Funding winter for startups likely to thaw this year
The new year will likely see a flurry of investors coming in to back companies, and funding rounds of Series A and beyond are likely to gain traction
Stay updated with breaking news from First Cry. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The new year will likely see a flurry of investors coming in to back companies, and funding rounds of Series A and beyond are likely to gain traction
Branbee Solutions, also knows as FirstCry has filed DRHP with market regulator for its Rs 18.16 million IPO , , stock market, nifty, sensex, national stock exchange, retail investors, Intraday, IPO launch, First Cry, Brainbee Solutions
Discover the breakthrough age management solution on cell longevity
Japanese investment giant SoftBank is looking to partially exit from three startups which are aiming at an IPO next year - Ola Electric, Swiggy and First Cry. But its decision will depend on the size of the offer for sale pool in each of the companies. According to sources aware of the strategy, Softbank invested over $850 million collectively in these companies whose value conservatively would go up more than 4.3 times to around $3.7 billion, based on preliminary estimates of their projected valuation when they go public next year.
In conversation with Vinod Adnani, MD & CEO, Multiplex International LLC