Tuesday, May 21, 2024
Outlook India
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Startup News

Le Travenues Technology's Initial Public Offering (IPO) will be a combination of a fresh issue of equity shares worth Rs 120 crore and an Offer For Sale (OFS) of 6.66 crore equity shares by existing shareholders.

Under the Zero Commission model, Rapido plays no role in deciding the price point, making the service transparent and inclusive for all stakeholders.

According to court filings, Byju's Alpha Inc has total assets between $500 million and $1 billion, with listed liabilities ranging from $1 billion to $10 billion

Spanning over 30,000 square feet, the newly established facility enables Pixxel to optimise the satellite production workflow, covering the entire process from conceptualization to launch

This is the second attempt by the Gurugram-based firm for the public issue following its first attempt in July 2021

Corporate Capital Ventures is the sole book-running lead manager, while Skyline Financial Services is the registrar for the issue

SCOPE has partnered with 20,000 angel investors, 7000 VCs, 200 Family Offices, and facilitated funding for over 400 start-ups

Prominent investors who participated in the round were Murex Partners and DS & Partners notable investments include South Korean tech unicorns such as Musinsa, Market Kurly, and Yanolja

ARC Electric claims that it is on track to become India's top B2B service provider in the next fiscal year

TiE Silicon Valley has started the process of mentoring and helping Indian Start-ups to set up their foothold in the US