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Startup News

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Inc42

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Features

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Startup Resources

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Brandlabs

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Electric Vehicles

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Fintech Coverage

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Update | September 2, 18:55 ISTPernia's Pop-Up Shop saw its ₹680 Cr fresh issue IPO was oversubscribed by 1.29X on the final day of bidding, with retail investors and QIBs driving demand.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/77/7e/f6/777ef6fc91995d885aed6a79e8d5de02a78dfe4c87b150805d99b632e7f08995.webp

https://api-news.dailyhunt.in/api/v2/posts/article/content/n725434469?useWidgetPosition=false&feedConfigKey=SOURCE_CAT_CHRONO&ignoreTrack=true&parentEntityId=dha4e5b6ff8a684270bfa86a4e18f5b97a&parentEntityType=SOURCECAT

[Update] Pernia's Pop-Up Shop Parent IPO Closes With 1.29X Oversubscription #DH_SHARE_URL# By Inc42 via Dailyhunt

[Update] Pernia's Pop-Up Shop Parent IPO Closes With 1.29X Oversubscription

https://inc42.com/buzz/pernias-pop-up-shop-parent-ipo-subscribed-37-on-final-bidding-day

On an experimentation spree, Walmart-owned Flipkart is now looking to enter the entertainment business with short-form scripted shows, microdramas.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/8d/99/bd/8d99bdefe5ecdc4aba4d857dfda6ed1bc76124354d24c0563ede3ae9c65a1a4c.webp

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Flipkart Eyes Microdrama Entry Amid Diversification Push #DH_SHARE_URL# By Inc42 via Dailyhunt

Flipkart Eyes Microdrama Entry Amid Diversification Push

https://inc42.com/buzz/flipkart-eyes-microdrama-entry-amid-diversification-push

Update | September 01, 18:25 ISTThe public issue of Purple Style Labs (PSL) IPO ended its second day of bidding with a subscription of 24%.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/2e/c7/7b/2ec77bf1fa145c2af1b6babed31ff464e172f8a1a794a1e4b67820e2bfd2e165.webp

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[Update] Pernia's Pop Up Shop Parent IPO: Issue Subscribed 24% On Day 2 #DH_SHARE_URL# By Inc42 via Dailyhunt

[Update] Pernia's Pop Up Shop Parent IPO: Issue Subscribed 24% On Day 2

https://inc42.com/buzz/pernias-pop-up-shop-parent-ipo-issue-subscribed-20-on-day-2-so-far

Financial services giants BNP Paribas and Societe Generale and US-based hedge fund Millennium Management have offloaded omnichannel eyewear giant Lenskart's shares worth ₹2,670.2 Cr via multiple bulk deals.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/e6/8f/65/e68f65970131f5863b65507747f4f29615347156dc279331994cc09f5c18bde3.webp

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BNP Paribas, Societe Generale & Millennium Sell Lenskart Shares Via ₹2,670 Cr Block Deals #DH_SHARE_URL# By Inc42 via Dailyhunt

BNP Paribas, Societe Generale & Millennium Sell Lenskart Shares Via ₹2,670 Cr Block Deals

https://inc42.com/buzz/bnp-paribas-societe-generale-millennium-sell-lenskart-shares-via-%e2%82%b92670-cr-block-deals

Ecommerce unicorn DealShare is reportedly in advanced talks to be acquired by online pharmacy Truemeds through a share-swap transaction.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/17/06/cf/1706cfe9ba07b16d01b3608fa07ae045905132a874fa4bc23f99d01723648135.webp

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Truemeds Eyes DealShare Acquisition At $90 Mn, 95% Below Peak Valuation: Report #DH_SHARE_URL# By Inc42 via Dailyhunt

Truemeds Eyes DealShare Acquisition At $90 Mn, 95% Below Peak Valuation: Report

https://inc42.com/buzz/truemeds-eyes-dealshare-acquisition-at-90-mn-95-below-peak-valuation-report

Purple Style Labs, the parent company of luxury-fashion platform Pernia's Pop-Up Shop (PPUS), is heading to the public markets. The The initial public offering (IPO) will launch on August 31, 2026. Ahead of the commencement of the bidding for its public issue, the company has raised nearly ₹306 Cr from anchor investors. 

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/2c/74/1f/2c741f045fd26d0d493b356ae0ced0aed0b70365368835bf0e7b9d3fff31328b.webp

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Purple Style Labs Asks For A Luxury Premium #DH_SHARE_URL# By Inc42 via Dailyhunt

Purple Style Labs Asks For A Luxury Premium

https://inc42.com/features/purple-style-labs-asks-for-a-luxury-premium

Early backers continue to dilute their shareholding in Lenskart. Alpha Wave Ventures has now offloaded 2.94 Cr shares of the omnichannel eyewear giant in multiple block deals for ₹1,856.8 Cr.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/33/e2/af/33e2af08f861334e2ab333469c6a908077e83e63828ed0608d5e272d0710b8ed.webp

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Alpha Wave Ventures Sells ₹1,857 Cr Stake In Lenskart Via Block Deals #DH_SHARE_URL# By Inc42 via Dailyhunt

Alpha Wave Ventures Sells ₹1,857 Cr Stake In Lenskart Via Block Deals

https://inc42.com/buzz/alpha-wave-ventures-sells-%e2%82%b91857-cr-stake-in-lenskart-via-block-deals

Ahead of the commencement of the bidding for its public issue on August 31, Pernia's Pop Up Shop parent Purple Style Labs has raised nearly ₹306 Cr from anchor investors.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/9c/32/6b/9c326bc69b935c28189c82f24ebd0436b352d5157c6957edf95e0ef5291954fb.webp

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IPO-Bound Purple Style Labs Nets ₹306 Cr From Anchor Investors #DH_SHARE_URL# By Inc42 via Dailyhunt

IPO-Bound Purple Style Labs Nets ₹306 Cr From Anchor Investors

https://inc42.com/buzz/ipo-bound-purple-style-labs-nets-%e2%82%b9306-cr-from-anchor-investors

Consumer electronics startup boAt's profit after tax (PAT) increased 38% to ₹84.5 Cr in the financial year ended March 2026 (FY26) from ₹61.1 Cr in the previous fiscal year.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/3f/56/d4/3f56d446579e328b5669e4e4f33917530f4c7f075e7cc4fe74d6821395665895.webp

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boAt's FY26 Profit Rises 38% To ₹85 Cr, Wearables Segment Turns Profitable #DH_SHARE_URL# By Inc42 via Dailyhunt

boAt's FY26 Profit Rises 38% To ₹85 Cr, Wearables Segment Turns Profitable

https://inc42.com/buzz/boats-fy26-profit-rises-38-to-%e2%82%b985-cr-wearables-segment-turns-profitable

Beauty and personal care (BPC) major Honasa Consumer has called off its proposed ₹135 Cr acquisition of a 58% stake in nutraceuticals startup Fluence Pharma after certain closing conditions under the share purchase agreement were not fulfilled.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/9d/b0/5e/9db05e2e393c5f9d7eca1e210cff94b2e8b72858a55bf6cbc160359753059cf4.webp

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Mamaearth Parent Honasa Calls Off ₹135 Cr Fluence Pharma Acquisition #DH_SHARE_URL# By Inc42 via Dailyhunt

Mamaearth Parent Honasa Calls Off ₹135 Cr Fluence Pharma Acquisition

https://inc42.com/buzz/mamaearth-parent-honasa-calls-off-%e2%82%b9135-cr-fluence-pharma-acquisition

Pernia's Pop-Up Shop parent Purple Style Labs has set a price band of ₹546 to ₹575 per equity share for its upcoming ₹680 Cr initial public offering.

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Pernia's Pop-Up Shop Parent Sets IPO Price Band At ₹546-₹575 #DH_SHARE_URL# By Inc42 via Dailyhunt

Pernia's Pop-Up Shop Parent Sets IPO Price Band At ₹546-₹575

https://inc42.com/buzz/pernias-pop-up-shop-parent-sets-ipo-price-band-at-%e2%82%b9546-%e2%82%b9575

Amazon, Flipkart Tighten Seller RulesWith the festive season just around the corner, India's ecommerce giants appear to be shifting some of the operational risk onto sellers.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/99/fe/a7/99fea7a46859b450349cece174391a3d5900e6105b1213b37aadbc8d69385b32.webp

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The Ecommerce Squeeze, Supertails Chases Profits & More #DH_SHARE_URL# By Inc42 via Dailyhunt

The Ecommerce Squeeze, Supertails Chases Profits & More

https://inc42.com/buzz/the-ecommerce-squeeze-supertails-chases-profits-more

Ecommerce

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Edtech

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Startup Stories

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Consumer Internet

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Startup Ecosystem

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Kathmandu [Nepal], September 2 : The death toll from the devastating flash flood in Nepal has reached 1,204, according to an official update released by the National Disaster Risk Reduction and Management Authority (NDRRMA) on Wednesday.

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Nepal flash flood death toll reaches 1,204 #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Nepal flash flood death toll reaches 1,204

https://www.lokmattimes.com/international/nepal-flash-flood-death-toll-reaches-1204

Tehran [Iran], September 2 : Iran's Ministry of Foreign Affairs strongly condemned recent US military strikes across several Iranian provinces, confirming that Iranian armed forces responded by launching "crushing defensive strikes" against American bases across the region.

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Iran condemns US strikes on civilian sites; responds with "crushing defensive strikes" on military bases #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Iran condemns US strikes on civilian sites; responds with "crushing defensive strikes" on military bases

https://www.lokmattimes.com/international/iran-condemns-us-strikes-on-civilian-sites-responds-with-crushing-defensive-strikes-on-military-bases

Birmingham [UK], September 2 : British Kashmiris' protest outside the Pakistani Consulate continued for the 84th consecutive day on September 1.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/37/5d/61/375d61a19b4c0fce48f169ab09745ea3645ce119ab67f7ae1c6510b25d58158d.webp

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British Kashmiris' protest outside Pakistan Consulate enters day 84 #DH_SHARE_URL# By Lokmat Times via Dailyhunt

British Kashmiris' protest outside Pakistan Consulate enters day 84

https://www.lokmattimes.com/international/british-kashmiris-protest-outside-pakistan-consulate-enters-day-84

Warsaw, Sep 2 External Affairs Minister (EAM) S Jaishankar arrived in Poland on Wednesday on an official visit aimed at enhancing bilateral ties.

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EAM Jaishankar arrives in Poland #DH_SHARE_URL# By Lokmat Times via Dailyhunt

EAM Jaishankar arrives in Poland

https://www.lokmattimes.com/international/eam-jaishankar-arrives-in-poland

Koror [Palau], September 2 : Minister of State (MoS) for External Affairs, Pabitra Margherita, held a meeting with Republic of Nauru President David Adeang in Palau on Wednesday, with talks centring on executing bilateral initiatives and expanding the developmental partnership between both nations.

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MoS Margherita, President of Nauru discuss strengthening of development partnership #DH_SHARE_URL# By Lokmat Times via Dailyhunt

MoS Margherita, President of Nauru discuss strengthening of development partnership

https://www.lokmattimes.com/international/mos-margherita-president-of-nauru-discuss-strengthening-of-development-partnership

Beijing [China], September 2 : China has further tightened its control over the legal profession by formally making support for the leadership of the Chinese Communist Party (CCP) a statutory qualification for lawyers, turning a requirement that had previously existed mainly under administrative regulations into national law, as reported by The Epoch Times.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/8f/62/89/8f6289a957b5e733b76ac136e9195348896df79d7642266903030d68eae71912.webp

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China tightens political control over lawyers, embeds CCP loyalty in national law #DH_SHARE_URL# By Lokmat Times via Dailyhunt

China tightens political control over lawyers, embeds CCP loyalty in national law

https://www.lokmattimes.com/international/china-tightens-political-control-over-lawyers-embeds-ccp-loyalty-in-national-law

New Delhi [India], September 2 : Lok Sabha Speaker Om Birla on Wednesday held a bilateral parliamentary dialogue with the Speaker of the National Assembly of Seychelles, Azarel Yolanda Ernesta, and the distinguished Parliamentary Delegation from Seychelles at the Parliament House Complex.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/5d/48/a1/5d48a1846a48fc5cd58579d32fe91eb83493e70a41f7da491253c2b4230bb06b.webp

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India and Seychelles share an enduring bond rooted in centuries-old civilisational ties: Om Birla #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India and Seychelles share an enduring bond rooted in centuries-old civilisational ties: Om Birla

https://www.lokmattimes.com/international/india-and-seychelles-share-an-enduring-bond-rooted-in-centuries-old-civilisational-ties-om-birla

New Delhi [India], September 2 : India and Ethiopia held a meeting on Wednesday to explore avenues for expanding bilateral defence collaboration, with discussions focusing on military training, joint defence manufacturing, and UN Peacekeeping operations.

https://assets-news-bcdn.dailyhunt.in/cmd/resize/#DH_EMB_IMG_REP#__DHQ_/fetchdata20/images/84/e7/6a/84e76a8cf4e672726f38e0c1257e95fe661c7d47a99ed7c3c1281853c09b9e29.webp

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India, Ethiopia discuss ways to strengthen defence cooperation #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India, Ethiopia discuss ways to strengthen defence cooperation

https://www.lokmattimes.com/international/india-ethiopia-discuss-ways-to-strengthen-defence-cooperation-2

Belgrade [Serbia], September 2 : Union Parliamentary Affairs Minister Kiren Rijiju held a series of bilateral meetings with leaders from several nations on the sidelines of the Non-Aligned Movement (NAM) Summit in Belgrade, focusing on bolstering bilateral cooperation and broadening engagement across vital sectors.

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Kiren Rijiju holds series of bilateral talks on sidelines of NAM Summit in Belgrade #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Kiren Rijiju holds series of bilateral talks on sidelines of NAM Summit in Belgrade

https://www.lokmattimes.com/international/kiren-rijiju-holds-series-of-bilateral-talks-on-sidelines-of-nam-summit-in-belgrade-1

Kyiv [Ukraine], September 2 : Ukrainian President Volodymyr Zelenskyy called out global leaders for a "far too little response" to Moscow's escalating aerial attacks, claiming that Russian "Shahed" drones struck a university in Kyiv during daytime classes.

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Zelenskyy condemns global inaction after Russian Shahed drones allegedly strike Kyiv university during classes #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Zelenskyy condemns global inaction after Russian Shahed drones allegedly strike Kyiv university during classes

https://www.lokmattimes.com/international/zelenskyy-condemns-global-inaction-after-russian-shahed-drones-allegedly-strike-kyiv-university-during-classes

Rome [Italy], September 2 : Pakistan has benefited from tariff exemptions under the Europe's GSP+ regime despite violence against Christians and minorities, attack on churches, lynchings and restrictions on freedom of press, according to an analysis published in the Italian daily La Verita, with author Francesco Duodo stating that Brussels will soon have to decide how much the conditions it has imposed actually matter to Islamabad.

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Italian media flags Europe aid to Pak, cites violence against minorities #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Italian media flags Europe aid to Pak, cites violence against minorities

https://www.lokmattimes.com/international/italian-media-flags-europe-aid-to-pak-cites-violence-against-minorities

Kathmandu [Nepal], September 2 : Nepal Prime Minister Balendra Shah told Parliament on Wednesday that the catastrophic Bhotekoshi River flood of August 26, which has left nearly 4,000 people missing, stands as a stark warning of escalating climate risks in the Himalayan region and called on the international community to share responsibility for mitigating its impacts.

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Nepal PM links deadly Bhotekoshi flood to climate change, urges global responsibility #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Nepal PM links deadly Bhotekoshi flood to climate change, urges global responsibility

https://www.lokmattimes.com/international/nepal-pm-links-deadly-bhotekoshi-flood-to-climate-change-urges-global-responsibility

Barcelona [Spain], September 2 : INS Sudarshini, Indian Navy's sail training ship, arrived in Barcelona, Spain on Wednesday as part of her ongoing transoceanic expedition, Lokayan 26.

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Lokayan 2026: Indian naval ship Sudarshini arrives in Barcelona #DH_SHARE_URL# By Lokmat Times via Dailyhunt

Lokayan 2026: Indian naval ship Sudarshini arrives in Barcelona

https://www.lokmattimes.com/international/lokayan-2026-indian-naval-ship-sudarshini-arrives-in-barcelona

South Tarawa [Kiribati], September 2 : India and Kiribati underscored their strong bilateral partnership on Wednesday, holding high-level discussions aimed at expanding cooperation across multiple domains.

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India, Kiribati discuss ways to strengthen bilateral cooperation #DH_SHARE_URL# By Lokmat Times via Dailyhunt

India, Kiribati discuss ways to strengthen bilateral cooperation

https://www.lokmattimes.com/international/india-kiribati-discuss-ways-to-strengthen-bilateral-cooperation-1

A person cannot be ordered to pay maintenance beyond his means even if the amount awarded to his estranged wife is insufficient to meet her basic needs, a Delhi court said on Wednesday, as it stressed that maintenance has to be assessed in context of the paying spouse's actual or presumed income.

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Maintenance to estranged wife 'cannot go beyond husband's means': Delhi court #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Maintenance to estranged wife 'cannot go beyond husband's means': Delhi court

https://www.hindustantimes.com/india-news/maintenance-to-estranged-wife-cannot-go-beyond-husbands-means-delhi-court-101788357366619.html?utm_source=newshunt-ht

The Bachelor of Science in Computer Science and Bachelor of Science in Cyber Security programmes offered at the School of Engineering by the Canadian University Dubai (CUD) have been accredited by the Computing Accreditation Commission of ABET, a nonprofit, ISO 9001-certified quality assurance organisation.

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Canadian University Dubai's two programmes get ABET accreditation #DH_SHARE_URL# By Gulf Today via Dailyhunt

Canadian University Dubai's two programmes get ABET accreditation

https://www.gulftoday.ae/news/2026/09/02/canadian-university-dubais-two-programmes-get-abet-accreditation

Naidunia Correspondent, Rewa | A horrific road accident occurred on Wednesday evening near the Badwar stop on the Rewa-Sidhi route of National Highway 39, in Madhya Pradesh.

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MP Road Accident: Five Dead, 21 Injured After Bus Collides With Truck On Rewa-Sidhi Highway; CM Mohan Yadav Reacts #DH_SHARE_URL# By The Daily Jagran via Dailyhunt

MP Road Accident: Five Dead, 21 Injured After Bus Collides With Truck On Rewa-Sidhi Highway; CM Mohan Yadav Reacts

https://www.thedailyjagran.com/india/mp-road-accident-several-dead-many-injured-after-bus-collides-with-truck-on-rewasidhi-highway-10327620?utm_source=dailyhunt&utm_medium=referral&utm_campaign=jagranenglish

Zerodha is set to enter India's investment banking business after receiving approval from the Securities and Exchange Board of India for a Category-I merchant banking licence.

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https://yourstory.com/2026/09/zerodha-gets-sebi-nod-to-enter-investment-banking-business