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CULT.FIT IPO SIZE
Cult.fit IPO: Fitness company files draft IPO papers to raise Rs 950 crore via fresh issueCult.fit has filed draft papers for an IPO to raise up to Rs 950 crore through a fresh share issue, while existing investors will sell up t...- Cult.fit files papers for Rs 3,500-4,000 crore IPO; fresh issue at Rs 950 croreThe IPO will comprise a fresh issue of shares worth Rs 950 crore and an offer for sale of up to 178.6 million shares by existing investors ...
- Zomato-Paytm ticketing deal; Oyo’s Rs 1,000-crore fundingZomato is looking to strengthen its ‘going-out’ business with the acquisition of Paytm’s ticket booking and events business. Details on thi...
- Amazon Pay secures payment aggregator licence; Krutrim AI’s chatbotAmazon Pay has received a payment aggregator licence from the Reserve Bank of India (RBI). This and more in today’s ETtech Top 5.
- Byju’s rights issue at $500 million valuation; what’s hurting cloud kitchens?Happy Wednesday! Beleaguered edtech major Byju’s finally filed its much-delayed audited FY22 results with the Registrar of Companies. It’s ...
- Mamaearth, Cult.fit snap up offline firms; Jio Platforms to bet $200M on GlanceWhile it may be too early to call it a trend, these aren’t the first tech startups to acquire old-school firms since the start of the pande...
- India at Crypto CrossroadsThe crypto chaos triggered by a Lok Sabha bulletin last week has given way to speculation on what India’s Cryptocurrency Bill—to be tabled ...
- SoftBank’s Son bets big on India; Curefit raises $145 millionSon’s remark signals the Japanese conglomerate’s commitment to funding Indian companies in the future.
- NFTs and their uses beyond artNon-fungible tokens, or NFTs, can be used for much more than just certifying digital art pieces and collectibles. In fact, using NFTs only ...
- Falguni Nayar on Nykaa's bumper listing; Zomato's Q2 resultsAfter a stellar listing on Wednesday, the company was worth more than Rs 1 lakh crore and Nayar's personal fortune ballooned to around Rs 5...
- Sony gets on the gravy train; Tata's online warchestSony, which launched its Innovation Fund five years ago to invest in seed to early-stage startups worldwide, is now setting up a venture ca...
- Elizabeth Holmes, and the story of TheranosElizabeth Holmes, who dropped out of college to launch a blood-testing company Theranos and was once touted as the next Steve Jobs, faces u...
- World War SocialWe revisit the grandfather of social media controversies, and two more recent clashes between governments and big tech.
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