Author: Aman Atulya

Goldman Sachs Bank Europe SE – ODI has sold 1.08 crore shares in foodtech company Eternal, in a block deal valued at around ₹355.3 crore. The shares were sold at ₹329 apiece, representing about 0.11% of Eternal’s equity. The buyer was BoFA Securities Europe SA, which acquired the shares in the secondary market. This transaction marks Goldman Sachs’ third recent stake sale in Eternal. Earlier this month, it sold 8.2 crore shares worth ₹266.9 crore, and prior to that, 9.52 lakh shares for ₹31.6 crore. Goldman Sachs seems to be booking profits as Eternal’s stock has seen substantial gains. Over…

Omnichannel eyewear retailer Lenskart has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), marking a major milestone in its growth journey. The approval comes two months after the company filed its draft red herring prospectus (DRHP) in July 2025. IPO Structure The offering will include a fresh issue of ₹2,150 crore, along with an Offer for Sale (OFS) of up to 13.2 crore shares by existing investors. The OFS will be led by marquee stakeholders including SoftBank, Temasek, Schroders Capital, Premji Invest, Kedaara Capital, and Alpha Wave. SoftBank, Lenskart’s largest…

BVG India, a provider of integrated facility management services, has filed its draft IPO papers with SEBI, aiming to raise ₹300 crore through a fresh issue. Existing shareholders will also offer 2.85 crore shares via Offer for Sale (OFS) as part of the public offering. Under the proposed structure, ₹250 crore of the fresh issue proceeds will be allocated toward repayment of debt, while the remaining portion will serve general corporate purposes. BVG India operates across three verticals—Integrated Facility Management (IFM), Emergency Response Services (ERS), and Environment & Sustainability Services (ESS)—serving clients in sectors such as industrial, commercial, healthcare, education,…

India’s drive to deepen its electronics supply chain has struck a strong chord. The Centre has received investment commitments of Rs 1.15 lakh crore from electronics parts manufacturers under its newly launched Electronics Component Manufacturing Scheme (ECMS). The scheme, approved by the Union Cabinet in March 2025, carries a total outlay of Rs 22,919 crore over six years. It aims to boost domestic value addition by incentivising production of components such as display modules, camera sub-assemblies, printed circuit board assemblies (PCBA), and passive components like resistors and capacitors. According to Union IT & Electronics Minister Ashwini Vaishnaw, the proposal inflow…

As workplaces grow increasingly hybrid and fast-paced, teams often struggle to turn ideas into action. Studies show that over 60% of Gen X and Millennials collaborate better through visuals like diagrams, charts, and videos rather than words alone. Enter Vani by Zoho, an intelligent visual collaboration platform designed to help teams visualize, collaborate, and execute ideas seamlessly. Visualize: Making Ideas Tangible Vani provides tools like infinite whiteboards, mind maps, flowcharts, sticky notes, and frames that turn abstract concepts into clear, shareable visuals. Teams can organize ideas into Spaces and Zones, creating a structured yet flexible environment for brainstorming, planning, and…

Luxury watch retailer Art of Time has raised Rs 175 crore in a fresh funding round led by CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Freshworks founder Girish Mathrubootham, and Plutus Wealth Management. With this round, the company’s total funding since inception has reached Rs 200 crore. The round comprised 70% primary infusion and 30% secondary sale, underscoring strong investor confidence in the company’s growth strategy. Growth Plans The capital will fuel retail expansion, technology adoption, and category diversification. Currently, 85% of sales come from offline stores, while online contributes 15%. Art of Time now aims to double…

Zomato’s parent company Eternal has rolled out a significant round of employee stock options (ESOPs), granting 64.13 lakh equity shares under its multiple stock option plans. The approval came from the company’s Nomination and Remuneration Committee, covering the Foodie Bay ESOP Plan 2014, Zomato ESOP Plan 2021, and the latest Zomato ESOP Plan 2024. At Eternal’s current market price of Rs 330 per share, the new ESOP allocation is valued at nearly Rs 211 crore, making it one of the company’s largest employee rewards in recent quarters. This follows an earlier grant of 10.13 lakh ESOPs worth about Rs 33…

Electric mobility startup RapteeHV is gearing up to begin commercial production of its high-voltage electric motorcycle, the T30, starting November this year. The company has already secured advance bookings of around 8,000 units ahead of its market launch. RapteeHV is the first Indian EV motorcycle OEM to receive funding from the Technology Development Board (TDB), Department of Science & Technology, which previously supported Bharat Biotech’s Covaxin. The company stands out for applying high-voltage electric car technology to two-wheelers, aiming to bring performance-grade EVs to India’s mass motorcycle segment. “Our initial production will be about 300 bikes per month, with capacity…

India’s messaging landscape is seeing a fresh challenger: Arattai, a homegrown messaging app by Zoho, is gaining momentum amid growing interest in digital sovereignty. But how does it stack up against established giant WhatsApp? Here’s a breakdown. Feature Comparison User Reach & Momentum WhatsApp is entrenched — billions of users globally, with deep penetration across India’s digital fabric. Arattai, meanwhile, has surged in downloads, briefly topping India’s app store charts amid a wave of local support and visibility. Choosing Between Them For users prioritizing privacy, local control, and civilian support for domestic tech, Arattai presents a compelling alternative — especially…

VBAP Holdings Private Limited has sold a 23.6% stake in co-working solutions provider Awfis, according to a corporate disclosure on the National Stock Exchange. The investment and holding firm offloaded 9,96,307 shares at Rs 570.12 per share, raising Rs 56.8 crore in the transaction. As of March 2025, VBAP held 42,17,712 shares, constituting 5.92% of Awfis’ total captable. The sale marks another liquidity move from institutional investors in the co-working segment, following QRG Investments’ bulk deal last week, which involved shares worth Rs 22 crore. Founded as one of India’s early co-working operators, Awfis has been expanding its footprint across…