Tag: initial public offering
Uber-backed Lime raises $167 million in US IPO
Lime, backed by Uber, raised $167 million in its US initial public offering, joining a growing list of companies tapping a revived market for new…
NSE’s ₹30,000 crore IPO explained: Why it matters and what investors should know
India’s largest stock exchange, the National Stock Exchange (NSE), has taken a major step towards its long-awaited stock market debut by filing draft papers for…
Biggest public offering in India: NSE to file for IPO at nearly ₹30,000 crore; LIC to stay put
The National Stock Exchange of India Ltd (NSE) on Wednesday night filed its draft red herring prospectus with the market regulator for what could be…
Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale
Peak XV Partners and Nexus Venture Partners are set to clock gross returns of about 7-9 times on shares they sell in insurtech company Turtlemint’s…
Pocket FM begins reverse flip talks; eyes potential India IPO
Audio entertainment startup Pocket FM has started discussions to shift its holding structure back to India as it explores a potential domestic public listing, people…
Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPO
Chinese social media platform Xiaohongshu has tapped banks including Goldman Sachs and CICC to work on a potential Hong Kong initial public offering, two sources…
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business details
Quick commerce platform Zepto has disclosed in its updated draft red herring prospectus that cofounders Aadit Palicha and Kaivalya Vohra received a summons from the…
Acko hires former Junglee Games CPO Apoorv Kalra to lead auto insurance business
New-age insurance company Acko has appointed Apoorv Kalra, former chief product officer of Junglee Games, to head its auto insurance business as part of a…
Oyo parent Prism gets Sebi nod for IPO; plans to raise Rs 6,650 crore: Sources
Hospitality brand Oyo’s parent company Prism has secured clearance from Sebi (Securities and Exchange Board of India) for its IPO, through which it plans to…
Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sources
Business-to-business (B2B) ecommerce platform Udaan is in talks to raise $50-60 million in top-up funding from existing investors M&G Prudential and Lightspeed Venture Partners, people…