Startup basics articles
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Startup twists & turns on IPO street; and other top tech and startup stories this week
Food and grocery delivery company Swiggy on Friday confidentially filed its draft documents for an initial public offering (IPO) with stock market regulator Securities and Exchange Board of India (Sebi), sources told us.109639958The Bengaluru-based company has filed for a $1.25-billion public issue through the confidential route, whereby draft red herring prospectuses (DRHPs) are not released to the public. This came a day after Swiggy’s shareholders approved its IPO plan, which includes a fresh...
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startup funding: ETtech Deals Digest: Startup funding falls 30% on year to $73 million this week
Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
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50 Movies That Are Basically Perfect
Most movies have something wrong with them. There are movies, though, with nothing worth complaining about; movies whose flaws (if they can be said to have any) fold so well into the total package as to be indistinguishable from touches of genius. Nothing in life is perfect—but these 50 movies are pretty much there.