Category: Startup India

IPO-Bound Cars24 Onboards Infosys CFO Jayesh Sanghrajka As Independent Director

SUMMARY To note, Sangharjka has been working with Cars24 in the capacity of an audit committee member since 2021 Over his near 14 year tenure with Infosys, he has headed mergers and acquisitions and handled stakeholder management as well as heading post merger integration of companies The appointment comes at a time when Cars24 is […]

Indian stocks and rupee fall on global selloff, further escalation in West Asia

3 min readJun 8, 2026 10:51 AM IST Indian equity markets and the rupee opened lower on Monday as escalating tensions in West Asia triggered a global risk-off sentiment. (File Photo) The Indian stock and currency markets opened weaker on Monday, following other big global markets, as further escalation in the situation in West Asia […]

How AI Is Taking Over The Director’s Chair

For decades, the industry operated one-dimensionally, with large production houses controlling access to expensive cameras and movies requiring hundreds of crores in investment, large crews and years of execution. But the rise of generative AI has begun to challenge this model. A case in point is JioStar’s AI adaptation of Mahabharat, which clocked 6.5 Mn […]

Lendingkart’s last stand: a founder, a Temasek unit, an outdated deal, and a $600M wipeout

Enter your email address to receive a daily summary of all our stories. Sometime in the second quarter of 2022, Harshvardhan Lunia, the founder and then CEO of the fintech Lendingkart, boarded a flight from Ahmedabad to Mumbai. The agenda was simple: to acquire Upwards, a fellow lending company.  With over 110,000 active loan accounts […]

Klassroom Eyes Going Public In Q2 FY27; Secures In-Principle Approval For SME IPO

SUMMARY Klassroom is planning to launch its initial public offering (IPO) on the BSE SME platform in the second quarter (July to September) of FY27, sources shared with Inc42 The proposed IPO comprises a fresh issue of up to 19.89 Lakh equity shares and an offer-for-sale (OFS) of up to 4.66 Lakh shares Founded in […]

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