From TechCrunch
By Manish Singh
November 7, 2023
Shares of Honasa Consumer, the parent firm of direct-to-customer beauty and personal care Mamaearth, jumped slightly in a key public listing watched by many Indian startups as they evaluate their own initial public offerings. Mamaearth, a seven-year-old company that has seen a surge in the demand of its products after the pandemic, climbed to 337.60 […]
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ADIA, Norges among anchor backers in Mamaearth’s $92M raise ahead of IPO
Honasa Consumer, the parent firm of skin and personal care brand Mamaearth, has raised about $92 million in an anchor round ahead of its initial public offering starting Tuesday in a major boost to the Indian startup that in many ways is testing the current appetite of the local public markets. A group of over […]
Oct 30, 2023
Swiggy’s public debut will test India’s appetite for $1B+ IPOs
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Nov 11, 2024
Swiggy’s IPO is fueling India’s food delivery and quick-commerce wars
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India’s second-largest IPO this year. The closely watched listing makes the company a direct comparable for what analysts have long considered the benchmark Indian internet stock: Zomato. The listing of the 10-year-old Bengaluru-headquartered firm marks a milestone for India’s startup ecosystem, where several firms are eyeing similarly large public offerings in the next 24 months. It’s also
Nov 12, 2024
SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing
Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers and no sales from big names such as SoftBank and Prosus, signaling investor conviction in India's booming online retail market at a time when tech shareholders globally have been cashing out at listings.
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