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Edtech firm Physicswallah is set to raise 3,480 crore via IPO to fund expansion, despite a widening net loss. The company, which has aggressively grown its offline centres, saw revenue surge but profitability remain elusive. Investors are eyeing financials closely due to a high valuation in a fragmented market.
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News and Media
Qian Zhimin bought cryptocurrency using funds stolen from thousands of Chinese pensioners, say police.
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News and Media
E-commerce platform Meesho is preparing for its Initial Public Offering. The company aims to launch its IPO in the second week of December. The offering is expected to raise between 5,500 crore and 6,000 crore. This move will allow some investors to partially exit. Meesho has received approval from Sebi for the IPO.
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News and Media
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