Exits & IPOs
Recent acquisitions, mergers, IPOs, and other exit events
SpaceX, OpenAI and Anthropic could be 3 of the biggest venture-backed IPOs of all time
If all three went public it could “conceivably create more value than all VC-backed IPOs since 2000 have collectively.”
War slows IPOs, but startups keep bringing headquarters home
Though geopolitical tensions are delaying IPO timelines, India’s tech startups are pressing ahead with plans to relocate their headquarters back home. Richer valuations, deep domestic liquidity, regulatory tailwinds and waning US listing appeal are driving th…
Mint Explainer | Why Big Food is cutting back: Slow growth, new health trends, and GLP-1 drugs push giants to exit
From slow growth to changing consumer habits and the rise of weight-loss drugs, major FMCG players are rethinking their portfolios, a stark contrast to India's booming food market.
SBI Mutual Fund files DRHP for ₹13,000 crore IPO
With assets under management of ₹16.32 lakh crore and a 15.55% market share, the fund house is set to become the seventh listed AMC, with strong investor interest and premium valuations.
SBI Mutual Fund to garner ₹13,000 crore via IPO
SBI Fund Management aims for a valuation of around ₹1.3 lakh crore for the IPO, which would translate to a price-to-earnings ratio of approximately 51 time, said an analyst
Mega IPO Wave: SBI Funds and Manipal Hospitals ready DRHP filings
SBI Funds Management and Manipal Hospitals are gearing up for major initial public offerings. SBI Funds' IPO is expected to be between ₹12,000-13,000 crore. Manipal Hospitals' offering is estimated at ₹9,000-11,000 crore. Both companies aim to file their draf…
“If they raise VC, they usually get stuck and it’s a bad outcome for an otherwise good company.” Brad Hargreaves on which proptech companies should seek (or avoid) venture dollars. And more, from the founder of General Assembly, Common, and now, Thesis Driven.
I think Brad and I met back in the General Assembly days, which was one of the early code schools based out of NYC (interestingly, with a physical presence, not online only). He later started Common, a notable co-living starting, and now has a trade publicati…
Amazon acquires startup Rivr to test robots for 'doorstep delivery'
The company expects to test ways it can use Rivr's robots to help with "doorstep delivery" and to "improve safety outcomes" for delivery drivers.
Centrum Group sells housing finance arm to Weaver Services
Centrum Group has sold its housing finance subsidiary, Centrum Housing Finance. Weaver Services, backed by Premji Invest, acquired a 75% stake. This deal was completed after receiving regulatory approval. Weaver Services also raised Rs 950 crore to fund this …
REV Completes Acquisition of Montana Helium Properties
REV makes first push into America’s Helium-producing Northern Great PlainsAcquisition comes at strategic moment in Helium and Natural Hydrogen sectors and...