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PhonePe is planning a big IPO in India, aiming to raise up to $1.5 billion, but the exact launch date hasnโt been announced yet ๐. The IPO is expected sometime in 2025, with details like price band and lot size still pending. Are you thinking about investing in it or just curious about the launch?
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PhonePe is set to launch its IPO, showcasing impressive revenue growth of 74% year-on-year, reaching INR 5,064 crore in FY24. With a 50% market share in India's UPI transactions, it faces competition from Google Pay and Paytm. While the company's lea
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Indian electric scooter manufacturer Ather Energy is aiming to raise approximately $530 million through its initial public offering (IPO), as outlined in its draft prospectus filed on Monday. The Bengaluru-based startup plans to capitalize on the inc
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๐ซ๐ถ๐ฎ๐ผ๐บ๐ถ ๐ฎ๐ป๐ฑ ๐ฃ๐ต๐ผ๐ป๐ฒ๐ฃ๐ฒ ๐๐ถ๐๐ฟ๐๐ฝ๐ ๐๐ป๐ฑ๐ถ๐ฎโ๐ ๐๐ฝ๐ฝ ๐ฆ๐๐ผ๐ฟ๐ฒ ๐๐ฐ๐ผ๐๐๐๐๐ฒ๐บ ! โข PhonePe announced a multi-year partnership with Xiaomi India to integrate the Indus App Store into all Xiaomi India smartphones in India, replac
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Japan-based investment giant Softbank has reportedly fully exited Vijay Shekhar Sharma-led Paytm in the June quarter at a massive loss of around $150 million (or about Rs 1,250 crore), PTI reported. Notably, the Masayoshi Son-led firm invested arou
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Apple Delays Smart Home Hub Launch Due to Siri Development Issues Appleโs highly anticipated smart home hub has been delayed, primarily due to setbacks in developing a more advanced version of Siri. According to Bloomberg's Mark Gurman, the upgraded
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Spacetech startup Sisir Radar raises $1.5 Mn in seed round Spacetech startup Sisir Radar, which builds Synthetic Aperture Radar (SAR), has raised $1.5 million in its seed round led by Shastra VC. The round also saw participation by Riverwalk Holding
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