ACCEL Ltd.

Global VC firm Accel, Trudy Holdings, and AVP I Fund divested nearly 5% stake in SaaS company Amagi Media Labs for Rs 587 crore via open market transactions.

Global investment firm KKR signs agreement to acquire a minority stake in Indian ticketing and live entertainment platform BookMyShow to support its growth.

Accel India IV (Mauritius) offloaded a 1.3% stake (2 crore shares) in home services platform Urban Company via an open market transaction.

Sarla Aviation secures DGCA Design Organisation Approval (DOA) for its electric air taxi (eVTOL) development. This milestone enables commercial production and boosts indigenous aerospace in India.

Zetwerk Manufacturing, Marri Retail, Tonbo Imaging, and Gujarat Victory Forgings receive Sebi''s nod to float IPOs. Get details on their fundraising plans.

ICICI Bank increases its stake in ICICI Life by 2% from Prudential plc for ₹1,470 crore, raising its total holding to 52.8% due to regulatory compliance.

Heads of BRICS IP offices reviewed patent examination cooperation progress and adopted updated operational guidelines to boost cross-border innovation.

Uber is reducing its global workforce by 10%, cutting 3,400 jobs as part of an organizational overhaul to simplify structures and boost efficiency.

Union Minister Nitin Gadkari stresses the urgent need for mandatory training for heavy vehicle and construction equipment drivers to improve road safety and reduce accidents.

Commerce Ministry hosts a national workshop on Sept 3 to educate states & exporters on market opportunities from India's Free Trade Agreements, aiming to boost exports.

ICICI Bank increases its stake in ICICI Life by 2% from Prudential plc for ₹1,470 crore, raising its total holding to 52.8% due to regulatory compliance.

Heads of BRICS IP offices reviewed patent examination cooperation progress and adopted updated operational guidelines to boost cross-border innovation.

Uber is reducing its global workforce by 10%, cutting 3,400 jobs as part of an organizational overhaul to simplify structures and boost efficiency.

Union Minister Nitin Gadkari stresses the urgent need for mandatory training for heavy vehicle and construction equipment drivers to improve road safety and reduce accidents.

Union Minister Jitin Prasada highlights India's commitment to innovation for inclusive growth at the G20 Ministerial, discussing policy and tech partnerships.