IPO
TMT
Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of ......
General
Grapevine: Acko General Insurance, Udaan, NLC India, Jio Financial in news
Some investors in Acko General Insurance may monetise their stake through a secondary round, while Udaan is in discussions for ......
Manufacturing
Hyundai India's shares slump in debut trade after record IPO
Hyundai Motor India shares fell as much as 7.6% in their market debut on Tuesday after a tepid response from retail investors ......
General
Grapevine: Haier, Zepto, Torrent Power, WeWork India, 360 One WAM in news
Zepto and Torrent Power are seeking fresh funding, while WeWork India is preparing to launch an initial public offering (IPO), ......
Finance
Creador, True North's exit plans move ahead as portfolio companies get IPO nod
Private equity firms True North and Creador’s separate plans to monetize their investments are moving forward with two of their ......
TMT
Swiggy backer Prosus expects e-commerce profit to jump in 2025, more IPOs in India
Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year ......
General
Grapevine: Temasek, Actis, Shadowfax, Swiggy, Sparsh Group, PayU in news
Singapore state investment firm Temasek and private equity firm Actis are making investments in Indian companies while Swiggy and Sparsh ......
Finance
HDFC Bank unit HDB Financial to raise up to $1.5 bn in IPO
ndia's top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise up to 125 billion ......
Healthcare
Redcliffe Labs CEO Kandoi on IPO timeline, another funding round, and more
Healthtech platform Redcliffe Labs, which recently secured $42 million (Rs 335 crore) in Series C funding, has pushed the timeline for a public ......
Consumer
Gunender Kapur to turn $150-mn-plus man as PE owners line up Vishal Mega Mart for IPO
Gunender Kapur, the managing director and CEO of Vishal Mega Mart, a budget retail chain that was acquired by private ......
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