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Posts Tagged ‘ Nasdaq ’

Insurance portal PolicyBazaar eyes US listing, $100 mn IPO

Wednesday, September 21, 2016 | More »

Gurgaon-based eTechAces Marketing and Consulting Pvt. Ltd, which runs the online insurance portal PolicyBazaar, is planning to get listed on the Nasdaq stock exchange in the US, according to a report. The company is looking at raise $100 million through the public offering, The Economic Times report...


MakeMyTrip hotel bookings jump four-fold in Q1 but losses climb

India’s largest online travel agency MakeMyTrip Ltd has reported 54.5% rise in net revenues (62.6% in constant currency) for the first quarter over the year-ago period powered by sharp jump in hotels & packages bookings. The NASDAQ-listed firm’s net revenues rose to $58.86 million fuelle...

27 July, 2016 | More »

Dhruv Shringi, Co-founder, Yatra.com

We didn’t want to compromise growth by going in for M&A, says Yatra’s Dhruv Shringi

One of India’s fastest growing online travel agents and consumer travel platform Yatra Online has entered into a merger agreement with Terrapin 3 Acquisition Corporation, a NASDAQ-listed special purpose acquisition firm. The deal, which values Yatra Online at $218 million, was announced on July 14...

14 July, 2016 | More »


Rediff.com to delist shares from NASDAQ

Indian internet firm Rediff.com India Ltd on Wednesday said it has filed an application with the US Securities And Exchange Commission (SEC) to voluntarily withdraw its American Depositary Shares (ADSs) from listing on the NASDAQ. The firm that survived the dot-com bust, but barely so, was strugglin...

28 April, 2016 | More »


Sify’s Q4 revenues rise 13.5% to Rs 263Cr

NASDAQ-listed Sify Technologies Ltd, which provides managed enterprise, network, IT and software services, has reported a net revenue of Rs 263 crore for the quarter ended March 31, 2014, against Rs 231.7 crore last year. Net profit for the quarter was Rs 4 crore compared with net loss of Rs 1.6 cro...

22 April, 2014 | More »


Chinese microblogging service Weibo aims to raise $380M on NASDAQ, could be valued around $1.66B

China’s Weibo Corp said it expected its initial public offering of 20 million American Depository Shares to be priced at $17-$19 each, valuing the Twitter-like messaging service at about $1.66 billion. The IPO is expected to raise about $380 million at the top end of the expected price range. ...

7 April, 2014 | More »


HomeShop18 files for $75M IPO on NYSE

HomeShop18 has filed its prospectus to raise a total of $75 million through a listing on the New York Stock Exchange (NYSE) including offer for sale by some shareholders such as its CEO Sundeep Malhotra and parent Network18, as per a SEC disclosure on Thursday. The issue has not been priced yet but ...

3 April, 2014 | More »


MakeMyTrip’s Q3 net revenue climbs 27.7% as air ticketing growth accelerates; hotel booking continues to outpace

NASDAQ-listed online travel services firm MakeMyTrip (MMT) reported a 27.7 per cent rise in revenues less service costs which stood at $28.5 million for the third quarter ended December 31, 2013 over the year-ago period. Overall revenues rose 9.6 per cent to $69.9 million in the quarter even as gros...

30 January, 2014 | More »


Rediff.com Q3 revenues rise 5% to $4.17M; net loss down to $1.9M

NASDAQ-listed internet firm Rediff.com has reported overall revenues of $4.17 million for the quarter ended December 31, 2013, an increase of 5 per cent (in dollar terms) and 20 per cent in (rupee terms) compared with the same period the previous year. This increase was mainly driven by a growth in ...

23 January, 2014 | More »


Sify forming $22.7M startup fund; to focus on cloud, security and managed services

NASDAQ-listed Indian internet and IT services firm Sify Technologies Ltd has announced that it will ‘explore avenues to invest in or partner with technology startups focusing on cloud, security and managed services in India’. The company claims to have already gathered Rs 30 crore capital from i...

6 September, 2013 | More »

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