News for Accel Limited (ACCEL.BO)

Analysts predict the scrip will be under pressure in the near future, as some early investors may seek an exit despite Swiggy trading below its IPO price.

Sanjeev Bikhchandani: InfoEdge saw 36% returns from startup investments since 2007, while its AIF investments yielded 18.7% returns. The company invested Rs 3,959.16 crore, now with a fair value of Rs 36,855 crore. InfoEdge invested in 111 companies, of which 76 companies received follow-on investments. Oldest investments Zomato and Policybazaar have matured recently, and Bluestone Jewellery has filed for listing.

Bluestone IPO: The company had filed its IPO papers with Sebi on December 11, 2024. The IPO with a face value of ₹1 is a mix of fresh issue of shares up to Rs 1,000 crore and an offer for sale of up to 2,39,86,883 equity shares by selling shareholders.

The global stock market carnage has come for Indias freshly-listed new-age tech firms. This and more in todays ETtech Top 5.

In the Nifty50 index, 29 stocks were trading in the green, while 21 stocks were in the red.

In the Nifty 50 index, 25 stocks were trading in the green, while 25 stocks were trading in the red.

As per Inc42 data, 23 startups were in various stages of undertaking their IPO preparations at the start of 2025.

ICICI Securities has said that Zomato may have lost market share in the food delivery segment in Q3 FY25 amid rising competition.

Zomato and Swiggy shares fell due to the formers weak earnings and intensifying quick commerce competition. This and more in todays ETtech Top 5.

US-based venture capital firm Accel has reportedly raised $650 Mn (around INR 5,569.7 Cr) for its eighth India fund

Swiggy's 2024 journey which started tentatively culminated in the mega IPO, but the company is yet to clear concerns around its profitability

As many as 23 startups are in various stages of their IPO timeline. We have curated a list of all the potential new-age tech IPOs of 2025.

Of the 12 new-age tech startups listed on the bourses in 2024 so far, 11 made their debuts at a premium over their respective issue prices

Bengaluru-based jewellery retailer BlueStone Jewellery and Lifestyle has filed its DRHP with SEBI. It plans to allocate Rs 750 crore from the fresh issue towards working capital requirements and general corporate purposes.

BlueStone Jewellery and Lifestyle has filed for an IPO to raise funds through a fresh issue and an offer for sale. The company plans to use the proceeds for working capital and expansion. BlueStone operates 203 stores across India and saw significant revenue growth in FY24.

The platform will compete with market leaders like Zerodha and Groww. According to latest data collated by Motilal Oswal, the market share of Groww stood at 25.1%, while Zerodha’s slipped to 17.1% in July.

Binny Bansal has stepped down from PhonePe's board, following his earlier departure from Flipkart. This and more in todays ETtech Top 5.

MIH India Food Holdings B.V., a subsidiary of Naspers, is the largest shareholder with a 30.95% stake in Swiggy

After a lull in IPOs in 2022 and 2023, Indian startups are lining up in droves to list on the bourses in 2024.