Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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IndiQube raises Rs 374 Cr from anchor investors
Start-Up & DPIITStock Market
IndiQube, a managed workspace provider, has successfully raised "₹374 crore (approximately $44 million) from anchor investors" ahead of its "₹700 crore IPO." The anchor book saw participation from marquee institutional investors including mutual funds, FIIs, and insurance companies, with domestic mutual funds cornering 67.35% of the allocation. This strong interest from anchor investors signals confidence in IndiQube's business model and its growth prospects in the co-working space market.
