Groww, India’s largest retail stockbroker, is preparing to file for an IPO in 10 to 12 months, seeking a valuation between $6 billion and $8 billion, sources familiar with the matter told TechCrunch. The Bengaluru-headquartered’s listing would be the first IPO by a digital trading platform in India. The targeted valuation is more than double […]
Vahe Kuzoyan, left, and Ara Mahdessian, the founders of ServiceTitan. ServiceTitan ServiceTitan, a provider of cloud software to contractors, priced its IPO at $71 a share on Wednesday, above the expected range. The company is set to debut on the Nasdaq on Thursday under ticker symbol “TTAN.” ServiceTitan previously raised its price range to between […]
The November elections ushered in a new administration and a Republican sweep of the federal government with the party winning the White House, House of Representatives, and the Senate. Investors, investment bankers, and private equity have viewed the change in Washington as heralding a possible improvement in both mergers and acquisitions (M&A) activity as well […]
By Aditya Kalra and Kane Wu NEW DELHI/HONG KONG (Reuters) – Indian billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and plans to launch his retail unit’s IPO much later, two people familiar with the matter told Reuters. Reliance Industries’ boss Ambani hasn’t […]
Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering. The new backers are: China Telecom — one […]
A walkway with sign of subway line in a Tokyo subway station. Bruce Yuanyue Bi | The Image Bank | Getty Images Shares of Japanese subway operator Tokyo Metro rose almost 45% Wednesday after a stellar IPO. The company had raised 348.6 billion yen ($2.3 billion) in the largest initial public offering in Japan in […]
