Tag: initial public offering
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…
Kissht raises Rs 278 crore from anchor investors ahead of Rs 926 crore IPO
Digital lending platform Kissht has raised about Rs 278 crore from anchor investors ahead of its IPO (initial public offering starting) on April 30, the…
Cars24 cofounder Mehul Agrawal steps down from operating role
Mehul Agrawal, cofounder of Cars24, is stepping back from his operating role at the company after more than a decade building the business. Announcing the…
Razorpay plans confidential IPO filing soon; targets $600-700 million raise at $5-6 billion valuation
Fintech unicorn Razorpay is preparing to confidentially file for an initial public offering (IPO) within the next few weeks, according to multiple people familiar with…
Kreditbee secures $280 million funding, joins unicorn club with $1.5 billion valuation
Kreditbee has closed a $280 million funding round which has catapulted the Bengaluru-based digital lending startup into the unicorn club with a post-money valuation of…
Online travel platform Travomint files confidential IPO papers with Sebi
SNVA Traveltech Ltd, which operates online travel platform Travomint, has filed preliminary papers with markets regulator Sebi through the confidential route for an Initial Public…
AI startup Yotta seeks $4 billion valuation ahead of planned IPO
Yotta Data Services Pvt., the data center operator that runs India’s largest cluster of Nvidia Corp. AI processors, is seeking to raise fresh capital at…