Sneh Susmit
Stories by Sneh Susmit
India: ICICI Securities cut IPO size to nearly $542m owing to weak subscription
ICICI Securities had initially planned to sell shares worth Rs4,017 crore through its IPO.
India: Warburg Pincus set to part exit IPO-bound Lemon Tree Hotels
Warburg is selling a 12% stake in Lemon Tree through the IPO. At the upper end of the price band, it will garner about $81.2 million from the share sa
India: Brokerage firm ICICI Securities to launch $618m IPO on 22 March
ICICI Securities has set a price band of Rs519-520 per share for the IPO.
Wipro to sell hosted data centre biz to Ensono Holdings for $405m
Wipro and Ensono have also signed a long-term partnership agreement to jointly address the hybrid IT requirements of Wipro’s new and existing enterp
India: Venture Gurukool to launch $20m VC fund
The fund, which will have a green shoe option to raise another $20 million, will invest in business-to-business and consumer technology start-ups.
India: Bharat Dynamics to launch $147.8m IPO on March 13
Bharat Dynamics has set a price band of Rs413-428 per share for the IPO. The offer will close on 15 February.
Buoyed by robust growth, India’s seafood exporters plan IPO
Industry experts said seafood exporters are encouraged by the stellar market performance of listed peers.
Genomics startup MedGenome raises funds from HDFC group firms in $40m Series C
MedGenome's Series C round was joined by Sequoia, Sofina, Zodius Capital, former Infosys CEO Kris Gopalakrishnan and former Cognizant CEO Lakshmi Nara
India aims to raise $92m from Bharat Dynamics’ upcoming IPO
The share sale is part of the Indian government's plans to pare stakes in public sector enterprises through various routes such as IPOs and strategic
India: Frozen seafood exporter Sandhya Marines files for IPO
Proceeds from the IPO will be utilized for setting up of a shrimp processing unit, an aqua-feed mill facility and a new corporate office.
