Zaggle Prepaid Ocean Services, a leading enterprise fintech firm, recently completed a Qualified Institutional Placement (QIP) that raised ₹595 crore. This strategic financial maneuver not only highlights Zaggle’s robust market standing but also sets the stage for its ambitious expansion ...
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Naxatra Labs Secures Seed Funding to Revolutionize EV Motor Technology
Naxatra Labs, an innovative electric motor technology startup, has successfully raised seed funding from prominent investors, including GVFL, Mohit Tandon (founder of Delhivery), and Nithin Kamath (founder of Rainmatter Foundation). The startup focuses on developing advanced axial flux motors designed ...
Univest Secures $10 Million in Series A Funding to Revolutionize Retail Stock Market Advisory
Univest, founded in 2022, is a retail stock market advisory platform designed to simplify investment decisions for retail investors. Operating through its SEBI-registered RA entity, Uniresearch, the platform provides general recommendations and actionable insights tailored to individual needs. Within just ...
Zomato Becomes the First Indian Startup to Join the BSE Sensex 30
Founded by Deepinder Goyal, Zomato has cemented its place as a leading foodtech company in India. The platform revolutionized food delivery and restaurant discovery, creating a strong presence in the country’s digital economy. In a landmark achievement, Zomato has become ...
News: DAM Capital IPO Subscribed 5x on Day 2; Retail and NIIs Lead; GMP Surges
The DAM Capital IPO has seen an overwhelming response, being subscribed 5 times on Day 2 of the offering period. The initial public offering (IPO) has gained significant traction, with strong participation from both retail investors and Non-Institutional Investors (NIIs). ...
News: Stocks Making Significant Moves After Hours
Several companies saw notable stock movements after the market closed, driven by earnings reports, business updates, and market sentiment. Here’s a look at the major players: 1. FedEx (FDX) Performance: Shares rose after the company reported better-than-expected earnings and ...
GDP Growth Slowdown in Q2FY25 Is Temporary, Says Finance Minister
Finance Minister Nirmala Sitharaman addressed the Lok Sabha, stating that the GDP growth slowdown observed in Q2FY25 is a temporary blip and that improvements are expected in the coming quarters. Her remarks came during discussions on the Supplementary Demands for ...
Mamata Machinery Limited, a prominent manufacturer of packaging machinery, is set to launch its Initial Public Offering (IPO) on December 19, 2024. Here are the key details potential investors should be aware of
1. IPO Schedule:Opening Date: December 19, 2024 Closing Date: December 23, 2024 Listing Date: December 27, 2024 2. Price Band:The shares are priced between ₹230 and ₹243 per equity share. 3. Lot Size:Investors can bid in multiples of 61 ...
Franklin India Prima Fund, a mid-cap mutual fund, has demonstrated remarkable performance over its 31-year history.
Franklin India Prima Fund, a mid-cap mutual fund, has demonstrated remarkable performance over its 31-year history. Investors who initiated a monthly Systematic Investment Plan (SIP) of ₹10,000 at the fund’s inception have seen their investments grow to approximately ₹23.45 crore, ...
The Journey and Recognition of Policybazaar’s Co-Founders Yashish Dahiya and Alok Bansal
Introduction Policybazaar, India’s largest insurance aggregator, co-founded by Yashish Dahiya and Alok Bansal in 2008 alongside Avaneesh Nirjar, has emerged as a pioneering force in the country’s fintech and insurance sectors. Recently, the company and its visionary leaders received a ...
