Shares of Eternal have come under pressure following investor concerns around leadership changes, with market participants reassessing valuations even as optimism around quick commerce remains intact. The stock, which had earlier rallied sharply on growth expectations, has seen a sharp correction, prompting debate on how much of the downside is already priced in. Responding to […]
Synthesia has raised $200 million (£146 million) in fresh funding in a round led by Google Ventures, pushing the London-based company’s valuation to $4 billion and cementing its position as one of the UK’s most valuable artificial intelligence businesses. The investment marks a sharp step up from Synthesia’s previous £146 million Series D round in […]
We recently compiled a list of the 12 Cheap Small-Cap Stocks to Invest In Before the Next Breakout. STAAR Surgical Company tops our list for being one of the best small-cap stocks on our list. TheFly reported on January 16 that Morgan Stanley resumed coverage of STAA with an Underweight rating and a $13 price target […]
PhonePe Ltd. has updated its draft papers for what’s set to India’s biggest initial public since at least October 2025, but a clear timeline for listing wasn’t immediately available. When it goes on the floors, the PhonePe IPO will be India’s largest IPO since Tata Capital’s $1.7 billion share sale in October 2025. On offer […]
Honasa Consumer Ltd., which owns direct-to-consumer brands Mamaearth and The Derma Co. has agreed to acquire ‘Reginald Men’ maker BTM Ventures Pvt. Ltd. to enter the fast-growing men’s personal care market. Ghazal Alagh, co-founder of Mamaearth. (@ghazalalagh/Instagram) The deal will see Honasa Consumer pick up a 95% stake in BTM Ventures at an enterprise valuation […]
SpaceX is said to be moving ahead with plans to launch the world’s largest IPO in 2026, raising significantly more than $30 billion at a valuation of about $1.5 trillion, according to people familiar with the matter. SpaceX’s faster path to IPO is in part fueled by the strength of its Starlink satellite internet service, […]
Wakefit Innovations Ltd. has reduced the size and declared the price band for its IPO for a valuation of up to ₹6,000 crore. Wakefit is a mattress and home furnishings company in India. (Unsplash) On offer in the Wakefit IPO are new shares worth ₹377 crore—as against ₹468 crore planned earlier—alongwith an offer-for-sale of 4.67 […]
Meesho Ltd. is seeking a valuation of about ₹53,000 crore (about $6 billion) in its IPO scheduled for early December, joining a growing list of firms tapping into India’s booming IPO market. Meesho generated ₹1,032 crore in free cash flow in the fiscal ended 31 March 2025—the highest among listed e-commerce firms in India. (AI […]
More Retail Pvt. Ltd., the food and grocery chain jointly owned by Amazon.com Inc. and Samara Capital Partners, has picked advisers for an impending initial public offering that could raise about $300 million, according to people familiar with the matter. More Retail was acquired in 2019 by Witzig Advisory Services Pvt., a joint venture of […]
Lenskart Solutions Ltd. listed at a discount today, underscoring investor concerns over the pricey valuations of India’s largest organised eyewear maker. “We didn’t build Lenskart to reach a valuation. We built it to reach people,” Lenskart CEO Peyush Bansal says ahead of listing. (ANI) The Lenskart share price fell as much as 11.51% from its […]