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Oyo parent gets Sebi nod for Rs 6,650-cr public offerOyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its initial public offering. The compa...- Oyo-parent Prism secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
- Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startupsThree former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fu...
- InCred Holdings files updated draft IPO papers with Sebi; eyes Rs 1,250 cr via fresh issueRetail-focused NBFC InCred Holdings has filed updated draft papers with Sebi for its proposed IPO, aiming for a valuation of around Rs 15,0...
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
- PhonePe IPO freeze & its impact; Startup Mafia 3.0Happy Tuesday! PhonePe has deferred its IPO, signalling a broader chill in startup listing plans. This and more in today’s ETtech Morning D...
- InCred Holdings, Elevate Campuses among 8 IPOs approved by SebiSebi has approved eight IPOs across financial services, infrastructure, engineering, education and manufacturing, signalling steady primary...
- Cred FY25 revenue rises 16% to Rs 2,735 crore, losses narrowOperating losses narrowed 51% on-year to Rs 298 crore, while total losses declined 11.5% to Rs 1,457 crore during the year, the Bengaluru-b...
- InCred Holdings files draft prospectus with Sebi through confidential routeInCred Holdings, parent of InCred Financial Services, has confidentially filed for an IPO with Sebi, aiming to raise Rs 4,000–5,000 crore. ...
- Banks rule UPI rails; Bizongo under scannerHappy Friday! A small group of banks quietly control most of the money received through UPI. This and more in today's ETtech Morning Dispat...
- Bizongo under criminal lens; Meesho files IPO papersInvoice discounting platform TradeCred has filed a criminal complaint against Bizongo for alleged misappropriation of funds. This and more ...
- Cred raises fresh funds from GIC, others; valuation cut by 45% to $3.5 billionThe fintech major was valued at $6.4 billion in 2022 during its last major fund infusion. The current fund infusion is in the form of prima...
- Scoop: Cred in talks to raise new funds as valuation slips by over 30% to $4 billionFintech startup Cred is in talks to raise $100–200 million at a reduced valuation of around $4 billion, down from $6.4 billion in 2022. Bac...
- KKR-backed InCred is said to be in talks with advisers on Rs 4,000 crore IPOInCred Financial Services, an Indian lending firm, is preparing for an initial public offering. The company aims to raise approximately 40 ...
- Oyo parent raises Rs 1,457 crore in latest funding roundOravel Stays Ltd, the parent company of OYO, secured Rs 1,457 crore from several investors, including InCred Wealth, J&A Partners, and ASK ...
- What would Hyundai IPO valuation be if priced at par with Maruti Suzuki?The upcoming Hyundai Motor India IPO could be priced at different levels, ranging from Rs 1,265 to Rs 1,988 per share. With plans to raise ...
- Cred’s secured loan play; Rubrik interviewHappy Tuesday! Kunal Shah-led fintech startup Cred is prepping for an entry into the secured credit space. Details of this and more in toda...
- Roadblocks for q-commerce; Mizuho InCred dealHappy Friday! As quick commerce platforms diversify, they are likely to face operational challenges. More on this in today’s ETtech Morning...
- Cred to acquire Happay; Indian SaaS & IT come togetherCred is all set to make its second acquisition since its inception. The Kunal Shah-led startup has agreed to acquire Happay, a corporate ex...
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