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IPO fundraising to reach Rs 1 trillion mark in 2021 as tech unicorns hit the market

Finance

28 October

IPO fundraising to reach Rs 1 trillion mark in 2021 as tech unicorns hit the market

India’s IPO market is set to witness record fundraising this year, topping the previous high of Rs 67,147 crore seen ......

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Paytm founder Sharma to invest IPO proceeds in insurance biz

Finance

28 October

Paytm founder Sharma to invest IPO proceeds in insurance biz

Paytm founder Vijay Shekhar Sharma, who will be selling Rs 402.65 crore worth of shares in Paytm’s offer for sale ......

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Paytm employees may gain $900 mn from IPO

People

28 October

Paytm employees may gain $900 mn from IPO

Employees of One97 Communications Pvt Ltd, owner of the Paytm app, stand to gain over Rs.6,745 crore ($900 million) at ......

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ASK Group's investment arm to set up first real estate fund in GIFT City

Infrastructure

28 October

ASK Group's investment arm to set up first real estate fund in GIFT City

ASK group’s real estate investment arm will set up the first real estate-focused fund of funds as a Category III ......

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Makeup brand SUGAR aims to raise Series D funds at nearly $500 mn valuation

Consumer

28 October

Makeup brand SUGAR aims to raise Series D funds at nearly $500 mn valuation

Makeup brand SUGAR Cosmetics is in discussions with large private equity funds to raise its Series D round of funding ......

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Fraazo backer Equanimity readies new vehicle as it eyes final bet from debut fund

Finance

28 October

Fraazo backer Equanimity readies new vehicle as it eyes final bet from debut fund

Mumbai-based venture capital firm Equanimity Investments is close to deploying its first fund and has initiated the process to...

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Market-bound PolicyBazaar parent's ESOP pool pegged at over $500 mn

People

27 October

Market-bound PolicyBazaar parent's ESOP pool pegged at over $500 mn

Gurugram-based PB Fintech Ltd, the owner of online platform Policybazaar and Paisabazaar, has created an ESOP (employee stock...

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We were mulling an international listing until this year: PolicyBazaar founders

TMT

27 October

We were mulling an international listing until this year: PolicyBazaar founders

For 13-year-old insurance and credit provider, PB Fintech Ltd., the atmosphere is a mix of anxiety and excitement as it ......

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Fintech firm Fampay eyes Series B fundraise at nearly $350 mn valuation

TMT

27 October

Fintech firm Fampay eyes Series B fundraise at nearly $350 mn valuation

Fampay Solutions Pvt Ltd, which provides a payments service focused on teenagers, is in discussions with several private equity...

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Former Sequoia Capital-backed glassmaker enters bankruptcy

Manufacturing

27 October

Former Sequoia Capital-backed glassmaker enters bankruptcy

Formerly backed by Sequoia Capital, glassmaker Hindusthan National Glass & Industries Limited (HNG) has entered bankruptcy...