Palak Sharma

Hindustan Times Syndication

[Update] Tonbo Imaging IPO Closes With 135.9X Oversubscription

By: Palak Sharma

India, Oct. 19 -- Update| October 19, 18:30 IST Tonbo Imaging's Rs.852 Cr IPO closed with an oversubscription of 135.9X on the third and final day of bidding.

Inc42 Media

Can Hotels Become ixigo's Fourth Growth Engine?

By: Palak Sharma

ixigo is building hotels into its fourth growth engine alongside trains, flights, and buses, with hotel revenue growing more than sixfold to ₹8.1 Cr in Q2 FY27

Inc42 Media

Binny Bansal-Backed ShopOS Launches AI Creative Platform Sloosh For Individuals

By: Palak Sharma

Binny Bansal-backed ShopOS has launched Sloosh, bringing the AI image and video generation technology it uses for enterprise clients to individual creators and small businesses.

Inc42 Media

Zetwerk IPO: Kae Capital, Kalysta Bag 38.3X Returns, Lightspeed Pockets ₹440 Cr

By: Palak Sharma

Kae Capital Fund II and Kalysta Capital Fund II bagged 38.3X returns on shares sold through Zetwerk's IPO.

Inc42 Media

Swiggy To Begin Instamart Inventory Model Transition, Eyes Pivot Within Three Quarters

By: Palak Sharma

In its Q2 shareholders letter, the company announced that it will pivot Instamart to the inventory model by mid-Q3 FY27

Hindustan Times Syndication

Zetwerk IPO: Kae Capital, Kalysta Bag 38.3X Returns, Lightspeed Pockets Rs.440 Cr

By: Palak Sharma

India, Oct. 22 -- Early backers Kae Capital Fund II and Kalysta Capital Fund II bagged 38.3X returns on shares sold through manufacturing company Zetwerk's IPO, emerging among the biggest gainers in its offer for sale (OFS).

Inc42 Media

CoinDCX Admits Losses From Old Wallet Deposits, Denies Breach Of Active Wallets

By: Palak Sharma

CoinDCX said it absorbed operational losses after its process for securing deposits sent to discontinued wallet addresses failed

Inc42 Media

Y Combinator-Backed Firstwork Nets $15 Mn To Expand Footprint Across US And Europe

By: Palak Sharma

Firstwork has raised $15 Mn in a Series A funding round led by Earlybird Venture Capital

Inc42 Media

Zetwerk Makes Its Market Debut; Can Scale Alone Widen Its Thin Margins?

By: Palak Sharma

SUMMARY Zetwerk's FY26 revenue grew 40.4% to ₹15,913 Cr, but its net loss widened to ₹1,606 Cr as operating cash outflow rose to ₹682 Cr

Inc42 Media

Exclusive: Imarticus Eyes Confidential Filing In 2-3 Months For ₹1,000 Cr IPO

By: Palak Sharma

SUMMARY Imarticus Learning plans to file draft papers confidentially for a ₹1,000 Cr IPO within two to three months, up from its earlier planned ₹750 Cr issue.