Zepto Postpones IPO Amidst Valuation Challenges, Seeks Pre-IPO Funding
Zepto has postponed its IPO for 2-3 quarters, seeking Rs 1,000 crore in pre-IPO funding at a revised $4-4.5 billion valuation. The quick commerce startup faced tepid investor response to its initial valuation expectations, reflecting a cautious market…
NSE Seals Landmark Rs 1,491 Crore Settlement with Sebi, Paving Way for IPO
India's National Stock Exchange has settled long-standing co-location and dark-fibre regulatory cases with Sebi for Rs 1,491 crore. This significant resolution clears the major hurdle for the NSE's much-anticipated initial public offering, reinforcing…
Zepto Postpones IPO, Seeks Rs 1,000 Crore Pre-Listing Funding at Revised Valuation
Quick commerce firm Zepto is delaying its IPO, seeking Rs 1,000 crore in pre-IPO funding at a revised $4-4.5 billion valuation, down over 30% from its previous $7 billion. This strategic move aims to secure capital amidst evolving market conditions and a…
CXMT’s Landmark IPO: Fueling China’s Drive for Semiconductor Self-Sufficiency
ChangXin Memory Technologies (CXMT), China's largest DRAM chip manufacturer, successfully raised $8.6 billion in Asia's biggest IPO this year. This monumental market debut signifies a major leap in China's drive for semiconductor self-sufficiency,…