tiger global

ofbusiness ipo: SoftBank-backed OfBusiness plans up to $1 billion India IPO, exec says

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ofbusiness ipo: SoftBank-backed OfBusiness plans up to billion India IPO, exec says

NEW DELHI – SoftBank-backed OfBusiness, an Indian shopping website that offers raw materials to businesses, is planning an Indian stock market offering worth up to $1 billion and is close to appointing bankers, a top executive told Reuters on Tuesday. The company is in active talks with Bank of America, Citi, JP Morgan and Morgan … Read more

Demat accounts: Groww market share crosses 25%, Zerodha continues to lose

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Demat accounts: Groww market share crosses 25%, Zerodha continues to lose

With No.2 player Zerodha continuing to lose market share, Tiger Global-backed financial services firm Groww now controls 25.1% of the stock broking market in terms of NSE active clients. According to latest data collated by Motilal Oswal, the market share of Groww stood at 25.1% and rose 41 bps month-on-month (MoM). At the same time, … Read more