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The Indian #startup #IPO landscape is on fire in 2024, with six new-age tech startups, across mainboard and SME, raising INR 5,598 Cr+ already! While all eyes are on the likes of Ola Electric, Swiggy, and FirstCry, we decided to turn our attention to BlackBuck (Zinka Logistics Solutions Pvt. Ltd.). 🚛What sets BlackBuck apart? In the crowded #logistics space, BlackBuck brings a digital edge to road freight transportation with its range of solutions for load management, telematics, payment and vehicle financing💰 🤔 But analysts have a concern... Unlike familiar #B2C giants, BlackBuck’s #B2B model and a multi-pronged approach to streamline the business of truck operators might take investors a bit longer to fully understand. However, its potential for a great public market debut is also immense. Its differentiation factors and improving bottom line position it well. IPO size: INR 550 Cr+ (as per DRHP) #ipo2024 #BlackBuck #startupnews

FirstCry.com (BrainBees Solutions Ltd.), under the leadership of Supam Maheshwari, wrapped up its IPO yesterday. Here’s a snapshot of its logistics partnerships: Xpressbees (BusyBees Logistics Solutions Pvt. Ltd.) led the pack, earning a hefty Rs 288.53 crore for logistics and delivery services in FY24, a slight increase from the Rs 262.4 crore it received in FY23. GATI-KINTETSU EXPRESS PRIVATE LIMITED was next in line having pocketed Rs 12.76 crore in FY24, dipping slightly from Rs 14.56 crore in FY23. Other key players included Ecom Express Limited, Shri Shyam Transport Company, Paramount Roadway, and ASL Freight & Logistics, which secured Rs 10.21 crore, Rs 3.61 crore, Rs 3.47 crore, and Rs 3.33 crore, respectively, in FY24—all marking a notable rise from their FY23 earnings. #Firstcry #IPO #Startups #Stocks #Investors #Returns #VentureCapital #Shares #Financials #Logistics #Delivery #FY24 #Xpressbees

The Securities and Exchange Board of India (SEBI) has approved Ecom Express Limited, a major provider of logistics and supply chain solutions, to make an initial public offering (#IPO). The company intends to raise cash to grow its operations and improve its technological skills. The hashtag #EcomExpress, which specializes in e-commerce logistics, hopes to capitalize on India's growing need for efficient delivery services. The IPO will help the company strengthen its position in the competitive logistics sector. The proceeds from the transaction are intended to be utilized for corporate expansion, working capital requirements, and possible acquisitions. #iponews #ecomipo #ecomnews #ecomexpressipo #latestiponews #upcomingipo #biggestipo #startupnews #deliverystartups #Startuphonor

Quick commerce company Zepto has raised $665 million (about Rs 5,560 crore) in the latest funding round that valued the firm at $3.6 billion, almost triple than its worth a year back. Click on the link below to know more... Aadit Palicha I Kaivalya V. I Avenir I Lightspeed I avra I Glade Brook Capital Partners LLC I StepStone Group I Goodwater #zepto #qcommerce #ecomm #funding #retailfunding #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailresults #retailtrends #retailbusiness #ir #IndiaRetailing

Zepto’s $350M Funding Round Marks Key Step Toward IPO Plans Quick commerce platform Zepto has raised $350 million in its latest funding round to enhance its delivery network, achieve EBITDA-positive status, and prepare for its upcoming IPO, cementing its position as one of the most promising players in the sector. This round was led by Motilal Oswal Private Wealth, with significant contributions from High-Net-Worth Individuals […] The post Zepto’s $350M Funding Round Marks Key Step Toward IPO Plans appeared first on IndiaTechDesk - India's Leading Tech and Startup Media Publication . https://lnkd.in/gucttFhj

IPO-bound quick commerce firm Zepto has raised another $350 million in its third funding round this year, led by Motilal Oswal’s private wealth division, per an announcement.

Unicommerce IPO is well received by investors across classes, with 168.35 times on the third bidding day and a total subscription of 252.46 times. One major reason for over-subscription was the small size of the IPO where the raise was ~₹277 Crores unlike in the case of Ola Electric and FirstCry.com (BrainBees Solutions Ltd.) where the total raise was ~₹6,150 Crores and ~₹4,194 Crores respectively. While Unicommerce garnered a fabulous premium with a P/E ratio of 84X in the absence of any listed comparables, investors were happy to pay the price given the #D2C will drive better revenues for the startup in the future with clients like boAt Lifestyle, Honasa Consumer Ltd., Lenskart.com and others It has already raised ₹124 Crores from anchor Investors including SBI MUTUAL FUND, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Morgan Stanley, Franklin Templeton and the Prudential Assurance Company. Despite being an entire OFS issue by SoftBank, Snapdeal | AceVector Group and B2 Capital Partners, the #IPO received stellar interest from the investors. 🔗 Decoding Unicommerce DRHP: https://lnkd.in/dSE9aB_y 🔗 IPO Predictions of 2024: https://lnkd.in/dhu_bE45 Follow Faraz Wadhwania

Quick commerce giant Zepto is in discussions with domestic and international merchant bankers about a potential listing on Indian stock exchanges by August 2025. The company plans to raise around $450 million through a new share issue and an offer for sale (OFS). Talks are ongoing with firms such as Morgan Stanley and Goldman Sachs, with the IPO contingent on Zepto's return to India. According to sources, the listing timeline will depend on this process, but the goal remains for next year. #quickcommerce #ipo #latestnews #news #startups Kaivalya V. Aadit Palicha LinkedIn News India Linkedin News Ashu Agrawal

🚨 Blitz Secures ₹40 Cr to Revolutionize Q-Commerce Logistics Quick commerce logistics enabler Blitz has raised ₹40 crore in a Series A round led by IvyCap Ventures Advisors Private Limited, with participation from IndiaQuotient, Alteria Capital, and angel investors including Ramesh Bafna (Zepto), Siddharth DUNGARWAL (SNITCH), Vineet Gautam (CEO, BESTSELLER), and Amitabh Suri (CEO, Arvind Fashions Limited). Blitz plans to use the funds to enhance its 60-minute delivery infrastructure and expand its dark store network across India's top 20 cities. Founded in 2020 by Gaurav Piyush, Mayank Varshney, and Yash Sharma, Blitz connects brands and consumers with ultra-fast deliveries, reshaping convenience in q-commerce. https://lnkd.in/dRSHreb8 By Trisha Medhi #FundingNews #IvyCapVentures #IndiaQuotient #AlteriaCapital #Blitz #QCommerce #StartupSuccess

Unicommerce 's IPO has set a new high in the Indian startup scene, achieving an astounding 168.32x subscription rate, surpassing Awfis Space Solutions Limited previous record. The non-institutional investor category was oversubscribed 252.44 times, with bids totaling over 237 crore for the 1.40 crore shares offered. The retail segment saw a 130.86x oversubscription, with significant participation from investors like SBI MUTUAL FUND, Morgan Stanley, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Nippon India Mutual Fund, and Kotak Mahindra Trustee. The Delhi-based SaaS company, under CEO Kapil Makhija has seen its IPO, priced at Rs 102-108 per share, attract a grey market premium of Rs 50-52. Notably, the IPO is an offer-for-sale with AceVector Ltd and SoftBank as key sellers. #UnicommerceIPO #StartupIPO #InvestorFrenzy #SaaS #IndianStartups #RecordBreakingIPO #StockMarket #IPO2024 #MutualFunds #GreyMarketPremium #SoftBank #AceVector #startup77