Meesho, Shiprocket Among 7 Firms Cleared For IPOs
SEBI has cleared IPO proposals from seven companies, including Meesho and Shiprocket, to collectively raise around Rs 7,700 crore.
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SoftBank, Accel Representatives Resign From Swiggy’s Board
- by BW Retail World Bureau
- July 25, 2025
The company has named Faraz Khalid, Chief Executive Officer (CEO) of noon, as the fourth independent director on its board
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FirstCry CEO Sells Over Rs 300 Cr Stock Ahead IPO
- by BW Retail World Bureau
- January 9, 2024
Supam Maheshwari, CEO, and Co-founder of the mother and child care ecommerce platform FirstCry, purportedly sold 6.2 million shares before the company’s upcoming initial public offering (IPO). Media sources estimate the value of the shares he sold to be more than Rs 300 crore. Maheshwari, named as a selling shareholder in the draft red-herring prospectus […]
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Ola Electric Charges Up, Eyes Rs 5,500 Cr IPO In Indian EV Market Debut
- by BW Retail World Bureau
- December 23, 2023
Ola electric’s move marks a milestone as it aims to raise Rs 5,500 crore in a landmark IPO, drafts papers and presents key risk factors to potential investors to SEBI. This move sets the stage for the first-ever public listing by an Indian EV firm, disrupting the market and fueling the EV revolution. The proposed […]
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Ola Electric Targets $8 Bn Valuation In Landmark IPO
- by BW Retail World Bureau
- December 13, 2023
Ola Electric, an electric vehicle (EV) manufacturer in the space of electric scooters, is preparing for an initial public offering (IPO). This marks the first IPO by an Indian automaker in over two decades since Maruti Suzuki in 2003 and is slated for conclusion in the fiscal year 2024. With a target to secure between […]
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Oyo Revenue Surges, Loss Narrows As Company Moves Closer To IPO
- by BW Retail World Bureau
- October 27, 2023
Hospitality leader Oyo, headed by Ritesh Agarwal, has reported a significant increase in revenue and a narrowed loss for fiscal year 2023 as it moves closer to a public listing. In FY23, Oyo, formally known as Oravel Stays, recorded consolidated revenue from operations of Rs 5,463.9 crore, compared to Rs 4,781.3 crore in FY22. The […]
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Ola Electric In Line For IPO Sooner Than ImaginedCEO Bhavish Aggarwal
- by BW Retail World Bureau
- July 17, 2023
Bhavish Aggarwal, Founder and CEO of Ola Electric Mobility said that the company is in line for an initial public offering (IPO) sooner than he imagined. The Indian startup began selling electric scooters in late 2021 and has emerged as the leader in India’s electric-scooter market with a 38 per cent share. Ola, backed by […]