Indian Startups15mo
by JumpyBobaIndegene
IPO
Amidst global recession, specially for IT companies, Indegene is floating an initial public offering (IPO) in April 24! Thoughts on the subscription?
CosmicTaco
Info Edge-Backed NoPaperForms Preps For IPO
- NoPaperForms has appointed IIFL Capital and SBI Capital for its IPO.
- The IPO aims to raise between INR 500 Cr to INR 600 Cr, valuing the company at INR 2000 Cr.
- Info Edge, holding a 48% stake, is unlikely to sell its shares during the IPO.
- Founded in 2017, NoPaperForms offers enrollment and fee collection solutions under Meritto and Collexo brands.
- The company serves over 1200 educational institutions and has expanded to UAE and Malaysia.
Source: Inc42
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