Category: Startups
Pine Labs IPO Day 3: Weak GMP, tepid subscription demand. Should you apply?
Fintech company Pine Labs is in the final day of its Rs 3,900 crore initial public offering (IPO), but investor enthusiasm appears to be waning….
Wealthtech scouts for pros to go beyond metros
As venture-funded wealthtech firms expand their operations beyond metro cities, targeting new customer segments, the competition to hire relationship managers (RMs) and private bankers is…
Lenskart shares seesaw on debut: Here’s how new-age stocks fared on Day 1
Peyush Bansal’s Lenskart had a rocky start when its shares listed on the exchanges on Monday. The counter opened at a 3% discount on the…
After a sellout IPO, Lenskart makes weak debut on bourses amid valuation concerns
Omnichannel eyewear retailer Lenskart listed on Indian stock exchanges at a slight discount from its issue price of Rs 402 per share on Monday. The…
Groww IPO charges up new deal activities in wealthtech startups
With wealthtech startup Groww, the largest stock broker in India, going public, private market investment sentiments are turning buoyant. A bunch of investment deals are…
Every customer we serve is our IPO: Peyush Bansal on the eve of listing
As Lenskart prepares to ring the stock market bell on November 10, CEO Peyush Bansal, in a personal note posted on LinkedIn, described the moment…
DPIIT inks pacts with over 50 firms to promote mfg, innovation ecosystem for startups
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has so far inked pacts with over 50 firms, including ITC, Flipkart, and…
IPO-bound Boat faces rising attrition on road to listing
IPO-bound consumer electronics maker Boat reported an attrition rate of 34% among its full-time employees for the financial year ended March 31, a rise from…
Singapore, Canada-based startups keen to explore Indian market
Several international startups from Singapore and Canada have expressed interest in expanding into India, citing its massive market potential, rapid economic growth, and supportive startup…
LAT Aerospace moves to new R&D facility, to build airplane components
LAT Aerospace, cofounded by Deepinder Goyal, announced its moved to a 50,000-square-feet research and development (R&D) facility in Gurugram, and begun setting up in-house labs…