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Mamaearth’s current valuation of Rs 10,423 crore (around $1.25 billion) is unchanged from what it commanded during its fundraise in January 2022.
POKKT said, India is a very important market for us, and we are committed to exploring both organic and inorganic growth opportunities in the region.
India has tightened scrutiny of IPO-bound firms by questioning how key internal business metrics are used to arrive at valuations, unsettling bankers and companies which fear delays in listing plans, sources with direct knowledge told Reuters.
Paytm has received market regulator Sebi's approval for its Rs 16,600 crore initial public offer.