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2 mins read

FirstCry's parent firm Brainbees Solutions gets Sebi's go ahead to float IPO

These companies -- who filed their preliminary IPO papers with Sebi between January and May 2024…

PTI   


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1 min read

Fidelity further marks down Meesho's valuation to $3.5 billion

Global investment firm Fidelity has further marked down the value of its holding in social commerce…

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1 min read

SoftBank sells another 2% stake in Paytm, offloads ₹3,800 cr worth shares in FY24

Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm's parent compan…

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2 mins read

OYO withdraws DRHP, to refile IPO post refinancing: Sources

Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its de…

PTI   


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1 min read

Meesho posts first-ever quarterly profits in FY24, claims to be the first profitable e-commerce unicorn in Q2

Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated p…

PTI   


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10 mins read

PE and VC investors make a killing in the 2023 bull market

Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…

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5 mins read

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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1 min read

Softbank-backed Saas platform Unicommerce registers 50% revenue growth in FY23

Softbank-backed SaaS platform Unicommerce has registered a 50% growth in revenue driven by onboardi…

PTI   


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4 mins read

Paytm stock searches for a new bottom despite assurances by the management

The restrictions placed on PayTM Payments Banks (PPBL) by the regulator has triggered a sharp sello…

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1 min read

IPO-bound FirstCry's CEO Supam Maheshwari offloads shares worth Rs 300 crore: Report

FirstCry CEO has also listed himself as a selling shareholder in the public issue, according to the…

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3 mins read

Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors

Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…

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1 min read

SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery

Integrated logistics provider Delhivery on Friday saw 2.51 per cent of its shares worth Rs 747 cror…

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5 mins read

Private equity and VC players make a killing as IPO rush yields them ₹10,000 crore

The great rush for initial public offerings (IPOs) has landed a bounty of massive proportions for e…

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4 mins read

Marcelo Claure and Paul Judge bought SoftBank's diversity fund. Now they're trying to raise $200 million for it.

Claure and Judge are trying to recreate and capitalize on the success of the fund's first vehicle w…

Vishal Persaud   


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1 min read

SoftBank has lost more than $14 billion by betting on WeWork

The Japanese firm, which made a huge bet on WeWork, revealed the losses in the same week that the r…

Hasan Chowdhury   


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1 min read

Unicorns and startups should prepare for a longer funding winter, says SoftBank's Masayoshi Son

Masayoshi Son, Founder and CEO of Japanese investment group Softbank, on Monday warned unicorns and…

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1 min read

SoftBank would cut startup funding by half this year as losses cross $13 billion

Japanese investment giant SoftBank on Thursday reported a huge net loss of 1.708 trillion yen ($13.…

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1 min read

Zomato stock up after 10 crore shares worth ₹947 crore change hands

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…

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2 mins read

Shares of Better whose CEO fired 900 workers on a Zoom call — slumped 93% on their first day of trade

Shares in Better Home & Finance tumbled 93% in their first day of trading after combining with a SP…

Huileng Tan   


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2 mins read

Ola may end up firing another 500 people to save up costs

As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is pla…