Gurugram based logistic company Delhivery has provided partial exit to its multiple existing investors. In a board meeting held last month, the unicorn logistic firm agreed to convert 6, 40,000 preference shares held by existing investors into equity shares, the regulatory filings showed.
These fully diluted 6, 40,000 preference shares were allotted in a segregated manner…
Just day after acquiring WhiteHat Jr for $300 Mn, Byju’s founder & CEO Byju Raveendran has dropped a hint about Byju’s IPO. In an exclusive interview with Mint, Raveendran said that Byju’s business has reached to a stage where it can seriously plan for an IPO sooner. However, he added that the company has not…
When will Flipkart, India’s most coveted and the most valued startup, set the ball rolling for an IPO. This is probably one of the most teasing questions of the Indian startup industry and the answer to this question has been long overdue.
Logo of Flipkart
Flipkart’s parent company Walmart has hinted that this teasing question will be…
How will WeWork’s IPO botch impact its India business? Well, the apparently tentative answer is ‘next to nothing.’ Else, why would its India business (owned by realty firm Embassy Group) plan to raise $200 Mn; when its parent company is currently busy in streamlining its global business in the aftermath of the IPO fiasco.
“There is…
Conventionally, an IPO launch makes for a landmark moment for most startups. From an unassuming and sometimes even a shabby offices to a blockbuster IPO launch in the capital market encapsulates the dream that probably every startup nurtures. It is not merely profit seeking investors or easy reach out to huge capital but also the…
Uber Technologies Inc has filed paperwork for its highly anticipated initial public offering, as per three people aware of the matter. If this report is indeed true then this will go down as an important milestone for one of the most followed and reputed global startups.
The ride-hailing giant filed the confidential paperwork on Thursday, according…
