Smart Ring
Latest news, explainers and analysis on Smart Ring. Tracking 2 stories on Arth Vani.
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Latest on Smart Ring
IPOOura Ring IPO Rumors: Smart Ring Maker Eyes Valuation Higher Than Lululemon and Prada
Finnish health-tech firm Oura is reportedly preparing for an Initial Public Offering (IPO) that could value the company at a premium compared to global luxury and lifestyle brands. The smart ring pioneer's potential listing highlights the growing investor appetite for wearable health technology.
IPOSmart Ring Maker Oura Aims to Raise ₹18,300 Crore in US IPO
Oura, the company behind the popular smart health tracking ring, is planning to raise up to ₹18,300 crore (approximately $2.2 billion) through its Initial Public Offering (IPO) in the United States. Existing investors and the company will sell 50 million shares, with a price range set between $40 and $44 per share. Pharmaceutical giant Eli Lilly and investment firm Dragoneer have expressed interest in buying shares.
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