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Delhivery IPO: Delhivery to list in 6-8 months, expects to raise $500 million via IPO


Synopsis
The Delhivery IPO won’t be delayed beyond March 2022, CEO Sahil Barua says, adding that the supply chain and logistics startup has substantial cash on its balance sheet.
ETtech
Delhivery is the third venture from SoftBank Group Corp’s India portfolio after PolicyBazaar and Paytm that is working towards an IPO in the near term. (Illustration: Rahul Awasthi/ETtech)
Bengaluru | Mumbai:Delhivery, a new-age logistics and supply-chain startup plans to list in India anytime between December 2021 and March 2022, its co-founder and chief executive Sahil Barua has said.
The company joins a group of late-stage homegrown technology firms that are on course to tap the buoyant public markets. Unless there is a severe third wave of Covid-19 affecting market sentiment, Delhivery is unlikely to postpone its initial public offering (IPO) timeline, Barua told ET in an exclusive interview. ....

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IPO boom prompts ICICI Bank to hire more investment bankers


IPO boom prompts ICICI Bank to hire more investment bankers
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Last Updated: Apr 20, 2021, 07:15 AM IST
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Synopsis
The new roles will be concentrated in sectors such as technology and health care, Ajay Saraf said.
ETMarkets.com
Related
NSE
India’s second largest private lender
ICICI Bank Ltd. is making its biggest hiring push in investment banking and institutional equities in four years, as it anticipates a rise in companies going public.
The Mumbai-based firm plans to add five mid-to-senior level hires in each of the two units, which currently have 130 bankers in total, according to Ajay Saraf, head of investment banking and institutional equities at ....

Baiju Kalesh , Ajay Saraf , Zomato Pvt , Nykaae Retail , Bloomberg News , Renew Power , Ipo Market , Policybazaar Ipo , Nykaa Ipo , Icici Bank Ltd , Icici Securities Ltd , Zomato Ipo , அஜய சராஃப் , ஜோமத்தோ பிரைவேட் , ப்ளூம்பெர்க் செய்தி , புதுப்பித்தல் பவர் , இப்போ சந்தை , போலிசிபஜார் இப்போ , இஸிசீ வங்கி லிமிடெட் , இஸிசீ பத்திரங்கள் லிமிடெட் , ஜோமத்தோ இப்போ ,

Startup IPOs: ETtech Clubhouse | 'One or two successful tech IPOs will lead to huge inflows'


Synopsis
If even one of Nykaa, Zomato, Delhivery or Policybazaar has a successful IPO, the Indian startup ecosystem could see a massive inflow of foreign capital, A91’s Abhay Pandey and Zerodha’s Nithin Kamath say on ETtech’s Clubhouse chat.
ETtech
Mumbai: The inflection point for the Indian startup story is expected to come in 2021, as at least half a dozen tech startups are lining up to go public this year. According to industry insiders, if even one of the companies
Nykaa, Zomato,
Delhivery or
Policybazaar has a successful IPO, the Indian startup ecosystem could see a massive inflow of foreign capital. ....

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