IPO

Dubai Holding, the investment conglomerate owned by the emirate's ruler, has announced an increase in the target size of its initial public offering (IPO) for its residential real estate investment trust (REIT). The firm now aims to raise up...

As Urban Company prepares for its Initial Public Offering (IPO), a glimpse into the remuneration of its top executives reveals that the three founders, Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan, each received ₹1.45 crore in fiscal year...

Imagine Marketing, parent company of consumer electronics brand boAt, has filed a Draft Red Herring Prospectus (DRHP) through SEBI’s confidential pre-filing route, aiming for a ₹2,000 crore IPO. This marks the company’s second attempt to go public after shelving...

PhonePe, one of India's leading fintech companies, has achieved a remarkable milestone by crossing 600 million registered users on its platform as of March 2025. This achievement marks a significant step in PhonePe's journey, which began in August 2016...

PhonePe, a leading fintech company backed by Walmart, is set to appoint Amit Doshi, former Chief Marketing Officer (CMO) at Britannia Industries, as its first group CMO. This strategic move comes as PhonePe prepares for its initial public offering...

In a recent transaction, Chinese e-commerce giant Meituan has sold over $200 million worth of its stake in Swiggy to a U.S.-based investor, reducing its position as Swiggy prepares for its IPO. Initially investing in Swiggy in 2018 and...

India's fintech sector has emerged as a global leader in the third quarter of 2024, securing $778 million in funding, according to a report by market intelligence platform Tracxn. This surge in capital positions India as the second-highest fintech...

Global investment firm Prosus is set to increase its stake in Urban Company, an Indian home services marketplace, through a $30 million secondary deal. This transaction values Urban Company at $2.6 billion, coming as the startup gears up for...

Investment platform Upstox has provided a 10-fold return to Ratan Tata, former chairman of Tata Group, following the buyback of 5% of his stake in the company. Tata initially invested in Upstox in 2016, acquiring a 1.33% stake, and...

Uber has entered a strategic partnership with logistics provider Shadowfax to expand its UberMoto bike-taxi service. This collaboration enables Shadowfax to use its two-wheeler fleet during lean hours, integrating it into UberMoto's operations and enhancing the service’s availability. Riders...