Why Investors showed less enthusiasm for Paytm IPO?

Ground Report | New Delhi: Paytm IPO Investors; One97-owned Paytm IPO (initial public offering) opened for subscription on Monday and was subscribed nearly twice the offer size when it closed on Wednesday. According to stock exchange data, Paytm, which had already raised $1.1 billion from anchor investors, received $2.64 billion worth of bids for the remaining shares on … Read more

Nykaa Founder, became billionaire overnight

Who is Falguni Nayar, how she became billionaire overnight

Ground Report | New Delhi: Who is Falguni Nayar; Veteran investment banker-entrepreneur Falguni Nayar, who as a banker has led several Indian companies to public listing, is now looking to launch its own IPO for beauty and fashion retailer Nykaa at a valuation of $7 billion to $7.2 billion. Nykaa’s shares were being listed at … Read more