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PAYTM AND MEESHO
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- 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...
- SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
- Crorepati investors splurge $1 billion to buy these 10 stocks. Should you follow the smart money?Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This concentrated buying occurs even as the...
- Gautam Adani calls for India to build, power, and own AI infrastructure on home soilGautam Adani states energy and digital infrastructure will shape future global power. He urges India to build its own artificial intelligen...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian benchmark indices ended slightly lower amid weakness in FMCG, IT and banking stocks, while analysts highlighted improving technical ...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Stocks in news: BSE, Britannia, Paytm, Meesho, RILIndian markets showed resilience, climbing despite volatility, buoyed by positive global trends and falling crude oil prices. Analysts anti...
- Stocks in news: Paytm, Bajaj Auto, L&T, Bharti Airtel, Hero MotoCorpMarkets closed lower amid global headwinds and geopolitical worries. Several companies like Paytm, Bajaj Auto, and L&T are in focus due to ...
- New-age B-school report highlights strong startup placements and early offersMesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has released independently audited placement ...
- Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
- 5 mutual funds add 8 midcap stocks to their portfolios in March. Here are the detailsFive mutual funds added eight midcap stocks to their portfolios in March, signaling selective accumulation as valuations turned attractive ...
- Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
- Startup Mafia 2.0 going strong: Zomato, Freshworks, Zoho alumni launch 360 firmsIn 2023, ET reported that the second generation of the startup mafia had given rise to 253 companies. That number has since increased sharp...
- Meesho's Q3 losses balloon & other earningsEcommerce firm Meesho's losses widened despite strong revenue growth. This and more in today's ETtech Top 5.
- Meesho CXO Utkrishta Kumar exits to set up own ventureUtkrishta Kumar, the chief experience officer for business at ecommerce firm Meesho, has resigned after five years with the company. Kumar ...
- Paytm founder Vijay Shekhar Sharma hearts Meesho turning profitable, congratulates CEO Vidit Aatrey for scripting a success storySoftbank-backed e-commerce platform Meesho turned profitability in July due to a significant rise in its revenue and order volumes. CEO Vid...
- Founder Vijay Shekhar Sharma’s stake in Paytm touches 20%; Data Bill passed in Lok SabhaIn a move that Vijay Shekhar Sharma no doubt hopes will please regulators and convince them to greenlight the Paytm founder’s business plan...
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