Peak XV

News and Trends

Fintech Battle Heats Up as MobiKwik Prepares INR 572 Cr Public Offering

The INR 572-crore issue, which will close on December 13, has set a price band of INR 265-279 per share. The bidding for the anchor investor portion is slated for December 10.

News and Trends

Shweta Rajpal Kohli Launches Startup Policy Forum to Boost Startup Ecosystem

SPF aims to bridge the gap between founders, policymakers, and regulators to bolster India's innovative economy.

News and Trends

ELIVAAS Raises USD 5 Mn in Series-A Round to Disrupt Luxury Vacation Rental Market

The newly secured funds will be allocated towards enhancing ELIVAAS's proprietary technology platform, expanding its market presence, optimising operations, and elevating the overall experience for homeowners and guests.

News and Trends

Peak XV, Sofina, Fireside Ventures, and Others Divest Shares Worth INR 1,600 Cr in MamaEarth's Parent Honasa Consumer

On the buyer's side, ICICI Prudential Life and Morgan Stanley collectively invested INR 262 crore in acquiring shares of MamaEarth.

News and Trends

Sri Mandir's Parent AppsForBharat Raises USD 18 Mn Funding to Accelerate Digital Devotional Services

The Bengaluru-based startup plans to utilise the funds to expand the Sri Mandir app, build a robust technology stack for temples, introduce five new regional languages, and scale operations in India and international markets like the US, UK, and Canada.

News and Trends

PV Sindhu Joins Wellness Brand Hoop as Investor and Brand Ambassador

This partnership aims to propel Hoop towards becoming India's most loved wellness brand.