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Rentomojo’s $133 Million IPO Fully Subscribed on First Day

By Uniquetimesorg September 9, 2026 0

Rentomojo’s ₹1,256 crore ($133 million) initial public offering was fully subscribed on its first day of bidding on Wednesday, marking strong investor interest in the furniture rental company. The Bengaluru-based firm aims to become India’s first listed furniture rental company. The 12-year-old company received bids for 22.07 million shares against 21.77 million shares on Continue Reading

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Google-Backed Pixxel Raises $100 Million in Record Indian Space Tech Funding

By Uniquetimesorg September 7, 2026 0

Indian space technology startup Pixxel said on Monday it had raised $100 million in a Series C funding round led by Singapore state investor Temasek and British space-tech venture firm Seraphim. The deal marks the largest single funding round raised by an Indian space technology company, taking Pixxel’s total funding to $195 million. The latest […]Continue Reading

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Ola Electric Cuts Quarterly Loss as Cost Controls Ease Pressure

By Uniquetimesorg May 20, 2026 0

Ola Electric Mobility reported a narrower quarterly loss as the company reduced operating costs amid intense competition in India’s fast-growing electric two-wheeler market. The SoftBank-backed EV maker posted a net loss of 5 billion rupees for the January–March quarter, compared to 8.7 billion rupees a year earlier. The improvement came despite a sharp decline in […]Continue Reading

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Tencent Invests Rs 10 Crore to Boost India’s Gaming and AVGC Industry

By Uniquetimesorg May 15, 2026 0

Chinese tech giant Tencent has announced a Rs 10 crore investment initiative to support India’s Animation, Visual Effects, Gaming and Comics (AVGC) sector. The company signed separate three-year agreements with the Services Export Promotion Council (SEPC) and the Game Developers Association of India (GDAI) to strengthen talent development, startup growth, and industry Continue Reading

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PhonePe Postpones IPO Amid Global Market Uncertainty

By Uniquetimesorg March 16, 2026 0

Flipkart-backed PhonePe has delayed its planned initial public offering (IPO), citing geopolitical tensions and ongoing volatility in global financial markets. CEO Sameer Nigam said the company remains committed to listing in India but will resume the IPO process only after capital markets stabilise. The decision reflects a cautious stance as companies worldwide reassess Continue Reading

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Meesho Faces ₹1,500 Crore Tax Demand for FY24

By Uniquetimesorg March 7, 2026 0

E-commerce marketplace Meesho has received an income tax demand of nearly ₹1,500 crore for the assessment year 2023–24, according to a stock exchange filing on March 7. The demand totals ₹1,499.73 crore, including interest, and was issued through an assessment order under Section 143(3) of the Income Tax Act along with a demand notice under […]Continue Reading

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Indian Startups Seek Tax Clarity After Supreme Court Ruling Alarms Investors

By Uniquetimesorg January 22, 2026 0

A group representing 60 Indian startups has urged the government to provide clarity on tax policy following a recent Supreme Court ruling that has unsettled foreign investors. The startups have asked New Delhi to confirm that the decision will not be used to reopen or scrutinise older investments, warning that uncertainty could hurt confidence in […]Continue Reading

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Deepinder Goyal Clarifies ‘Temple’ Wearable Is Still Under Development, Not for Sale

By Uniquetimesorg January 9, 2026 0

Zomato CEO Deepinder Goyal has issued a clarification regarding the much-discussed health-tech wearable called “Temple,” stating that the device is not yet available for sale. The clarification came after social media debates and concerns raised by influencers and medical professionals, including doctors from AIIMS, who questioned the safety and scientific basis of what Continue Reading

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PhonePe CEO Apologizes for Criticizing Karnataka’s Reservation Bill

By uniquetimes July 22, 2024 0

Sameer Nigam, Founder and CEO of PhonePe, issued an apology on Sunday following a controversial post on X (formerly Twitter) criticizing Karnataka’s recent local jobs reservation bill. Nigam stated that he never intended to offend Karnataka or its people and offered an unconditional apology for any hurt his comments might have caused. In his statement, […]Continue Reading