I am “just overwhelmed,” said Vijay Shekhar Sharma, while wiping tears from his eyes. He was addressing an audience at the listing ceremony of One97 Communications, the parent company of digital payments giant Paytm. Sharma founded the company nearly two decades ago. In the last five years, Paytm has become […]
Zomato
Zomato shares soar in red-hot start for first Indian unicorn to go public
Shares in Zomato gained as much as 80% on their first day of trading on Mumbai’s stock exchange. The listing comes a little over a week after the food delivery company launched its IPO to raise $1.3 billion. The stock ended the day about 65% above its offer price, giving […]
Zomato IPO: Indian food delivery startup is raising $1.3 billion in major public offering in Mumbai
Food delivery startup Zomato is looking to raise some $1.3 billion this week in an initial public offering in Mumbai, the company said in a recent regulatory filing. It expects to close its books on Friday, and is the biggest offering in the country so far in 2021, according to […]