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Advanta Enterprises files IPO papers with Sebi
Advanta Enterprises Ltd is preparing for its initial public offering. The company has filed preliminary documents with Sebi. The IPO will be an Offer-for-Sale of over 3.6 crore equity shares. This means existing shareholders will sell their stakes. Advanta Enterprises is a global agricultural solutions provider. It focuses on hybrid seeds and post-harvest products.
Shadowfax Raises INR 856 Cr From Anchor Investors Ahead Of IPO
Logistics major Shadowfax has raised INR 856 Cr from anchor investors ahead of its initial public offering (IPO). The company…
OpenAI ‘on track’ to unveil first AI device in 2026, Axios reports
OpenAI CEO Sam Altman has teased a future AI device designed by legendary Apple iPhone designer Jony Ive, without disclosing a concrete timeline for launch.
Modulus Alternatives to launch Rs 2,000 crore private credit fund
Modulus Alternatives plans to launch a Rs 2,000 crore third private credit fund, including a greenshoe option, targeting senior-secured mid-market opportunities. The Centrum-backed manager will focus on growth sectors and plans additional venture debt and pre-IPO equity funds.
Block Deal Alert: Up to 3% stake sales likely in Aditya Birla Lifestyle, Aditya Birla Fashion
Aditya Birla Lifestyle Brands Ltd and Aditya Birla Fashion and Retail Ltd face block deals as institutional investors plan to sell up to 3% stakes at notable discounts on January 20.
Shadowfax raises Rs 850 crore from anchor investors ahead of IPO
Logistics firm Shadowfax Technologies has secured approximately Rs 850 crore from anchor investors ahead of its IPO, which opens on January 20. The company has reduced its IPO size to Rs 1,907 crore, with a focus on diversifying its client base towards D2C brands and smaller retailers. Shadowfax reported a 68% rise in operating revenues to Rs 1,805.
Homegrown sneaker brand Gully Labs raises ₹30 cr Series A led by Saama Capital
Gully Labs raised ₹30 crore in Series A led by Saama Capital, with Zeropearl VC and top founders joining. The brand aims for ₹100 crore revenue by FY 2026–27, expanding in India, US, and UK.
Shark Tank India-featured defense dronetech startup insideFPV raises Rs 6 crore in funding
Venture capital firm GVFL has led a Rs 6 crore pre-Series A funding round in insideFPV, an Gujarat-based defence drone technology startup focused on building indigenous, battlefield-ready unmanned systems for India’s armed forces. The Shark Tank India-featured startup will use the funding for product development, engineering capability building and scaling manufacturing readiness for defence-grade drone platforms. A portion of the capital will also be deployed towards testing and validation, expanding manufacturing capacity, working capital requirements, and strengthening deployment support, including operator training, spares and rapid repair capabilities. Founded in 2020 by Arth Chowdhary, Deyvant Bhardwaj and Oshi Kumari, insideFPV builds combat-ready drones designed to operate in real-world battlefield conditions and extreme environments. Its product portfolio includes FPV drones, kamikaze and surveillance systems, and interceptor drones tailored for defence applications. The st...
Exclusive: InsuranceDekho Raises Rs 38.57 Cr Amid Corporate Restructuring At CarDekho Group
InsuranceDekho has raised fresh funds from Goldman Sachs, TVS Capital Funds and Eytukan Holdings, documents MediaNama reviewed show. The post Exclusive: InsuranceDekho Raises Rs 38.57 Cr Amid Corporate Restructuring At CarDekho Group appeared first on MEDIANAMA .
IPO-Bound Astrotalk Finds New Revenue Driver In Ecommerce
It took over six years for spiritual tech startup Astrotalk to cross the INR 1,000 Cr revenue mark. In FY25,…
Pitch Arena 2026: A Platform for Startup Fundraising and Growth
Pitch Arena 2026 connects startups with top investors via Elevate and PitchFest tracks. Apply now to fundraise and grow.
Everstone said to sell stake in India's Burger King operator Restaurant Brands Asia
The family office of Ajanta Pharma is seen picking up some of the stake that Everstone Capital is offloading in Restaurant Brands India.
Vinyl-themed microbrewery 33&Brew raises funding from Optimistic Capital
Vinyl-themed microbrewery 33&Brew has raised Rs 20 crore or about $2.2 million in a Series A funding round led by Optimistic Capital. The funds will be used for construction and expansion. Founded last year by Karthik Chandrasekaran, 33&Brew is India’s first vinyl-themed microbrewery. The brand combines craft beer with a curated vinyl record collection based on the 33⅓ RPM format. Guests can select and play vinyl records, creating a personalised music experience along with their drinks. The outlet offers a progressive Indian menu with global influences and was conceptualised in collaboration with chef Sabyasachi Gorai. 33&Brew aims to stand out in the competitive brewery market of Bengaluru by bringing together craft brewing and analogue music culture. Optimistic Capital recently announced a Rs 200 crore beer-focused fund dedicated to the microbrewery sector. The fund has already deployed Rs 30 crore in its initial investments and plans to invest the remaining Rs 170 crore over the ...
Wealthtech startup AssetPlus raises Rs 175 crore in funding from Nexus VP, existing investors
Wealthtech startup AssetPlus has raised Rs 175 crore, or about $19.3 million, in a new funding round led by Nexus Venture Partners. Existing investors Eight Roads Ventures and Rainmatter Fund also took part in the round. The Chennai-based startup said the fresh capital will be used to strengthen its technology platform and expand its product offerings. AssetPlus had earlier raised $12.9 million from investors including InCred Capital. Founded in 2016 by Vishranth Suresh and Awanish Raj, AssetPlus offers a digital platform for mutual fund distributors and investors. The platform helps users manage investments through digital workflows and technology-based tools. It includes features such as ONDC integration and AI-led advisory solutions. Over time, AssetPlus has expanded beyond mutual funds. The startup now offers insurance products such as term and health plans, along with fixed deposits and retirement-focused products. In the next six months, the company plans to launch portfolio m...
Jaipur-based NBFC firm Namdev Finvest raises $37 million from domestic and global investors
Jaipur-based non-banking finance company (NBFC) Namdev Finvest Private Limited has raised $37 million, around Rs 324 crore, through a mix of listed non-convertible debentures and external commercial borrowings. The funding round saw participation from domestic and global investors including FMO, Impact Investment Exchange, Franklin Templeton AIF India and Symbiotics. FMO contributed $20 million, while Impact Investment Exchange invested $8 million through its Women’s Livelihood Bond 7. Franklin Templeton AIF India invested $2.3 million and Symbiotics invested $6.5 million. The firm said the funds will be used to expand its MSME lending business in underserved rural and semi-urban areas of India. Namdev Finvest focuses on micro, small and medium enterprises, women-led businesses, youth-driven ventures and emerging entrepreneurs to improve access to timely credit. In March 2025, Namdev Finvest also completed a $3 million top-up round from existing investor LC Nueva AIF and the promote...
Blackstone Confirms Milestone-Linked Investment in Neysa, Values Startup at $300 million: Reports
The deal involves Blackstone investing $50-75 million in an initial tranche for a significant minority holding. The post Blackstone Confirms Milestone-Linked Investment in Neysa, Values Startup at $300 million: Reports appeared first on Analytics India Magazine .
Human-first social networking platform Culture raises Rs 2 crore from Acuvest Infra
Culture, a human-first social networking platform built around shared interests and real-time conversations, has raised Rs 2 crore in a seed funding round from Acuvest Infra. The funding will be used to accelerate product development, expand community initiatives, and strengthen safety-focused platform infrastructure, the release notes. “Social media today rewards attention, not connection,” said Anurag Rangineni, Founder and CEO of Culture. “We are building Culture to solve that. The future of social networking lies in meaningful conversations built around shared interests, not follower counts or endless scrolling. Culture is designed to help people feel heard, not performed.” “Trust is the biggest deficit in today’s digital communities,” Rangineni added. The startup said that the latest capital will also support the rollout of creator-led ‘Spaces’, a feature that allows creators and community leaders to host live discussions, events, and hybrid online-offline experiences. Commenti...
2 Young Indian Entrepreneurs Showcase Their Stories At Davos
The WEF's annual meeting started on January 19 and will go on till January 23.
Sun Pharma Eyes Stronger US Presence With USD 10 Billion Organon Acquisition
Sun Pharmaceutical, India’s largest drugmaker by market capitalisation and revenue, is evaluating the acquisition of US-based Organon
Jio IPO update: Reliance awaits government notification before filing DRHP for mother of all IPOs
Reliance Industries is moving closer to listing Jio Platforms, with the group awaiting final govt notification on revised IPO norms before filing its DRHP. The regulatory changes are key to enabling the mega issue, with the Jio IPO expected to be India’s largest ever, potentially raising $4-4.5 billion (Rs 33,000-37,000 crore).
Bharat Coking Coal shares deliver best listing day gains since December 2024. Too late to buy?
Bharat Coking Coal (BCCL) shares surged nearly 77% on debut, marking the best IPO listing since December 2024. This stellar performance follows strong investor appetite, with the Rs 1,071 crore IPO oversubscribed by over 50 times. Experts advise IPO investors to partially book profits while retaining some for long-term growth.
Why KV Toys is betting big on India’s toy revolution: CMD Karan Narang on the SME IPO
KV Toys India, a homegrown toy brand with roots in old Delhi, is set to launch its SME IPO. Chairman & Managing Director Karan Narang highlights the company's journey, competitive edge, and expansion plans. The IPO aims to fuel growth in working capital, product development, and credit support, positioning KV Toys to compete globally.
Why Sharks chose Emori and walked away from True Diamond on Shark Tank India
Two lab-grown diamond jewellery brands, Emori and True Diamond, went head-to-head on Shark Tank India Season 5, but only one walked away with an investment. Founded by Arushi Jain, Emori positions itself as an affordable lab-grown diamond jewellery brand targeting millennials and Gen Z. Launched in September 2023, the brand offers jewellery in 18K and 14K gold, provides a lifetime warranty, and operates with an online-first approach, with 42% of its business coming digitally. Emori currently runs one physical store and is fully bootstrapped. During the pitch, Jain sought Rs 75 lakh for 1% equity, valuing Emori at Rs 75 crore. She highlighted an impressive inventory turnover of 10x and 12 percent repeat rate. The brand has over 600 ring designs, positioning it as one of the largest online ring catalogues in its segment. While Namita Thapar praised the packaging and designs, Aman Gupta criticised Emori’s brand storytelling, calling its website and Instagram presence “boring.” Despite ...
Sequoia Breaks Ranks to Back Anthropic in $25 Bn Mega Round: Report
Sequoia Capital already holds stakes in Anthropic rivals OpenAI and Elon Musk’s xAI The post Sequoia Breaks Ranks to Back Anthropic in $25 Bn Mega Round: Report appeared first on Analytics India Magazine .