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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.
Parent API Holdings seems to be banking on FOMO to raise public money at 500% more than what it was valued at nine months ago.
API Holdings, parent of online pharmacy platform PharmEasy, is on track to set a record for the fastest listing by a unicorn.
In April this year, the company raised $350 million from investors, taking it past the billion dollar mark for the first time. Earlier this month, it filed its draft IPO prospectus to float a public issue in the current fiscal year itself. That, if it happens, will see beauty products company Nykaa—which became a $1 billion company in March last year and went on to list earlier this month—lose the tag for the fastest listing by a unicorn. …
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.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
Vish Narain of Pulsar Capital on spotting real synergies between India and the Gulf, and why many entrepreneurs read the market wrong.
