London-based investment firm Actis has sold shares worth approximately ₹151.6 crore in Indian fintech company Pine Labs through a market transaction, continuing the trend of stake sales by early investors following the expiration of the company’s post-IPO lock-in period. According to exchange data, Actis Pine Labs Investment Holdings offloaded 9.83 million shares at a price … Read more
Tata Group-owned quick commerce and online grocery platform BigBasket has announced the appointment of former Amazon executive Amit Nanda as its new Chief Executive Officer (CEO), marking a significant leadership transition as the company intensifies its focus on growth, innovation, and competition in India’s fast-evolving quick commerce sector. Nanda succeeds Hari Menon, one of BigBasket’s … Read more
India’s startup ecosystem witnessed a significant rebound this week, with total funding reaching approximately $187.2 million across 18 deals. This marks a sharp increase compared to the previous week, where startups collectively raised just $47 million. The funding landscape was dominated by growth-stage investments, while early-stage startups also showed strong momentum across multiple sectors. Growth-Stage … Read more
