Sneha Shah

Read this exciting story from Mint New Delhi April 29, 2026 issue. The move comes as Indian beauty startups gain popularity via e-commerce, premiumisation

Tencent-backed audio platform Pocket FM has revived plans to raise fresh capital, targeting $100 million-$120 million at a valuation of $1.5 billion-$2

Bengaluru-based Truffles Hospitality has tapped Spark Capital to scout private equity investors, with a potential ₹ 800 crore valuation and stake sale on the table.

The company that is looking to raise up to ₹8,000 crore in primary capital is expecting the regulator’s nod in coming weeks and will likely target a window between June- end- mid-July for the issue

Existing investors WestBridge Capital and Creaegis are set to deepen their stake as the café chain's losses narrow and expansion accelerates.

SBI Funds Management, India's largest asset manager, is said to be in talks with investors to raise about ₹ 13,000 crore through an IPO for a likely launch in a couple of months.

Manipal Health and SBI Funds are likely to lead a stronger second half for India's IPO market despite geopolitical uncertainties. Their upcoming listings in June-July could pave the way for a broader pipeline of large and mid-sized public issues later this year.

Foreign portfolio investors (FPIs) have reduced their interest in Indian IPOs, shifting focus to follow-on offerings and block trades. Global institutional participation has declined, with high valuations and global tech distractions affecting investor appetite.

Top Performing Leveraged/Inverse ETFs Last Week These were last week’s top performing leveraged and inverse ETFs.

The fundraising exercise comes weeks after Kids Clinic India, which operates Cloudnine Hospitals, agreed to acquire the maternity, childcare and fertility businesses of Apollo Health