AssetGro Fintech, the Bengaluru company behind stock market research platform StockGro, has filed confidential IPO papers with SEBI for an issue of ₹2,000–2,500 crore, including a fresh issue of about ₹800 crore.
EverBrands India, which runs Subway restaurants across the country, has filed draft papers with SEBI for an all-fresh ₹600 crore IPO. Revenue rose about 35% to ₹966 crore in FY26, but losses widened as the company expanded.
AceVector, the holding company for Snapdeal, Unicommerce and Stellaro Brands, closed its IPO with bids for about 36.6 crore shares against 7.2 crore on offer. Non-institutional investors led demand, while retail bids came in close behind.
ITC has bought the remaining 52.5% of Sproutlife Foods, the parent of nutrition brand Yoga Bar, for about ₹645 crore. The deal completes a three-year staged buyout of a brand whose turnover more than doubled to ₹452 crore in FY26.
Riyadh-based erad, which offers Shariah-compliant working capital to small businesses with approvals in about 48 hours, has raised a $22 million Series A led by MEVP to expand across the Gulf and into capital-intensive sectors.
Seligman Ventures, launched in February with $500 million, has doubled its deployable capital to $1 billion after making more than 14 investments in AI infrastructure, chips, networking and physical AI in its first months.
Wall Street started the week lower as the FAA indefinitely delayed certification of Boeing's 737 Max 10 over a software issue, sending the stock down nearly 7%, while Treasury yields climbed to multi-decade highs and oil rose on renewed US-Iran tensions.
Krishna Rangasayee's SiMa.ai has raised a $150 million Series C co-led by Fidelity and Amplify, lifting its valuation to $1.45 billion as it builds low-power chips for humanoid robots, drones and vehicles.
Instinct, the text-message-based AI agent that books, buys, pays and calls on users' behalf, has raised a $1 billion Series C from Sequoia, Benchmark and Coatue at a $10 billion valuation, a month after raising at $2.5 billion.
Bengaluru's Tonbo Imaging, which accounts for most of India's thermal imaging exports, has received SEBI's go-ahead for an IPO structured entirely as an offer for sale of about 1.81 crore shares by its founders and investors.