Topic: ipo proceeds
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Physics Wallah IPO Soars, Defying India's Edtech Slump
Physics Wallah's shares surged 44% in their market debut, achieving a $5 billion valuation and signaling a potential revival for India's edtech sector. The company raised $393 million through its IPO, with most funds from new shares, and stands out amid industry struggles like those faced by Byju...
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Amagi's India Debut Slips as Cloud TV Firm Tests Investor Appetite
Amagi Media Labs' stock debuted at a 12% discount to its issue price, reflecting cautious investor sentiment toward its export-focused business model, which derives over 90% of revenue from the U.S. and Europe. The company's strong growth potential is highlighted by a 34.6% revenue increase and a...
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Ethos Insurance Tech Aims for First IPO of the Year
Ethos Technologies is launching a major tech IPO with a share price of $18-$20, targeting a valuation up to $1.26 billion and raising over $100 million in new capital. The company, backed by prominent investors like Sequoia and Accel, simplifies life insurance purchases and has a history of stron...
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