Volatile Street: Startups rein in IPO valuation targets
Logistics firm Shadowfax has lowered its IPO valuation to Rs 7,169 crore, down from over Rs 8,000 crore, to attract more investors amidst market volatility. This move follows Amagi Media Labs’ valuation cut. Despite the repricing, Shadowfax’s implied valuation remains higher than its last private valuation, reflecting a cautious market sentiment.🕒 1 min read
Logistics firm Shadowfax has lowered its IPO valuation to Rs 7,169 crore, down from over Rs 8,000 crore, to attract more investors amidst market volatility. This move follows Amagi Media Labs’ valuation cut. Despite the repricing, Shadowfax’s implied valuation remains higher than its last private valuation, reflecting a cautious market sentiment.
Continue Reading
- MI vs SRH: No Rohit Sharma again! Hardik Pandya gives big comeback update
- Glitch reporting rules for brokers streamlined
- Ahead Of Trump-Putin Meet In Alaska, A Look At Russian Presidential US Visits
- Asia Cup Hosts Asked To Keep India, Pakistan Captains Separate? Details Revealed
-
“No Alternative To Dialogue, Diplomacy”: India On Iran-Israel Ceasefire
- Passport Relief For Pakistan, Afghanistan Minorities Who Came To India Till 2024
-
‘Kerala Congress MLA Messaged Me On Telegram, Asked For Sex’: Trans Woman
-
Sameer Wankhede vs Aryan Khan’s ‘Ba***ds Of Bollywood’, SRK In High Court
- India Well Positioned To Be Leader In AI; Incredible Optimism: Rishi Sunak
- 2 Killed As Mercedes-Benz Loses Control, Crashes Into Divider in Bengaluru