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NUBANK IPO VALUATION
Slice eyes $50-100 million funding at lower valuation, sharpens digital bank pitchThe small finance bank has held discussions with VC funds and other investors at a time when fintech sector has come under increasing regul...- Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
- Regulators realising fintechs are here to stay: QED’s Nigel MorrisFintechs are no longer scrappy outsiders. They’re scaling faster than traditional players and increasingly, regulators are recognising them...
- Zepto founder on $5-bn valuation, IPO plans & how quick commerce is creating more jobs than Indian RailwaysZepto CEO Aadit Palicha envisions quick commerce as a massive job creator, surpassing even Indian Railways. He refutes claims of harming lo...
- Fintech regulations to help those who follow rules: QED’s Nigel MorrisNigel Morris, cofounder and managing partner at QED Investors, spoke to ET about the recent clampdown by India's central bank across variou...
- Brazil's Nubank said to weigh a reduction in IPO valuationNubank had earlier this month said it aimed to raise nearly $3 billion at a valuation of more than $50 billion. That’s $12 billion more tha...
- QED, Sequoia and Tiger circle Jupiter; Carlyle, others to dilute stakes in Delhivery IPOIndia's neobanks, like all other tech startups, have been on a roll in 2021.
- IPO-bound Oyo's legal troubles; UPI booms againA legal challenge from former rival Zostel, relating to a botched acquisition in 2015, threatens to disrupt Oyo's IPO plans.
- Buffett-backed Nubank to seek IPO valuation of over $55 bn: SourcesIn a recent funding round led by Warren Buffett's Berkshire Hathaway Inc, Nubank was valued at $30 billion. With 40 million clients in Lati...
- ETtech Deals Digest: Two unicorns, and a whole lotta fundingBharatPe and Mindtickle became startup unicorns this week with funding from Tiger Global and SoftBank, respectively. Neobank Jupiter made a...
- Startup founders write to PM ModiThe who’s-who of India’s startup ecosystem, including founders and investors, have urged the government to allow Indian companies to direct...
- Flipkart could face huge fine; Jupiter raises $45MFlipkart, Binny Bansal and Sachin Bansal, as well as Tiger Global may get fined Rs 10,000 crore. Neobank Jupiter has raised $45 million fro...
- NerdWallet, a personal finance startup, said to file for US IPONerdWallet has hired a group of investment banks, led by Morgan Stanley, to arrange the IPO and is aiming to go public before the end of th...
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