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RAZORPAY SEBI APPROVAL
Razorpay gets Sebi nod for Rs 5,000-6,000 crore IPO: sourcesET reported on April 20 that Razorpay was preparing a confidential IPO filing to raise Rs 5,500-6,500 crore at an expected valuation of $5 ...
Razorpay gets final Gift City licence to expand cross-border paymentsRazorpay has attained a payment service provider licence from the International Financial Services Centres Authority. This licence allows t...
Missed the NSE IPO? Here are 5 of the largest issues in the pipeline to keep on your radarFor those who missed out on the National Stock Exchange IPO, there's a silver lining: several major public offerings are on the horizon! Se...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
Razorpay confidentially files IPO papers with SebiFintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpa...
Razorpay begins IPO process; files confidential DRHP to raise Rs 5,000-6,000 croreFintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,...
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...
PhonePe IPO delay signals valuation standoff for upcoming new-age listingsPhonePe has postponed its $1.3-billion IPO due to volatile markets and a valuation gap with investors, highlighting cautious sentiment amon...
YC’s Groww stake worth Rs 8,000 crore post IPO, leads the way for its India portfolioAccording to Groww's prospectus, YC, which held around 12% stake in the wealthtech, has sold 2.01% of this, or 105 million shares. With the...
Meesho secures NCLT approval for reverse flip; faces $280-300 million tax outgo in the USMeesho, like fellow Y Combinator-backed startups Groww and Razorpay, was incorporated in the US to simplify access to global capital. Howev...
Gensol’s default; Ola’s dismal Q4Happy Friday! Gensol Engineering has failed to make repayments on bonds that used BluSmart taxis as collateral. This and more in today’s ET...
Razorpay completes reverse flip from US to India with MCA approvalRazorpay had applied to the regulators for the reverse flip under amended rules, which do not require companies to apply to the NCLT. Razor...
Ola Electric’s Q4 losses double; Walmart on quick commOla Electric’s troubles compounded with net loss increasing two-fold in the March quarter. This and more in today’s ETtech Top 5.
Ghar wapsi: Indian startups returning home in drovesIndian startups like Razorpay, Udaan, and Meesho are shifting their headquarters back to India due to improved IPO opportunities, easier co...
Startups cheer differential voting rightsSebi nod will allow founders to have more control over their ventures even after diluting a significant portion of their holdings.
Razorpay founders to get 2 votes for each board seatThis is a significant move by the Tiger Global- and Sequoia Capital-backed company, which will give its founders Harshil Mathur and Shashan...