Tech ipos articles
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Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares
Ibotta began it’s path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its
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Big Tech: After long peace, Big Tech faces US antitrust reckoning
After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
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New venture capital firm Synapses to invest in climate tech, health tech startups
IIT alumni and veteran investors Ruchira Shukla and Karthik Chandrasekar have launched Synapses, a venture capital firm aiming to invest in climate tech and health tech startups.While Shukla earlier led South Asia investments for World Bank Group’s International Finance Corporation (IFC), Chandrasekar had founded early-stage climate fund Sangam, backed by Shell Foundation and USAID.With a fund size of $125 million (about Rs 1,040 crore), Synapses aims to support science, technology, engineering...