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Tag: FirstCry

Swiggy’s IPO success driven by right pricing and long-term vision: SoftBank’s Sumer Juneja – CNBC TV18

[ad_1] The SoftBank-backed initial public offering (IPO) of online food delivery provider Swiggy, made a stellar debut on the stock market on Wednesday, November 13. Shares opened at ₹420 on the NSE, reflecting a premium of 7.69% over its IPO price, and surged to an intraday high of ₹449, marking a 15.12% rise. This defied […]

Softbank’s India bets pay off as firm clocks 3-fold returns after 3 bumper IPOs – CNBC TV18

[ad_1] Growth equity firm SoftBank Investment Advisers had a bumper last few days in terms of harvesting returns from its investments in India. Portfolio companies Ola Electric, FirstCry, and Unicommerce saw successful listings on the exchanges, giving over 3x returns to the investor. In terms of exits and value unlocking by SoftBank, an investment of […]

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