Zepto Ltd. seeks a lower IPO valuation, reflecting industry cash burn concerns. Foreign investors indicate interest at $4.5 billion, while domestic ones value it lower. This contrasts sharply with its $7 billion valuation from last October's fundraise. The company aims to raise $850 million through its initial public offering. Proceeds will fund network expansion and technological infrastructure improvements.

Several marquee companies, including Reliance Jio, National Stock Exchange, SBI Mutual Fund and PhonePe, are expected to anchor the second-half IPO calendar. Together, three or four large offerings could account for almost $8-9 billion of the year's fundraising, underscoring the concentration of capital raising among a few high-profile issuers.

The India-Japan Fund will invest ₹200 crore in Ather Energy. Hero MotoCorp is also investing ₹960 crore in the funding round. Ather founders and other promoters will invest ₹20 crore each. These funds will support research, marketing, and expansion projects. Ather's Factory 3.0 aims to boost annual manufacturing capacity significantly.

India's startup ecosystem is buzzing with activity as several innovative companies gear up for their public launches. CarDekho and InsuranceDekho are making strides toward their stock market debuts, while Zepto and Zetwerk have received the green light from regulators for their listings. Additionally, PhonePe and Oyo are in the process of finalizing their IPO timelines, representing sectors from quick commerce to hospitality and manufacturing.

After its acquisition by TPG Rise Climate led investors, Aseem Infrastructure Finance will be monetising over Rs 4,500 crore of its remaining 24 per cent non green assets - roads and airport portfolio within the next 75 days while unlocking another Rs 1,600 crore of capital through the deal structure, CEO Virender Pankaj told ETBFSI. The transaction will transform the lender into a 100 per cent green NBFC and is targeted to close by September end, subject to RBI and CCI approvals.

Indian Gas Exchange has filed preliminary papers with Sebi for its Initial Public Offering. The proposed public issue is entirely an Offer For Sale by its promoter, Indian Energy Exchange. This move aims to enhance the company's visibility and strengthen its brand image in the market. IGX operates a technology-enabled electronic marketplace for trading natural gas contracts.

Indian companies' external commercial borrowings proposals saw a significant jump in May. Total filings reached USD 4.74 billion, a notable increase from April's figures. Prominent firms like Indian Railway Finance Corporation and NTPC filed substantial borrowing intentions. Kisetsu Saison Finance also submitted multiple proposals for on-lending purposes. Filings for rupee-denominated bonds also occurred, with Sahrudaya Health-Care filing proposals.

Akasa Air is raising funds through equity and debt to navigate industry challenges. The airline seeks eight billion rupees from investors and two point five billion rupees in loans. Existing owners will contribute five billion rupees to the equity portion. Despite headwinds, Akasa Air has expanded its operations locally. The company plans further capacity increases in the coming year.

SBI Funds Management secured Rs 2,663 crore from anchor investors for its upcoming IPO. The asset management firm's initial public offering opens for subscription on Tuesday. Global and domestic institutional investors participated strongly in the anchor book allocation. The company's Rs 9,795-crore public issue is entirely an offer for sale. SBI and Amundi are divesting stakes in this significant market event.

India's private credit sector could reach USD 100 billion by 2050. This expansion is driven by a maturing ecosystem and growing domestic capital pools. Family offices and UHNIs are increasingly seeking alternative asset classes. Regulators are adopting a calibrated approach to market evolution and reforms.

Prime Offices Fund has successfully raised Rs 4,000 crore in its initial funding round. The fund has already committed nearly half its capital to acquire three office properties. This expanded corpus reflects strong investor demand for Indian commercial real estate opportunities. The fund's portfolio now spans approximately four million square feet of office space. It houses over seventy occupiers, including many Global Capability Centres.

SBI Funds Management's IPO will attract Abu Dhabi Investment Authority and Singapore's GIC. This significant public offering is expected to be valued at approximately $12.3 billion. The IPO will initiate a busy pipeline of public offerings for India. Other large listings from Reliance Jio and National Stock Exchange are anticipated. This event signals a rebuilding of India's IPO market pipeline.

The National Stock Exchange's proposed Rs 30,000 crore initial public offering, expected to be the largest share sale in Indian history, comes after a decade-long delay caused by the co-location controversy. Even as the exchange prepares to list, recent regulatory curbs on derivatives trading have weighed on its revenue, profitability and market share, raising fresh questions ahead of the long-awaited IPO, as per the Value Research report.

The IPO will comprise a fresh issue of shares worth Rs 950 crore and an offer for sale of up to 178.6 million shares by existing investors and individual shareholders, according to the DRHP. The total offer size will be finalised after the price band is set.

Sunsure Energy has secured ₹262 crore in financing for its 75 MW solar project in Tamil Nadu. Dutch development bank FMO is leading the funding, with Axis Bank contributing ₹71 crore. This marks FMO's first project financing in India's Group Captive C&I renewable energy sector. The project will provide clean power to commercial and industrial clients across the state, aiding their shift to sustainable energy sources.

Global private equity firm TPG is acquiring a full stake in Aseem Infrastructure Finance, a leading sustainable infrastructure debt financier. Partnering with Singapore's GIC and ICICI Bank, TPG's climate investing platform will take over the company, which has funded significant renewable energy and power transmission projects. Aseem Infrastructure, founded by NIIF, has disbursed over Rs 40,000 crore in loans, contributing to substantial greenhouse gas emission reductions.

India's National Stock Exchange is gearing up for a massive Initial Public Offering, potentially one of the country's largest ever. Formal marketing is set to begin next week, with investor meetings planned globally. The exchange aims for a September IPO, looking to raise up to $3 billion through existing shareholders selling a portion of their stake. This move could surpass India's current record IPO.

Laser Power & Infra has fixed the price band for its Rs 742-crore IPO at Rs 203-214 per share. The issue opens on July 9 and closes on July 13, with an 11% grey market premium indicating strong investor interest. The company plans to use most of the fresh issue proceeds to repay debt and strengthen its balance sheet.

Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,000 crore. The IPO is likely to include a mix of fresh equity and an offer for sale, with the final structure yet to be decided. Kotak Investment Banking has been appointed to manage the issue.

Foreign investors are pouring money into Indian debt, with record inflows in June, while simultaneously pulling out of local equities. This shift is driven by tax benefits, expanded investment options, and hopes for inclusion in global bond indices. Despite a recent rupee recovery, concerns remain about global economic factors and potential delays in index inclusion, impacting the attractiveness of Indian stocks.