Navi raises $100 million funding from Prosus ahead of IPO
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
Explore the latest news, in-depth reports, and executive analysis tagged with #Ipo.
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
In this piece, we write on Hella Infra using Shalimar Paints for a backdoor listing after a year of rating trouble and debt refinancing; and how protests against Google's proposed data centre have opened up a larger conversation around water...
Succession planning is likely to remain an area that investors will watch over long term with Cult.fit IPO expected to be largely an OFS-driven liquidity event.
The IPO preparations come as InsuranceDekho continues to work on its merger with insurance distribution platform RenewBuy.
In this edition, we write on Razorpay’s valuation puzzle; and we explore why private equity firms remain cautious about backing India's AI startups.
The move comes as India's primary market continues to see strong listing activity, with a growing pipeline of startups and new-age companies preparing to go public.
The Pune-headquartered company aims to raise Rs 750 crore through a fresh issue of shares.
The company’s Rs 883 crore public issue, priced between Rs 144 and Rs 152 per share, was subscribed just 1.2 times.
Is Zepto building the future of retail, or simply participating in an increasingly expensive race where no clear winner has yet emerged?
The company allotted 2.61 crore equity shares to anchor investors at Rs 152 apiece, the upper end of its IPO price band.
Shareholders participating in the sale include State Bank of India, Canada Pension Plan Investment Board (CPPIB), MS Strategic (Mauritius) Limited, Aranda Investments (Mauritius) Pte Ltd and Bank of Baroda, among others.
The company has fixed the price band at Rs 144-152 per share for the issue.
The Bengaluru-based payments firm is planning to raise around $600-700 million through its proposed public offering at a valuation of $5-6 billion.
New-age startup IPO class faces a reality check. Stocks have stumbled, yet early investors are cashing out.
The company has appointed Apoorv Kalra, formerly with Junglee Games, to lead its automobile insurance business, while ex-Meta executive Kunal Kapur will head the health insurance vertical.
The filing comes days after Anthropic raised $65 billion at a valuation of $965 billion, making it the world's most valuable AI startup ahead of OpenAI.
The public offering comes amid a broader wave of new-age listings, where public markets have increasingly doubled up as liquidity events for early investors.
Concerns around Shiprocket profitability, the still-evolving nature of its emerging business, heavy dependence on vendors continue to weigh as it prepares for IPO.
August 29th Edition: We track Groww’s hush-hush IPO filing and why unicorns are choosing silence over spotlight; and how OpenAI’s India office could ignite a PE gold rush in AI.
The company aims to raise around Rs 1,200 crore via the IPO, which will comprise of primary and secondary components.