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Posts Tagged ‘ IPO ’

Uber still not ready for IPO, says CEO Travis Kalanick

Thursday, October 20, 2016 | More »

Uber Technologies Inc., the world’s largest cab-hailing service provider, is not yet ready for an initial public offering, co-founder and CEO Travis Kalanick has said. “I feel like we maybe just entered high school,” Kalanick told Vanity Fair at an event in San Francisco. “It’s the nin...


Jeevansathi.com turns profitable for the first time in 10 years

Online matrimony platform jeevansathi.com, run by Info Edge (India) Ltd, turned profitable at the operating level in the first quarter of 2016-17 for the first time in 10 years. The company credited increase in marketshare for the turnaround. The platform clocked in Rs 65 lakh in earnings before in...

14 October, 2016 | More »


Morgan Stanley, Goldman Sachs to be lead bankers for Snapchat’s IPO

Photo messaging service Snapchat is all set to hit the markets. With its initial public offering slated for March, Snap Inc, Snapchat’s parent, has shortlisted banks to lead and manage the exercise. Morgan Stanley and Goldman Sachs Group will lead the offering, a report by news agency Bloomberg ci...

13 October, 2016 | More »

Murugavel Janakiraman

90% of online wedding market is untapped, says Murugavel Janakiraman of bharatmatrimony.com

One of the earliest movers in the online matrimonial match-fixing space, Matrimony.com Pvt Ltd is all set for a listing in November. The company, which runs close to 300 matrimony and related online platforms including the flagship bharatmatrimony.com, is aiming to raise close to Rs 550 crore throug...

12 October, 2016 | More »

Bharatmatrimony IPO

Bharatmatrimony.com all set to get listed in November; plans to raise $83 mn through IPO

Matrimony.com Pvt Ltd, which owns Bharatmatrimony.com and a clutch of other matrimony related consumer internet platforms, is ready to get listed by November, says its founder and CEO Murugavel Janakiraman. The company had filed its draft red herring prospectus (DRHP) with India’s securities marke...

7 October, 2016 | More »

Jaspreet Singh-Milind Borate

From Pune to Sunnyvale, enterprise IT firm Druva’s journey to raising $118 mn

In the less flashy world of enterprise IT, public cloud data backup and recovery firm Druva Inc. has managed to turn the spotlight on itself in a rather short span of time. The company, which was founded in Pune eight years ago and is now based in the US city of Sunnyvale, on Wednesday announced [&h...

29 September, 2016 | More »


IIT-Kanpur alum Dheeraj Pandey’s Nutanix eyes $1.8 bn valuation in US IPO

US-based enterprise software company Nutanix Inc, co-founded by IIT-Kanpur alumnus Dheeraj Pandey, is gearing up for an initial public offering that could value the firm as much as $1.8 billion. The company aims to raise up to $209.3 million by selling shares in a $11-13 price range, The Wall Street...

20 September, 2016 | More »


Route Mobile acquires Cellent Technologies

Messaging and voice API (application programming interface) company Route Mobile Ltd has acquired Mumbai-headquartered Cellent Technologies, it said in a statement. Cellent Technologies, part of the Goel Group, has a presence in the application to person (A2P) messaging markets of the Middle East an...

28 July, 2016 | More »


Messaging app Line jumps in stock market debut

Japanese messaging app Line Corp’s shares surged after listing on the New York and Tokyo stock exchange after the biggest initial public offering by a tech company this year. Shares of the WhatsApp rival began trading in Tokyo on Friday morning at 4,900 yen ($46.1) apiece, 48% higher than the ...

15 July, 2016 | More »

Jack Ma

Alibaba IPO to raise up to $21.1B, seeks $162.2B valuation

Chinese e-commerce giant Alibaba Group Holding Ltd, the world’s largest e-com firm by value of goods sold online, is seeking to raise up to $21.1 billion in its initial public offer (IPO) through issue of American Depository Receipts (ADR), it disclosed on Friday. The firm has kept additional ...

6 September, 2014 | More »

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