Tag: gic

Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrow
Posted in Startups

Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrow

Fintech startup Cred reported consolidated operating revenues of Rs 2,735 crore in FY25, a 16% increase over the previous year, as higher product adoption helped…

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Posted in Economy

Govt approves wage, pension revision for PSU insurers, RBI and Nabard employees

New Delhi: The government has approved wage revision for employees of public sector general insurance companies (PSGICs) and the National Bank for Agriculture & Rural…

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Atlan CEO Prukalpa Sankar warns founders against frothy VC markets amid AI hype
Posted in Startups

Atlan CEO Prukalpa Sankar warns founders against frothy VC markets amid AI hype

Atlan cofounder and CEO Prukalpa Sankar cautioned startup founders to be careful of the frothy venture capital (VC) markets fuelling the AI hype, and urged…

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Meesho raises Rs 2,439 crore from anchor investors ahead of IPO
Posted in Startups

Meesho raises Rs 2,439 crore from anchor investors ahead of IPO

Ecommerce marketplace Meesho has raised Rs 2,439 crore in a pre-IPO anchor allotment, according to a regulatory filing with the company. Of this, Rs 1,040…

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Prukalpa Sankar, CEO Atlan wins ET Startup 2025 Woman Ahead Award - The Economic Times Video
Posted in Startups

Prukalpa Sankar, CEO Atlan wins ET Startup 2025 Woman Ahead Award – The Economic Times Video

Prukalpa Sankar, co-founder and CEO of Atlan, represents a new generation of global SaaS leaders from India. Atlan, her second venture after SocialCops, has become…

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Esop windfall: Groww IPO to unlock employee wealth worth Rs 2,500 crore
Posted in Startups

Esop windfall: Groww IPO to unlock employee wealth worth Rs 2,500 crore

The upcoming initial public offering (IPO) of online investment platform Groww is set to unlock employee wealth to the tune of Rs 2,400-2,500 crore, according…

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Posted in Startups

Groww founders boost stakes ahead of November IPO

The founders of stockbroking and wealthtech platform Groww have steadily increased their personal shareholding in the company over the past 18 months as it prepares…

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Posted in Startups

gic: Groww set to file revised draft IPO papers next week

Online investment platform Groww is likely to file its updated draft prospectus with the Securities and Exchange Board of India (Sebi) by next week, said…

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Urban Company IPO closes with 104x subscription
Posted in Startups

Urban Company IPO closes with 104x subscription

The initial public offering (IPO) of at-home services platform Urban Company closed on a strong note Friday, with bids coming in at 103.6 times the…

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accel: Urban Company raises Rs 854 crore from anchor investors ahead of IPO
Posted in Startups

accel: Urban Company raises Rs 854 crore from anchor investors ahead of IPO

At-home services platform Urban Company has raised Rs 854 crore from anchor investors including Singapore’s sovereign wealth fund GIC, Fidelity, Norges Bank and others. The…

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