On Tuesday, cloud business software provider ServiceTitan offered a price range for its initial public stock of $52 to $57 a share, with hopes to raise $446.2 million to $514.2 million at the midrange. It also made a few other interesting disclosures about what it will do with the money and who it will sell […]
ServiceTitan’s IPO keeps getting weirder Read More »
India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. The world’s most populous nation is now preparing for an even more substantial wave of startup IPOs in 2025. More than 20 startups are preparing to
India, already an IPO bright spot, prepares for bigger surge in 2025 Read More »
Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. That’s up from its previous target of around $224 million. To meet the goal, Pony will sell as many as 20 million American depository shares.
Chinese AV startup Pony AI boosts its IPO goal to $260M Read More »
It’s no secret that the venture capital industry is facing a liquidity crisis as IPOs and other exits remain few and far between after 2020 and 2021’s record-breaking years. Now, we have numbers that show just how bad it’s gotten. In 2023, the U.S. VC industry invested $60 billion more into startups than it collected
In 2023 VCs returned the lowest level of capital to their investors since 2011 Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here! Despite the short workweek in many locations, the last few days have been crammed with deal announcements and funding news, although it is too early to tell how much was just on hold before
The US IPO window hasn’t reopened yet, but startups take what they can Read More »
Swiggy has raised around $606 million from a set of over 75 anchor investors as part of its $1.35 billion initial public offering, as the Indian food delivery and quick commerce startup prepares for the country’s second-largest listing of the year next week. The Bengaluru-based startup, which is seeking an $11.3 billion valuation in the
Swiggy IPO nets $606 million from institutional investors Read More »
While many venture investors, and likely their LPs, were hoping IPOs were going to come back in 2024, that hasn’t happened and isn’t likely to in the next two months. NASDAQ CEO Adena Friedman isn’t surprised. Friedman said at Axios’s BFD event on Tuesday that while on paper the public markets have been experiencing a spectacular year
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Several startups announced new rounds this week without disclosing their valuation. This doesn’t mean that these were down rounds, but rather it confirms that our collective focus
Not all startups mourn IPOs, but liquidity still must flow Read More »
Wiz co-founder and VP of R&D Roy Reznik told CNBC last week that the company has hit $500 million in annual recurring revenue, and plans to double that in 2025 to $1 billion. He also reiterated that the $1 billion-mark is a prerequisite for the IPO that Wiz promised employees when it walked away from
Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down Google’s $23B Read More »
Ro co-founder and CEO Zachariah Reitano said while he’d “never say never” about potentially taking the seven-year-old telehealth company public, he thinks the benefits of being a private company are growing. Reitano dodged multiple questions from Axios reporter Dan Primack about whether or not the company has plans to IPO in the near term —
Ro CEO Zachariah Reitano says the benefits of being a private company are growing Read More »
