The Economic Times
After a sellout IPO, Lenskart makes weak debut on bourses amid valuation concerns
The Lenskart IPO saw broad investor interest with 28.26 times subscription by its final day on November 4. Institutional buyers drove demand, bidding for 2,186.8 million shares, or 40.3 times the 54.2 million…
The people using AI-generated summaries wrote advice that was generic, obvious and largely unhelpful — eat healthy foods, stay hydrated and…
“Most of the current players assume you are already a developer,” Fabian Hedin, Lovable’s cofounder and chief technology officer,…
“The biggest issue we are now having is not a compute glut, but it’s the power and…the ability to get the builds done fast enough close to power,” Microsoft CEO Satya Nadella acknowledged on a recent podcast with OpenAI chief Sam Altman.
“So if you can’t do that, you may actually have a bunch of chips sitting in inventory that I can’t plug in,” Nadella added.
Echoing the 1990s dotcom frenzy to build internet…
Our mission is to let the 99% who cannot code build the same things as developers: Lovable cofounder
“Most of the current players assume you are already a developer,” Fabian Hedin, Lovable’s cofounder and chief technology officer,…
Also in the letter:
■ US increases H-1B scrutiny
■ InCred’s IPO
■ Moody’s downgrades Ola’s rating
Groww IPO spurs funding activity among wealthtech startups

With Groww’s public market listing slated for later this week, risk investors are turning their gaze back to wealthtech. A bunch of funding deals are in the works across the segment.
Deals in the making:
- Chennai-based AssetPlus,…
It is designed to help India’s most promising innovators expand their efforts to go global, with the UAE serving as their launch-pad.
Led by Ahmed Aljneibi, Director of the…
Hiranandani Group’s Nidar Infrastructure Ltd, the parent company of Yotta, had filed final papers for the initial public offering (IPO) last December.
The listing is expected to raise around $463 million, which will be used primarily for expanding Graphics Processing Unit (GPU) infrastructure, according to a…
InCred Holdings files draft prospectus with Sebi through confidential route
The IPO could raise between Rs 4,000 and Rs 5,000 crore, including a pre-IPO placement of around Rs 300 crore. The proposal was approved by the company’s board in June 2025 and by shareholders in October 2025. The offering will include both a fresh issue and an…
