Entretenimiento

New-age firms back on IPO route; no respite for Paytm shares

Omnichannel jewellery retailer BlueStone and travel tech platform Ixigo are the latest to join a beeline of venture-backed new-age firms planning to go public. This and more in today’s ETtech Top 5. Also in this letter:■ Report to work diktat from HCLTech■ Ronnie Screwvala meets edtech founders■ Corporate honchos’ social media craze IPO plans: BlueStone

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Entretenimiento

Upgrad: Edtech Upgrad aims for IPO in two years

Mumbai-based edtech unicorn Upgrad plans to go for an initial public offering (IPO) in around two years, cofounder and managing director Mayank Kumar said on Tuesday. Kumar said the company will go for an IPO once it reaches milestones such as achieving $750 million in revenue, maintaining an 80% gross margin, and sustaining a 50%

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Noticias de dinero

Uber posts first annual net profit since IPO

SAN FRANCISCO: Ride-hailing giant Uber on Wednesday reported its first annual net profit since the company went public in 2019. Uber booked a net profit of $1.9 billion in 2023, compared with a loss of $9.1 billion in 2022, according to a statement. The earnings marked an important milestone for the company, after surviving its

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Entretenimiento

perfios ipo: Warburg-backed Perfios weighing $500 million IPO

Perfios Software Solutions Pvt., an Indian technology company backed by Warburg Pincus, is considering an initial public offering that could raise about $500 million in India, according to people familiar with the matter. A potential IPO could value the Bangalore-based company at about $2 billion, the people said, asking not to be identified because the

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