Markets & IPO

Accel, Tiger Global and Ribbit all cut the shares they plan to sell. The founders left theirs unchanged.

The company ran without a permanent CFO for nine months. It has also re-recruited an independent director who left the board in 2023.

The board is weighing a preferential issue or private placement. The loan book grew 61 per cent, which is the reason the IPO money has not lasted.

Ten deals accounted for 68 per cent of July's investment total. Exit value fell to $1.6 billion, and more than half of that was one fund selling to another.

Shareholders get $1.14 a share and keep 10%. The buyer is a one-day-old subsidiary of a phone-case group with a New Jersey factory still under renovation.

The SoftBank-controlled company is seeking $5 billion to $7 billion on Nasdaq. It has no operational data centres and lost $3.2 billion in the first half of the year.

The Chinese robotics firm listed in Hong Kong on Tuesday, raising up to $347 million on about $55 million of revenue. The margin curve explains why investors queued.

The fast-fashion retailer raised $1.74 billion at the midpoint of its range, about 73 per cent below its 2022 valuation. Hong Kong's appetite has moved elsewhere.

A listing in late September or early October would be the largest ever attempted. The prospectus must also explain what Anthropic's stated limits have already cost.

The NCLT cleared a plan settling ₹22,006 crore of claims for ₹6.5 crore. Lenders now say the family entities that voted it through should never have voted.

SoftBank's second Lenskart sale in two months landed 26% above its June price. Y Combinator and Qualcomm Ventures trimmed listed positions in the same fortnight.

The parent of Pernia's Pop-Up Shop drew 10 anchors led by ICICI Prudential ahead of its all-fresh-issue IPO. The luxury retailer remains loss-making with a negative net worth.

The MD and CEO told the board he did not want another term and wanted his successor to start clean. The board says it will fast-track the search.

The Hyderabad CRDMO's draft papers show FY26 revenue of ₹2,178.39 crore and 591 customers. Goldman Sachs and Quadria Capital are among its existing backers.

Nvidia has reportedly agreed to buy the open-source AI hub for $12.9 billion, roughly 86 times its revenue. Neither company has confirmed the deal, and the price reflects strategic position rather than financials.

The AI infrastructure firm backed by Greenko's founders placed a binding order for NVIDIA's latest systems for a Hyderabad AI factory. It is the first tranche of a stated $8 billion compute buildout.

The Y Combinator-backed diagnostics platform grew revenue 65% in FY26 while its loss widened to ₹146 crore. The company says its home market of Bengaluru is now EBITDA-profitable.

Ather Energy's operating revenue rose 89% year-on-year to ₹1,217 crore in Q1 FY27 and its loss narrowed to ₹51 crore. Expenses were almost flat against the previous quarter.

Urban Company's core marketplace reached its highest reported operating profitability while consolidated results swung to a loss. The quick-service vertical InstaHelp lost ₹131.58 crore on ₹11.11 crore of revenue.

FNP has set an end-2028 listing target and is guiding to 25% annual revenue growth. The same executive said in 2024 that the company would list in FY27.

Zepto and its investors are discussing a post-money IPO valuation of about $3 billion, less than half the mark set in October 2025. No decision on pricing or structure has been taken.

Turnover at BigBasket's consumer arm rose 7.7% in FY26 while losses widened 66%. The two entities together lost ₹3,175 crore, close to two-thirds of parent Tata Digital's net loss for the year.

Visage Lines Personal Care more than doubled operating revenue in FY26 and reported its first positive adjusted EBITDA. The figure is struck after adding back ESOP cost, and the company remains loss-making.

The board has cleared up to 3.5 lakh debentures of ₹1,000 each, to be placed privately in tranches. Terms including coupon, tenure and security remain undisclosed.

Blinkit contributed 77.5% of operating revenue under an inventory-led model that books the full value of goods sold. The 47% sequential fall in profit reflects a higher tax charge, not weaker operations.

As revenue climbs 196% to ₹17,292 crore, the newly restructured Eternal entity proves that the aggressive bet on quick commerce is fundamentally rewriting the unit economics of Indian retail.

Following a steep decline in gaming revenue and strict regulatory headwinds, the Dream11 parent company is leveraging its massive user base to challenge established discount brokers in the wealth management sector.