API Holdings has withdrawn the DRHP for its Rs 6,250 crore IPO originally filed in November 2021, citing weak market conditions. The Mumbai-based online pharmacy is now exploring a rights issue backed by existing investors Prosus, TPG and Temasek to shore up capital.

Moneycontrol · 5/26/2026, 9:46:28 PM

API Holdings has pulled its 2021-filed Rs 6,250 crore IPO papers from SEBI and is weighing a rights issue to existing backers including Prosus, TPG and Temasek. The retreat reflects cooling appetite for new-age listings and follows the Rs 4,546 crore Thyrocare buy that stretched the balance sheet.

Moneycontrol · News Web · 5/26/2026, 9:46:12 PM

The Gurugram-based dairy and daily essentials D2C brand has raised Rs 65 crore in NCDs from Alteria Capital, months after a Rs 212.5 crore Series E. The capital lands as Country Delight pilots 10-15 minute quick commerce in Gurugram, squaring off against Zepto, Blinkit, and Instamart.

Entrackr · Newsletter · 5/19/2026, 6:18:39 AM

Ola Electric will route ₹1,500 cr to OET for scooter and Gen-3 platform expansion, and ₹500 cr to OCT for in-house battery cell production tied to its ₹5,114 cr Tamil Nadu Gigafactory. Move backstops FY25 revenues of ₹4,717 cr at OET and ₹73 cr at the nascent cell arm.

The Hindu BusinessLine · 5/15/2026, 1:39:50 PM

Consortium including Temasek, Alpha Wave Global and IHC in talks to inject $1.3bn into Adani Airport Holdings, funding city-side retail across 8 airports handling 23% of India's passenger traffic. Rs 17,000 cr earmarked for airports capex; FY26 revenue up 34.4%, PAT Rs 1,731 cr. Pending US DOJ clearance.

Outlook Business · 5/15/2026, 7:31:58 AM