareholders to partially monetise their holdings amid an active Indian primary market.
Unbox Robotics raises $28M in Series B round led by ICICI Venture
This funding, comprising a mix of primary and secondary capital, will be utilised towards strengthening the leadership and engineering teams, accelerating new product development, and expanding market presence across India and select international markets.
OpenAI CFO says annualized revenue crosses $20 billion in 2025
OpenAI last week said it would start showing ads in ChatGPT to some U.S. users, ramping up efforts to generate revenue from the AI chatbot
Shadowfax IPO opens for bidding. Check GMP, brokerages review, subscription and other details
Shadowfax Technologies' Rs 1,907-crore IPO opens Tuesday, aiming to tap into India's e-commerce growth. The logistics firm, valued at Rs 7,169 crore pre-IPO, offers a fresh issue and an offer for sale. Despite strong revenue growth, brokerages express caution due to rich valuations and thin profitability.
UPL subsidiary Advanta Enterprises files IPO papers with SEBI
The issue will be entirely an Offer-for-Sale (OFS) of 3.61 crore equity shares, with no fresh issue component. UPL will offer 2.8 crore shares for sale in the issue.
2care.ai aims to transform chronic care management in India through WhatsApp
Healthtech startup 2care.ai combines WhatsApp and AI to simplify cancer care, organising health data, tracking treatment, and supporting patients between appointments.
Lab-to-fab in weeks: Why Fundamentum led Whizzo's $15 million raise
Whizzo was founded in 2024 by Shrestha Kukreja, a former Zetwerk executive who now serves as chief executive. The startup had earlier raised $4.2 million in seed funding in January 2025.
Whizzo raises $15M in Series A round led by Fundamentum to deepen R&D
Whizzo will use the capital to expand its science and engineering teams, invest in fundamental research, and deepen its manufacturing partnerships as it scales its technical textiles platform globally.
Shadowfax raises Rs 856cr from anchors
TVS Infrastructure Trust raises ₹830 crore under first tranche of ₹1,100-crore NCD programme
The company, in a statement, said the funds were raised through a 20-year, long-tenor bond issuance, anchored by the National Bank for Financing Infrastructure and Development
Another Rs 10.5k cr on table, Ikea to boost store count
