Lohum aims to raise $100 million in its series C round and another $100 million in pre-IPO placement, Verma said, adding that the formal fund-raising process will begin in the next couple of months.
IRCTC shares surge 3% after Q4 profit jumps 26% YoY to Rs 358 crore
IRCTC’s shares experienced a 3% surge following the announcement of a 26% YoY increase in consolidated net profit for Q4FY25, reaching Rs 358 crore. Revenue