Startup launch articles
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Office-sharing startup Awfis to launch IPO on May 22
Coworking space company, Awfis Space Solutions, will launch its initial public offering (IPO) on May 22, the company’s red herring prospectus showed. The Delhi-based company has reduced the fresh capital it is raising from the offering to Rs 128 crore from Rs 160 crore earlier. Meanwhile, its offer for sale component (OFS), through which investors such as Peak XV Partners and private equity firm ChrysCapital are divesting their stakes, has been increased to 12.3 million shares from 10 million...
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Royal Academy of Engineering launches Scotland startup growth scheme
The Royal Academy of Engineering has launched an initiative supporting the growth of tech businesses in Scotland. The Enterprise Hub Scotland will work with local entrepreneurs to commercialise deep tech developments, spin companies out from universities and attract new investments. The hub is based on similar initiatives from the Royal Academy of Engineering in Wales […]
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Music startup Mogul surpasses $100 million in tracked royalties in three months since launch
Mogul acts as a central financial hub for artists and creatives, giving users a comprehensive view of their income streams Source