Tiger Global, Microsoft to fully exit Walmart-backed PhonePe via its IPO
Tiger Global and Microsoft are offering up their full stakes in the company, while Walmart is choosing to retain its majority stake, and selling up to 45.9 million shares.
IPO
Tiger Global and Microsoft to fully exit Walmart-backed PhonePe via its IPO
Tiger Global and Microsoft are offering up their full stakes in the company, while Walmart is choosing to retain its majority stake and selling up to 45.9 million shares.
Meesho’s $606M IPO pops as enthusiasm for India’s e-commerce startups rises
Meesho had a good first day as a public company, with its shares climbing as much as 46% from its issue price as investors jumped to grab a piece of the company built around small merchants and value-conscious consumers.
Physics Wallah enjoys a rosy IPO day, bucking the broader slowdown in Indian edtech
The Indian edtech startup ended its first day as a public company on a high, with its shares closing 44% higher than they were listed for, indicating that the country’s edtech sector may still recover after years of gloom.
Armis raises $435M pre-IPO round at $6.1B valuation after refusing M&A offers
Armis is hoping to launch its IPO in late 2026 or early 2027, its co-founder and CEO Yevegny Dibrov told TechCrunch.
Beta Technologies ends first day on NYSE in the green and $1B raised
The electric aviation company Beta Technologies made an impressive showing in its debut on the New York Stock Exchange.
Pine Labs aims to take Indian fintech global even as it cuts valuation for IPO
The Indian fintech already has a presence in 20 countries worldwide.