Qualcomm Ventures, PhonePe, reward Mapmyindia co-founder with discounted shares ahead of IPO
Advertisement

Qualcomm Ventures, PhonePe, reward Mapmyindia co-founder with discounted shares ahead of IPO

By Ankit Agarwal

  • 08 Dec 2021
Premium
Qualcomm Ventures, PhonePe, reward Mapmyindia co-founder with discounted shares ahead of IPO
Credit: 123RF.com

Qualcomm Ventures, Flipkart unit PhonePe, and Japanese mapmaker Zenrin, have sold a portion of their shares in Mapmyindia to a co-founder for less than one tenth the initial public offering (IPO) price, as a reward for meeting targets and also to bolster the promoter holding, two persons familiar with the ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News