Articles by Ranjani Raghavan
New thematic funds, cap on LTCG surcharge bring cheer to startups, investors
To begin with, the budget has proposed to set up thematic funds emulating the Fund of Funds (FoF) set up under the Small Industries Development Bank of India (Sidbi) and the National Investment and Infrastructure Fund (NIIF) to invest in the agri-tech, climate action, and pharma.
Updated on Feb 02, 2022 01:46 AM IST
Unicorns witness meteoric rise in valuations
Many of these 33 unicorns, which have cumulatively raised about $9.3 billion to date, have also seen a surge in valuations
Published on Oct 14, 2021 04:37 AM IST
Ranjani RaghavanBeena Parmar, Livemint, Mumbai
No more a myth: 30 startups join the unicorn club in 2021
Bengaluru-based CoinSwitch Kuber, a trading platform for crypto assets, on Wednesday became the latest Indian startup to join the unicorn club with a valuation of $1.9 billion.
Published on Oct 07, 2021 07:37 AM IST
Livemint | Ankit AgarwalRanjani Raghavan, New Delhi/bengaluru
Hotel rooms aggregator Oyo files papers for ₹8,430 crore IPO
The filing with the capital markets regulator is the latest example of a rush to tap the public markets by Indian unicorn startups.
_1626459694155_1633129774719.jpg "Oyo’s 27-year-old founder Ritesh Agarwal will not be selling his shares.(Livemint)")
Updated on Oct 02, 2021 04:48 AM IST
Ranjani RaghavanRavindra Sonavane, Mumbai
Oyo appoints banks for IPO, set to file draft papers in Oct
Oyo is looking to raise $1.2 billion from its public issue, the two people cited above confirmed.
_1626459694155_1632439673224.jpg "The news around Oyo’s IPO comes at a time when several startups are making a beeline to list on the public marke(Livemint)")
Published on Sep 24, 2021 04:59 AM IST
Livemint | Tarush BhallaRanjani Raghavan, Mumbai
Fabindia appoints i-bankers for up to $1 billion share sale
The company has hired investment banks ICICI Securities, SBI Capital Markets, JP Morgan, Credit Suisse and Nomura, the people said on condition of anonymity.
Published on Sep 09, 2021 07:11 AM IST
Debjyoti RoyRanjani Raghavan, Livemint, New Delhi
Swiggy looks to expand basket with Dunzo buy
If the deal goes through, it will help Swiggy expand its delivery basket to offer non-food services and help it compete with rival Zomato, which recently listed on the bourses at a valuation of around $13 billion.
Published on Sep 01, 2021 07:28 AM IST
Ranjani RaghavanTarush Bhalla, Bengaluru
Zomato Q1 net loss rises due to ESOP
Loss widened to ₹360.7 crore in the quarter ended June 30 from ₹134.2 crore in the preceding three months because of an expanded Employee Stock Ownership Plan (ESOP) pool.
Published on Aug 11, 2021 07:36 AM IST
Ranjani Raghavan, Livemint, New Delhi
Indian startups, investors press PM for direct overseas listing
The signatories called it the “single most significant big bang reform for the startup ecosystem”.
Published on Aug 07, 2021 05:16 AM IST
Livemint | Ranjani RaghavanBeena Parmar, Mumbai
SoftBank looks to invest $700 million in Flipkart
Proposed investment from SoftBank Vision Fund 2 is part of a $1.2-1.5 billion round.
Updated on Jun 04, 2021 04:47 AM IST
Ranjani Raghavan, Livemint, Mumbai
Sanofi India may sell select OTC drugs biz
The sale of the portfolio is likely to fetch Sanofi India around ₹600 crore, the people added. The local unit of the French drugmaker has hired Deloitte Corporate Finance to manage the sale, they said.
Updated on Apr 25, 2021 11:45 PM IST
Bruhadeeswaran RRanjani Raghavan, Hindustan Times, New Delhi