In a landmark development for India’s financial services industry, the Securities and Exchange Board of India (SEBI) has granted registration to Jio BlackRock Mutual Fund and approval to Jio BlackRock Asset Management Company Limited (AMC) to operate as an Asset Management Company. This approval marks the official entry of a formidable joint venture between Jio Financial Services (JFS) and…
ArisInfra Solutions Ltd., a Mumbai-based supplier of construction materials, has received the much-awaited approval from the Securities and Exchange Board of India (SEBI) to raise Rs 600 crore through its upcoming Initial Public Offering (IPO). The company, which specializes in B2B (business-to-business) services for the real estate and infrastructure sectors, is now all set to move forward with…
Bengaluru-based quick-commerce platform Swiggy has received approval from the Securities and Exchange Board of India (SEBI) for its proposed $1.25 billion Initial Public Offering (IPO). According to reports from the Economic Times, Swiggy filed draft papers for the IPO using the confidential route back in April.
Following this approval, Swiggy must submit an updated draft red herring prospectus…
