IPO Season Just Got a Lot More Exciting as Ola Electric and FirstCry, backed by SoftBank, set to file IPO papers next week. Read More>>
Source: Moneycontrol
FirstCry aims to raise $500 million in IPO, with 60% as the offer for sale (OFS) component. IPO likely post the 2024 general election.
Source: Moneycontrol
MEMG Family Office, Sharrp Ventures, and DSP family office invest Rs 435 crore in FirstCry. Pune-based startup eyes IPO post Nykaa's listing in 2021.
Source: Moneycontrol
SoftBank remains optimistic, with 92% of its portfolio having a cash runway of over 12 months. Companies adapt to capital-efficient growth strategies.
Source: Moneycontrol
Ola Electric gears up for an IPO in early 2024. Kotak Mahindra Capital and Goldman Sachs onboard for the offering. Recent funding round of Rs 3,200 crore closed.
Source: Moneycontrol
Ola Electric reports a significant revenue surge of 510% in FY23 but faces a widened net loss of Rs 1,472 crore. Funds to fuel EV business expansion.
Source: Moneycontrol