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WAKEFIT MARKET VALUATION
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.
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...
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...
Market rout drags down newly listed startup stocks; Lenskart, Ather, Bluestone among big losersNew-age companies listed recently stayed under pressure as markets fell sharply on Monday. Sensex and Nifty dropped heavily amid geopolitic...
Half of new-age listings fall below issue price amid market volatilityNew-age firms listed over the past year remain under pressure from US-Iran tensions and volatile markets, with many trading below issue pri...
How new-age cos fared on D-St; Flipkart gets nod to flip backHappy Tuesday! Public markets are drawing a clear line: execution and earnings now matter more than growth-at-all-costs narratives. This an...
Flipkart gets IPO-ready; Wakefit's bumpy debutFlipkart is moving fast on the road back to India, where it plans to go public. This and more in today’s ETtech Top 5.
Wakefit Innovations IPO allotment: Here’s how to check status, GMP and other detailsWakefit’s ₹1,289-crore IPO, subscribed 2.52 times overall, will finalise allotments on Thursday. Retail demand was strong at 3.17 times, wh...
Wakefit IPO subscribed 60% on Day 3 so far, weak GMP. Should you invest?Wakefit Innovations' IPO faces muted investor interest on its final bidding day, with only 60% subscription and a declining grey-market pre...
Is Wakefit’s IPO a good long term bet for high-risk investors?Wakefit Innovations plans to raise over ₹1,288 crore via IPO for expansion and operational needs. The direct-to-consumer home furnishing co...
Wakefit sets Rs 185-195 price band for Rs 1,288 crore IPO; check important dates hereWakefit Innovations has set the price band for its Rs 1,288 crore IPO at Rs 185-195 per share. The offer includes a fresh issue of Rs 377.1...
India's wealthy chase AI boom; AI impact on ITHappy Tuesday! India's wealthy and their family offices are vying for stakes in unlisted technology giants. This and more in today's ETtech...
IPO watch: Which Indian startups are next to hit the stock market?A significant number of companies hailing from a wide range of sectors––from fintech to consumer goods and logistics––are set to mark their...
Wakefit joins IPO queue; Pine Labs DRHP, decodedMattress and home furniture brand Wakefit is heading to the bourses. This and more in today's ETtech Top 5.
Startup hikes may shrink as funding slows“A lot of projections that were made earlier this year were based on sentiments in November-December and have since rationalised,” said Wak...
Mattress maker Peps on the block for $130-150 millionLargely a player focused on the south Indian market, Peps is expanding to the northern market this year. In a release last month, marking i...
Startups to remain attractive for jobseekers despite hiccups, say expertsIndustry insiders told ET that astronomical hikes to attract talent may likely see some correction in the coming quarters, but the sector i...
Soonicorns building up executive muscleOffer sweetened deals to draw in senior leaders amid expansion, launches and listing plans.
Wakefit.co lands Rs 185 crore funding led by Verlinvest, Sequoia; valuation hits Rs 1,900 croreThe startup will now look to double down on reaching Indians in Tier II and Tier III markets.
Investors double down on direct-to-consumer brandsThe rising investor interest in the space comes as D2C brands across sectors like fashion, beauty & personal care, food & beverages and ele...