Indian food delivery giant Swiggy has hired bankers as it gears up for an initial public offering next year, a source familiar with the matter said. The startup, which was […]
Nykaa
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Back to news homeRecord number of unicorns and IPOs: Indian startups raised $39B in 2021
In late March last year, as the virus started to spread across India, investors began to worry about the impact a potential pandemic could have on their portfolio firms. They […]
Indian fashion e-commerce Nykaa makes stellar market debut
Fashion commerce firm Nykaa rose as much as 89% on its Indian market debut Wednesday, gaining a valuation of $13 billion in the nation’s first women-led unicorn listing. Shares of […]
Paytm raises $1.1 billion from anchor investors in India’s blockbuster IPO
Paytm has raised $1.1 billion in India’s largest ever anchor round as part of its initial public offering, which is also shaping to be the nation’s largest, as the poster […]
It’s raining tech unicorns in India with increasing digital adoption, says GlobalData
Following the news that online car selling platform CarDekho and digital payments company MobiKwik have joined the unicorn club in India; Swati Verma, Associate Project Manager of Thematic Research at […]
Zomato’s losses widen in first quarterly earnings since IPO
Zomato’s losses more than tripled in its first quarterly earnings report since its listing last month as the company’s expenses grew and the pandemic hit the firm’s dining-out business. The […]
Flourishing digital economy helps startup ecosystem in India, says GlobalData
Following the news that two Indian unicorns—Nykaa and PolicyBazaar—have filed for listing in Indian exchanges and two startups—BharatPe and OfBusiness—have joined the unicorn club; Swati Verma, Associate Project Manager of […]
Indian beauty e-commerce Purplle raises $45 million
Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as it looks to expand its presence in […]