Tag: IPO
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Ahead of IPO, Simple Energy Raises $10 Mn to Expand Retail Network to 150 Stores
IPO-bound Simple Energy, the Bengaluru-based electric two-wheeler startup, has secured a fresh $10 million all-equity bridge round led by Thyrocare’s A. Velumani, with continued...
PhonePe Revenue Crossed Rs 7,100 Cr in FY25, Turns Free Cash Flow Positive
PhonePe has reported a stellar 40% year-on-year revenue growth, reaching ₹7,115 crore in FY25, driven significantly by its strategic diversification beyond payments into other...
Just Ahead of IPO, PhonePe Secures RBI’s Final Nod to Operate as Online Payment Aggregator
Walmart-owned fintech giant PhonePe has obtained final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA). This...
PhysicsWallah Failed to Protect Students? — Zerodha Flags Unique Concerns in PW IPO Papers
PhysicsWallah’s draft red herring prospectus (DRHP), filed for its highly anticipated ₹3,820 crore IPO, drew online attention after Zerodha highlighted an unusual risk disclosure:...
Not Drishti IAS, but PhysicsWallah Acquires 40% Stake in Delhi-Based Sarrthi IAS at Rs 250 Cr Valuation
PhysicsWallah (PW), one of India’s fastest-growing edtech startups, has acquired a 40% stake in UPSC coaching institute Sarrthi IAS, valuing the Delhi-based firm at...
