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Forget unicorns. To thrive in the subcontinent’s tricky market you are better off with a camel

A total of 3,825 shares changed hands on the counter till 11:47AM (IST)

Peak XV Partners scale-up programme Surge has chosen 13 early-stage startups for its ninth cohort, focusing on deeptech, artificial intelligence, advanced manufacturing, and quantum computing. Surge has shifted its sectoral mix to more advanced technologies from consumer brands and vertical ecommerce.

The Relative Strength Index of the stock stood at 40.74 on Monday.

Peak XV, a prominent venture capital firm, has just unveiled the ninth cohort of its renowned accelerator and incubation program known as Surge.

​An LP (an individual or an entity) is the money behind a VC or private equity fund. In the past 12-18 months, allegations of governance lapses or financial irregularities have surfaced at startups such as BharatPe, Trell, Zilingo, Mojocare, Phablecare and 4B Networks. Prompted by these reported instances of mismanagement and lack of oversight, LPs are driving changes in their relationships with VCs who recommend and manage their investment funds.

The stock quoted a 52-week high price of Rs 4984.1 and a 52-week low of Rs 3310.0.

As of 30-Jun-2023, promoters held 38.05 per cent stake in the company, while FIIs held 31.54 per cent and domestic institutional investors had 10.34 per cent.

The stock quoted a 52-week high price of Rs 4984.1 and a 52-week low of Rs 3310.0.

Google-backed edtech platform Adda247 has laid off around 250-300 employees across verticals, as per reports, on Oct 14.