Tag: gic
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins end
Top global investors, including SoftBank and KKR, have sold shares worth nearly Rs 18,000 crore in new-age companies, such as Groww and Lenskart, that went…
Razorpay confidentially files IPO papers with Sebi
Fintech major Razorpay has filed its pre-filed draft red herring prospectus with the Securities and Exchange Board of India and the stock exchanges formally kicking…
Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launch
Indian unicorn Skyroot Aerospace has projected sharp revenue growth ahead of its maiden orbital satellite launch expected in the coming weeks, according to a KPMG…
Skyroot Aerospace, KreditBee among latest startups to enter unicorn club
India’s startup ecosystem has expanded rapidly, with nearly 2.3 lakh startups now recognised by the Department for Promotion of Industry and Internal Trade (DPIIT). As…
Global demand will be a major revenue driver: newly minted unicorn Skyroot Aerospace CEO Pawan Chandana
Pawan Kumar Chandana, cofounder and chief executive of Skyroot Aerospace, which on Thursday became India’s first spacetech firm to enter the unicorn club, said global…
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs
New Delhi: The Union cabinet on Saturday approved setting up a Bharat Maritime Insurance Pool (BMIP) with a sovereign guarantee of ₹12,980 crore to ensure…
Database startup Supabase seeks to double valuation to $10 billion: Report
Singapore sovereign wealth fund GIC is in talks to lead an investment in open-source database startup Supabase at a valuation of about $10 billion, The…
Razorpay picks Axis, Kotak, Citi, and JPMorgan to manage its IPO
Digital payments major Razorpay has finalised four investment banks for its upcoming public listing, according to two people in the know. Axis Capital, Kotak Mahindra,…
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…
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…