NewsWhat are VIEs and why are they important for Chinese tech companies?Stricter rules for tech firms listed outside mainland China are on the way. 3 mins read
Paytm’s weak market listing is expected to bring down the sky-high valuations of tech companies that are eyeing public markets. NewsPaytm’s disastrous public listing weighs down upcoming fintech IPOs4 mins read
In this round of India Digest from November 12 to November 18, 2021, read our big story of the week, the weekly buzz, and more. NewslettersA closer look at Paytm’s (formerly) USD 20 billion empire | India Digest Volume 753 mins read
Paytm’s expensive valuation, lack of clarity on the path to profitability, and cutthroat competition are believed to be the key reasons behind its weak market debut. InsightsIndian fintech giant Paytm makes weak debut, share price crashes 27% on listing day4 mins read
SEBI wants a cap on IPO funds that startups can deploy for M&As unless they specifically disclose takeover targets beforehand. NewsIndian market regulator SEBI proposes new rules to avoid misuse of IPO funds3 mins read
Paytm plans to use the money raised from the IPO to onboard new consumers and merchants as well as for acquisitions and strategic partnerships. InsightsPaytm’s USD 2.47 billion IPO sees lackluster demand on day one4 mins read
Paytm has raised almost half of the USD 2.4 billion it is looking to raise in next week’s IPO. NewsIndia’s Paytm raises USD 1.1 billion in the country’s largest anchor round2 mins read
Lifestyle retailer Nykaa will use the IPO proceeds to open more stores in India and venture into the Middle East and European markets. InsightsNykaa raises USD 715 million in India’s first D2C startup IPO6 mins read
Investment part of fundraising round said to be targeting total of USD 1.5 billion. NewsIndonesia’s GoTo bags USD 400 million from Abu Dhabi ahead of IPO2 mins read
NewsDeals in brief: Accel backs Pave Bank, Endowus raises over USD 70 million, Hangry completes Series A5 round, and more
