SoftBank Cut OYO’s Internal Valuation To $2.7 Bn
SoftBank has cut the Indian hotel chain valuation to $2.7 billion from $10 billion. The reported valuation cut occurs when the startup is months away from an initial public offering (IPO). The reports suggest that SoftBank is the largest investor in OYO ━ at 45 per cent, nearly half of it━ , which is a…
Yash Sharma
Navi Technologies Gets Approval From SEBI For IPO
Sachin Bansal’s Navi technologies get the nod from the Security and Exchange Board Of India (SEBI) for an Initial Public Offering (IPO), providing the Flipkart co-founder with a boost as he works to create a financial services conglomerate. Navi Technologies is a fintech company that submitted the draft papers to SEBI in March this year…
Tata Technologies Likely To Launch Its IPO Soon
After a long period of 18 years, the IPO of Tata Group is to come out once again. Another subsidiary of this esteemed group is likely to get listed. This time, Tata technologies, a global product engineering and digital services subsidiary of Tata Motors, is going to launch its IPO. The bank has deployed bankers…
abhinav singh
LIC IPO| Government Revises Price Band And More
LIC IPO ━ the wait is over as the highest Initial Public Offering is expected to open on May 2. The central government has set the price band for the initial offering of Life Corporation of India at Rs. 902-949 and may offer a discount of Rs 60 to policyholders. On the other hand, retail…
Sumit
Sachin Bansal’s Navi Technologies Files $400 Million IPO
Sachin Bansal’s Navi Technologies, a fintech startup, has filed for a $400 million IPO, Initial Public Offering. Billionaire Bansal, who also co-founded Flipkart over a decade ago, is the 40-year-old entrepreneur who made his name and money by kick-starting the eCommerce wave in the country, has once again made a bold choice. Founded in 2018,…
Vipin
LIC: SEBI Gives Nod to Launch India’s Highest IPO Ever
The market regulator has approved the much-awaited IPO of 2022. According to the sources, SEBI has issued an observation letter. LIC had filed it’s Draft Red Herring Prospectus (DRHP) with SEBI in February. As per DRHP, the issue would be an offer to sell 31,62,49,885 (31.62 crores) equity shares by the government, which holds a…
LIC IPO: Key Things To Know About The Highest IPO In India
LIC, Life Corporation of India, the country’s largest and most reliable issuance company, is to shake the stock market with the highest IPO, Initial Public Offering, to raise up to 65,000 crores, making it the biggest listed financial service provider after HDFC bank. The government plans to sell 5% of its stake in the IPO,…
John David
Swiggy Crossed $10.7 Billion Valuation After Raising $700 Million in Invesco
Food delivery giant, Swiggy, has raised $700 million in Invesco and crossed a $10.7 bn valuation, according to the sources. Swiggy’s latest valuation is almost double to Zomato before the latter went for its initial public offering. Zomato was valued at $5.4 billion before its IPO. With this new funding, Swiggy also came closer to…
Leading Female Entrepreneurs in India
Female entrepreneurs in India have been making their identity across all domains and industries. Women have shown their remarkable journey from owning e-Commerce brands, herbal cosmetics to India’s largest biopharmaceutical company. From a few completely new faces like Falguni Nayar, Shehnaz Hussain, Ghazal Alagh to some Bollywood actresses who have turned into entrepreneurs such as…
IPO Buzz: 4 IPOs And Factors To Hit The Market This Week
The domestic share market completed a tumultuous week with small gains, but market players were kept on their toes. Despite the positive GDP figures, the new Covid-19 variant ruined the equity numbers. This week during December 6th and 14th, four companies—RateGain Travel Technologies, Shriram Properties, CE Info Systems (MapmyIndia), and Metro Brands, which is supported…