Indian Unicorns
Latest news, explainers and analysis on Indian Unicorns. Tracking 2 stories on Arth Vani.
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Latest on Indian Unicorns
IPOBreakingCars24 Eyes Public Listing; CFO Expects IPO Readiness by April 2025
Used-car marketplace Cars24 is preparing for its stock market debut, with plans to be eligible for filing its Draft Red Herring Prospectus (DRHP) by April. The company, last valued at $3.3 billion, has maintained a strong cash position without raising fresh capital since 2022.
Lenskart Shares Slide 2% Following ₹96 Crore Stake Sale by JPMorgan
Investment giant JPMorgan has offloaded a portion of its stake in the Indian eyewear unicorn Lenskart for ₹96 crore. The deal, executed through a secondary market transaction, saw the shares being acquired by Hong Kong-based Viridian Asia.
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