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Tuesday

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

3Stories
3Min Read
01
Funding 7 min read

Bharat Housing Network Turns Its Mortgage Rails Toward Solar Panels and EVs

Most Indian lending fails at the last mile for an unglamorous reason: the loans are too small to be worth the effort. A bank assessing a ₹8 lakh home loan in a tier-three town faces roughly the same fixed cost as one ass…

02
EV & Mobility 4 min read

Ola Electric Will Raise Up To ₹1,000 Crore Through A Rights Issue

The instrument tells you more than the amount does. A qualified institutional placement sells shares to institutions that choose to buy. A rights issue offers them to everyone who already owns the stock, usually at a dis…

03
Markets & IPO 4 min read

Moneyview's IPO Closed 101.87 Times Subscribed, Two Weeks After It Cut The Issue

The sequence is what makes this interesting rather than the multiple. Two weeks before the offer opened, Moneyview halved its fresh issue to ₹750 crore and reduced the offer for sale. Accel, Tiger Global, Ribbit Capital …

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