What is DRHP? IPO Filing Process Explained with SEBI Rules (2026 Guide)
How to bring IPO on your public high demand. For a long time now I have been seeing in my readers sir how to bring IPO, how to bring IPO, how to bring IPO. So today I have brought for you a detailed content in which IPO is what it is, how it is brought, what is the process, what is the eligibility, should it be brought, should it not be brought.
Now where to get the money? The first option is to bring your own money, brother, I have brought it and invested it, but there is a limit to how much you have invested. Then second, if you don't have your own money, invest the loan money, then let's take the loan, loan money also came and invested, but how much has been invested, there is a limit, then second, if you don't have your own money, then come on.
If you invest the loan money, then come on, you have taken the loan, you have invested the loan money too, but there is a limit too. And there is a small risk in the loan money, isn't it, brother, as long as the company is running Profit is coming, we are having fun, there is no problem, we will pay the interest also, we will also pay the bills, but tomorrow if brother or the company goes into minus or goes into loss and if the system Even if there is no profit, you will have to pay interest on the loan, you will still have to repay the loan.
It is necessary to repay, that is, the loan money is a risk money, yet this is the third option. Option where the risk is less then the third option comes equity. Those who say that brothers of equity, if you do one thing then it is mine. Take shares in the company and this share can also be done in two ways. The first way is private, in your own home.
Friend brother brother uncle call him or call any high net worth individual a person with money or wherever VC firms come, Avenger Capitalist, PE, Private Equity, these big firms come, where VC firms come, venture capitalist, PE, private equity, these big firms come. Told the firm, brother, do one thing, take 20% share in my company and in return assume the ownership of my company.
You have calculated the valuation, it is Rs 100 crore, take 20% of it, give me Rs 20 crore, now use this Rs 20 crore. Look, what is the benefit, if your company runs ahead, it will be profitable, then in every coming profit, that guy will have to give 20% of the valuation of every company. I have given the lion's share of the deal, so neither you have to give the money back nor you ever have to pay interest on that money, so if you look at it, it is a kind of free money. Yes, we have sold our company in return, so if in future we earn a hundred crores, we will have to give 20 crores also, brother, we will have to give in profit, we will keep giving it in the future.
The question comes, Raul ji, what is IPO? IPO is the same thing that if you sold the equity of your company to some limited people, you sold it to the people. So this is private placement That's okay, I took it from this lady, I took it from that lady, I took it from this lady, I took it from that lady.
But when you say the same share or not I do not give to any private group or private person. I also want to share with the general public. it is called IPO I hope it is clear, now a question comes, Raul ji, why not go to IPO, why not go private? That is why one should not go private, although many people go, all the start-ups are private, less go to IPO, but what is the problem in this, there is such a person who will keep monitoring every single thing in your business, that brother, tell me in every third, which decision are you taking? Well, by asking this, tell me why you are doing this, everything in the business. But he will keep monitoring that brother, tell me every third time, what decision are you taking?
Well, ask this question and tell why he did this, he did that, for accountability, he is the 20% owner. Brother, a person has come on the board who looks at every decision and asks questions on every decision. People say, I don't want such a hassle, so I have to sell those 20% shares, but if instead of these 20% shares being sold to a few two people, if I give them to two hundred thousand people, then I have issued 20% shares in the market. Now, instead of someone buying two shares or four shares, everyone has bought four shares. All are owners, but they are not raising my questions every day. They are not checking everything, that's why I come with an IPO. Let's talk sir, am I eligible to bring IPO? These IPOs are brought by big people. Now we are hearing that you are talking about LIC. Am I eligible to come in this protocol? These are IPOs only big people bring.
Right now we are hearing that Nika brought IPO, Policy Bazaar came and these are very big brands. Don't we bring the wisdom of small people, please see, big people bring big IPO, small people bring small You can bring it, you can definitely bring it, so if I talk, you will have to be listed on any exchange to get iFuel.
India's best exchange NSC, DSC both of these Go to any of these and get listed Sir is there any eligibility criteria for this See different eligibility of different boards There are criteria but if I If I give an example of an NSC then the criteria of NSC What is important is that even if you have to come up with an IPO, you must have a minimum seed up capital of Rs 10 crore.
There should be shares worth Rs 10 crore whose money has come in and shares worth Rs 25 crore which you mean. When the share is listed and after listing its valuation should be above Rs 25 crore. Sir, now many people say that 10 crores will become 25 crores but many people say that 10 and 25 are not even there, now let's go.
Sir don't worry BSE has one main board IPO. Where BSE works in Excel BSE has created a SME Board Where even SMEs can bring IPO There his requirement is that your paid up capital It should be above 3 crores And it cannot go above 25 crores, it means that your seed up capital should be above 3 crores and should not go above 25 crores.
This means that even if your market cap is between Rs 3 crore to Rs 25 crore, you can easily bring in Yes, for this, Sir, Eligibility Criteria said, Sir, if your net worth is Rs 3 crore or more, then you can If you are eligible, then what is your net worth? Total assets minus total liabilities. If it is more than Rs. 3 crores, then what is your net worth? If it is more than Rs. 3 crores, then what is your net worth? Total assets minus total liabilities.
If it is above Rs 3 crore then you are eligible and can launch IPO within three years. In the last three years, in any two years, if there is profit, then how much profit is not being asked, it is two crores. Crore Pajaas Crore Should be in plus in two years out of the last three years If in plus in two years out of the last three years If market cap is Rs three crore You can bring an IPO of minimum Rs 3 crore to Rs 25 crore as per your choice, now many people will have hope.
Yes, this thing is fusible, maybe it is not fusible, but if you work hard today, then in two years or three years Later, we are also ready to bring IPO, we will also raise two to four crore rupees from the market, we will raise it interest free, we will not have to return the money and there is no tension.
And I got a good arrangement with this loan and some capital, now Rousey said, the process should be done quickly. Tell me, if you want to know the process then see the simple steps of the process. Have you decided to make an IPO? If you want to bring it, the first step is that you have to find a merchant banker. Sir, tell me the bank. You have to find a merchant banker. You have to tell them, sir, a bank. What is a merchant banker, sir.
Merchant? Bankers are those who have specialization and they help you in collecting money from the market. They help in bringing IPO. Where to find Merchant Bank Sir, all the big banks are there. We have opened our own separate merchant banking office like IC, IC, Merchant Bank, SBIB, Merchant Bank and then BO. In between, if you do merchant banking of any bank, you can do it through a separate branch or a separate delegate.
They will go and say what they do, first of all they will check your eligibility and they will also say, bring the ballot. Bring the project report, let us see what kind of company it is, let us see that yes, this company seems good to me, the track record of three years is also fine, the balance thing is also fine and let us check that your Tell us about your business model, how you earn money, how many branches you have, how many customers.
What kind of thing is this when the bank is confident that this company is good, it has good business model, good customers, good product, good margin, good business model, good customers, good product, good margin, good future and the promoter has also increased, there is no problem, then they say, okay, we have accepted, now we become your merchant maker, now you leave everything for now, we can do all the further actions, if we can raise money for this, then that is fine. Accepts and now comes to the second step which
It is called Due Diligence and Filing Subscribe in which all your important things are checked. Now what will he do, he will underwrite it and yes, what is underwriting, the meaning of all underwriting. It happens that the bank says such and such, then it will cost them five crore rupees. There is an appo worth five crores coming and I am helping them in bringing their five crore rupees in the market.
Api will go and I hope that in exchange of five crores the world will come and invest five crores in Inkal. If people did not invest money in its app, if only Rs 4 crores are received then I will give the remaining Rs 1 crore as my responsibility. This is called underwriting. Your merchant manger says, your payment of five crores is not my responsibility, if I get three aya, I will put two in my pocket.
If no one comes, I will pocket five rupees, hence merchant manager is very important and because He takes a guarantee, so he checks it in advance and puts it in his hand to take in the beautiful Aspni which has a guarantee that it will come. Otherwise I came to know that people did not come but I had to zip it, so first of all Wonder Writing Ingrement.
If he does so, then you can rest assured that money is coming to your IP because he has written it, now what does he do? If you are filing then you must have heard about DRP and HP for filing. This is called draft. Red Yearning Prospectors or Red Yearning Prospectors is a document which is submitted in SEBI or everywhere else to tell the public, look what is the IPO we are bringing, so before today I have reviewed all the IPOs like I had reviewed LIC IPO, I had reviewed NICA.
I had reviewed the policy bizar and the support of you people and the help of God has meant that till now I have completed five Have reviewed the IPO and 500 predictions were correct. Where do I get the data for the predictions? I come from this RJP, this is the RJP file and it is also open, see the promoter's name in it.
The details are: Who is the promoter, where and when, what is his education, how many shares are there, the complete details of the company are also there, whether the company cover register was registered, what is the work, how does it work, how many branches are there, how many employees are there, how much is the turnover, what is the profit, what is the risk in it, what is the opportunity in it, write down all the things and give it, it is a balance thing, our plan for the next five years is that we are going to do this with this money by taking the money.
You have to tell everything, tell him that wherever the filing is to be done, all the things have to be filed in SEBI, file in SEBI. It will be junior, like in SME IPO, SEBI is not required, so it will be filed in the stock exchange wherever. There is a requirement that a company act will be filed in the Rosi by going there and a copy of that document will be collected everywhere.
The first step comes, pricing is agreed, how much will my share cost sir, that too, the merchant banker will work. You have to be rest assured, check your old balance sheet in merchant and write down the possibilities of future balance. He follows a mechanism to calculate the valuation of the company. He has calculated the valuation of the company. If the valuation of your company was Rs 50 crores, then it was an IPO of Rs 10 crores. Then how much has this IPO been worth? Rs 10 crores.
What is the market cap of rupees? 50 crores 40 crores. Who has it? Friends, we have yours. There was no value of the share, there was no value, now it will be worth Rs 40 crore while sitting. If you son, the share had no value, there was no value, now son, the value of your share has become Rs 40 crore, so this is your first advantage, now it is an IPO of Rs 20 crore, now they said brother, at how much rupees should I bring it, then they also calculate the rupees, they come up with a fix that okay, a fixed price IPO. It comes to mind that brother, look, you have to launch an IPO of Rs 10 crores and if you are issuing so many shares in total, then you fix it at around Rs 200 or what do you sometimes do without fixing it at Rs 200?
He said, we will bring it between Rs 180 and Rs 210. So people apply that ratio fix between 180 to 210 as per their wish. Then IPO can open at Rs 180 but will not open less than that and will not open higher than that. A rate is reached, now it comes to the question that brother, this 10 crore rupees epic is Who will invest money in it, but we think that people like you and me invest, no sir, there are three types of categories.
There is one called QIB Qualified Institutional Banks, what they do is they call such fixed banks which are big Mutual funds like Reliance Mutual Fund, ICI Mutual Fund, SBI Mutual, BI Mutual Fund, these are big funds, who are saying that okay, do one thing out of 10 crores in this IPO, let us take 5 crores, one is QIB, one is Non-Institutional Investor, like a big person, he will directly invest Rs 1 crore, directly Rs 2 crore, he is not an institution, he is a person, but that big man. Yes, don't do small retail at one go, subscribe and third, this is called retail investor or someone like you or me.
Anyone who wants to spend 25-50 lives can spend ten pieces. If it is divided into these three categories, then government. There is a requirement that why this IAB is yours, it is necessary to take a special part in your IPO. That the government says that IPO worth Rs 10 crore will happen tomorrow. What have you done that you invested all the retail investor's money and yesterday the IPO sank, then the retail investor What to do if someone abuses you, then say to those who are big elephants, you also invest some money.
So that the entire burden is on retail and if tomorrow there is some rise and fall, then half of the low and low you also share the same. Now let's see whether you are also okay, everything has been divided, we said in ten crores. Even if you buy Rs 5 crore, the big funders will give you Rs 1.5 crore, the retail ones will take only Rs 3 crore.
Investors are now being promoted, it will be given TV spots, people will be met and meetings will be held. A party will be organized, people will be educated, see how good our company is, please invest money in it, after that the process of listing will open, brother, it is okay from 10th to The window has opened between 12th, you people can apply, these people apply and deposit the money.
So now there may be two or three conditions in this. The first condition was, did you say agree, I had five lakh shares. There were things worth two hundred rupees and ten crore rupees.
Out of five lakhs, the application came only for three and a half lakhs, so the application of one and a half lakhs, tension means he Your merchant merchant had told you that I am ready to take it, sir, it was for 5 lakhs and 5 lakhs has arrived. End the matter, distribute it to everyone, what happens if the application was worth Rs 5 lakh, 15 lakh people adopted it and Brother, it has been subscribed three times more, then according to the quota, it is given to whomever it is as per the quota.
According to the calculation, the amount given to the person who applied is given accordingly, if someone applied three times then he gets it. Given one, these things increase accordingly like it is said that when my IPO is not opened, his IPO is opened, this happens when things and subscribe It happens that if you are not subscribed then the more you pay, the more you will get. After getting subscribed, everyone will get it.
After the allotment, now this share has reached the market on BS thing, on NAC and in the pocket of your investor. You have shares and money in your pocket, now it is your responsibility to make good use of this money for the company. Take it further so that the share that he bought today for Rs 200 will be worth 400, 600, 800 tomorrow. The share that he bought today for two rupees, tomorrow its value will be 400, 400, 800.
This is what they want, they will not share in your profits. They will not share in your revenue. They will have no say in your decision making. But they just want that this money should also be utilized properly today. So that my 200 becomes 800, Yes, if you have profit in between, you can distribute dividend from it.
And whether to share or not is in your hands, Do you think, friend, last time you had earned 2 crore rupees, let's distribute 1 crore rupees to the shareholders or do you think no or I will not distribute 2 crore rupees for further growth in the business, you can do that too, so I hope you have understood what is the process of bringing IPO. If you have any question related to this, ask in the support mail or technical team will reply in meantime.
Want to start an ecommerce business in India?
What is Ecommerce?
Ecommerce is known as internet commerce which products or goods will sell or purchase through online medium in which sellers can sell and buyers can buy their needs. Ecommerce plays a major role in boosting economy valued around $125-$148 billion in 2024, with projections to hit $340-$380 billion by 2030. Due to huge demands of online products or services major companies goes online to scale their business. It helps to generate major revenue and it is opened 24*7 users can anytime book their orders for products or services.
Features of Ecommerce:-
Variety of Products:- in any platform for ecommerce it has many variety of goods with many ranges and they can compares to find best with their needs.
Emi facility:- In shopping platforms they are now providing shopping with emi facilities with their banking and fintech partners. So it increases sales of businesses with flexible rate on interest on emi with autopay features which can deduct from their bank accounts.
Wide ranges:- products has wides ranges based on classification from low to high, colors ranges as white, black, blue, green, yellow, etc with brands selection as many listed brands as nike, puma, adidas.
Wide Categories:- now platsform provides wide ranges of multiple categories as fashions for mens, womens, childs, etc , shoes with various brands with multiple types, electronics and accessories as laptops, spare parts as cpu, ram, hardisk, etc.
Returns:- these platforms provides return features in which users can returns the products if they are not satisfied with quality, size, color, defective as expected you can return easily.
Refunds:- whenever your order products get returned it will get refunded within defined duration in amazon 5-7 days in some case.
How to Start business Online?
When yours platform is growing and stable then you con thought about other business that is the process how enterprise works as Adani Groups, Reliance Groups, Zoho Corp, etc. you have to be success in one domain then you have to go in another domain. Never do multiple businesses in first one is not stable it will lacks in failures as Anil Ambani done due to opening of its multiple businesses in meantime. Every businesses should follow pipelines to grow their business with their teams. Teams is major core part of yours business which helps to scale with their expertise, feedbacks, leading in a way the usp matters. When company grow you should focus on culture that really matters how you treat them. If you understand yours employee problems and customers issue you will definitely build the business.
Best ways to earn money online step by step
How to earn money online?
When an individual or enterprise wants to make money through internet media. It is also known as digital media. Seller in Amazon, Flipkart, affiliate marketing, services based work as remote jobs such as calling, Blogging business using website, etc. Our generation nowadays we having various options to earn money online, your neighbours or friends also worked if you connect with others or you can search on internet but today we will here make you easier by providing right guidance with facts and our experience. We will make easier so you can go through best way to start and grow yours business to make financially stable to fullfilled all dreams of yours and family.
Two types of earning mode:-
Offline Mode:- the way of earning money using offline channel without internet. As physical shop (General store, Sweets and Bakery Shop), etc.
Online Mode:- the way of earning money using online channel using internet. As flipkart.com, amazon.com, blogging website, affiliate marketing, posting videos on youtube.com, selling products online like cosmetics, footwears, apparels, accessories, electronics, etc
How we can start Online Business to earn and grow?
We are guiding you in steps :-
Conclusion:- Prefer website if minimal budget if extreme then you should go for mobile application.
Conclusion:- if you are new to business then you have to invest step by step first website then mobile app. After select marketing type seo or ads based. If getting sales then expand the teams to handles all of the operation.
Note:- If you want to learn and earn we will provide guidance to earn passive income from yours home. Many platforms are now providing to earn money online.
Is boAt Losing Market Value?
In the year 2020, BOAT had become the fifth largest wearable brand in the world. It had beaten all the Indian brands and was in the leagues of Apple, Xiaomi and Samsung. Then, between FY20 and FY23, BOAT's revenue increased from Rs 700 crore to Rs 3400 crore. And that's a 5x growth in just 3 years. BOT's smartwatches and their earphones were everywhere.
And Aman Gupta was one of the most celebrated entrepreneurs in India and his company was getting ready for a blockbuster IPO. But then things started to change. BOT's revenue started to fall. It started losing to other players in the segment.
In fact, things got so bad that both its co-founders Aman and Sameer quit their positions and moved to known executive roles. So what exactly went wrong with BOAT? And what does the future look like for the company? Welcome to our weekly Indian startup news show. I'm Pankaj, your host, and you're watching Backstage with Millionaires. So, let me take you back to where this story really starts, which is not 2014 when BOAT was founded, but in 2020, when Bat really took off.
See, when the pandemic hit, Boat was already an established and growing brand, but COVID helped them accelerate at an unprecedented pace. The screen time for people grew multifold. Also, almost everyone was working from home. And because of that, people needed headphones. In fact, demand for audio products grew 20% in the early months of pandemic alone and Bode, which had spent years building the most recognizable and affordable audio brand in India, benefited from it the most.
But that wasn't the only wave Bode caught in 2020. As people started tracking their health obsessively during the pandemic, smartwatches suddenly became a mass market product. And Bode saw this as an opportunity and launched their own smartwatch line in October 2020.
And this wearable segment of theirs, which did not exist until 2020, went on to bring 900 crore rupees in revenue within the next two years, which was nearly a quarter of everything the company made. And thanks to these two waves and Aman Gupta being on Shark Tank, Bote had crossed 3376 crore in revenue in FY23. But then things started to change. The two waves that Boat was riding suddenly started to disappear.
And let's first talk about their smartwatch business. See, once the hype of smartwatches started to fade after the pandemic, people started evaluating their smartwatches more critically. And what they found was that these entry-level smartwatches, the kind that BOTE made, which were typically priced below Rs 2,500, did not really have the most accurate health tracking.
Basically, the consumer expectations from these products had gone up, but these products failed to keep up with the consumer. And as a result of this, the smartwatch market started shrinking in India. In FI24 alone, it collapsed by 34% and Bote was the most impacted company. Bote's smartwatch segment that brought in 901 crore rupees in revenue in FI24 had gone down to just 330 crore rupees in FI25, a 63% decline in just one year.
But the thing to understand here is that consumers were not necessarily ditching smartwatches entirely, they were just ditching the low-quality ones. And I'm saying that because the market for premium smartwatches had essentially doubled during this time. The kind of smartwatches which are priced over 20,000 rupees. A segment where players like Apple and Samsung exist.
So, smartwatches was the first bad news for Bode. Next came its audio business. The segment that had essentially made BOAT also started declining. And I think this is a more deeper and existential problem for BOAT. See, when BOAT had built their reputation, they had a genuine edge. They were selling affordable products with cool designs.
But that edge is now gone. It worked for BOAT when they were the only player. But today, they have a tough competition from a bunch of new age Indian brands like BOAT Audio and Noise, along with international brands like Realme, Nothing and OnePlus. Basically, this category is being commoditized right now.
And when a category commoditizes, the brand that's perceived as affordable is usually the one that gets hurt most. And the culmination of all this happened when the two people who built Bolt, Sameer Mehta and Aman Gupta, decided to quit and transition to a non- executive role. And now the company has brought in a new CEO. In fact, Boat has changed three CEOs in the last three years. And that's not good for a brand that's already losing its market.
So is this the end for Boat? Or do they have a plan? Well, sort of. According to the DRHP, Boat now wants to focus on the premium segment, products above 5000 rupee range. And the company now wants to focus on building better technology instead products above 5000 rupee range.
And the company now wants to focus on building better technology, instead of just playing on the price. And that is the right direction. The premium audio market is where the growth is. But the problem with this segment is that it is owned by Apple, Sony, Samsung, and JBL. And competing with these brands won't be easy. All of them have spent decades building credibility for premium audio.
And BOAT has never competed at that level. And now repositioning a brand that builds its reputation on affordable and trendy to suddenly play in premium is one of the hardest things to do in consumer electronics. And before I wrap it up, let's quickly talk about their IPO. See, when they were at their peak.
And at that time, they were planning on raising 2000 crore rupees. But the company decided to postpone it because of bad market condition. Then they again filed for an IPO in 2025. This time with the plans of raising 1500 crore rupees. But again, these plans were postponed. And we don't know when the company will finally go public.
Also, there are some concerns with their DRHP as well. Boats own auditors have flagged that Boats quarterly returns filed with the banks did not match the company's internal books. And that too for three consecutive years. And that raises a lot of concerns. See, trying to go public with three years of bank versus book mismatches is not the best story to tell to the public market investors.
And that at a time when your revenue is also falling. So right now, Boat might have a plan, but they don't seem to have the right people to execute that plan let me know what you guys think do you think both will be able to make that transition or will it just suffer the same fate as someone like lava or micromax all right next up urban company has just announced that their quick housekeeping vertical insta health has crossed 1 million monthly bookings in march and that's a big number especially considering the fact that they had launched this business vertical
just one year back. And now the company is calling it their fastest scaling business unit in their history. And since they announced these numbers, their share price has climbed over 10%. Now, if you look at the service, it's pretty straightforward. They have on-demand cleaning, dishwashing, laundry, and meal prep, all fulfilled in 10 to 15 minutes from booking.
And the service right now is only live in cities like Mumbai, Bengaluru, Delhi NCR, Hyderabad, and Pune. But here is where it gets interesting. This space is starting to look a lot like what happened with QuickCommerce a few years back, where you had new players coming up every day. Also, investors putting in millions of dollars to help these companies scale fast, and the media still questioning if this is even a profitable model.
Now, coming to this house help market, Urban Company's Instahelp currently leads this market with 49% market share, while Snabbit is next with 36% market and Pronto is at number 3 with 14% market share. But the thing to note here is that startups like Urban Company are burning money right now to acquire this market. In quarter 3 of FI26, Arvan company registered an EBITDA loss of 61 crore rupees. And same is with Snabbit and Pronto.
So the growth and all is good. But the real question is still the same as it was in the quick commerce. Will anyone be able to make this profitable at scale? Alright, moving on to some quick news updates. B2B manufacturing platform Zetwork has confidentially filed for their IPO papers and they are looking to raise around Rs 4,200 crore or almost $450 million.
The company was founded in 2018 and they basically help connect businesses with contract manufacturers across sectors like electronics, aerospace and industrials. The company posted operating revenue of Rs 12,798 crore in FY25 with a net loss of Rs 371 crores. Talking about IPOs, furniture and electronic appliance rental platform Rentomojo has filed for DRHP with SEBI to raise Rs 150 crore in their IPO.
But one of the co-founders, Ajay Nain, has filed a petition with NCLT claiming that he was misled into selling his 9.41% stake to an employee benefit trust back in 2023. And now, Ajay wants to void that share sale, restore his shareholding, and stop the company from its planned IPO. Alright, next up, Mirza International's MD Tauseef Mirza has acquired a 100% stake in D2C casual footwear startup called Solthreads.
And this company is already clocking a monthly run rate of 6 crore rupees and this deal will help mirza international to expand into india's youth focus semi-premium footwear market all right now let's move into the funding news segment for today's video this week indian startups raised a total of 47 million dollars which is significantly lower than last week's 268 million and now let's take a look at some of the startups that have raised funds this week. The first one I want to talk about is Batchat, which is a simple app that helps you
save small amounts of money every day automatically instead of big monthly investments. Basically, what they do is they take tiny amounts like 50 to 100 rupees via UPI and invest them in mutual funds. So even people with irregular income can build savings easily and they've raised 12 million dollars in their series A round.
Following that, we have Mumbai-based Amaha, which is an online mental health platform where you can talk to therapists, get medical help, and use self-care tools all in one place. And they've raised 50 crore rupees or $5.35 million. After that, we have the D2C nutrition brand Beast Life that sells things like protein powder and supplements. And they've raised 20 crore rupees or $2.
million in their pre-series a round next we have cyber security startup called sign3 which is an ai powered fraud prevention platform and they help banks fintechs and online businesses to spot and stop scammers by analyzing device data and user behavior like typing patterns or mouse movements and they've raised 1.
million dollars and finally we have epic an online e-commerce platform that lets you try gadgets at home before you buy them what they do is they basically send someone to your house with the product so you can test it in real life and decide whether you wanna buy it it's basically an online shopping with a real world trial experience and they've raised one million dollars in their pre-seed All right, that's all the startup news I have for you this week. Thank you so much for watching and I'll see you in the next one.