Capillary Tech IPO: As the startup’s IPO gets 52X oversubscribed, we look at its IPO playbook, business model, & strategies

Indian enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development spending ahead of its market debut for which a date has not yet been set, a top executive said.

Shares of Indian edtech firm PhysicsWallah soared as much as 48.6% in their trading debut on Tuesday, notching a $5.2 billion valuation and signaling renewed interest in a sector that has been under financial strain.

AceVector Group has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO)

Indian fintech firm Pine Labs’ $440 million IPO was fully subscribed on the final day of bidding on Tuesday, even as concerns over profitability and valuations kept some investors at bay.

The platform has attracted an eclectic user base. More than half of Fortune 500 companies are using Lovable to “supercharge creativity,” according to Osika, who insisted retention remains strong.

January Ventures co-founder Jennifer Neundorfer discussed this AI-driven funding market on the Equity podcast during TechCrunch Disrupt.

Kaltura acquires AI avatar startup eSelf to integrate generative AI into enterprise video and learning tools.

Scribe Optimize is the startup’s next major offering to help organizations identify where AI will be most useful.

InCred Holdings, the parent of NBFC major InCred Financial Services, has pre-filed its DRHP with SEBI via the confidential route. 

Apollo-backed Grupo Aeromexico raised $222.8 million in its long-awaited U.S. initial public offering on Wednesday, setting the stage for the Mexican airline’s public market comeback nearly four years after it exited bankruptcy.

The immune drugmaker is the second biotech, along with MapLight Therapeutics, to recently use a workaround in U.S. securities law to price an offering during the shutdown. 

Insurance technology firm Exzeo Group raised $168 million in its U.S. initial public offering on Tuesday, pricing its shares within its marketed range and becoming the latest insurance company to proceed with its listing plans.

Logistics major Shadowfax has filed its updated draft red herring prospectus (UDRHP) with SEBI for its IPO of up to INR 2,000 Cr ($225.3 Mn)

Between October 27 and 31, Indian startups cumulatively raised $371 Mn across 30 deals, up 19% from the $312.5 Mn in the preceding week

Snabbit has raised its third funding round in nine months.

Cluely’s Roy Lee has a message for startup founders: you should be thinking harder about how to go viral.

Today on TechCrunch’s Equity podcast, Julie Bort sat down with Tim Chen to explore the rise of solo VCs and who’s rewriting the traditional venture playbook. 

Foodtech giant Swiggy is reportedly considering raising $1 Bn to $1.5 Bn via a qualified institutional placement (QIP) to boost its balance sheet and accelerate quick commerce expansion. 

Geoengineering startup Stardust Solutions says it has raised $60 million to lay the groundwork for tech that could be used to dim the Sun.

Prosus will match Accel’s investment in Indian startups under this partnership.

Lenskart has filed its RHP for an INR 2,150 Cr IPO which will open on October 31 and subsequently close on November 4.

The company said the issue would be undertaken via various routes, including a public offer, rights issue, qualified institutional placement, or private placement

Fal provides developers with over 600 image, video, audio, and 3D models, it says, and boasts that its cloud has thousands of Nvidia H100 and H200 GPUs and is fine-tuned for speedy inference.

This YC HR startup grew its revenue 10x to close a $12M Series A just a year after raising $4M in seed, buoyed by its AI-native capabilities.

1001, the startup founded by an ex-Scale operator, raises a $9 million seed round led by CIV, General Catalyst, and Lux Capital.

AI-driven system promises to turn websites into self-updating digital agents

Captery battery even comes with a special, dedicated charger

Eventbrite co-founder Kevin Hartz is onto his next thing — teenage founders, not as a social experiment but as an unplanned investment thesis.

Meesho’s public offer will comprise a fresh issue of shares worth INR 4,250 Cr ( nearly $483 Mn) and an offer-for-sale (OFS) component of 17.56 Cr shares (17,56,96,602 to be precise)

Kuku plans to expand beyond India with a U.S. launch slated for next year.

PicSee is a new app that detects your friends’ photos on device and allows you to send it to them.

Lachy Groom backs Airbound in $8.65M seed round as it launches pilot in Bengaluru.

The company’s at home multi-cancer breath test kit is expected to be available to consumers in 2026.

Regulatory tailwinds and growing awareness around accessibility helped DevAlly secure €2 million in pre-seed funding.

The Bombay HC reserved its order on a plea, which challenged the upcoming public listing of coworking space provider WeWork India. 

Groww has completed the acquisition of wealthtech platform Fisdom after receiving the Securities Exchange Board of India’s (SEBI) approval

Heidi Health raised a $65 million Series B led by Steven Cohen’s Point72.

a16z dug into fintech Mercury’s database and found startups are paying for tools like Replit, Cursor, Lovable, and Emergent.

Zappfresh is on the verge of being listed publicly, but it came after a nervous wait as the company missed the subscription target in the original window

AI startups and California-based companies have been scooping up an outsized share of venture funding for a while now, and this past week was no exception.

Omnichannel eyewear giant Lenskart has reportedly received market regulator SEBI’s nod to undertake its initial public offering (IPO).

The six-year-old firm’s third fund is nearly the size of it previous fund raised during the fintech boom in early 2022.

Ahead of the commencement of its public issue on October 3, coworking space provider WeWork India raised INR 1,348.3 Cr from anchor investors.

Listed fintech SaaS company Veefin’s board approved a proposal to merge its two subsidiaries with the parent entity to consolidate operations. 

Concept Ventures will use funding raised from Americans to back up to 50 young businesses

The Y Combinator startup raised a Series A led by Peak XV Partners.

Checkout.com is boosting its valuation as part of an employee stock buy-back program, and now says it’s profitable.

Coworking space provider WeWork India has set a price band of INR 615 to INR 648 for its IPO, which is set to open on Friday (October 3)

Proposed LSE float for £320m could lead other companies to follow suit, easing London slowdown