From Zomato’s IPO to Delhivery’s fundraise to Paytm’s DRHP — These were the biggest developments this week

• Zomato’s IPO was oversubscribed by 38 times.
• Paytm and Mobikwik have filed for their IPO.
• FedEx made its first strategic investment in India.

The Indian startup ecosystem is going through a watershed moment, with the thirteen-year-old Zomato hitting the public market this week. The company’s shares were oversubscribed by a whopping 38 times, with investors pitching to buy 2,751 crore shares in the company.

Even before Zomato could close its public issue, there were two other startups that had formally started the IPO process -- Mobikwik and Paytm have filed their draft red herring prospectus (DRHP) with market regulators Securities and Exchange Board of India (SEBI).

This week was filled with major announcements like these. Take a look: