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RENTOMOJO EARLY INVESTORS
Up to 152X return! Rentomojo IPO delivers eye-popping gains to Nitish Mittersain, other early backersRentomojo’s stock market debut has turned into a major windfall for early investors, with Nazara Technologies founder Nitish Mittersain set...- Accel-backed Rentomojo lists on Dalal Street at 19% premiumOn Dalal Street, Rentomojo celebrated its debut with a robust nineteen percent premium on shares. The overwhelming demand for its initial p...
- Why is market falling today? War woes, oil spike and 4 other factors behind Rs 5 lakh cr D-Street routIndian stock markets tumbled significantly on Friday, with benchmark indices Sensex and Nifty recording considerable dips. The sharp surge ...
- Why did stock market fall today? Oil spike, IT rout among 6 key factors behind 800-point Sensex slump; Nifty below 23,450For the third day in a row, Indian stock markets faced a sharp decline, driven by rising oil prices and increasing tensions in the Middle E...
- Festive carts to get heavier; Pixxel’s $100 million fresh fuelHappy Monday! Online festive shopping is set to hit a new high this year. This and more in today’s ETtech Morning Dispatch.
- Rentomojo set to go public at Rs 4,246 crore valuation, set to raise Rs 1,256 crore via IPOIn its ambitious IPO initiative, Rentomojo targets a valuation of ₹4,246 crore, while securing ₹150 crore in fresh funding. Additionally, e...
- Rentomojo to go public at Rs 4,246 crore valuation; up 5x from last private roundThrough its public offering, Rentomojo is raising Rs 150 crore in fresh capital, while investors including Accel, Chiratae Ventures and Val...
- Rentomojo’s valuation jump; SoftBank’s Meesho windfallRentomojo is expected to go public at a valuation nearly five times higher than its previous private market round. This and more in today's...
- Rentomojo gets Sebi nod for IPO; Accel, Chiratae among investors selling stakesThe company filed a draft red herring prospectus (DRHP) with the market regulator in March this year. It plans to raise Rs 150 crore via th...
- Used 2-wheeler startup Speedioo raises Rs 10 crore from Atomic CapitalWith the fresh capital, the company is looking to expand into a business-to-consumer (B2C) model, invest in an AI-native tech stack, and in...
- Rentomojo files draft prospectus for Rs 1,100-1,200 crore IPORentomojo has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering of...
- Food delivery startup Swish in talks to raise $30-35 million from Bain Capital Ventures, Accel: SourcesSwish is discussing a $30-35 million fundraise from Bain Capital Ventures along with existing investors including Accel, people in the know...
- Purplle’s extended fundraise; VCs increased scrutinyVenture capitalists are taking a hard look at early-stage startups before signing off on follow-on funding. This and more in today’s ETtech...
- Discount brokers & margin funding biz; ETSA Comeback Kid winner Rentomojo eyes IPOHappy Thursday! Discount brokers are evaluating new businesses amid Sebi’s regulatory changes. This and more in today’s ETtech Morning Disp...
- ETtech Deals Digest: Funding for startups falls 32% to $83 million this weekStartup funding in the penultimate week of February 2024 fell about 32% from the same period a year ago, totalling $83 million across 20 di...
- Chiratae Ventures to offer 48-hour turnaround on seed fund requestsChiratae Sonic aims to accelerate and democratise the fundraising process for founders and ensure them quicker access to capital, Chiratae ...
- Chiratae Ventures picks 19 startups under its Innovators ProgrammeThe programme, which saw participation from more than 500 homegrown startups, will see Chiratae write cheques between $500,000 and $3 milli...
- Silicon Valley’s rising VC firm Menlo backs Unitary HelionMenlo is known for its early bets on companies like ride-hailing giant Uber and eyewear brand Warby Parker, besides online pharmacy Pillpac...
- RentoMojo raises $10 million in Series-B fundingBain Capital Ventures, former Lending Club CEO Renaud Laplanche and existing investors Accel Partners & IDG Ventures also participated in r...
- What’s On Rent raises angel funding led by Lalit Mangal and Neeraj GuptaOnline product rental marketplace What’s On Rent has raised angel funding led by CommonFloor cofounder Lalit Mangal and Excubator cofounder...
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