🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
AirAsia chief to scout for more fundraising after SPAC listing
Livemint
·
1y ago
Medial
AirAsia CEO Tony Fernandes plans to seek additional funding in Southeast Asia's equities markets after the company's planned SPAC listing in the US later this year. Fernandes mentioned possible options for fundraising, such as revisiting plans for an IPO of aviation assets in the Philippines and doing a share placement in Indonesia. He also expressed intentions to eventually list nonaviation units. AirAsia, Southeast Asia's largest budget carrier, aims to recover from the pandemic and expand globally, with plans to fly to major destinations worldwide. The company's future success depends on the recovery of air travel and operational improvements across Asia.
View Source
Related News
Shein steps up London IPO preparations amid US hurdles to listing
Economic Times
·
1y ago
Medial
Shein, the fast-fashion retailer, is reportedly preparing for a London listing after facing obstacles for its planned IPO in the US. The company, valued at $66 billion in a fundraising round last year, has engaged with financial and legal advisors in London and has approached London-based fund managers. While the US IPO plan is still being considered, Shein is looking to file with the London Stock Exchange as early as this month. It may also pursue a secondary listing in the US at a later date.
View Source
Budget airline AirAsia gets $443 Million private credit funding to refurbish planes grounded during pandemic | Mint
Livemint
·
11m ago
Medial
Budget carrier AirAsia has secured a $443 million dual-tranche private financing deal to partially fund the refurbishment of grounded planes. Private credit funds Ares Management and Indies Capital Partners provided a $200 million tranche for the refurbishment, while aircraft lessors provided the remaining $243 million to refinance lease liabilities. The financing is structured as privately-placed bonds linked to revenue, secured by the sale of future airline tickets. AirAsia has previous experience with private credit, having raised $100 million in April 2023 for its maintenance affiliate Asia Digital Engineering.
View Source
Retail trading platform eToro targets $4 billion valuation in US IPO
Economic Times
·
3m ago
Medial
Israel's eToro Group plans to go public in the United States with a target valuation of up to $4 billion. The retail trading platform aims to raise $500 million by offering 10 million shares priced between $46 and $50 each. This move follows improved stock market conditions. eToro, which allows trading in stocks and cryptocurrencies, previously planned a public listing via a SPAC merger. With over 40 million users, it will list on Nasdaq under the symbol ETOR.
View Source
Virtual reality startup Immersed to go public via SPAC deal
Economic Times
·
2y ago
Medial
Immersed, a virtual reality startup, is set to go public through a Special Purpose Acquisition Company (SPAC) deal. This move highlights Immersed's strategic approach to entering the public market, utilizing the SPAC route for its initial public offering (IPO). The decision reflects the company's ambition to tap into investor interest and capitalize on the growing demand for immersive technology solutions.
View Source
Meta releases two Llama 4 AI models
The Verge
·
2m ago
Medial
Meta has unveiled its Llama 4 AI models, comprising Llama 4 Scout and Llama 4 Maverick, claiming superior performance over counterparts from OpenAI and Google across numerous benchmarks. Llama 4 Scout is noted for its efficiency, operating within a single Nvidia H100 GPU. Meanwhile, Llama 4 Behemoth, currently in training, boasts advanced parameters expected to outperform competitors. Meta's "mixture of experts" architecture optimizes resource use, though licensing restrictions challenge its open-source label.
View Source
SEBI plans tighter rules for listing of small businesses
VCCircle
·
1y ago
Medial
India's securities regulator, the Securities and Exchange Board of India (SEBI), plans to tighten rules for the listing of small and medium enterprises (SMEs) on public exchanges. The proposed changes include raising the minimum size of public offers to INR 300 million-500 million ($3.59 million-$5.99 million) and introducing more disclosure requirements. The move comes after complaints of misuse of the separate listing platform for SMEs, as some companies allegedly used funds for purposes other than specified and manipulated financial statements. The new rules are expected to be issued later this year after consultations with stakeholders.
View Source
Vodafone Idea board to consider ₹20,000 cr fundraise in 6 April meet
Livemint
·
1y ago
Medial
The board of directors of Vodafone Idea is set to consider issuing equity or convertible securities worth up to ₹2,075 crore on a preferential basis to one or more promoter group entities. This move comes after the shareholders approved a proposal to raise ₹20,000 crore through issuing securities. The telecom company plans to complete the equity fundraising by the end of June, which will be followed by raising debt, aiming for a total funding target of up to ₹45,000 crore. This fundraising is crucial for Vodafone Idea to commence 5G services.
View Source
Ahead of IPOs, new-age firms look to fill leadership roles in critical areas
Economic Times
·
6m ago
Medial
New-age companies gearing up for IPOs are hiring seasoned professionals in leadership roles to navigate public listing complexities. Firms like Captain Fresh, Lenskart, and Flipkart are boosting finance, legal, and compliance teams, offering lucrative packages with stock options. CFOs are highly sought after, especially by startups re-pivoting IPO plans from the US to India. Roles like chief AI officer are becoming crucial. The aim is to strengthen governance, enhance transparency, and uphold investor confidence.
View Source
India's IPO fundraising set for landmark year 2024: report
Economic Times
·
8m ago
Medial
Fundraising through IPOs in India is expected to have a successful year in 2024, driven by economic growth, favorable market conditions, and regulatory improvements. As of December 3, 298 companies have gone public, raising a combined amount of Rs 1.4 trillion rupees. This marks a 22% increase in IPO count compared to 2023, with fundraising volumes jumping by 140%. The NSE and BSE stock exchanges have seen significant gains, supported by India's strong economic prospects. Additionally, 85 companies are currently in the listing process, with 40 already approved for IPOs.
View Source
Cremica eyes fundraise as investor plans exit
Livemint
·
1y ago
Medial
Packaged foods and condiment maker Cremica Foods Industries Ltd is looking to raise ₹500 crore from new investors to expand into new product categories and provide an exit opportunity for early investors. The company is in talks with potential investors and has appointed an investment banker to handle the fundraising process. Cremica Foods supplies condiments to fast food chains and also has a branded foods business. The capital raised will be used to enter new categories such as pickles, beverages, and snacks. The company is aiming for a public market listing within 12 months of the fundraising.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
