IPO
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Swiggy IPO Sees 7% Surge in Shares Amid Battle with Zomato
Shares of Swiggy jumped 7% to 440 rupees on Wednesday, signaling a strong public debut for India’s food and quick commerce giant and marking the nation’s second-largest IPO of the year. This initial listing of…
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One Championship Parent Company Re-Domiciles To The Cayman Islands As Company Mulls US IPO
Group One is changing its legal domicile from Singapore to the Cayman Islands as it prepares for a potential US Initial Public Offering (IPO). According to an unverified source that wishes to remain anonymous, the…
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Indonesia’s tech firm GoTo seeks to raise $1.26-billion in local IPO
GoTo is Indonesia’s most prominent tech firm formed by ride-hailing giant Gojek and e-commerce firm PT Tokopedia. According to the company’s prospectus, the firm is looking to raise up to 17.992 trillion rupiah ($1.26-billion) through…
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Indonesian coffee chain, Kopi Kenangan, achieves unicorn status with $96m pre-IPO round
Indonesian coffee chain Kopi Kenangan has recently closed a $96.1 million Series C funding round from investors including Tybourne Capital Management, Falcon, and B Capital Group. The round consisted of both primary and secondary transactions.…
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Razer Earns $34m Profit In The First Half Of The Year As Revenue Soars
Razer, the Singapore-based gaming giant, announced that its first-half revenue was at an all-time high. The company’s hardware and fintech offerings continuous growth contributed to the result. According to Razer, the total revenue rose by 68% to…