[ad_1] Five of the most-hyped technology initial public offerings in India over the past 16 months have floundered since listing, shedding more than $18 billion in value. Concerns over valuations and rising global rates have taken the biggest toll on the parent of payments firm Paytm. The other victims include delivery startup […]
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[ad_1] India’s fledgling technology sector faces a key test this month as lock-up periods on $14 billion worth of shares sold in initial public offerings expire, allowing billionaire backers including Warren Buffett and Masayoshi Son to sell. Lock-ups end in November for four consumer-focused tech stocks, which have all slumped in the […]
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[ad_1] Imagine Marketing, the company that owns wearable brand Boat, has become the latest domestic technology (tech) company to shelve its listing plans. The popular consumer tech brand joins the PharmEasy parent API Holdings, and online automobile marketplace Droom Technology, to withdraw its draft red herring prospectus (DRHPs). Industry players don’t rule out more […]
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