Update | February 11, 20:08 IST Fractal Analytics’ IPO ended the final day of bidding with an oversubscription of 2.66X. Investors cumulatively placed bids for 4.95 Cr shares against 1.86 Cr shares open for subscription.  Qualified institutional buyers (QIBs) oversubscribed their reserved quota the most, bidding for 4.06 Cr shares against the 97.1 Lakh shares reserved for them. This translated to a 4.18X oversubscription. Besides, non institutional investors (NIIs) and retail investors also completely subscribed their respective quotas. NIIs placed bids for 51.27 Lakh shares against 48.55 Lakh reserved for them, leading to a 1.06X oversubscription. Meanwhile, RIIs placed bids for 33.22 Lakh shares against 32.36 Lakh shares reserved for them. This led to a 1.03X oversubscription of their quota.  However, the portion reserved for employees remained undersubscribed. Fractal’s employees placed bids for only 4.8 Lakh shares, against 7.7 Lakh shares offered to them. These investors only subscribed to their quota by 61%. Original | February 11,  14:39 IST Fractal Analytics’ IPO picked up pace during the third bidding day, with the issue subscribing 1.84X. As of 14:27 IST, investors have cumulatively placed bids for 3.41 Cr shares against a total size of 1.86 Cr shares on offer till now.…  ​Read MoreInc42 Media

Update | 19:10 IST Aye Finance’s public issue ended final day of bidding with an undersubscription, with investors bidding for 97% of the overall float. Investors cumulatively bid for 4.42 Cr shares against 4.55 Cr shares on offer. The issue received the highest interest from qualified institutional buyers, who oversubscribed their quota by 1.5X. QIBs bid for 3.72 Cr shares against 2.48 Cr reserved for them. Retail investors undersubscribed their quota, bidding for 63.56 Lakh shares against 82.78 Lakh reserved for them. This translated to a 77% subscription. The least interest for the issue came from non-institutional investors (NIIs), who subscribed to a mere 5% of their quote. NIIs bid for 6.23 Lakh shares of the issue out of 1.24 Cr reserved for them. Although the IPO closed undersubscribed, the NBFC has met SEBI’s minimum subscription threshold. Under SEBI’s ICDR Regulations, an IPO is required to receive at least 90% subscription of the issue size to be considered successful. Original | 14:15 IST NBFC Aye Finance’s IPO picked up pace on the final day of bidding and was subscribed 51% as of 14:15 IST. It received bids for 2.30 Cr shares against 4.55 Cr shares on offer. Qualified institutional buyers…  ​Read MoreInc42 Media

SteamPRO, India’s first bath-tech company, has raised ₹3.8 crore in seed funding in a round co-led by Anicut Capital, Zeropearl VC, D2C Insider Super Angels and Atrium Ventures, with participation from other strategic angel investors. The capital will be deployed to expand in-house manufacturing capacity, scale national service operations, and develop a pipeline of new hydro wellness products. These initiatives support SteamPRO’s long-term vision of establishing bath-tech as a mainstream consumer category within India’s rapidly evolving home and wellness ecosystem.Across India’s leading metropolitan markets, home wellness spending is growing at over 20 percent year on year, signalling a decisive shift in consumer behaviour as wellness at home moves from aspiration to everyday routine. India’s broader bathroom and sanitaryware market, estimated at over ₹30,000 crore, is expanding steadily on the back of rising disposable incomes, premium housing demand, and design-led renovation cycles, with bath technology and hydro wellness emerging as one of the fastest-growing sub-categories. As urban consumers increasingly prioritise clean living environments, holistic lifestyles, and long-term health, bathroom upgrades have become a top renovation priority in premium households. Yet despite this growing momentum, the bathroom remains one of the least evolved rooms in the modern Indian home, and SteamPRO aims to reimagine…  ​Read MoreStartupTalky- Business News, Insights and Stories

As AI chatbots become more common, many internet users now rely on multiple conversational platforms every day to handle questions and tasks. A common frustration, however, is that when users switch from one chatbot to another, they usually have to restart their conversations from the beginning because previous chat histories do not carry over. Growing Use of AI Chatbots Highlights Frustration Over Lost Conversation History Google is reportedly experimenting with a new feature for its AI assistant, Gemini, that may allow users to bring in conversations from other major chatbots such as ChatGPT, Claude, Microsoft Copilot, and others. A report by TestingCatalog revealed that a new option has appeared inside Gemini’s attachment menu, suggesting that users may soon be able to transfer entire chat threads into the platform. Google reportedly labels this option as “Import AI chats,” and the feature would let users export their conversations from another AI service, upload the file into Gemini, and continue the discussion without losing previous context or shared media. Gemini May Soon Retain Context from Chats Imported from Other AI Platforms This system would allow Gemini to reference earlier discussions that originally took place in another chatbot, preserving both the information exchanged and…  ​Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups

The Reserve Bank of India is planning to introduce a compensation system for customers who fall victim to small digital frauds, offering reimbursement of 85% of the lost amount or up to ₹25,000, whichever is lower. This relief will be available only once in a person’s lifetime and will apply even to individuals who mistakenly shared their one-time passwords. RBI Proposes One-Time Compensation of Up to ₹25,000 for Small Digital Fraud Victims The proposal is part of a wider effort to strengthen consumer protection rules, especially as concerns grow over cybercrime, misleading financial product sales, and forceful loan recovery methods. RBI Governor Sanjay Malhotra explained that the central bank has reassessed its 2017 guidelines that were designed to limit customer liability in cases of unauthorised electronic banking transactions. The review was prompted by the rapid expansion of digital banking and payment technologies over the past several years. He stated, “Accordingly, the draft revised instructions, including a framework for compensation in case of small value fraudulent transactions, shall be issued shortly for public consultation,” indicating that the new rules will soon be open for feedback from the public. Malhotra added that while customers should ideally learn from others’ mistakes, the RBI…  ​Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups