Day: September 19, 2023

Jain and Suri’s departures mean that the VC firm will now be steered by managing partner Rehan Yar Khan Both the outgoing managing partners took to LinkedIn to announce their respective exits While Jain held multiple positions across companies such as P&G, Yum Restaurants, Oriflame and Whirlpool, Suri held key roles at Jio, Viu and…

Zaggle’s public issue received bids for 24.29 Cr shares as against 1.93 Cr shares on offer, led by qualified institutional buyers While the portion reserved for QIBs saw 16.37X subscription, retail investors’ category was also oversubscribed 5.94X The B2B SaaS fintech startup’s IPO comprises a fresh issue of shares worth INR 392 Cr and an…

Of the total 3.09 Cr shares on offer, Yatra’s public issue received bids for 94.66 Lakh shares on Day 2 Retail investors’ portion was subscribed 1.34X, with bids received for 76.24 Lakh shares as against 56.77 Lakh shares on offer The price band for Yatra’s IPO, which comprises a fresh issue of shares worth INR…

The change comes after TRAI prior recommendation to impose regulations on OTT communication apps The Telecom Bill is expected to be tabled in the Parliament during the Winter Session The DoT is of the opinion that the existing definition of teleservices under the Indian Telegraph Act is good enough In a significant development for over-the-top…

A subsidiary of Amber Enterprises India, Il Jin Electornics will offer its expertise in manufacturing, resources, and innovative capabilities to Noise Noise said that this partnership aims to solidify its Make In India commitment Launched in 2014 by Amit and Gaurav Khatri, Noise claims to manufacture over 95% of wearable and smartphone accessories in India…