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Why upcoming startup IPOs look stronger than their predecessors

TMT

09 April, 2025

Why upcoming startup IPOs look stronger than their predecessors

India’s next wave of venture-backed startups preparing to go public appear better positioned financially than those from the 2021 and ......

Peak XV-backed Pine Labs targeting IPO in second half of 2025

TMT

18 March, 2025

Peak XV-backed Pine Labs targeting IPO in second half of 2025

Indian fintech firm Pine Labs is planning a domestic initial public offering in the second half of 2025 and is ......

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Grapevine: Rohan Misra's Gravity raises $150-mn fund; JioStar to lay off staff

Finance

06 March, 2025

Grapevine: Rohan Misra's Gravity raises $150-mn fund; JioStar to lay off staff

Rohan Misra, son of former SoftBank Vision Fund CEO Rajeev Misra, has raised around $150 million for his new investment ......

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Grapevine: EQT, Manipal Hospitals, Sahyadri Hospitals, PhonePe, Nuvama in news

General

28 February, 2025

Grapevine: EQT, Manipal Hospitals, Sahyadri Hospitals, PhonePe, Nuvama in news

Private equity firm EQT and Manipal Hospitals have initiated talks for a stake in Sahyadri Hospitals from a Canadian pension ......

Walmart-backed PhonePe prepares for stock market debut

TMT

20 February, 2025

Walmart-backed PhonePe prepares for stock market debut

Walmart-backed Indian fintech firm PhonePe is beginning preparatory steps for a public listing on the country's stock exchanges, the company said ......

PhonePe continues to earn nearly entire revenue from payments business

TMT

21 October, 2024

PhonePe continues to earn nearly entire revenue from payments business

Walmart-owned financial services firm PhonePe, last valued at about $12 billion, continued to derive around 95% of its operating revenue from ......

TVS Capital appoints former McKinsey exec as partner

People

11 September, 2024

TVS Capital appoints former McKinsey exec as partner

Private equity firm TVS Capital Funds (TCF), which has invested in the likes of GoDigit, PhonePe, and InsuranceDekho, has roped ......

PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable

TMT

26 August, 2024

PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable

Walmart-owned digital payments firm PhonePe’s revenue rose 74% year-on-year in the financial year ended March 2024, aided by the company’s ......

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How India's top-funded startups curbed cash burn as VC funding slowed

TMT

09 April, 2024

How India's top-funded startups curbed cash burn as VC funding slowed

India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......

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Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

TMT

03 April, 2024

Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......

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