Advertisements Author- Pushkar Singh, Partner at Tremis Capital – An early-stage investment firm that invests in highly curated startups In 2021, the Indian startup ecosystem hit several milestones, including venture funding of $100+ billion, 40 new unicorns, and 9 initial… Read More ›
IPO
Global Health To Open IPO, Carlyle Group Intends To Exit Partially
Advertisements Global Health, which operates and manages hospitals under the Medanta brand, will open for public subscription tomorrow, 3 November 2022. Global Health has set a price range of Rs 319-336 per share for the IPO, which will conclude on… Read More ›
Accel Leads INR 111 Cr Funding Round In Shivalik Finance Bank
Advertisements Noida-based Shivalik Small Finance Bank announces that it has raised Rs 111 crore (around $14 million) in a round led by Accel and Quona Capital with participation from Bharti Axa Life Insurance. Further, the company said that fresh funds… Read More ›
Everstone Eyeing To Sell India, Indonesia’s Burger King Franchise Stake
Advertisements According to the sources, private equity (PE) firm Everstone Capital is considering selling its stake worth $314 million in Restaurant Brands Asia, the master franchisee of Burger King in India and Indonesia. The PE firm holds over 40 per… Read More ›
Fidelity, HDFC Mutual Intends To Subscribe Five Star’s IPO
Advertisements According to the sources, Five Star Business Finance, an Indian non-banking finance company (NBFC), is set to make its stock market debut in the coming weeks, with anchor investors such as Fidelity Investments in talks to subscribe to the… Read More ›
IPO-Bound OYO Acquires Denmark’s Holiday Home Chain Bornholmske Feriehuse
Advertisements In line with its commitment to the ‘Invest in Denmark’ initiative, online hospitality major OYO has acquired Europe-based holiday homes operator Bornholmske Feriehuse, which aims to accelerate the growth of travel and tourism in the market. Bornholmske Feriehuse, which… Read More ›
SEBI Puts Biba Fashion IPO In ‘Abeyance’
Advertisements Capital markets regulator Sebi has kept in “abeyance” the proposed initial share sale of ethnic wear fashion label Biba Fashion. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The company, which is backed by… Read More ›
28 Cos Secure Sebi’s Clearance To Float IPOs Worth INR 45,000-Cr In Apr-Jul FY23
Advertisements Sebi has given its nod to 28 companies to raise funds totalling Rs 45,000 crore through initial public offerings (IPOs) in April-July period of 2022-23 which has already seen 11 debutantes raising over Rs 33,000 crore. Among the firms… Read More ›
Fintech Platform BharatPe Appoints Nalin Negi As New CFO Amid IPO Plans
Advertisements Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its new chief financial officer, as it prepares for its initial public offering (IPO). In his new role, Negi will take charge of… Read More ›
Furniture Retailer Pepperfry Rejigs Structure For IPO
Advertisements Furniture Retailer pepper fried has started reviewing its trading structure as it plans to debut on the Indian stock exchanges. For starters, founders Ambareesh Murty and Ashish Shah have re-domiciled Pepperfry from the Cayman Islands to Mumbai. They had… Read More ›