Archive

Tuesday

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

6Stories
3Min Read
01
Fintech 5 min read

Auxilo's Revenue Rose 28% In FY26 While Its Profit Barely Moved

The two growth rates that matter most in a lender's accounts moved in the wrong direction relative to each other. Interest income, what Auxilo earns on its loans, rose 28 per cent. Finance costs, what it pays to borrow t…

02
Markets & IPO 5 min read

CarDekho's Parent Is Converting To A Public Company Ahead Of A ₹3,000 Crore IPO

The composition of the proposed offering says more than its size. A fresh issue of about ₹300 crore within a ₹3,000 crore offering means roughly 90 per cent of the money would go to selling shareholders rather than the c…

03
Markets & IPO 4 min read

Soach Global Is Selling A Fifth Of Its NSE Stake For Up To ₹295 Crore, Five Times What It Paid For All Of It

The more telling detail is who sold these shares in the first place. Soach bought its stake in January 2016 from Industrial Finance Corporation of India, a state-owned lender. It paid ₹59.25 crore. At the top of the IPO …

04
Markets & IPO 5 min read

Snapdeal's Parent AceVector Has Priced Its IPO At A ₹1,741 Crore Valuation

The number that frames this issue sits a decade back. In 2016 Snapdeal alone was valued at around $6.5 billion in private markets, and was spoken of as a serious rival to Flipkart and Amazon in India. AceVector, which no…

05
Markets & IPO 4 min read

Spinny Has Confidentially Filed For A ₹3,000 Crore IPO

Spinny's revenue figure needs reading carefully, because it measures something different from most internet companies' revenue. Spinny is a retailer rather than a marketplace. It buys cars, refurbishes them, holds them a…

06
Funding 7 min read

Protein Pantry Raises ₹9 Crore to Build the Factory That Makes Chaap Without Maida

Soya chaap has a reputation it does not always earn. For many vegetarian Indian households it is the protein dish: the thing ordered at a dhaba or grilled at home precisely because it is supposed to be the meat-equivalen…

Recent Briefs
Wed23 Sept1 storyMon21 Sept3 storiesFri18 Sept2 storiesThu17 Sept9 storiesWed16 Sept5 storiesTue15 Sept3 storiesMon14 Sept7 storiesSat12 Sept1 story
📬 Get The Brief by Email
5 stories, every weekday at 8 AM IST.

Free. No spam. Unsubscribe in one click.