Tuesday, December 24, 2024

IPO

Mamaearth IPO receives lukewarm response, subscribed 0.13 times on day one

Mamaearth, the D2C unicorn, experienced a tepid response to its initial public offering (IPO) on the first day, as the issue was subscribed only...

Mamaearth’s employee allocation oversubscribed 1.65X within hours of IPO opening

In the midst of notable market volatility, Mamaearth, a D2C unicorn, witnessed oversubscription of its employee allocation in the initial public offering (IPO) within...

Honasa’s Mamaearth IPO attracts INR 765.2 Crore from anchor investors ahead of IPO launch

Honasa Consumer Limited (HCL), the holding company of the direct-to-consumer (D2C) unicorn Mamaearth, has designated 2.36 crore equity shares for anchor investors, generating INR...

Ahead of IPO, Mamaearth drops most expensive acquisition Momspresso

Ahead of its initial public offering (IPO), Mamaearth has apparently covertly terminated its first and most expensive acquisition – Momspresso.For the past 48 hours,...

SVB expands portfolio with acquisition of Virginia-based Vita Specialty Foods

Vita Specialty Foods, a producer of honey and salad dressings, has been purchased by SVB Foods, a fellow American company.SVB Foods, headquartered in West...

Mamaearth parent Honasa Consumer to launch IPO on Oct 31, targeting INR 10,500 Cr valuation

Honasa Consumer Limited (HCL), the parent company of the innovative direct-to-consumer beauty and personal care brand Mamaearth, is making strategic preparations for its anticipated...

Instacart gets green light from major Wall Street brokerages despite initial share decline

Many major Wall Street brokerages, such as J.P. Morgan and Goldman Sachs, initiated coverage of Instacart with an optimistic perspective, showing confidence in the...

Honasa Consumer accelerates global expansion of Mamaearth brand ahead of IPO, aiming for significant growth

IPO-bound Honasa Consumer Ltd is significantly escalating its initiatives to extend the reach of its flagship brand, Mamaearth, into international markets, setting ambitious goals...

Reliance Retail eyes more divestment following QIA & KKR stake deals

Reliance Retail Ventures Ltd (RRVL) is currently in talks about a comprehensive strategy that encompasses an additional divestment of $250-300 million within the current...

Swiggy’s financing program disburses INR 450 crore to 8,000 restaurants across India

Swiggy, the online food delivery platform, announced on Tuesday that it has facilitated the distribution of over INR 450 crore to over 8,000 restaurants...

BigBasket aims for profitability in 6-9 months, eyes IPO in 2025

BigBasket, the Tata Group-owned online grocery retailer, has set its sights on achieving profitability within the next six to nine months, as stated by...

Instacart appoints former CFO Ravi Gupta to board of directors following IPO

On Friday, Instacart officially appointed Ravi Gupta, the former Chief Financial and Operating Officer, to its board of directors, solidifying the decision following the...

Recent articles