Who is the Polymatech CEO in India?
Polymatech Electronics, a leading semiconductor chip manufacturer based in India, is led by Eswara Rao Nandam. He serves as both the Managing Director and Chief Executive Officer of the company. His leadership has been crucial in steering the company towards significant growth and technological advancements in the semiconductor industry, both in India and globally. Background […]
Oyo’s In Depth Financial Analyis of FY 24 Statements.
Softbank Backed Oyo has always been one of the most in-demand companies in the eyes of investors. This holds true, especially since last year when the hospitality chain increased its operations with a turnaround in Oyo’s profitability. This blog covers an in-depth analysis of Oyo Financials 2024. Revenue performance & growth Oyo’s revenue from operations […]
Polymatech Electronics Enters MENA with $16.2 Million Bahrain Funding
Polymatech Electronics Ltd, the Chennai-based opto-semiconductor chip maker, has announced its entry into the Middle East and North Africa (MENA) region with a significant funding round of $16.2 million from investors in Bahrain. Investment overview Polymatech’s investment will initially focus on establishing a 25,000-square-foot assembly unit and securing land for a larger 100,000-square-foot production facility, […]
Who is the CEO of SBI Funds Management Ltd?
Shamsher Singh is the Managing Director and Chief Executive Officer of SBI Funds Management Limited. He was appointed to this position on November 2, 2022. He is taking over Vinay M. Tonse who returned to the State Bank of India after his tenure at SBI funds. Shamsher Singh’s Career Journey Singh has over 32 years […]
PharmEasy Sees A 92% Cut In Valuation At $458 Million
PharmEasy – India’s leading online pharmacy platform – has recently experienced a significant downturn in its evaluation. The company’s valuation plummeted by a staggering 92% and dropped from a peak of $4.8 billion to a current value of $458 million. This sharp decline raises questions about the future of online pharmacies in India. What Are The Reasons […]
Gaurav Verma Elevated To Chief Business Officer At PharmEasy
Gaurav Verma has recently been elevated to the position of Chief Business Officer at PharmEasy. This promotion comes after a successful tenure as the Chief Marketing Officer, where he played a significant role in enhancing the brand’s visibility and driving growth strategies. The career journey of Gaurav Verma Gaurav’s journey with PharmEasy began in December […]
OYO Aquires US Motel Chain In $525 million All-Cash Deal
Oravel Stays, the parent company of the Indian travel technology company OYO, has acquired G6 Hospitality for $525 million in an all-cash deal. G6 Hospitality is an American company that has franchised iconic brands like Motel 6 and Studio 6, and it is owned by Blackstone Real Estate. This deal is expected to close in […]
Swiggy IPO Coming Soon: To File Draft Papers
Swiggy – India’s prominent food delivery platform – is about to make its entry into the public market with its upcoming IPO. The company is expected to file its Draft Red Herring Prospectus (DRHP) with SEBI. With this IPO, Swiggy is planning to raise approximately $1.25 billion (approx Rs. 10,400 crore). IPO Details And Funding Goals […]
Big Relief For NSE- SEBI Drops Charges Against NSE Co-location Case
The Securities And Exchange Board of India(SEBI) has dropped all charges against the NSE & its ex-officials in the Co-location Case. Citing a lack of evidence, the Indian market regulator dropped charges against seven former executives including Chitra Ramkrishna, Ravi Narain, and Anand Subramanian. The History Of Alleged Co-location Scam In 2015, NSE filed its […]
Waaree Energies IPO Delayed Over Non-Compliance
India’s largest Solar Panel maker Waaree Energies is still waiting for approval of its IPO. This is after 8 months of filing draft share sale papers with SEBI after concerns about Companies Act non-compliance. This noncompliance restricts unlisted companies from selling shares to more than 200 people without a public offer. Many Companies Facing Delay […]
