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SBI FUNDS MEESHO
The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leadersIndian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Le...
5 mutual funds add 8 midcap stocks to their portfolios in March. Here are the detailsFive mutual funds added eight midcap stocks to their portfolios in March, signaling selective accumulation as valuations turned attractive ...
Big burst of new-age startup IPOs lined up for 2026; issues worth Rs 50,000 crore plannedIndia’s new-age IPO pipeline for 2026 is already taking shape, with a crowded slate of consumer internet and tech companies lining up for t...
Amazon ups India ante; Swiggy QIP in demandHappy Thursday! Amazon is keen on quick commerce as it doubles down on its India bets. This and more in today’s ETtech Morning Dispatch.
Meesho lists today: Key subscription details, GMP trends and financialsMeesho’s Rs 5,421-crore IPO, subscribed 79 times, is set to list on December 10 with strong grey-market interest. Investors have shown heav...
Adani Enterprises Rs 25,000 cr rights issue sees strong demand surge; RE price jumps 23% in 2 sessionsAdani Enterprises’ Rs 25,000 crore rights issue is seeing strong traction, with nearly half the bids coming in just two days. The Rights En...
Meesho’s 79X IPO subscription one of highest among new-age companiesQIBs bid for more than 120 times the shares of the ecommerce marketplace allocated to them, while retail investors subscribed to the book 1...
The Sanchar Saathi U-turn; Meesho IPO off to a flying startIn a volte-face, the telecom ministry has withdrawn the controversial directive mandating that Sanchar Saathi be preloaded on new smartphon...
Meesho protest: Why Samir Arora and Sandip Sabharwal are unhappy with how IPO anchors are chosenSeveral global and domestic funds withdrew from Meesho's anchor book, citing dissatisfaction with share allocation, particularly SBI Mutual...
Fintechs back on VC radar; Cyber insurance in demandHappy Wednesday! Venture capital is once again flowing fintechs’ way. This and more in today’s ETtech Morning Dispatch.
FIs exit Meesho anchor allotment, allege unfair SBI MF allocation in IPOCapital Group, Norges Bank Investment Management, ICICI Prudential Mutual, and Nippon India Mutual were among the funds that opted out of t...
Meesho IPO: Tech firm raises Rs 2,440 crore from marquee anchors including BlackRock, Fidelity and SBI MFMeesho has successfully garnered Rs 2,440 crore from 125 anchor investors ahead of its IPO debut. Shares have been priced at Rs 111 each. T...
Meesho raises Rs 2,439 crore from anchor investors ahead of IPOEcommerce platform Meesho has secured Rs 2,439 crore in a pre-IPO anchor allotment. This funding comes ahead of its public issue opening on...
Govt's 'Big Brother' app under fire; Meesho IPO faces investor heatA government diktat to check cyber fraud sparked privacy and overreach concerns. This and more in today's ETtech Top 5.
Meesho faces investor protest over anchor allotment to SBI FundsMeesho's anchor book faced investor withdrawals after a significant allocation to SBI Funds Management, prompting other large funds to exit...
Meesho eyes $6 billion valuation with December 3 IPO; check price bandMeesho is targeting a $6 billion valuation as it prepares for a December IPO. The e-commerce firm is also in talks with SBI Funds for a pre...
BharatPe CFO Nalin Negi to become interim CEO; Satya Nadella all praise for India’s digital infrastructureBharatPe CEO Suhail Sameer, who had a fallout with ousted cofounder Ashneer Grover last year, is set to step down from his post this week. ...
OneCode has raised $13 million in fresh funding led by General CatalystThe company will use the capital to invest in hiring across functions and accelerate its product and technology development. The company al...
Neobank Open raises $100M; Swiggy's social sideIndia’s neobanking startups raised $33.2 million between them in a pandemic-hit 2020. Today we report that the neobank Open has raised more...
SBI hikes home loan rate to 6.95% effective from April 1