Entrepreneur Staff

Entrepreneur Staff

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News and Trends

Swiggy Set to Launch IPO on November 6, 2024, with Price Band of INR 371 to INR 390 per Share

Swiggy has established a price band of INR 371 to INR 390 per equity share, with bids to be made for a minimum of 38 equity shares and in multiples of 38 thereafter.

News and Trends

NSE Crosses 20 Cr Client Accounts in October 2024, Marking Rapid Retail Growth

Maharashtra has the highest account count at 3.6 crore, followed by Uttar Pradesh with 2.2 crore, and Gujarat with 1.8 crore. Rajasthan and West Bengal each contribute 1.2 crore accounts, collectively representing nearly half of the total client base.

News and Trends

Norwest Leads INR 310 Cr Investment in Vridhi Home Finance to Drive Affordable Housing

The platform aims to deploy the raised funds to accelerate expansion in existing markets and enhance its technology infrastructure.

News and Trends

AI Fintech Firm Auquan Raises Additional USD 4.5 Mn in Seed Funding Led by Peak XV's Surge

With the raised funds, the platform aims to expand its engineering team and advance its Retrieval-Augmented Generation (RAG) and AI agent architecture, which are key to automating deep work.

News and Trends

Vertex Ventures Backs Coolmate with USD 6 Mn Series B to Expand D2C Men's Apparel Brand

This fresh capital will fuel Coolmate's ambitious plans to expand internationally, enhance product innovation, and strengthen its omnichannel retail strategy across Southeast Asia (SEA).

News and Trends

Finova Capital Secures USD 135 Mn in Series E Funding to Expand MSME Financing

The newly secured capital will be directed toward expanding Finova's loan book, investing in technology, and enhancing its geographic footprint.

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