Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuation
Kreditbee has achieved unicorn status after raising $280 million. This funding round values the digital lending startup at $1.5 billion. The company is preparing for a public listing. It plans to complete its merger and formally begin its initial public offering process soon. Kreditbee is diversifying its lending products and investing in new technology.
India says IPO approvals valid for longer amid Middle East war
India's markets regulator has provided a special extension for public offers. This move comes as companies deferred their share issuance plans due to the ongoing Middle East war and market volatility. The extension is valid until September 30. Companies will also receive leeway on minimum public shareholding requirements until the same date.
Mega IPO Wave: SBI Funds and Manipal Hospitals ready DRHP filings
SBI Funds Management and Manipal Hospitals are gearing up to file their draft IPO prospectuses by the end of March, aiming for combined fundraising exceeding $1 billion. SBI Funds' issue is expected to be an offer for sale worth ₹12,000-13,000 crore, potentially valuing the asset manager between ₹1.3-1.5 lakh crore.
RIL appoints 17 bankers for a potential Rs 40,000 crore Jio Platforms IPO
Jio Platforms has appointed 17 investment banks, including global giants, to manage its upcoming IPO, signaling the formal start of preparations for what could be India's largest-ever listing. This move follows regulatory clarity on minimum public shareholding norms, allowing companies with high valuations to list with a lower initial float.
India’s equity market hits $5.2 trillion as IPO issuances raise ₹1.76 trillion: Report
India emerged as a $5.2 trillion equity market in 2025, raising around ₹1.76 trillion through IPOs during the year, according to a report by Uniqus Consultech and Indian Venture and Alternate Capital Association. The report highlights strong primary market activity, sustained domestic participation and steady capital flows across sectors as key drivers of growth.
Walmart-backed Flipkart to invite banks for IPO pitch in April
Flipkart IPO: Flipkart is moving towards a public listing. Banks will be invited to pitch for work on its potential initial public offering as early as next month. The e-commerce giant, backed by Walmart, is gauging investor appetite for a listing in Mumbai. An IPO could occur later this year or in early 2027. Proceeds will fund business expansion.
Currency, tax risks tempering private equity optimism in India, investors say
Private equity investors face challenges in India due to currency depreciation and high taxes. The Indian rupee has weakened against the dollar. Capital gains tax also impacts returns. While India's growth outlook is strong, these factors limit investor gains. Fund managers must focus on operational improvements to boost returns. India's lower leverage positions it better against macro shocks.
Corporates pivot to banks as primary funding source amid bond market volatility
The share of banks in total funding to the commercial sector rose to about 63% during the April–January period of FY26, up from nearly 51% in FY25. The reversal comes as banks transmitted policy rate cuts and improved liquidity conditions more swiftly to borrowers, reducing lending rates more sharply than movements seen in corporate bond yields.
Warner Bros merger to saddle Paramount Skydance with $79 billion debt
Paramount and Warner Bros Discovery are merging. This creates a giant media company with a combined debt of $79 billion. Their streaming services like Paramount+ and HBO Max will unite. This move aims to challenge Netflix's dominance. The deal is expected to save over $6 billion in costs. This merger will reshape the entertainment landscape.
Sebi to place 'big focus' on strengthening corporate bond market: Tuhin Kanta Pandey
Sebi plans to boost the corporate bond market this year. New credit bond indices and derivatives will be introduced with the RBI. The regulator aims to increase liquidity and investor involvement. Efforts will focus on improving secondary market trading and expanding issuer participation. Retail awareness and access to bonds will also be enhanced.
Vedanta Resources mobilises $350 million in fresh borrowing
Vedanta Resources has raised $350 million from global banks. This financing will cover upcoming debt payments and interest costs. The deal involves lenders like First Abu Dhabi Bank, Mashreq Bank, Standard Chartered, Deutsche Bank, and JPMorgan. Twin Star Holdings, a family trust, is the guarantor. This move strengthens Vedanta's credit profile after a period of stress.