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Posts Tagged ‘ IPO ’

Snapchat confidentially files for an IPO: report

Wednesday, November 16, 2016 | More »

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Photo messaging service Snapchat confidentially filed for an initial public offering with the Securities and Exchange Commission (SEC), sometime before Donald J Trump was declared President-elect of the United States, according to a Reuters report filed a few hours ago, citing unnamed sources. While...

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Exclusive: Mobile games developer Nazara may tap public market

Mobile games developer Nazara Technologies Pvt. Ltd that had hit the road to raise private equity funding a year ago is now reviewing its plan and may opt for a public market listing, Nitish Mittersain, founder and managing director of the firm told Techcircle. He said if the firm decides to move ah...

15 November, 2016 | More »

Fund-raising

Snapchat ​aims to raise $4 bn in IPO

US-based instant messaging app Snapchat is reportedly planning to raise as much as $4 billion in its initial share sale. According to a report in Bloomberg, the initial public offering (IPO) could value Snapchat, owned by Snap Inc., as high as $40 billion. The report added that,  according to peopl...

27 October, 2016 | More »

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Just Dial loses second CTO in a year

Online local business search service Just Dial’s chief technology officer RV Raman has left the company. Raman, who took over as CTO in January this year, resigned last week, according to a note the company has sent to the stock exchanges. Just Dial has thus seen exits of two technology heads succ...

25 October, 2016 | More »

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Uber still not ready for IPO, says CEO Travis Kalanick

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...

20 October, 2016 | More »

Jeevansathi

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 »

snapchat

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 »

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