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2 mins read
Jewellery retail chain Joyalukkas withdraws ₹2,300 crore IPO
Kerala-based jewellery retail chain Joyalukkas India withdrew its ₹2,300 crore initial public offer…
2 mins read
Automobile marketplace Droom is raising $200 million in a pre-IPO round at unicorn valuation
Online automobile marketplace Droom has got the wheels rolling for its initial public offering (IPO…
4 mins read
Droom founder explains why he is considering a US IPO and where he intends to spend the money
Online automobile marketplace Droom is all set to go for an initial public offering (IPO) in the ne…
8 mins read
Three unicorns, hundreds of crore in loss and very little market share — What's the hype around online car retailers?
In this same time span, CarTrade has hit the public market and Droom has formally announced its …
3 mins read
EXCLUSIVE: Droom has big plans for 2020 – be a unicorn, raise pre-IPO funds, and expand to 9 new countries
In an interview with Business Insider, Sandeep Aggarwal said that the company has clocked $1.2 b…
1 min read
Droom goes Fast & Furious with marketing ahead of a US IPO
Indian automobile marketplace Droom is the official partner for the new Fast & Furious: Hobbs &…
1 min read
Droom earmarks USD 100 mn capex for tech, marketing
"While we are aggressively expanding our international presence, we are also deepening our presenc…
PTI
2 mins read
Droom aims to hit profit by year-end, to raise USD 150 mn before IPO
"The plan has always been to take the IPO route and we have considered four options (Mumbai, US, S…
PTI
4 mins read
Despite majority of its revenue coming from the US, this is what compelled RateGain to be the first SaaS company to head for an IPO in India
Software-as-a-service startup (SaaS) RateGain Travel Technologies — which has less than 1% business…
6 mins read
Loss-making Cars24 is worth more than a profitable CarTrade — here’s why
Gurugram-based used cars marketplace Cars24 became a unicorn last year and raised some more money n…
2 mins read
Grey market premium for Anand Rathi Wealth IPO is down to ₹25 from ₹125
Wealth management firm Anand Rathi Wealth has received good response from investors in its initial …
2 mins read
Ola expands ESOP pool to ₹3,000 crore, issues stock worth ₹400 crore to employees
Ride hailing giant Ola has expanded its employee stock option plan (ESOP) pool to ₹3,000 crore. It …
10 mins read
RateGain, Shriram, MapmyIndia and more — Check out the important dates of these upcoming IPOs and their grey market premiums
Investment opportunities in the initial public offering (IPO) space have been pouring in immensely …
2 mins read
In India, used car businesses see renewed interest from investors with CarDekho raising $110 million
The slew of funding for Indian startups continues in 2019 with Jaipur-based CarDekho raising $110 m…
3 mins read
There is a government directive against salary cuts in private companies — but can they be stopped?
The Indian government mandated that all commercial establishments must pay wages without deductions…