boAt, the popular Indian brand known for its stylish audio products and wearables, is gearing up for its second attempt at an Initial Public Offering (IPO). After a delay in 2022, the company is once again targeting a $300-$500 million IPO, with an eye on a valuation of over $1.5 billion. Let’s take a closer look at what this means for the brand, its future, and its investors.
boAt’s IPO: The…
Nomura Holdings Inc. and Mizuho Financial Group Inc. are emerging as the top bidders for a majority stake in Avendus Capital Pvt., one of India’s largest investment banks. This stake, currently held by KKR & Co., represents 63% of Avendus and is valued at a minimum of $400 million.
Sources indicate that both Japanese firms have submitted the highest preliminary bids, while several other…
Bengaluru-based sustenance and health food sources marketplace Cora Health has raised Rs 4.6 crore in seed funding led by angel investors Vishnuraj Kunjur, KRS Jamwal, and Ajay Upadhyaya from Indian Angels Network (IAN).
Tholons Capital, Family Office of Apurva Parekh (Executive Director, Pidilite Industries Limited) and Kushagra Pant (MD, Nomura) also participated in the round. The company had…
