Mumbai-based education finance non-banking financial company (NBFC) Avanse Financial Services, backed by global investors Warburg Pincus, Kedaara Capital, and Mubadala, is preparing to raise INR 1,374 crore (~USD 152 million) through a rights issue to …

Bengaluru health-tech platform opens early talks with bankers for Practo IPO; FY24 revenue at INR 240 crore, loss narrowed to INR 17 crore Practo Technologies is preparing to list in India in the second half …

Symbiotec Pharmalab, a research-driven pharmaceutical and biotechnology company based in Indore, Madhya Pradesh, has filed DRHP with the Securities and Exchange Board of India (SEBI). Symbiotec Pharmalab IPO comprises a fresh issue and an offer …

Motilal Oswal Financial Services (MOFSL) has initiated coverage on Lodha Developers (LODHA) with a BUY recommendation and a target price of INR 1,888, implying a 73% upside from the current market price of INR 1,091. …

Bengaluru-based social investing and market advisory platform StockGro’s Series B1 round has attracted USD 13 million (~INR 117 crore) from BITKRAFT Ventures as part of its Series B1 funding round, underscoring sustained investor confidence in …

Oben Electric has raised USD 10.2 million (~INR 85 crore) in a pre-Series B round backed by a clutch of Indian–American family offices and existing investors. The Bengaluru-based electric motorcycle manufacturer plans to use the …