Article on March 27, 2023
SoftBank-backed OYO Intends To Reduce Its IPO by Two-third
It submitted preliminary filings with Sebi for an IPO of Rs 8,430 crore in September 2021. However, the IPO was delayed due to the then-volatile market conditions
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Sportzcraazy Acquires Controlling Stake In Startup Kabaddi Adda
The sports-tech platform Sportzcraazy intends to host Kabaddi leagues and large scale tournaments across the country to build local and regional player opportunities
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US Firm First–Citizens Bank Acquires Silicon Valley Bank
Despite multiple efforts by the regulators to lock a deal for all or parts of the bank in a bid to cover the uninsured deposits of its startup customers, an auction attempt passed without a buyer previously
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Omnichannel: Businesses Needs To Be Available At Every Possible Touchpoint
Adopting an omnichannel presence brings with it its own set of challenges, such as increasing customer acquisition costs, converting first-time buyers into loyal customers and so on
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Mamaearth Puts Its IPO On Hold, Cites Uncertain Market Conditions: Report
However, Varun Alagh said that the reports are "largely baseless." He added, "We are still in the IPO process. We are engaging with SEBI on IPO DRHP and it is reviewing our prospectus. We are hopeful that by next month, we should get our approval."
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RBI Approves Extension Of Paytm's Aggregator Licence Application
Paytm can continue to service existing payment gateway customers, however, it cannot accept new merchants, till the aproval of the license
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WE Hub Signs MoU With Cyber West Sign To Back Women Entrepreneurs
The agreement intends to help Australian companies enter into the fast increasing Indian market and vice versa by leveraging the knowledge of WE Hub and Cyber West Sign in their respective regions
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Snap Secretly Acquires 3D Scanning Studio Th3rd
Snap paid USD 500 million in May 2021 for the acquisition of AR startup WaveOptics, which provided technology to power Snap’s Spectacles AR spectacles
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