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PAYU IPO UPDATE
Billdesk, Upgrad acquisitions; Anthropic's advances: an opportunityHappy Thursday! Billdesk is set to acquire Worldline's India business, while Upgrad has bought a majority stake in Internshala. This and mo...- Peak XV’s $1.3 billion fund; General Catalyst’s $5 billion India betPeak XV Partners has raised its first independent fund since its split from Sequoia Capital. This and more in today's ETtech Top 5.
- Groww completes acquisition of wealthtech platform FisdomThis follows the investment platform receiving the necessary regulatory approvals from Sebi. The deal is valued between $140 million and $1...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Fintech feels RMG burn; Urban Company's D-Street debutHappy Thursday! The new gaming legislation is expected to hurt the business of payment aggregators. This and more in today's ETtech Morning...
- Groww files revised IPO papers for Rs 6,000-7,000 crore issueThe offering will include a fresh issue of Rs 1,060 crore, and an offer-for-sale (OFS) component of 574 million — worth around Rs 5,000-6,0...
- Groww to file updated IPO papers; Indian IT’s new directionHappy Monday! Groww will file its updated IPO papers soon, eyeing a November listing. This and more in today’s ETtech Morning Dispatch.
- Groww set to file revised draft IPO papers next weekOnline investment platform Groww is gearing up to file an updated draft red herring prospectus (DRHP) with the Securities and Exchange Boar...
- Big AI bets, demand reboot: Indian IT sector 'bytes' into 2025 with cautious optimismThe Indian IT industry expects better tech spending and a stronger deal pipeline as businesses have started onboarding AI. Experts also exp...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- ET World Leaders Forum; PayU’s consumer payments pushHappy Monday! Top startup and tech leaders at the Economic Times World Leaders Forum said India is poised to become the hub of tech innovat...
- FirstCry refiles IPO papers; Groww secures payment aggregator licenceFirstCry has refiled its draft IPO papers with market regulator Sebi with updated financials. More on this in today’s ETtech Top 5.
- Prosus-owned PayU targets Feb for India IPO filing, hires bankers: ReportPayU has appointed Goldman Sachs, Morgan Stanley and Bank of America as advisors for the IPO, which it plans to list by the end of 2024, th...
- Dunzo's big valuation drop; decoding govt’s tax math on online gamingDunzo is seeking approval to raise $35 million via a rights issue, but some of its investors feel the cash-strapped startup’s valuation be ...
- Swiggy's Jan-Dec loss widens 80%; Google challenges NCLAT order in SCIt was a mixed bag for Prosus in India. While its losses in Swiggy, a major portfolio company, spiked, there was a silver lining in terms o...
- ED summons crypto execs; startup valuations drop sharplyED has issued notices to a few crypto firms and summoned their top executives as it probes alleged violations of India’s foreign exchange l...
- Govt finalising online gaming rules; LazyPay updates terms after RBI orderOfficials told us it would be “a light-touch framework that co-exists with the regulations” states have passed
- CCI seeks more info on PayU-BillDesk deal; MeitY’s draft data policyIf approved by regulators, the deal would mark the biggest consolidation in the sector, we wrote at the time. Now, sources tell us India’s ...
- Killing competitionFrom NPCI's new rules to cap market share of UPI apps to Stripe overhauling its tech infrastructure in India, here's a quick look at the to...
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