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India’s Delhivery, a logistics company, has challenged the accuracy of numbers presented by its competitor Ecom Express in its initial public offering (IPO) filing. This is unusual, as companies usually …
Delhivery vs Ecom Express: Comparing Metrics in IPO Filing Read More
FirstCry, India’s biggest e-commerce platform for mother and baby products, is aiming to raise $218 million through the sale of new shares in its initial public offering, almost a third …
SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO Read More
The founders of IRL, Abraham Shafi and Genrikh Khachatryan, are suing their investors, claiming that they intentionally sabotaged the company. At its peak, IRL was poised to become an event …
IRL founders allege investors sabotaged company with fake users claims Read More
Flexible office-space firm WeWork has filed for Chapter 11 bankruptcy protection, listing over $18.6 billion of debts in a remarkable collapse for the once high-flying startup co-founded by Adam Neumann …
WeWork, once valued at $47 billion, files for bankruptcy Read More
Arm, the British chip design firm owned by SoftBank, filed to go public yesterday evening, following years of speculation around an IPO after the company’s plan to merge with GPU …
The bear and bull cases for Arm’s IPO Read More
Manipal Group’s Ranjan Pai’s MEMG Family Office, Marico’s Harsh Mariwala’s investment office Sharrp Ventures and DSP family office of Hemendra Kothari have bought stakes in kids-focused omnichannel retailer FirstCry for …
Ranjan Pai’s family office and others acquire stake in FirstCry from SoftBank Read More
WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as …
WeWork goes from a $47B valuation to ‘substantial doubts’ about its ‘ability to continue as a going concern’ Read More