In a candid statement, Sridhar Vembu, co-founder and CEO of Zoho Corporation, has once again clarified why the SaaS giant has no plans of going public despite being one of India’s most profitable and globally recognized software companies. Vembu highlighted that while IPOs provide visibility and capital, they also bring in short-term market pressures that…
India’s startup ecosystem continues to witness mixed signals as IPO buzz grows stronger, funding slows down, and AI startups surge globally. On the one hand, several Indian unicorns are preparing for public listings, sparking optimism among investors who see IPOs as a much-needed liquidity event. Companies in fintech, SaaS, and consumer tech are lining up…
In a landmark achievement for India’s startup ecosystem, Aravind Srinivas, the co-founder and CEO of Perplexity AI, has officially become the country’s youngest billionaire. Hailing from Chennai, Srinivas has rapidly risen to global prominence as Perplexity AI continues its meteoric surge in valuation and adoption worldwide. Often referred to as the “Chennai boy who conquered…
Urban Company made a remarkable entry into the Indian stock market with its shares surging on their debut, following an intensely subscribed IPO that captured significant investor interest within hours of opening. The company’s ₹1,900-crore issue was oversubscribed by more than 100 times, reflecting the robust confidence investors have in tech-driven service platforms in India….
