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delhivery funding: Delhivery aims for pre-IPO funding at $3 billion valuation - Vimarsana News

delhivery funding: Delhivery aims for pre-IPO funding at $3 billion valuation

Synopsis This indicates an almost 50% higher valuation for the SoftBank-backed Delhivery in about three months, if a deal is concluded. (This story originally appeared in on Mar 17, 2021)New-age logistics major Delhivery is in talks with multiple global investors, including US-based Fidelity, for funding before its initial public offer (IPO) that would value the startup at around $3 billion, two people aware of the matter said. Delhivery was valued at a little over $2 billion after the secondary investment from Steadview Capital in December 2020, the sources added. This indicates an almost ...

ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train! - Vimarsana News

ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train!

ETtech Morning Dispatch on March 3, 2021: All aboard the tech IPO train! Want this newsletter delievered to your inbox? SUBSCRIBE We'll soon meet in your inbox. / Morning Dispatch Hi everyone, Samidha here. This year has been different for me as a reporter-editor who covers the technology and startup sector. In my many years, almost a decade now, of being on the inside track of this industry, I have always asked why startups (especially ones that have scooped up billions of dollars in investor capital) do not go public in India. Isn't that the holy grail for all venture-funded companies? I w...

PolicyBazaar IPO: Exclusive: PolicyBazaar rejigs cap table with a $45 mn round at $2.4 bn valuation - Vimarsana News

PolicyBazaar IPO: Exclusive: PolicyBazaar rejigs cap table with a $45 mn round at $2.4 bn valuation

Online insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a little over three months, ahead of an IPO planned at $3.5 billion valuation.

IIT-M entrepreneurship cell e-summit will begin on March 5 - Vimarsana News

IIT-M entrepreneurship cell e-summit will begin on March 5

Updated: Rana Daggubati, Mukesh Bansal are among speakers Share Article AAA Rana Daggubati, Mukesh Bansal are among speakers The entrepreneurship cell of the Indian Institute of Technology-Madras will host an e-summit from March 5 to 14. The summit will be held online and feature four conclaves, including one for start-ups. So far, 300 start-ups from across the country are participating. The Innovators’ Conclave has 2,000 registrations and 800 people have registered for the Growth Conclave. The Youth Conclave is expected to attract 1,000 attendees. The theme for this year’s summit is â€...

Rakesh Jhunjhunwala is bullish on Indian IT and Pharma, but not in favour of internet companies - Vimarsana News

Rakesh Jhunjhunwala is bullish on Indian IT and Pharma, but not in favour of internet companies

Ace investor Rakesh Jhunjhunwala says the Indian IT industry will be a world leader for a long long time to come and it will post profitable growth.