IPO filings, grey market premium, subscription status, and post-listing performance analysis.
Daily Indian startup funding roundup for March 30, 2026: Indifi raises ₹40 crore debt from BlackSoil, Skillsvest secures ₹5.5 crore pre-seed funding, and Zetwerk files for a $450 million IPO, alongside key startup news and business updates from India’s startup ecosystem.
Using the secret route, B2B manufacturing firm Zetwerk allegedly filed DRHP for its $450 Mn (approximately INR 4,200 Cr) IPO. In a pre-IPO investment round, the business aims to raise $50-60 millions. In the past, Zetwerk's public listing was guided by Mahindra Capital, Avendus Capital, JM Financial,
Rentomojo has filed its DRHP with the Securities and Exchange Board of India for a ₹150 crore IPO, which includes a fresh issue and an Offer for Sale (OFS) of up to 2.84 crore equity shares, as the company prepares for its public market debut.
Akriti Chopra’s journey from a Chartered Accountant to Zomato’s co-founder is truly inspiring. Discover her career growth, IPO role, achievements, and leadership story.
From health and wellness to enterprise SaaS and sustainable materials, Indian startups attracted fresh capital across diverse sectors today. The day was led by Fullife Healthcare’s ₹300 crore Series D round and Rocketlane’s $60 million raise, while key developments like OpenAI’s APAC leadership hire and Cashify’s
Ola Electric Mobility Ltd is shifting funds that were supposed to go into innovation into paying off debt. Consequently, the electric-vehicle producer is under increasing pressure due to weakening sales and stalled financing efforts. The plan for using the INR 5,500 crore that the Bengaluru-based company raised in its
Alakh Pandey has entered the global billionaire list in 2026, with an estimated net worth of $1 billion, according to Forbes. The milestone follows a series of clear financial developments, including a strong IPO debut and steady revenue growth at Physics Wallah. His wealth is largely tied to his equity
India’s startup ecosystem saw activity across deeptech, consumer brands, and AI-driven platforms on 17 March 2026. Velmenni raised ₹30 crore to scale its light-based wireless communication technology, while Grapevine secured $4.1 million to expand its AI-led talent platform. On the business front, Venture Catalysts exited Pee Safe, RBI
The telecom subsidiary of Reliance Industries, Jio Platforms, is scheduled to submit the initial public offering (IPO) paperwork to the capital markets regulator in two or three weeks after finalising its draft red herring prospectus (DRHP). Jio will sell 2.5% of its shares in the initial public offering (IPO)
As a precautionary measure, PhonePe has put its initial public offering (IPO) preparations on hold due to the ongoing conflict in Iran and certain regions of West Asia, as well as unstable global equities markets. The financial technology firm announced in a statement that it will resume its initial public
India’s startup ecosystem saw strong investment activity on 16 March 2026, particularly in climate‑focused fintech, AI, health and enterprise tech sectors. Ecofy raised $42 million (₹380 crore) to scale sustainable financing solutions, while other startups, including BetterHood, Agnit Semiconductors, OfficeBanao and GrapeVine, also secured fresh capital. On the
XED Executive Development has launched India’s first IPO from GIFT City’s IFSC, opening for subscription from March 16 to March 24, 2026. The $12 million dollar-denominated issue is priced at $10–$10.5 per share and is open to NRIs and global investors. Shares will list on NSE IX and India INX.
The National Stock Exchange of India has taken a major step towards its long-awaited public listing by appointing 20 merchant bankers and eight legal firms to manage its upcoming IPO. The exchange is moving ahead with listing preparations, with the public issue expected to launch in 2026.
India’s startup ecosystem saw activity in the retail infrastructure space on 13 March 2026, with OneKiraana raising $1.6 million in seed funding led by Ankur Capital to empower kirana stores with private label capabilities. Meanwhile, key business developments included NSE appointing bankers and law firms for its long-awaited
With the acquisition of automotive utility company Vehicle Info, used-car marketplace Cars24 is aiming to establish a full-stack platform for vehicle ownership, going beyond just vehicle transactions. Chirag Pipaliya launched the bootstrapped firm Vehicle Info in 2017. The firm provides a centralised location for important vehicle details like registration information,
India’s startup ecosystem witnessed strong investment activity across enterprise tech, agritech, climate tech, fintech, and healthtech on 10 March 2026. Major funding deals included Mozark’s $40 million Series B round, Captain Fresh raising ₹290 crore from Blue Earth Capital, and new capital flowing into food brands, climate solutions,
The digital retail giant Flipkart, which is owned by Walmart, has finally finished transferring its holding company domicile from Singapore to India. In preparation for a possible domestic public offering, it is a critical structural step for the company. A representative from Flipkart said that the company's internal
India’s startup ecosystem saw activity across enterprise tech and fintech on 9 March 2026, with funding flowing into digital transformation and lending platforms. Meanwhile, major business developments included Flipkart completing its reverse flip to India ahead of its IPO, Uber entering the intercity bus ticketing market, and leadership changes
This International Women’s Day, we feature Meghna Agarwal, co-founder of IndiQube, who has made her mark in India’s male-dominated real estate sector. Since starting IndiQube in 2015, Meghna has focused on building workspaces that combine design, technology, and employee experience. From founding the company to taking it through
India’s startup ecosystem saw significant activity in healthtech, D2C, and rural omnichannel retail today. Rozana raised a ₹290 crore Series B to scale rural operations, while health startup Cent, founded by former Practo, Ola Electric, and Lenskart executives, secured early-stage funding. Key business developments included Karnataka’s proposed social
India’s most anticipated stock market debut, the initial public offering (IPO) of Reliance Jio, may be delayed as the Indian government has yet to notify revised listing rules meant for very large companies. The public issue, backed by billionaire industrialist Mukesh Ambani, was widely expected to launch in the
India’s startup ecosystem saw activity across AI automation, healthtech, and consumer beverages, while major developments emerged in fintech IPO plans and strategic acquisitions in the beauty sector. From early-stage funding rounds to large-scale public market ambitions, here are the key funding deals and business developments that shaped 5 March
Depending on the outcome of the present volatile geopolitical climate, fintech giant PhonePe plans to launch its initial public offering (IPO) by next month. The public listing, which just includes an offer-for-sale component, is expected to garner between $900 million and $1.5 billion for the Bengaluru-based business. After receiving
Indian microfinance firm Svatantra Microfin, led by entrepreneur Ananya Birla, has started early preparations for a potential initial public offering (IPO). The company has reportedly invited pitches from investment banks as it explores raising more than INR 3,000 crore through a public listing. While the IPO plan is still
India’s fintech ecosystem is gearing up for another major public listing. Bengaluru-based fintech unicorn Moneyview has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company plans to raise INR 1,500 crore through
Aman Gupta, co-founder of consumer electronics brand boAt, has announced the launch of a new venture called OffBeat Studios, marking his first entrepreneurial move after stepping away from day-to-day operations at the IPO-bound company. The announcement signals a fresh chapter for one of India’s most recognisable startup founders as
OpenAI, on 27 February, revealed that it has raised an $110 billion funding round. The recent funding round has put the ChatGPT creator's valuation at $840 billion. This development indicates a rapid increase in investment in AI. Just before the AI startup is set to have its mega-IPO
India’s startup ecosystem witnessed a new capital influx in fintech, SaaS and AI spending solutions, underscoring investor confidence in tech‑driven B2B models. At the same time, key business developments spanned gaming ownership shifts, major global VC commitments to India, and an edtech IPO filing, reflecting evolving market dynamics
Indian edtech startup Klassroom has taken a major step towards going public by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO on the Bombay Stock Exchange (BSE) SME platform. This move follows strong growth and improved profits, suggesting the
In its transition out of Hindustan Unilever, ice cream seller Kwality Wall's (India) intends to become a "snacking" company that sells its products all year round. According to Chitrank Goel, executive director of Kwality Wall’s (India) Ltd, the company is spearheading the transition of ice
Fractal Analytics, one of India’s best-known artificial intelligence and advanced analytics companies, made a muted stock market debut on 16 February 2026, with its shares listing below the IPO price on the major exchanges. On the National Stock Exchange (NSE), shares opened at ₹876, reflecting a 2.67% discount
Kwality Wall’s India Limited made its stock market debut on 16 February 2026, listing on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), but the ice cream major began trading at a sharp discount compared to its reference price. On the NSE, the stock opened
February 11, 2026, witnessed significant activity in the Indian startup ecosystem, with several companies securing fresh capital and key business developments unfolding. Fintech, AgriTech, homeware, and medical robotics sectors saw notable funding rounds, highlighting investor confidence in diverse innovative ventures. Among the major highlights, fintech startup Olyv successfully raised $23
Startup GoBoult, which specialises in smart wearables, intends to submit a DRHP to SEBI (the Securities and Exchange Board of India) in the months of October or November 2026. In the summer of 2027, according to cofounder Varun Gupta, the company plans to go public. The IPO process, he claimed,
The Fractal Analytics IPO is live now, and investors are watching closely. The issue opened for public subscription on 9 February and will close on 11 February 2026. Early interest has been muted, with the overall subscription still under 20% mid‑way through Day 2. But behind the IPO buzz
India’s startup ecosystem saw significant activity on 9 February 2026, with notable funding rounds in healthcare, biotech, and wellness. Pandorum Technologies raised $18 million in Series B to expand its tissue regenerative therapies globally, while Elevate Now secured ₹18 crore to build India’s first clinical weight loss platform.
The leadership shift that was announced last month has been finalised with the official confirmation of co-founder Deepinder Goyal's resignation as managing director, chief executive officer, and director by Eternal Ltd (formerly Zomato Ltd). On February 6, the company complied with SEBI's listing criteria and notified
The Fractal Analytics IPO has officially opened for public subscription in India, drawing attention from investors as one of the largest technology initial public offerings of 2026 so far. The three-day subscription window began on 9 February 2026 and will close on 11 February 2026. This IPO represents a significant
India’s startup ecosystem saw strong activity today, with funding flowing into climate tech, robotics, nutrition, AI, and sports-tech startups. Varaha closed a major Series B round, while The Whole Truth raised fresh capital in its Series D. Investments in real estate tokenisation, agentic AI, alternative dairy, and sports infrastructure
Today, India’s startup scene is active, with several tech startups raising funds in AI, market intelligence, and enterprise SaaS. Key business updates included acquisitions, IPO filings, VC exits, and fintech profit growth, highlighting ongoing momentum and change across industries. Daily Indian Funding Roundup - 3rd February 2026 CompanyAmountRoundLead investor(
In preparation for its initial public offering (IPO) in India, roll-up commerce business BRND.ME plans to move its headquarters from Singapore to India by March. It will be done once the firm completes a critical regulatory challenge. Swaggy, Instamart, and Zepto are private label powerhouses, but CEO Ananth Narayanan
Elon Musk’s SpaceX is in advanced merger talks with his artificial intelligence firm xAI, as preparations begin for a potential blockbuster initial public offering (IPO) in 2026. The discussions, first reported by Reuters and confirmed by multiple global media outlets, signal a major shift in Musk’s business strategy,
For its initial public offering (IPO), insurtech startup Turtlemint has submitted an updated draft red herring prospectus (UDRHP) to the Securities Exchange Board of India (SEBI). A new issue of equity shares up to INR 660.7 Cr and an offer-for-sale (OFS) component of up to 2.86 Cr shares
Shares of Shadowfax Technologies made a subdued start to life on the Indian stock market on 28 January 2026, listing at a significant discount compared with the issue price set during its IPO. The Bengaluru-based logistics company’s share debut fell short of expectations, reflecting muted investor sentiment on the
In an effort to expand its core businesses and improve governance, the Flipkart Group appointed two senior executives. Among the new appointments are Jason Chappel to the position of VP and group controller and Amer Hussain to the position of VP of supply chain for groceries and Flipkart Minutes. Flipkart&
StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this edition of Recap’25, StartupTalky speaks with Sadhika Agarwal, Leading investments at the Equirus InnovateX Fund,
According to many media reports, market regulator Securities and Exchange Board of India (SEBI) approved UPI payments market leader PhonePe's initial public offering (IPO) on January 20. PhonePe hopes to generate about INR 12,000 crore (or $1.35 billion) through a pure OFS or offer for sale.
India’s startup and business ecosystem continues to witness a mix of funding momentum and major corporate developments. In today’s roundup, social networking platform Culture raised INR 2 crore in a seed round led by Acuvest Infra, while premium sneaker brand Gully Labs secured INR 30 crore in Series
Reliance Industries Limited (RIL), the parent company of Jio, has stated that once regulatory checks and balances are in place, the public offering is anticipated to take place in the upcoming months. Anshuman Thakur, SVP of Strategy & Planning at RIL, stated on the firm's Q3 earnings call
StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this edition of Recap’25, StartupTalky speaks with Kunal Arya, Co-founder and MD of Zelio E-Mobility, who
India’s startup ecosystem continues to see vibrant activity in January 2026, with major developments across space tech, online knowledge platforms, and auto-tech sectors. Space startup Ethereal Exploration Guild (EtherealX) raised $20.5 million in Series A funding to develop its first fully reusable medium-lift launch vehicle, Razor Crest Mk-1.
Vikram Chopra, CEO and cofounder of CARS24, stated that the company hopes to go public in the next six to twelve months amid the current startup IPO boom. In order to support its attempt to break into the $200 billion used car industry, Chopra emphasised notable improvements in the startup&
StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this edition of Recap’25, StartupTalky speaks with Krishna Patwari, Founder & Managing Director of Wealth Wisdom
India’s startup ecosystem remained active on 12th January 2026, with multiple early- and growth-stage companies securing fresh capital across sectors such as supply chain, mobility, food & beverage, fintech, and proptech. Startups including Edgistify, PumPumPum, Good Farmer Food Concepts, Bluecopa, and Flent announced funding rounds aimed at scaling operations,
Kissht has received approval from SEBI, the market regulator, to move forward with its public offering. According to the most recent information on the SEBI website, OnEMI Technology, the parent company of the firm, received observations from the regulator on January 8. Issuing observations is a "green light"
Subscriptions for the INR 1,789 crore Amagi Media Labs IPO are set to open tomorrow, January 13, 2026. IPO shares are currently trading at a premium of INR 37, or almost 10% more than the issue price of INR 361, on the grey market, an illegal market where shares
Jio Platforms, the digital division of Reliance Industries Ltd. (RIL), is reportedly considering a $4 billion (INR 36,100 cr) public offering, which might be the largest IPO in India to date. Reuters was informed by sources that because of the scale of the digital business, RIL is only interested
India’s startup and corporate landscape witnessed a series of strategic developments on 8th January 2026, reflecting shifting market dynamics across e-commerce, fintech, broking, and telecom. From Myntra’s move to support emerging D2C brands through a zero-commission model to Groww strengthening its leadership in retail stock broking, the day
Reliance Jio Platforms, the telecom and digital arm of Mukesh Ambani’s Reliance Industries, is considering an initial public offering (IPO) in 2026 that could become India’s largest‑ever public listing. The company may offer just 2.5% of its shares, but even this small float could raise more
Inox Clean Energy recently acquired SunSource Energy's solar assets as part of a massive wave of mergers and acquisitions (M&A) in the Indian renewable energy sector. The company's pre-IPO fundraising efforts, internal accruals, and promoter capital would all be used to finance the acquisition.
The draft red herring prospectus (DRHP) that Captain Fresh submitted to the Securities and Exchange Board of India (SEBI) has been formally withdrawn. Utham Gowda, a cofounder of Captain Fresh, acknowledged in an interview with a media outlet that the company had temporarily paused its listing attempt due to unexpected
According to multiple media reports, Zepto has submitted preliminary documents to markets regulator SEBI in order to raise INR 11,000 crore through a confidential initial public offering (IPO) on 27 December. In order to become one of the newest businesses to make their debut on Indian exchanges, the company
India’s business and startup ecosystem saw major developments on December 26, 2025, spanning quick commerce, gig economy unrest, and strategic corporate expansion. Zepto moved a step closer to public markets by approving a ₹11,000 crore fundraise ahead of its confidential IPO filing, signaling strong ambitions for scale. Meanwhile,
Indian quick commerce firm Zepto has taken a major step towards going public, with its board approving plans to raise up to INR 11,000 crore (about $1.3 billion) ahead of a confidential filing with the Securities and Exchange Board of India (SEBI). This news marks a significant moment
India’s startup ecosystem remained vibrant on 17th December 2025, marked by fresh funding rounds across biotechnology, creative AI, and longevity science, alongside major IPO-driven milestones. Early-stage biotech startup Cellarim Labs, experiential tech player Tagbin, and longevity-focused Decode Age collectively raised capital to scale innovation, research, and market expansion. Meanwhile,
According to various media reports, Zepto, a quick commerce (qcom) unicorn, is expected to submit the draft documents for its impending initial public offering (IPO) within the next seven to eight days, as reported by Business Standard. The business plans to go public the following year and is anticipated to
Meesho co‑founder and CEO Vidit Aatrey has officially joined the billionaire club after the company’s shares surged sharply since its recent stock market debut. The rise in share price has transformed his ownership in the business into a nine‑figure fortune. Meesho’s shares jumped from their initial
India’s startup ecosystem continued to witness strong momentum on 16th December 2025, with funding activity spanning spacetech, D2C beauty, climate tech, deep tech, and consumer appliances. Spacetech startup Digantara led the day with a $50 million Series B round, while haircare brand Moxie Beauty and shapewear startup Underneat secured
According to multiple media sources, Temasek-backed upGrad has started early preparations for an IPO that might garner $350–400 million. The company is investigating inorganic expansion through possible mergers and acquisitions at the same time as the IPO push. As reported by media houses, upGrad is investigating a possible $300–
According to various media reports, Walmart-owned online retailer Flipkart has been given permission by the National Company Law Tribunal (NCLT) to move its headquarters from Singapore to India. This move brings the company one step closer to its eagerly awaited public listing on Indian exchanges. The Bengaluru-based online retailer has
For an INR 2,342.3 Cr IPO, Shiprocket has submitted its revised draft red herring prospectus (UDRHP) to SEBI. A new issue of equity shares up to INR 1,100 Cr and an offer-for-sale (OFS) component up to INR 1,242.3 Cr would make up the company'
The Indian startup ecosystem recorded a dynamic day on 10th December 2025, marked by strong fundraising momentum across fintech, energy efficiency, clean nutrition, edtech, AI, and pet care. Major deals included Skydo’s $10M Series A, Smart Joules’ $10M Series B, and significant rounds for Uolo, Earthful, KNOT, and Dr.
Meesho’s IPO pops 46% on NSE on the listing day, driving instant profits and triggering massive market buzz...
According to Bloomberg News, the Adani Group is getting ready to expand its airport business significantly. By 2030, it plans to invest $15 billion to increase the capacity of its network for handling passengers. Over the next five years, the company wants to grow its airports to accommodate 200 million
According to a Bar & Bench story, office space company WeWork India received significant relief on December 1st when the Bombay High Court maintained the Securities and Exchange Board of India's (Sebi) licence for its 3,000 crore initial public offering (IPO). The report also stated that petitioner
After the 2022 IPO hype, SEBI called out Droneacharya for "fraudulent practices" and imposed a ban...
Wakefit Innovations, a home and furniture company, plans to issue new shares valued at INR 377 crore as part of its first public offering (IPO) on December 8. According to the red herring prospectus (RHP), the Bengaluru-based company's initial public offering (IPO) will end on December 10, and
Lenskart has released its first quarterly results since going public, and the numbers signal a strong and confident start. Co-founder and CEO Peyush Bansal shared the update on LinkedIn, expressing gratitude and reaffirming the company’s long-term mission. “From those to whom much is given, much is expected,” he wrote,
India’s startup ecosystem remained active on 28th November 2025, recording significant funding activity across clean energy, logistics-tech, and sports-tech segments. The day also saw major business developments, including Meesho’s much-anticipated IPO drawing strong market attention. Here’s a quick breakdown of all the major funding announcements and key
Meesho’s IPO created one of the largest liquidity events in India’s consumer internet space, turning early believers and founders into instant wealth creators. The e-commerce platform’s public listing not only rewarded institutional investors with substantial cash exits but also delivered extraordinary multiples for the founders and angel
The profits for the Meesho founders and early investors are as big as 10,000x, so who is getting how much? Learn more.
Ola Electric Mobility Ltd., once a favourite of investors, is finding it difficult to pick up steam as its market share declines and share price falls. The SoftBank-backed electric scooter manufacturer is currently having trouble attracting investors for its most recent fundraising attempts after seeing its IPO oversubscribed more than
The 25th November 2025 edition captures another impactful day across India’s startup and business ecosystem. From multimillion-dollar funding rounds in wealth-tech, AI procurement, biotech, and deep-tech healthcare to a landmark regulatory approval for the country’s first AI-focused IPO, the day brought a mix of scale, innovation, and investor
After capital markets regulator SEBI approved Fractal Analytics' initial public offering (IPO), India is about to see its first real AI startup listed on the public markets. The company is comparable to Palantir, the US-listed analytics and decision-intelligence corporation, and has spent 25 years developing a global enterprise AI
Stay updated with the latest developments in India’s startup and business ecosystem. The 20th November 2025 roundup captures major funding announcements across agri-tech, fintech, logistics, AI, and emerging tech, alongside key business updates from leading platforms like Zomato and Zepto. Highlights include Agraga raising INR 100 Cr to strengthen
Stay updated with the latest developments across India’s startup and business ecosystem. The 19th November 2025 roundup captures major funding announcements in rural mobility, logistics, construction-tech, and voice AI, along with key corporate updates from global giants like Apple and milestone market performances such as the PhysicsWallah IPO. Here’
From an INR 109 issue price to an INR 155.24 close on day one marks a dashing debut at the stock market. The stock beat every expert prediction because...
The Indian startup and business world saw many important updates today, including new funding rounds, company exits, an IPO listing and a major investment announcement. These stories show how different sectors are growing and changing. Here’s your roundup of key funding news and business news for 14th November 2025.
India’s startup ecosystem remained vibrant on 12th November 2025, marked by a flurry of funding activities and key corporate developments across sectors. From Bombay Shaving Company’s major pre-IPO funding round to Groww’s remarkable stock market debut and governance updates from Tata Trusts, the day highlighted strong investor
A 14% premium on the BSE and a 12% premium on the NSE for Groww.What Really Happened on Groww’s Listing Day?
India’s startup ecosystem continued its dynamic streak on 11th November 2025, witnessing a mix of high-value fundraises and major market updates across sectors. Fintech, health-tech, and clean energy ventures led the funding momentum, while edtech and EV players made headlines with significant milestones. From Finnable’s INR 250 crore
Physics Wallah, an edtech unicorn, announced on 10 November that it has secured INR 1,563 crore from anchor investors, one day before its initial public offering (IPO) opened. This will be the nation's first significant pure-play edtech company to list on an initial public offering (IPO). A
Capillary Technologies has submitted the red herring prospectus (RHP) for its initial public offering (IPO), which includes an offer for sale (OFS) of up to 92.29 lakh shares and a fresh issue of up to INR 345 Cr. Bidding for the IPO will begin on November 14 and end
India’s startup ecosystem witnessed a mix of funding activity and market developments on 7th November 2025. Robotics startup Miko secured fresh capital from global media giant iHeartMedia, while fintech major Pine Labs raised significant anchor investments ahead of its IPO. Meanwhile, eyewear brand Lenskart made headlines as its grey
The Grey Market Premium is clearly losing its excitement. However, Lenskart's total bids shocked everyone, with investors oversubscribed by over 28.3 times. So, what's going on?
India’s startup ecosystem saw a dynamic day on 5th November 2025, with fresh funding rounds across home décor, gaming, space-tech, and AI infrastructure. Key highlights included The Artment’s pre-Series A, Game State Labs’ seed round, and Ulook’s space-tech funding, reflecting steady investor confidence. Meanwhile, Zepto’s meat
Physics Wallah Ltd., an education technology company supported by WestBridge, announced its IPO price range of INR 103–109 per share, propelling its founders, Alakh Pandey and Prateek Boob, into the billionaire ranks. The company's highest valuation is INR 31,170 crore. Pandey and Boob each own 105.
Oyo's parent company, PRISM (previously Oravel Stays), withdrew its intricate bonus share plan after investors questioned its peculiar eligibility requirements and structure. The strategy, which tied shareholder compensation to Oyo's IPO success and a time-bound election process, will now be replaced by a more straightforward bonus
As part of its $754 million initial public offering (IPO), Indian broking Groww has sold shares valued at 29.85 billion rupees ($339.61 million) to anchor investors, including sovereign investors from Norway, Abu Dhabi, and Singapore. According to an exchange filing made late on November 3, shares of Groww&
India’s startup and tech ecosystem saw a mix of funding activity, IPO filings, and major product announcements today. From jewellery brand Goyaz securing fresh Series A capital to fintech major Pine Labs and logistics player Shadowfax gearing up for their IPOs, and Lenskart revealing plans for AI-powered smart glasses