Sources have indicated that Groww is likely to opt for a conservative IPO valuation ranging between $7-8 billion, factoring in current market sentiment and volatility.
Groww IPO: Stock broking firm files DRHP via confidential filing route for up to $1 billion public issue
The company has filed for an IPO valued between USD 700 million to USD 1 billion via a confidential pre-filing route. The funds will support technology and business expansion. The firm has seen rapid ...
Groww files confidential IPO papers with SEBI
Moneycontrol had exclusively reported on May 15 that Groww was set to file confidentially for an IPO with SEBI within two weeks, and was simultaneously raising $150 million from Singapore-based GIC as ...
Singapore’s ComfortDelGro will bid for Melbourne’s rail line as it takes its public transport model global
Ten to 14 years ago we were not even in the position to bid for this contract,” ComforDelGro CEO Cheng Siak Kian said in an interview with Fortune.
Citi appoints Thakker head of corporate bank for South and Southeast Asia, memo shows
Citigroup has appointed Prashant Thakker head of the corporate bank for South- and Southeast Asia, according to an internal memo. The appointment as head of Asia South Corporate Bank is effective ...
‘Rich and naive’: why Singapore is engulfed in a ‘scamdemic’
City-state residents who are digitally native and naturally compliant with authority are especially vulnerable to fraud ...
The Best Debit Cards in Singapore (2025)
In Singapore, cards clearly rule the payments scene. According to the FIS Global Payments Report 2023 by Worldpay, credit cards made up 36% of all point-of-sale (POS) transactions in ...
Woman accused of lying about meeting ex-DBS CEO Piyush Gupta says LinkedIn post made by social media manager
Ms Janney Hujic told 8World News that her freelance social media manager demanded S$5,000 to take the post down.
Singapore PM Wong to attend Asean Summit in Kuala Lumpur from Monday (May 26), his first regional meet since taking office
Singapore Prime Minister and Minister for Finance Lawrence Wong will travel to Kuala Lumpur from Monday (May 26) to attend the 46th Asean Summit and related meetings.
Badminton player Loh Kean Yew a ‘role model’ for children at HSCB event
SINGAPORE] A smash and sharp drop were some of the moves made at the Singapore Badminton Hall East Coast @ Expo on Saturday (May 24). Read more at The Business Times.
Reit privitisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head
SINGAPORE] Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment opportunities are still there for those “willing to look ...
Billionaires, tycoons choose Singapore to set up charity foundations
Some of the richest people in the world, such as American hedge fund billionaire Ray Dalio, Indonesian coal king Low Tuck Kwong and Brazil-born Facebook co-founder Eduardo Saverin, have set up ...
Universities and hospitals get the largest multimillion-dollar donations in Singapore
The gifts that crossed the $100 million mark all went to the universities and hospitals in the republic. Read more at straitstimes.com. Read more at straitstimes.com.
Recession-Proof Stocks To Invest In On The SGX
Sheng Siong, Sembcorp Industries and SPDR Gold Shares are some companies and ETFs that will likely remain resilient during a recession ...
25 years after investing big in biomedical sector, Singapore has tasted some success but the big league remains elusive
Despite world-class infrastructure and billion-dollar investments, Singapore’s biomedical sector remains under the radar. As the nation nurtures homegrown startups and pushes for commercial success, ...
Singapore’s MAS says chief didn’t say US dollar assets are irreplaceable
Singapore’s central bank said both cyclical and structural factors can affect the pricing and confidence in US dollar assets, adding that its managing director didn’t say earlier this week that dollar ...