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Billionaire Mukesh Ambani is preparing for Reliance Jio's IPO, expected to raise Rs 35,000-40,000 crore, marking one of the largest IPOs in Indian history. Valued at $120 billion, the IPO is set for the second half of 2025. It will include both existing and new shares, along with a pre-IPO placement for select investors. Official confirmation is pending
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Reliance Jio is preparing for an IPO in 2025 to raise โน35,000-40,000 crore, marking one of India's largest public offerings. The Mukesh Ambani-led telecom giant, valued at $120 billion, will feature a mix of new and existing shares. A pre-IPO pla
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๐คฏReliance Jio is gearing up for a significant IPO, expected in 2025, with a potential valuation exceeding โน10 lakh crore (approximately $120 billion) . Analysts predict the IPO could raise around โน40,000 crore and may include both fresh shares and a
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In 2024, Zepto raised over $1.35 billion across multiple funding rounds, significantly boosting its valuation to $5 billion. Key rounds included $665 million in June and $350 million in November, marking it as a leader in the quick commerce sector am
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๐จ Zomato Exploring Cash Raise Through QIP! ๐จ I just came across an interesting developmentโZomato is considering raising funds via a qualified institutional placement (QIP), marking its first funding move since its IPO in July 2021. This comes as
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Mukesh Ambani is an Indian business magnate, chairman, and managing director of Reliance Industries Limited (RIL). Key Highlights: * Transformation of Reliance: Under his leadership, Reliance Industries has diversified significantly, expanding from
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Top News of the Day: 1. Spinny cuts FY24 net loss to Rs 590 crore; revenue up 14% on year to Rs 3,275 crore 2. Kenko Health Founder Alleges IRDAI Red Tape To Blame For Shutdown 3. Bajaj Broking and SBI Securities advise investors to consider subsc
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1. Key Startup Funding Highlights Of The Week - Indian startups cumulatively raised $185.8 Mn across 21 deals, a 49% increase from $125 Mn secured via 18 deals in the preceding week - Lightspeed, Peak XV and Elevation Capital backed multiple startu
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Top News of the Week 1. Funding - Enterprisetech unicorn Zetwork raised $70 Mn this week, closing the year with $90 Mn in fresh capital. The IPO-bound startup bagged fresh funds from Indigo cofounder Rakesh Gangwal, Khosla Ventures, Greenoaks, Aven
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Top News of the Day: 1. WhatsApp is introducing a new Event feature that allows users to organize meetings and gatherings within group chats. 2. The National Human Rights Commission (NHRC) has taken action after media reports surfaced about allege
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Top news of the Week: 1. Key Startup Funding Highlights Of The Week - While a mega deal materialised in the form of NBFC Finova Capitalโs Series E funding round in the final week of October, no deals worth over $100 Mn took place in the first week
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