IPO
People
Zomato's Deepinder Goyal donates entire $90 mn of vested ESOPs
Deepinder Goyal, online food aggregator and delivery platform Zomato’s co-founder and chief executive officer said he is donating entire proceeds ......
Finance
LIC's shares subscribed 100% on second day of IPO
The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - reached the milestone ......
TMT
Delhivery IPO worth Rs 5,235 cr opens on May 11
Delhivery, the SoftBank-backed logistics unicorn, plans to raise ₹5,235 crore next week through an initial public offering, a sign of ......
Finance
Strong start for LIC on day 1 of IPO
The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - witnessed a strong ......
TMT
Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions
Logistics unicorn Delhivery has pruned its initial public offering (IPO) by around 30% to Rs 5,235 crore ($686 million) from ......
Infrastructure
HDFC Capital invests Rs 400 cr in realty developer Signature Global
Affordable housing developer Signature Global has raised Rs 400 crore from existing investor HDFC Capital Affordable Real Estate Fund 3 ......
TMT
Turtlemint aims to achieve profitability in 18-24 months before IPO: Co-founder
Last week, Turtlemint Insurance Services Pvt Ltd, which runs insurtech platform Turtlemint, raised $120 million in a Series E funding ......
Manufacturing
GEF Capital marks first exit from its two-year old bet
India clean energy-focused private equity (PE) fund manager GEF Capital Partners has marked its first exit from an investment made ......
Finance
IFC makes debt investment in Blackstone-backed housing finance firm
International Finance Corporation (IFC), private investment arm of the World Bank, has proposed to make a debt investment of up ......
Finance
Biz2Credit sharply cuts pre-IPO fund raising target owing to market volatility
SME fintech lending platform, Biz2Credit has sharply pared its pre-IPO fund-raising target to $150-200 million (Rs 1,147-1,529 crore) compared to ......