Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
The grey market premium for shares of Lenskart Solutions Ltd. has crashed to zero ahead of listing today, even as Peyush Bansal said he didn’t build the company to reach a valuation. “We didn’t build Lenskart to reach a valuation. We built it to reach people,” Lenskart CEO Peyush Bansal says ahead of listing. (ANI) […]
UpGrad, promoted by film producer-turned-entrepreneur Ronnie Screwvala, is said to be in talks to acquire rival Unacademy at a fraction of its last-known valuation. The deal would mark be one of the biggest consolidation moves in India’s edtech space. UpGrad is promoted by film producer-turned-entrepreneur Ronnie Screwvala. (HT) A term-sheet for the UpGrad-Unacademy deal could […]
Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd.’s wireless carrier. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, […]
PhysicsWallah Ltd. has announced its IPO price that pegs its valuation at $3.2 billion, even as founders of the edtech startup sell fewer shares. PhysicsWallah co-founder Alakh Pandey. (Livemint) On offer in the PhysicsWallah IPO are 31.93 crore shares—28.44 crore fresh and 3.49 crore via an offer for sale—in a price band of ₹103-109 to […]
Billionbrains Garage Ventures Pvt. Ltd., which operates India’s largest online broker Groww, has launched its initial public offering, underscoring the surge in retail investors in the world’s fourth-largest stock market. Groww’s valuation is seen at ₹61,735 crore in the IPO, as against ₹58,500 crore in July 2025. That’s about 30 times earnings for the fiscal […]
Pine Labs Ltd. has reduced the size of its initial public offering, even as it eyes a valuation of more than ₹25,300 crore (about $3 billion). Pine Labs CEO Amrish Rau. A growing EBITDA while being adjusted for ESOPs, as well as narrowing of loss, points to profitability in the future. (File Photo) On offer […]
Lenskart Solutions Ltd. is set to launch its IPO today amid an online debate over its valuation that’s reflecting in its grey market premium (GMP). Also in focus is co-founder Peyush Bansal, and his net worth following the IPO. Lenskart CEO Peyush Bansal. A Lenskart IPO valuation would peg the value of his stake in […]
Microsoft Corp. and Open AI have struck a new deal that allows the ChatGPT maker to restructure into a public benefit corporation. That gives OpenAI a valuation of $500 billion and more freedom it its business operations. OpenAI CEO Sam Altman (left) and Microsoft CEO Satya Nadella (AFP) The deal removes a major constraint on […]
Lenskart Solutions Pvt. Ltd. is seeking a valuation of up to $8 billion in an IPO that will potentially make its co-founder Peyush Bansal a billionaire. As of March, Lenskart operated 2,723 stores—across India and in markets such as the Middle East and Southeast Asia. (Company Website) India’s largest organised eyewear retailer will issue shares […]
