Bhagavathi Sampath

Sep 20, 2024 | outlookbusiness.com | Sibling RuPay |Bhagavathi Sampath |Nabodita Ganguly |Parth Singh

Top Picks Cloudnine had raised Rs 359 crore from Temasek and TPG Newquest in a primary round in the March quarter The ed-tech sector users which cuts across K-12, test preparation and skill development segment is estimated to go up to 120mn by 2030 E-commerce gross merchandise value (GMV) grew by 13 per cent during last year's festive period (September-December 2023) Zomato has recently been on an impressive run, going from reporting profits last year to now becoming a multibagger stock on...

Jul 29, 2024 | business.outlookindia.com | Bhagavathi Sampath

Paytm’s Vijay Shekhar Sharma, Film director Zoya Akhtar, and her brother Farhan Akhtar who own a substantial amount of preferential shares in Ola Electric will not sell them in the company’s upcoming initial public offering (IPO) as per a report by Moneycontrol. Preferential shares are shares used by companies to raise more funds as they give more rights to investors compared to equity funds. When an IPO is filed for a company, the preference shares are converted into ordinary shares.

Jul 24, 2024 | business.outlookindia.com | Bhagavathi Sampath

Ola Electric filed its red herring prospectus to SEBI on December 22, 2023. It had brought in Kotak Mahinda and Goldman Sachs for its IPO process as advisors. The company hopes to offer its share worth Rs 5,500 Crore with an offer for sale (OFS) of Rs 1,750 taking the total to Rs 7,250 CRORE.

Jul 16, 2024 | business.outlookindia.com | Bhagavathi Sampath

Despite the AI startups defying the funding winter globally, in India, it accounted for only about 0.3% of the overall tech startup funding which stood at about $3 billion, in the June quarter. In the US for instance, it is noted that the Startups received $27 billion in funding for the April-June quarter, accounting for nearly half the startup funding the country received for that period, as per a New York Times report which cited the pitchbook data.

Jul 6, 2024 | business.outlookindia.com | Bhagavathi Sampath

In the case of India, at an average price of USD 1.89 per month, practically unlimited voice call and 18 GB data are available to mobile subscribers, it said, citing other markets where the rates were higher. "With three private sector players and one public sector player, the current mobile services market operates through the market forces of demand and supply," it said.