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Sebi clears IPOs of Zetwerk, Rentomojo

BENGALURU: India’s startup IPO pipeline gathered further momentum on Friday as manufacturing platform Zetwerk, furniture rental company Rentomojo and defence technology firm Tonbo Imaging received Sebi approval for their proposed public issues.According to sources, Zetwerk plans to raise Rs 4,000-5,000 crore through its IPO. Source link

Oyo-Zostel appeal to be heard on August 12

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been standard dummy text ever since the 1500s,

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.


Oyo-Zostel appeal to be heard on August 12

BENGALURU: Delhi high court has listed hostel chain Zostel’s appeal against IPO-bound hospitality firm Oyo for hearing on Aug 12, while disposing of an interim application Zostel filed. The dispute stems from Oyo’s proposed acquisition of Zostel in 2015. The deal later fell through, triggering arbitration proceedings and litigation.



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