Wagons Learning and Assessment Limited, a company providing learning and assessment services, has officially withdrawn its ₹38 crore SME IPO following weak investor response. The decision reflects broader caution among retail and institutional investors toward small-issue IPOs, signaling evolving sentiment in India’s SME capital markets. This article delves into the reasons behind withdrawal, impact on…
Curefoods India, a leading multi‑brand cloud kitchen operator based in Bengaluru, has officially filed its Draft Red Herring Prospectus (DRHP) with market regulator SEBI to raise a total of ₹800 crore. This move marks the company’s first step into the public markets and underscores confidence in India’s digital food‑services sector. With ambitions to expand its…
The lineup for Open Source Summit India 2025 has been unveiled, signaling an event that promises to be a milestone for India’s open source community. Hosted on August 5 in Hyderabad, this flagship summit by the Linux Foundation will feature a lineup of diverse speakers from global tech giants, Indian government bodies, and prominent infrastructure…
India is currently riding a historic wave of primary market activity. So far in 2025, Indian companies have raised $6.7 billion through IPOs, surpassing the $5.4 billion raised in the same period of 2024. This puts India ahead of all countries except the U.S. in global IPO fundraising — a remarkable shift for a rising…
Electric vehicle enthusiasts and industry analysts are eagerly awaiting July 15, 2025, when the Tesla Mumbai showroom opening is scheduled to go live. This marks a major milestone for the global EV giant, representing its first physical retail presence in India after years of anticipation. The showroom is expected to showcase Tesla’s Model 3 and Model…
In a landmark leadership shift, HUL new CEO Priya Nair took center stage as Hindustan Unilever’s first female Chief Executive & Managing Director. Effective August 1, 2025, she assumes the helm following Rohit Jawa’s departure on July 31. The market responded immediately, sending HUL shares up around 4% on the heels of this news. This…
In a strategic move highlighting the strong investor appetite for fintech-focused generative AI solutions, UNLEASH Capital has led a $1.6 million seed round for Neurofin, marking a significant milestone in the evolving landscape of India’s banking and financial services technology sector. This infusion of capital not only validates Neurofin’s promise in harnessing generative AI to…
On the morning of July 11, 2025, the Indian rupee opened on a weaker note, triggering concern across markets. The decline came amid growing fears surrounding renewed global tariff tensions led by the United States. The rupee opens lower tariff impact was immediately felt in investor sentiment, with forex traders, equity analysts, and policymakers closely…
The Indian IT industry is under the spotlight as Tata Consultancy Services (TCS), the country’s largest software exporter, released its first-quarter financial results, missing revenue expectations and sending shockwaves through the stock market. The TCS Q1 revenue miss impact has become a focal point for investors and analysts as they reassess the health of the…
India’s largest public sector lender, the State Bank of India (SBI), is preparing for a massive equity offering that could reshape the banking sector’s capital dynamics. According to reports from Reuters and other financial sources, SBI plans to raise between ₹25,000 crore to ₹29,000 crore through a Qualified Institutional Placement (QIP), marking its first such…