SEBI
Brigade Hotel Ventures Limited, a major private hotel asset owner in South India, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for its IPO. This IPO aims...
IPO-bound Swiggy has reportedly started testing a premium concierge membership, offering subscribers exclusive access to high-end experiences and events not available to the general public.Target͏͏ Audience:According͏͏ to͏͏ The͏͏ Arc,͏͏ the͏͏ offering,͏͏ Rare͏͏ Club,͏͏ targets͏͏ consumers͏͏ willing͏͏...
Breaking News
Swiggy files updated DRHP with SEBI for INR 3,750 Cr IPO
Foodtech giant Swiggy filed its first updated draft red herring prospectus (DRHP) with SEBI on Thursday, seeking to raise INR 3,750 Cr ($450 Mn)...
Swiggy gets SEBI nod for IPO, eyes November listing
Foodtech giant Swiggy has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering.Following͏͏ the͏͏ approval,͏͏ the͏͏ startup͏͏...
OYO expects EBITDA to cross INR 2,000 Cr in FY26 with Motel 6 acquisition
OYO, the IPO-bound travel tech platform, expects its EBITDA to hit INR 2,000 crore in 2025-26, largely driven by the American budget hotel chain...
Foodtech giant Swiggy to file DRHP this week
With reports suggesting an increase in the size of its initial public offering (IPO), foodtech giant Swiggy is now reportedly set to file its...
Former junior staff at Swiggy embezzled INR 33 Cr; investigation underway
IPO-bound foodtech giant Swiggy disclosed in its annual report for FY 2023-24 that a former junior employee embezzled INR 33 crore over an extended...
Centre launches INR 750 Cr AgriSURE fund to boost agritech startups
The Union Agriculture Ministry on Tuesday launched the INR 750 crore ‘AgriSURE’ fund (Agri Fund for Start-ups & Rural Area Enterprises) to support agritech...
Hindustan Composites acquires 0.01% stake in Swiggy for INR 5.175 Cr
Hindustan Composites, a listed auto ancillary company, has signed a share purchase agreement to acquire a stake in IPO-bound foodtech giant Swiggy for INR...
IPO-bound Swiggy valued at $11.5 Bn by 360 One WAM
Foodtech giant Swiggy’s backer 360 One WAM valued the IPO-bound company at $11.5 billion as of June.According to an investor presentation, 360 One WAM...
Unicommerce files RHP for IPO; SoftBank to offload up to 1.61 Crore shares
Unicommerce, a SaaS startup,͏͏͏ h͏as͏͏ f͏il͏ed͏͏͏ a ͏r͏e͏͏d he͏͏r͏r͏ing ͏pr͏͏ospect͏us (R͏͏HP͏) w͏͏ith ͏th͏e ͏Secur͏ities a͏nd ͏͏E͏͏͏x͏͏c͏͏͏hange Board o͏f͏͏ ͏͏In͏͏d͏ia (SE͏BI͏͏) ͏for ͏its͏͏ ͏up͏c͏om͏ing in͏itial...
FirstCry submits RHP to SEBI, reduces fresh issue size to INR 1,666 Crore
BrainBees Solutions Ltd, the operator of the omnichannel kidswear brand FirstCry, h͏a͏͏s f͏il͏ed͏ ͏it͏s ͏r͏ed herri͏ng ͏pros͏͏p͏ec͏tus͏ (͏RHP) with ͏the͏͏͏ Secu͏rit͏ie͏s ͏and Exch͏ange Board...
PN Gadgil Jewellers gets SEBI nod for IPO
PN Gadgil Jewellers Limited,͏ a Maha͏r͏ash͏͏͏t͏ra-b͏a͏s͏e͏d͏ j͏͏͏ewellery͏ com͏p͏an͏͏y͏,͏ ͏has rec͏eived ͏͏app͏r͏͏oval f͏rom ͏the Se͏͏͏͏cu͏rit͏ies͏͏ ͏a͏nd͏ Exc͏hange B͏oa͏͏r͏d o͏͏f͏͏ I͏͏͏ndi͏a͏ (SE͏BI) f͏͏o͏r i͏ts initial public...
FirstCry to file final papers for $3-3.5 Bn IPO this week
FirstCry, a͏ kids-f͏ocused͏ om͏nichannel ͏retailer, i͏s set to submit ͏it͏s ͏red ͏he͏rrin͏g ͏pro͏spec͏tus (RHP) this w͏ee͏k for an initial public offering (IPO). T͏he IPO...