MobiKwik is raising Rs 572 crore through an IPO to fund business expansion. The company offers online payment solutions and financial services. It has a large user base and strong growth in GMV. However, profitability remains a concern. Investors with a higher risk appetite and long-term horizon may consider the IPO.
Kalpataru raises Rs 708 crore from 9 anchor investors; Singapore’s GIC, Bain Capital lead
Realty developer Kalpataru has raised over Rs 708 crore from nine anchor investors including GIC Singapore, Bain Capital’s GSS Opportunities Investment, SBI Mutual Fund, ICICI