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SoftBank-backed Ola Electric jumps 20% after flat debut

Manufacturing

09 August, 2024

SoftBank-backed Ola Electric jumps 20% after flat debut

Ola Electric Mobility's shares surged 20% on their Mumbai trading debut on Friday, valuing the company at $4.8 billion, as ......

SoftBank, TPG-backed FirstCry gets $3.4 bn in bids for $501 mn IPO

Consumer

08 August, 2024

SoftBank, TPG-backed FirstCry gets $3.4 bn in bids for $501 mn IPO

Indian baby products retailer FirstCry's $501 million IPO overcame a sluggish start to garner bids worth $3.36 billion at close ......

Ola Electric IPO fully subscribed on second day amid major decline in global equities

Finance

05 August, 2024

Ola Electric IPO fully subscribed on second day amid major decline in global equities

Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target ......

SoftBank-backed Ola Electric's IPO attracts $2 bn of bids from big institutions

TMT

02 August, 2024

SoftBank-backed Ola Electric's IPO attracts $2 bn of bids from big institutions

Ola Electric's IPO drew bids worth over $2 billion from institutions ahead of its opening for retail investors, with shares ......

Pro
SoftBank set for benchmark returns busting exit with its smallest India bet

TMT

01 August, 2024

SoftBank set for benchmark returns busting exit with its smallest India bet

Japanese technology investment goliath SoftBank, which has been on an exit spree from over half a dozen venture capital and ......

SoftBank-backed FirstCry targets $2.9 bn valuation in IPO

Consumer

01 August, 2024

SoftBank-backed FirstCry targets $2.9 bn valuation in IPO

Indian retailer FirstCry is seeking to raise up to $501 million in an initial public offering (IPO), valuing the company as much ......

Premium
FirstCry cuts fresh issue size in IPO as PE/VC investors change exit plans

Consumer

31 July, 2024

FirstCry cuts fresh issue size in IPO as PE/VC investors change exit plans

Softbank-backed baby products retailer FirstCry, which received regulatory approval for an initial public offering earlier this month after refiling its preliminary documents, ......

Premium
Ola Electric IPO: A few winners and many losers as PE/VC investors seek exits

Consumer

29 July, 2024

Ola Electric IPO: A few winners and many losers as PE/VC investors seek exits

US-based hedge fund and venture capital investor Tiger Global and VC firm Matrix Partners, which rebranded as Z47 earlier this ......

Premium
Grapevine: General Atlantic, KKR, EQT eye PE deals; FirstCry, Anthem in IPO news

General

29 July, 2024

Grapevine: General Atlantic, KKR, EQT eye PE deals; FirstCry, Anthem in IPO news

General Atlantic and KKR are among 4-5 private equity firms vying for a majority stake in Faridabad-based hospital chain Asian ......

SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes

TMT

25 July, 2024

SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes

India's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its ......