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Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...- Smallcaps rally! IIFL Finance, Hindustan Copper, Meesho, other stocks jump up to 7%Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurr...
- Meesho slides 40% from peak, slips below listing price. Here is why brokerages still see 26% upsideMeesho shares have fallen nearly 40% from their peak after Q3 losses widened sharply, slipping below the listing price. Despite near-term m...
- Meesho shares get first rating post listing, analysts see 80% upside from IPO priceNewly listed Meesho received its first analyst rating, with Choice Institutional Equities initiating coverage with a BUY call and Rs 200 ta...
- Nexus raises new $700-million fund to back India, US startups focused on AI, enterprise, consumer sectorsCofounder Suvir Sujan told ET that Nexus will back US-only AI and enterprise startups going forward. It expects 4–5 IPOs in the next 2–3 ye...
- Vidya Wires IPO: Price band set at Rs 48–Rs 52, public issue opens on December 3Vidya Wires is launching its Rs 300-crore IPO on December 3 with a price band of Rs 48–52. The issue includes fresh shares and an OFS, valu...
- Meesho's Rs 5,421 crore IPO to open on December 3, price band fixed at Rs 105–Rs 111 per shareMeesho's initial public offering opens on December 3. The e-commerce firm plans to raise Rs 5,421 crore. The IPO includes a fresh issue and...
- Prosus in talks to lead new funding in fintech Jar; ups ante in new deal-makingProsus nears a deal to lead a $50 million funding round in Indian fintech Jar, marking its third major fintech investment this year. This f...
- Ranjan Pai, Axis Bank may back gold loan startup RupeekClaypond Capital, Axis Bank, and new investors plan to invest in Rupeek at a reduced valuation. Investment details are being finalized, wit...
- Gold loan startup Rupeek is staring at a down roundRupeek could be staring at a cut of as much as 40-50% in its valuation. It was last valued at $600 million. A down round is where a company...
- Meesho’s fintech bet; Byju’s valuation crashes 99%Ecommerce firm Meesho is diversifying revenue streams via two new business lines. Details of this and more in today’s ETtech Morning Dispat...
- ‘Vocal for local’ gives the festival of lights a new sparkleEcommerce majors Flipkart and Amazon both gave prominence to small and medium entrepreneurs and artisans prominence during their festive sa...
- Meesho records 120 crore customer visits during the festive saleMeesho, an e-commerce marketplace, experienced a successful festive sale with 120 crore customer visits and more than 72 orders per second ...
- Influencer marketing startup One Impression raises $10 million in funding led by PUBG-maker KraftonOne Impression last raised $1 million in a seed round of funding from angel investors such as Lenskart founder Peeyush Bansal, Shaadi.com c...
- Influencer marketing startup One Impression raises $10 million in funding led by PUB-G-maker KraftonThe company said it will utilise the funds to expand its offerings, accelerate product development and grow its presence in international m...
- Rupeek lays off 200 employees amid slowdown in fundingIn a written communication to employees on Tuesday morning, Rupeek founder and chief executive Sumit Maniyar said the company had taken a “...
- Physics Wallah turns unicorn amid edtech carnage; Rupeek lays off 200Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.
- ETtech Evening Briefing on Feb 12, 2021: Meesho to join unicorn club, Bumble's blockbuster IPOStartup unicorns are rare, as are women in the corner office. Self-made women billionaires, who are also CEOs, are rarer still. Today, we h...
- Young startups fish for talent in big tech poolStriking a balance in team dynamics is, however, not easy, founders say. Vivekananda Hallekere, CEO at Bounce, said defining the skillset f...
- Brands follow their new-age audience to TikTok videosChinese brands have already seen success on TikTok, but home-grown brands yet to test the app’s advertising value.
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