Amazon Web Services has accused Meesho of non-payment and breach of contractual commitments. The e-commerce firm has hit back with a Rs 86-crore counterclaim alleging inadequate service and support
Small-town shoppers made Meesho big — now the value-commerce platform is eyeing a Rs 4,250-crore IPO, with early investors set for bumper exits and the company betting big on tech and scale to steady its path to profitability.
In Q1 FY26 Groww's revenue came in at Rs 904.3 crore. Active client growth of 35.5% in FY25 outpaced most listed peers. .
Backed by WestBridge, Hornbill and GSV Ventures, the edtech firm has doubled down on offline centres and acquisitions even as rising employee costs, high attrition, and loss-making subsidiaries test its balance sheet.
Offline centres now contribute nearly half of PhysicsWallah’s topline, underscoring its shift into a hybrid model.
The corporate rebrand comes at a pivotal moment for the group, as it gears up for a renewed IPO bid later this year
Early backers like Accel, Tiger Global and Elevation Capital are eyeing partial exits as the home services firm readies for market debut.
The proposal was cleared at Lenskart’s annual general meeting held on July 26. The company is expected to file its draft red herring prospectus (DRHP) in the coming days, people aware of the matter said.
Tamil Nadu-based Milky Mist aims to raise Rs 2,035 crore through a mix of fresh issue and promoter sell-off, with plans to cut debt, expand manufacturing, and strengthen its cold chain.
Two and a half years after shelving its IPO plans, the e-commerce firm founded by Kunal Bahl and Rohit Bansal is making a fresh attempt to go public — this time via Sebi’s confidential filing route
Lenskart estimated that it closed FY25 with $455 million (Rs 3,865 crore) in revenues from its India business, with the remaining $300 million (Rs 2,550 crore) coming from its international operations, the document showed.
India’s startup IPO party is spilling over into 2025, with a fresh wave of DRHPs signaling continued momentum — and deeper market maturity.
With this step, Meesho has moved another step closer to an IPO and also joins a growing list of new-age companies that are headed to Dalal Street.
Bansal is also riding on the popularity of Lenskart, and his personal brand, built on the Indian edition of the show Shark Tank.
Data from Prime Database shows that already nearly 70 companies that got the SEBI approval for their respective IPOs could hit the markets anytime soon
Acording to the company's Draft Red Herring Prospectus, the total IPO size may be around Rs 4,500 crore
The company's FY24 revenue was around Rs 840 crore, while its EBITDA and net profit were around Rs 150 crore and Rs 80 crore, respectively
Swiggy's IPO is among the biggest public offers in India this year and is one of the largest offers by a new-age company
Swiggy Instamart, the company's quick commerce arm, had a revenue of Rs 374 crore (up 108 percent) in Q1FY25 while its rival Zomato-owned Blinkit clocked a revenue of Rs 942 crore (up 23 percent) during the same period.
Theoffer for sale comes at a time of cautious optimism about growth prospects for the industry. However, the growth of AI means that it is a time of flux as well.
In quite a few cases recently, the regulator directed bankers to drop special rights like buyback guarantee that a company might have entered into with certain shareholders
Merchant bankers and lawyers who are active in the primary market say that heightened focus on disclosures by the regulator and bourses have ensured that entities that either have a controlling stake or have sufficient influence in terms of control – direct or indirect – are included in the list of promoters.
The last few months have seen market regulator Sebi returning more than 10 DRHPs back to the merchant bankers.
The Hyderabad-based firm in the DRHP said the public issue comprises a fresh issue of shares with a face value of Rs 10, aggregating up to Rs 250 crore and an offer for sale of 18.444 million shares of Rs 10 each, aggregating up to Rs 350 core.
Bajaj Housing Finance files DRHP for Rs 7,000-crore initial public offering. Parent firm Bajaj Finance will sell Rs 3,000-crore shares.