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Paytm made its stock market debut on Thursday.
The company's market valuation went past Rs 1 lakh crore mark and closed at Rs 1,04,438.88 crore on the BSE.
VCs are looking to fund companies with strong teams, big ideas and demonstrated traction, says Shirish Nadkarni, a serial entrepreneur with years of experience in creating consumer businesses.
The current figures are dismal for the Mark Zuckerberg-run platform. The late entrant WhatsApp currently has a mere 0.01 per cent share of the UPI payments volume.
Zostel filed a petition in August with the Delhi High Court to stop Oyo from changing its shareholder structure, including through an IPO.
Freshworks co-founder Girish Mathrubootham described the listing as an 'incredibly proud moment' as 'Freshworks is the first SaaS company from India to go public in the US.'
The proposed initial public offer (IPO) plan of the hospitality firm follows the spectacular success of Zomato's IPO that ended with a bumper oversubscription on July 16 and was the biggest since March 2020.
The listing of LIC is set to be India's biggest ever IPO, with the government aiming to raise Rs 800 billion-900 billion from its stake sale.
The hotel aggregator, in which Japanese conglomerate SoftBank owns a 46% stake, endured months of layoffs, cost cuts and losses during the COVID-19 pandemic.
While the pandemic-hit 2020 saw the emergence of 11 new unicorns, the year 2021 has already witnessed a whopping 21 startups which are now valued at more than $1 billion.