Ipo

Pine Labs files draft papers for IPO

Pine Labs files draft papers for IPO

26 Jun 2025, 16:37 PM

The public offer comprises of fresh issue of shares worth Rs 2,600 crore ($304 million) and an offer for sale (OFS) of up to 14.78 crore shares.

PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

23 Jun 2025, 16:45 PM

The IPO is expected to value the Walmart-backed digital payments company at nearly $15 billion.

IPO-bound Pine Labs CFO quits

IPO-bound Pine Labs CFO quits

11 Jun 2025, 20:04 PM

March Mathenz, who operated out of Singapore along with Pine Labs CEO Amrish Rau, is expected to leave the organisation in the coming weeks.

Pine Labs set to file DRHP for IPO by June-end

Pine Labs set to file DRHP for IPO by June-end

11 Jun 2025, 14:02 PM

The Noida-headquartered company has been reportedly planning to float its IPO by the end of this year.

Moneyview converts into public entity ahead of IPO

Moneyview converts into public entity ahead of IPO

04 Jun 2025, 14:41 PM

The digital lender is eyeing an IPO to raise over $400 million and has reportedly appointed Axis Capital, Kotak Mahindra, and others as its banking partners.

Inside BharatPe’s tech overhaul as it preps for 2026 IPO

Inside BharatPe’s tech overhaul as it preps for 2026 IPO

02 Jun 2025, 17:20 PM

Performance pressure is mounting at BharatPe, triggering leadership shakeups and engineering changes ahead of its IPO, sources say.

Stock broker Groww files IPO papers via confidential route

Stock broker Groww files IPO papers via confidential route

26 May 2025, 20:56 PM

Groww has filed the pre-filed DRHP with Sebi and the stock exchanges in relation to the proposed initial public offering.

Pine Labs converts into public entity; appoints three independent directors

Pine Labs converts into public entity; appoints three independent directors

21 May 2025, 14:48 PM

Amrita Gangotra, Smita Chandramani Kumar, and Maninder Singh Juneja have been appointed as independent directors.

Pine Labs promotes CEO Amrish Rau to MD and chairman ahead of IPO

Pine Labs promotes CEO Amrish Rau to MD and chairman ahead of IPO

25 Apr 2025, 17:27 PM

Rau -- who took over as CEO of Pine Labs in March 2020 -- will also continue to serve as the CEO the Peak XV-backed fintech firm.

PhonePe becomes public entity ahead of its $15-billion IPO

PhonePe becomes public entity ahead of its $15-billion IPO

20 Apr 2025, 21:08 PM

The firm's name has now been updated from “PhonePe Private Limited” to “PhonePe Limited”.

Razorpay converts into public entity amidst reverse flipping back to India

Razorpay converts into public entity amidst reverse flipping back to India

20 Apr 2025, 20:55 PM

This development follows the recent approval of the merger between Razorpay Inc. and Razorpay India by the Regional Director in Hyderabad.

Exclusive: Pine Labs gets NCLT nod for reverse merger

Exclusive: Pine Labs gets NCLT nod for reverse merger

10 Apr 2025, 11:10 AM

On April 9, the NCLT sanctioned the scheme of amalgamation between Pine Labs Private Limited (India) and Pine Labs Limited (Singapore).

Digital lender Kissht plans $225 million IPO; appoints investment banks

Digital lender Kissht plans $225 million IPO; appoints investment banks

06 Apr 2025, 17:48 PM

The company has mandated ICICI Securities, UBS Securities India Private Limited and Motilal Oswal Investment Banking as lead managers for the IPO.

Pine Labs eyes IPO in second half of 2025

Pine Labs eyes IPO in second half of 2025

26 Mar 2025, 08:41 AM

If reports are to be believed then Pine Labs is eyeing a $1 billion public listing, which would comprise of issue of fresh equity shares as well as an offer for sale.

Infibeam Avenues restructures UAE unit as it plans ADX listing

Infibeam Avenues restructures UAE unit as it plans ADX listing

12 Mar 2025, 17:21 PM

The restructuring involves transferring the mirror shareholding in Avenues World FZ-LLC to Infibeam Avenues ME SPV Ltd, a newly formed entity in Abu Dhabi.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

Sachin Bansal-led Navi eyes IPO in second half of FY26

Sachin Bansal-led Navi eyes IPO in second half of FY26

21 Feb 2025, 15:14 PM

In September 2022, the company secured Sebi approval for a Rs 3350-crore ($440 million) public offering. However, the plan was shelved then.

PhonePe kicks off IPO preparations

PhonePe kicks off IPO preparations

20 Feb 2025, 23:25 PM

Two years after concluding its reverse flip from Singapore to India, payments major PhonePe said it has started preparations for IPO in India.

OfBusiness transitioning into public entity as it moves closer to IPO

OfBusiness transitioning into public entity as it moves closer to IPO

03 Feb 2025, 15:58 PM

The company's board has approved a resolution to change its name from 'OFB Tech Private Limited' to 'OFB Tech Limited'.

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

22 Jan 2025, 17:47 PM

The company is expected to proceed with an IPO this year, and may seek to raise $750 million or more at a valuation of $7-$8 billion.

Fintech Highlights

  1. Pazy secures pre-seed funding led by Inuka Capital

  2. IndiaBonds bags Rs 32.5 crore in first external funding

  3. NPCI profit jumps 42% to Rs 1,552 crore in FY25

  4. PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

  5. Kamath brothers pick minority stake in InCred Holdings
  6. Read more highlights...

AI/Emerging Tech

  1. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  2. At a Glance: AI Data Labeling companies beyond Scale AI

  3. Darwix AI bags seed funding

  4. Google plans to snap ties with Scale AI after Meta's "significant" investment

  5. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case