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Monday

3 stories you need to know from India's startup ecosystem.

3Stories
3Min Read
01
Policy 4 min read

Fujifilm Will Invest ₹800 Crore In A Chip Materials Plant Beside Tata's Dholera Fab

A fab is not only a building full of machines. It is a very large, continuous consumer of chemicals. Photoresists, developers, polishing slurries, cleaners, etchants and high-purity process chemicals are used in quantity…

02
Markets & IPO 5 min read

NSE's ₹22,562 Crore IPO Closed 5.7 Times Subscribed, Almost Entirely On Institutional Demand

The headline multiple hides a split that matters more than the total. Institutions bid 12.68 times their allocation. Retail investors, the people who make up most of NSE's trading accounts, finished at roughly 1.4 times,…

03
Funding 5 min read

Prime Industries to Raise ₹11.86 Crore From Omega Seiki Mobility Founder Uday Narang

The investor is the story in this fundraise, more than the amount. Uday Narang is best known publicly as the founder of Omega Seiki Mobility, which he set up in 2018 to build electric three-wheelers and commercial vehicl…

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