Food and grocery delivery company Swiggy has filed draft documents for an initial public offering with capital markets regulator Securities and Exchange Board of India, people aware of the matter said.The Bengaluru-based company, which earlier this week secured shareholders’ approval for a Rs 10,400 crore ($1.25 billion) public issue, has made the filings through Sebi’s confidential route. Draft red herring prospectuses (DRHPs) filed under the confidential facility need not be released in the...
ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg reported Friday (April 19), citing unnamed sources. The firm has tapped J.P. Morgan Chase to lead its IPO and is also working with Citigroup, according […]
Although the IPO market has been heating up, the upcoming election could reduce the number of public offerings seen before 2025.
Viking Holdings Ltd. priced its initial public offering near the top of a
Viking Holdings Ltd. priced its initial public offering near the top of a marketed range to raise $1.54 billion for the luxury cruise operator and two investors.
TechCrunch recently broke the news that Elon Musk’s xAI is raising $6 billion at a pre-money valuation of $18 billion. The deal hasn’t closed yet, so the numbers could change. But it sounds like Musk is making an ambitious pitch to investors about his 10-month-old startup — a rival to OpenAI, which he also co-founded […] © 2024 TechCrunch. All rights reserved. For personal use only.
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with publicly-listed Zomato and StepStone Group-backed unicorn Zepto, plans to raise $450 million through issuance of […] © 2024 TechCrunch. All rights reserved. For personal use only.
"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Stéphane Boujnah said.
The $5.1 billion Shopify Capital has given to entrepreneurs has removed the obstacles placed by traditional banking system that limit growth.
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of the central bank — a constant thorn in the side of the former president —
Over the decades since Walt Disney opened his first theme park in 1955, the company's tourism business has ballooned to an enterprise worth tens of billions in yearly sales, with sprawling locations in Anaheim, Orlando, Paris, Shanghai, Hong Kong and Tokyo. Today, the Burbank entertainment giant is doubling down once again. Disney plans to invest $60 billion over 10 years into its so-called experiences division, which includes the theme parks, resorts and cruise line, as well as merchandise. In...
Cronos (CRO) traded 1.1% lower against the U.S. dollar during the twenty-four hour period ending at 16:00 PM ET on April 30th. Cronos has a market capitalization of $3.39 billion and approximately $53.11 million worth of Cronos was traded on exchanges in the last 24 hours. One Cronos coin can currently be bought for $0.13 […]