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Global investors paying attention to funds as they see long-term returns
Bulk of IPO shares will be taken up by institutional funds
MUMBAI: India’s Lenskart, an online retailer for eyewear, raised US$220mil (RM927.96mil) from investors including Temasek Holdings Pte and Falcon Edge Capital, in another sign of booming interest in the country’s technology startups.
MUMBAI: Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world’s second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China.
MUMBAI: A stock offering by Indian food delivery startup Zomato drew bids worth US$46.3 billion as it was more than 38 times oversubscribed on Friday, signalling investors were bullish about the fast-growing sector.
NEW YORK: Jamie Salter always had big ambitions.Though he started Authentic Brands Group Inc with lesser-known consumer names, he spent much of the last decade vacuuming up ailing but widely recognised brands like Barneys New York, Sports Illustrated and Brooks Brothers. Now, he’ll do so in the public eye.
JAKARTA: Online marketplace Bukalapak aims to raise as much as 21.9 trillion Indonesian rupiah ($1.5 billion) in an initial public offering, the first of Indonesia’s tech unicorns to tap the country’s stock market.
Hong Kong: Shares in electric carmaker XPeng make a debut in Hong Kong, as Chinese-based firms trading in the United States seek to avoid the glare of Beijing’s regulators by listing closer to home
Britain’s global tech hub ambitions get a big boost