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Indian startup founders have stepped up efforts to raise their stakes in their companies ahead of planned IPOs this year. This trend appears across several late-stage startups, as founders show more confidence and seek tighter control before heading to the public markets.
Perhaps most notable is Lenskart, where cofounder Peyush Bansal bought back a 2.5% stake for Rs 222 crore from existing investors including SoftBank and Chiratae. Significantly, Bansal bought these shares at a…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Indian startup founders have stepped up efforts to raise their stakes in their companies ahead of planned IPOs this year. This trend appears across several late-stage startups, as founders show more confidence and seek tighter control before heading to the public markets.
Perhaps most notable is Lenskart, where cofounder Peyush Bansal bought back a 2.5% stake for Rs 222 crore from existing investors including SoftBank and Chiratae. Significantly, Bansal bought these shares at a…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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