DRHP

Home & Sleep Solutions Brand Wakefit Files for IPO, Aims to Raise ₹468 Crore Through Fresh Issue

Wakefit, the home & sleep solutions D2C brand, has filed its DRHP for an IPO. It plans to raise ₹468.2 crore via a fresh issue to fund expansion, including 118 new stores and marketing. The company reported ₹1,000+ crore income in FY24, significantly narrowing losses to ₹15.05 crore, showcasing strong growth and a path to profitability.

Pine Labs Gears Up for Rs 5,000-6,000 Crore IPO, Files DRHP by June-End

Fintech giant Pine Labs is set to file its DRHP by June-end for a Rs 5,000-6,000 crore ($600-720M) IPO. Having recently re-domiciled to India, the move underscores the growing maturity of India's startup ecosystem and public markets. The IPO could value the company at $4-5 billion.