Startup News
Latest news, explainers and analysis on Startup News. Tracking 7 stories on Arth Vani.
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Mensa Brands Shifts Base to India, Plans IPO Following Public Conversion
Direct-to-consumer giant BRND.ME, formerly known as Mensa Brands, has officially transitioned into a public company. This strategic move, which includes shifting its corporate headquarters to India, sets the stage for a potential stock market debut in the next 12 to 18 months.
Global Giants Buy ₹1,960 Crore Stake in Lenskart: What it Means for Investors
Global investment heavyweights Goldman Sachs and Morgan Stanley have picked up a significant stake in Lenskart through a massive block deal. This move signals strong institutional confidence in the Indian eyewear major as it scales its global footprint.
Global Giant ADIA to Offload ₹1,944 Crore Stake in Eyewear Unicorn Lenskart
Abu Dhabi Investment Authority (ADIA) is planning to sell a 2.3% stake in Lenskart through a major block deal. This move comes shortly after SoftBank's exit, suggesting that global investors may be looking to lock in profits at the company's current valuation.
BreakingZepto Prepares ₹9,500 Crore IPO: India’s First Pure-Play Quick Commerce Listing
Quick commerce giant Zepto is planning a massive public market debut to raise ₹9,500 crore. This marks the first opportunity for retail investors to invest in a dedicated 10-minute delivery specialist as the sector experiences explosive growth.
BreakingZepto Founders to Skip Share Sale in Upcoming ₹9,500 Crore IPO
Zepto founders Aadit Palicha and Kaivalya Vohra have decided not to sell any of their shares in the company's upcoming public listing. This move highlights their long-term commitment to the quick-commerce platform as it prepares for a massive ₹9,500 crore market debut.
Zepto IPO: Founders Retain Stakes as Early Investors Exit in ₹11,000 Crore Sale
Quick commerce major Zepto is gearing up for a massive IPO, featuring a fresh issue of ₹8,010 crore. While early backers like Nexus Ventures plan to sell significant shares, the young founders have decided not to dilute their personal holdings, signaling long-term confidence.
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.