Riverwood Capital

Qure.ai, the fast growing Indian health-tech startup that offers artificial intelligence (AI) solutions for medical diagnostics, is planning to go public in next two years, says its co-founder and CEO Prashant Warier. Founded in 2016 and headquartered in Mumbai, Qure.ai has developed advanced AI algorithms that help healthcare providers detect critical conditions like tuberculosis, lung […]

After nearly a decade-long wait, the NSE IPO appears to be on the brink of its long-delayed initial public offering (IPO). Multiple developments in May 2025 signal that regulatory hurdles may finally be lifting, as the Securities and Exchange Board of India (SEBI) and NSE engage in advanced discussions to resolve the infamous co-location case

Dialysis service provider NephroPlus is getting ready to go public and is looking to raise USD 200-250 million (~INR 2,127 crore) through IPO. The Hyderabad-based company has appointed top investment banks to manage the Nephroplus IPO as it looks to fuel further domestic and international expansion. ICICI Securities, IIFL Capital Services, Nomura and Ambit Capital

In a major boost to India’s cybersecurity ecosystem, the Department of Science and Technology (DST), Government of India, has upgraded the C3iHub at Indian Institute of Technology Kanpur to a Technology Translational Research Park (TTRP) under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS). The announcement was made by Dr. Jitendra Singh, Union Minister of

Shares of Bondada Engineering soared 10% on Friday, hitting the upper circuit at INR 425.05 apiece on the BSE, after the company announced a major solar power project win worth INR 9,000 crore from the Government of Andhra Pradesh. The development has catapulted the company’s total order book to over INR 14,000 crore, marking a

Edelweiss Asset Management (Edelweiss AMC) has launched ‘altiva SIF’, its dedicated platform for Specialized Investment Funds (SIFs) business. Edelweiss is one of the first to enter this new asset class as sanctioned by the Securities and Exchange Board of India (SEBI). Specialized Investment Funds (SIFs) is a structural change in the Indian financial landscape. Conceived

Bengaluru-based fintech startup Stable Money has raised USD 20 million (~INR INR 170 crore) in a new round of funding. The round is led by The Fundamentum Partnership Fund, a growth-stage venture capital fund co-founded by Nandan Nilekani, with participation from existing investors Matrix Partners, RTP Global, Lightspeed India and Naman Finance. Funding Breakdown According

The Belrise Industries IPO allotment status is not available right now. Allotment status will be made available on 26 May 2025, as per the timeline provided in the red herring prospectus (RHP) of the IPO. The IPO saw a subscription rate of 41.30 times, with total bids amounting to INR 88,795 crores. Investor sentiment appears cautious, and

Ather Energy has partnered with ThunderPlus, a rapidly growing EV charging infrastructure provider. The partnership opens up over 140 fast-charging hubs across 40 cities in 15 Indian states to Ather’s electric two-wheeler customers, a big step towards reducing range anxiety and increasing nationwide electric vehicle (EV) adoption. This is a change in strategy for Ather

Kanodia Cements, one of the fastest-growing players in India’s cement industry and part of the Kanodia Group has submitted its IPO papers with the Securities and Exchange Board of India (SEBI). Kanodia Cements IPO is entirely an Offer for Sale (OFS), involves up to 14.91 million equity shares of face value INR 10 each. Backed