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Zomato's IPO playbook


Zomato s IPO playbook
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This is Samidha. After its hugely successful IPO last week,
Zomatomade a bumper debut on Dalal Street on Friday (July 23). The stock closed at Rs 125.85 on the Bombay Stock Exchange, 65.59% higher than the issue price.
I delved into the various factors from meticulous planning to perfect timing that made Zomato’s journey to the public markets a hit.
On Sept. 12, 2020, Deepinder Goyal, Zomato’s founder and CEO, wrote an email to employees, which seemed more like an update on their fundraise.
But somewhere in the middle of that email, he said the food-delivery and restaurant-discovery platform was on course to tap the public markets by mid-2021. For the first time he had given a specific timeline for the IPO. ....

United States , Deepinder Goyal , Byju Raveendran , Suhail Sameer , Jaspal Bindra , Hari Menon , T Rabi Sankar , Ashwin Manikandan , Ashneer Grover , Digbijay Mishra , Central Bank Digital Currency , Centrum Group , Carlyle Group , Ant Group , Information Technology , Competition Commission Of India , Sequoia Capital , Ali Baba Group , Bombay Stock Exchange , Dalal Street , Sanjeev Bikhchandani Founded Infoedge , Tiger Global , San Francisco Based , Southeast Asia , North America , Bain Capital ,

BharatPe banks on engineers


BharatPe banks on engineers
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In June, a three-year old fintech startup won a rare banking licence from the RBI a prize that has eluded many of India’s biggest business barons.
BharatPe now plans to launch India’s first merchant-focussed bank in the next three to four months. We spoke to several experts to make sense of the company’s foray into traditional banking.
Also in this letter:
Why IT services firms are on a hiring spree
Govts need to hold
(L-R) BharatPe cofounder Ashneer Grover, Centrum Group chairman Jaspal Bindra, BharatPe group president Suhail Sameer ....

Noord Brabant , Roshni Malhotra Nadar , Kamal Karanth , Rana Kapoor , Bharatpe Paytm , Nirmala Sitharaman , Bhavik Koladiya , Ashneer Grover , Ashwini Vaishnaw , Deepinder Goyal , Lok Sabha , Suhail Sameer , Shashvat Nakrani , Jaspal Bindra , Shiv Nadar , Ashok Kapur , Harkirat Singh , Axis Bank , Bank Or Rana Kapoor , Amazon Web Services , Aakash Educational Services , Indian Institute Of Science Iisc , Centrum Group , Shiv Nadar Foundation , National Payments Corporation Of India , Prudential Financial ,

bharatpe: Making sense of BharatPe's banking foray


Synopsis
The story of how BharatPe, a three-year-old fintech startup, partnered 44-year-old NBFC Centrum Finance to acquire a banking licence and make a play for the troubled PMC Bank has more to it than meets the eye.
ETtech
(L-R) BharatPe cofounder Ashneer Grover, Centrum Group chairman Jaspal Bindra, BharatPe group president Suhail Sameer
Mumbai | Bengaluru:BharatPe’s
proposed joint venture with non-banking financial company Centrum Finance to set up a small finance bank and acquire troubled Punjab and Maharashtra Co-operative (PMC) Bank is a landmark event for fintech players harbouring banking ambitions.
The deal, however, has not been easy to stitch up. ....

Bhavik Koladiya , Jaspal Bindra , Gautam Kaushik , Ashneer Grover , Suhail Sameer , Shashvat Nakrani , Wadhawan Group , Standard Chartered Plc Asia , Centrum Group , Payments Bank , Infrastructure Ltd , Housing Development , Centrum Finance , Maharashtra Co Operative , Reserve Bank , Deposit Insurance Scheme , Resilient Innovations , Yes Bank , Standard Chartered Plc , Tiger Global , Payback India , Parth Joshi , பாவிக் கோலாடியா , ஜஸ்பால் பின்ற , கௌதம் கௌஷிக் , சுஹைல் அதே ,