IPO
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Swiggy transitions to publicly traded company ahead of $1 Billion IPO
Swiggy, the food delivery platform, has transitioned into a publicly traded company ahead of its highly anticipated initial public offering (IPO).In a regulatory submission,...
Beauty ecommerce giant Purplle sets sights on brick-and-mortar expansion, eyes $100M investment from ADIA
Purplle, the beauty ecommerce marketplace, aims to expand its presence by opening additional brick-and-mortar stores this year. Additionally, the company is in early talks...
IPO-bound Swiggy appoints Titan’s Suparna Mitra as independent director
Swiggy, a leading player in food delivery and quick commerce, has appointed Suparna Mitra as an independent director to its board.Mitra is the CEO...
Swiggy Instamart sees yet another high-profile exit as VP of Supply Chain Karan Arora resigns
In yet another key exit from Swiggy, Karan Arora, the Vice President and Head of Supply Chain Management at Instamart, a subsidiary of Swiggy,...
IPO-bound Swiggy reports $207 Million loss in April-December 2023
IPO-bound foodtech giant Swiggy is reported to have recorded a loss of $207 million (INR 1,730 crore) in the first nine months of the...
IPO-bound Unicommerce launches AI chatbot to aid e-commerce sellers
Unicommerce, a Software-as-a-Service (SaaS) startup, has launched UniGPT, a GenAI platform designed to address the needs of e-commerce sellers. This platform will assist businesses...
PN Gadgil Jewellers sets sights on INR 1,100 Crore IPO, submits DRHP to SEBI
PN Gadgil Jewellers, the second-largest organized jewellery retailer in Maharashtra, has submitted its draft red herring prospectus to the Securities and Exchange Board of...
Swiggy’s strong financial performance sets stage for IPO: FY24’s first 9 months show robust growth
Ten years since its inception, the foodtech and quick commerce giant Swiggy is gearing up for a public debut this year, diligently ensuring a...
BlueStone to secure $16.5 Million in funding through debt and equity
The omnichannel jewellery startup BlueStone is looking to raise approximately $16.5 million (INR 137.7 crore) in total through debt and equity financing. Recently, the...
Meesho in advanced talks to raise $300 Million from Tiger Global, SoftBank, and other investors
Ecommerce unicorn Meesho is reportedly preparing to secure $300 million (around INR 2,499 crore) in a fresh funding round, with investors including Tiger Global...
Malabar Investments in talks to secure INR 80-100 Crore stake in Sugar Cosmetics via secondary transaction
Malabar Investments, an India-focused investment fund, is in talks with early-stage backers of Mumbai-based Sugar Cosmetics, as reported by ET. They are discussing acquiring...
Baazar Style Retail initiates IPO process, files draft papers with SEBI
Value fashion retailer Baazar Style Retail Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an Initial Public Offering...