Solitario Lab-Grown Diamonds, a leading name in sustainable diamond jewelry, has successfully raised $3.6 million in a pre-IPO funding round. This strategic investment aims to bolster the company’s retail footprint, enhance its product offerings, and strengthen manufacturing capabilities. Key Investors and Strategic Vision The funding round attracted prominent investors, including Neeraj Gupta, founder of Meru […]
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Ajax Engineering’s IPO Debut: Shares List at a Discount Amid Market Volatility
Ajax Engineering Limited, a prominent manufacturer of concrete equipment, commenced trading on the Indian stock exchanges today, February 17, 2025. The company’s shares were listed at ₹576 on the National Stock Exchange (NSE), reflecting an 8.4% discount to the issue price of ₹629. On the Bombay Stock Exchange (BSE), the shares debuted at ₹593, a […]
LG Corp Chairman Kwang Mo Koo to Visit India: IPO and New Investments on the Horizon
In a significant move underscoring India’s growing importance in the global business landscape, LG Corp’s Chairman and CEO, Kwang Mo Koo, is scheduled to visit India later this month. This visit aims to finalize the initial public offering (IPO) plans for LG Electronics India and explore new investment opportunities in the country’s burgeoning manufacturing sector. […]
OYO Strengthens U.S. Presence with $10M Investment, Expands G6 Hospitality Portfolio
OYO, the global hospitality giant, is making significant strides in the United States with a fresh investment of ₹86.69 crore ($10 million) aimed at strengthening its market presence. This move follows OYO’s ₹4,551 crore ($525 million) all-cash acquisition of G6 Hospitality from Blackstone, a strategic deal that has positioned the company for aggressive expansion in […]
Hinduja Leyland Finance Shows Strong Growth in Q3 with Higher Margins and Interest Income
Hinduja Leyland Finance has delivered an impressive performance in the third quarter, showing strong growth in key financial areas. The company’s interest yield on assets under management (AUM) improved by 13.5%, reflecting better loan pricing and a shift towards higher-yielding assets. One of the key highlights of the quarter was the expansion of the company’s […]
OYO’s Profit Skyrockets 6X in Q3 – Here’s What’s Driving the Boom
OYO’s profit has skyrocketed in the third quarter of FY25, marking an impressive sixfold increase. The company reported a net profit of ₹166 crore, a significant leap from ₹25 crore in the same period last year. This remarkable growth signals that OYO is not just expanding but also becoming a highly profitable venture. The company’s […]
WeWork India Moves Closer to Stock Market Debut with SEBI Filing
WeWork India, the country’s leading flexible workspace provider backed by the Embassy Group, has taken a big step toward going public. The company has officially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). This IPO will be a complete offer-for-sale (OFS), […]
Hexaware Technologies Sets IPO Price at ₹674-708, Market Debut on February 19
Hexaware Technologies Ltd is all set to launch its highly anticipated initial public offering (IPO), with a price band of ₹674-708 per share. The public issue will open for subscription on February 12 and close on February 14, offering investors the opportunity to own a stake in one of India’s prominent IT services companies. The […]
Servify Prepares for IPO, Aims to Raise Up to $500 Million
Mumbai-based device management startup Servify is gearing up for an initial public offering (IPO), with plans to file its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) by August 2025. The company is targeting a public listing in late 2025 or early 2026, aiming to raise between $400 million […]
Captain Fresh Secures INR 250 Crore in Pre-IPO Funding to Drive Global Expansion
Bengaluru-based seafood supplier Captain Fresh has successfully raised INR 250 crore in its pre-IPO funding round, backed by its existing investors. The investment round saw participation from Accel, Tiger Global Management, Prosus Ventures, Z47 (formerly Matrix Partners India), Evolvence Group, and British International Investment, among others. Several prominent family offices, including those of Sriharsha Majety […]