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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Noida-based startup is looking to raise around $500 million, at a significant premium over its $2.8 billion valuation as of September last year.
Edtech unicorn Physics Wallah has taken the confidential pre-filing route to file its draft papers for an initial public offering of around $500 million, reports Moneycontrol. The IPO will mostly consist of a fresh issue of shares, with a smaller offer-for-sale component for investors who are selling, according to the report.
The startup in September last year raised $210 million in a Series B funding round that saw its post-money valuation jump to $2.8 billion. That round was led by Hornbill Capital and saw participation from Lightspeed Venture Partners along with existing investors GSV Ventures and WestBridge Capital. It …
Physics Wallah’s desperate pursuit of growth has led to another bold announcement. The latest move centres around one of India’s most competitive test-prep pockets.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
