Tag "IPO"

Nykaa shatters many a ceiling

By : Sunil Rajguru

Falguni Nayar is a superstar. Have you heard of Rivian? Meta gains momentum. Microsoft is the king (Ep-48, November 5) Facebook enters the Metaverse (Ep-47, October 29) The dangers of tech monopolies (Ep-46, October 8) Booster shot for telcos; 5G

The Twin Fintech IPO towers: Fino Payments and PolicyBazaar file DRHP with SEBI

By : Laxitha Mundhra

After a successful IPO of Zomato, many small and big investors are gearing up for other internet companies’ startups. Amid the hype of payment decacorn Paytm’s IPO hype, other internet companies are gearing up for public listing. Fino Payments and

MobiKwik IPO: Things You Need To Know About INR 1900 Crores Offering

By : Laxitha Mundhra

Digital payments firm MobiKwik has filed for an IPO of up to Rs 1,900 crore ($255 million) with the markets regulator on Monday. The MobiKwik IPO is the second digital payment platform after Paytm’s filing for a Diwali-IPO. The digital

Zomato IPO to open from July 14 to 16; Price band ₹72-76 per share

By : Laxitha Mundhra

Food delivery giant Zomato on July 8 fixed a price band at Rs 72-76 per equity share for its IPO. Reports have suggested that the Rs 9,375-crore offer will open for subscription on July 14 and close on July 16.

[Funding] A Look into Pine Labs’ $300 Mn Fundraise and $3.5 Bn valuation ahead of IPO

By : Laxitha Mundhra

Payments and merchant commerce startup Pine Labs has raised $315 million. New investors include Fidelity Management, funds managed by BlackRock, Ishana, Tree Line, and Neuberger Berman Investment Advisers. Indian institutional investors IIFL AMC (via its Late-Stage Tech Fund) and Kotak also

Krafton plans a $5 trillion IPO in S. Korea; eyes 50 Million userbase acquisition in India

By : Laxitha Mundhra

Krafton Inc, the South Korean company that owns “PlayerUnknown’s Battlegrounds (PUBG)” and the much-anticipated Battlegrounds Mobile India, has announced that it would raise upto ₩5.6 trillion ($5 billion) in a record IPO. This IPO would beat Samsung Life Insurance’s ₩4.9 trillion

Startups IPO: Eight Brands ready to take the public route in FY 2021-22

By : Laxitha Mundhra

The year 2020-21 has been an ominous one, many people will agree. But it also brought about a certain change in the air of the startup ecosystem. There has been a boom in investments and consumer interest. In fact, the

[Funding] IPO-bound Delhivery closes Series-H funding at $275 mn; valuation crosses $3 Bn

By : Laxitha Mundhra

Supply chain startup Delhivery has announced a fundraiser of $275 million in a primary Series-H round. Fidelity Management and Research Company led the round. Other leading public market funds also participated, the company said on Monday. With the fresh capital,

[Funding] Pine Labs raises $300 Mn at $3 billion valuation ahead of IPO talks

By : Laxitha Mundhra

Merchant Payments Platform Pine Labs has raised $285 million funding from Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management. The round also saw the participation of existing investors Temasek, Lone Pine Capital and Sunley House

4 Key Figures from Zomato’s Rs 8250 crore IPO filing with SEBI

By : Laxitha Mundhra

Zomato has taken one more step in its bid to go for an IPO in 2021. The food tech giant has filed a Draft Red Herring Prospectus with SEBI on April 28, 2021. According to the company, it aims to

Startups that are likely to go for an IPO in 2021

By : Laxitha Mundhra

The year 2020 has been an ominous one, many people will agree. But it also brought about a certain change in the air of the startup ecosystem. There has been a boom in investments and consumer interest. In fact, the

Airbnb IPO kicks off at $146 per share; valuation reaches $100 billion

By : CIOL Bureau

After pricing above its raised range, Airbnb opened at $146 per share. This is up around 115% to kick off its life as a public company. The company is now worth $158 per share. Using its IPO share count inclusive of

Snap sets lower valuation in highly awaited IPO

By : CIOL Writers

Snap Inc, the parent company of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering. Though this is lower than the widely expected $25 billion valuations,

Wass Up Tech: Paying a price, Paying fines

INDIA: Security is changing many things. If announcements made at Cisco Live (yes, the networking giant is