• PhonePe is preparing to file for an IPO aiming to raise $1.5 billion, potentially valuing the company at $15 billion. The digital payments platform plans to submit its draft prospectus by August.
• Sukino Healthcare Solutions, an out-of-hospital care provider, is in discussions to secure fresh funding. The company intends to use the funds to expand its services across India.
• Life Insurance Corporation of India (LIC) is considering investing in the Rs 12,500-crore IPO of HDB Financial Services Ltd as an anchor investor. LIC already holds a 5.45% stake in HDFC Bank.
• HDB Financial's IPO, the largest ever by a non-banking financial company in India, will be open for subscription from June 25 to 27, with a price band of Rs 700-740 per share.

Nitesh Kumar

Digital payments platform PhonePe is gearing up for a $1.5 billion IPO while out-of-hospital care provider Sukino Healthcare is seeking fresh funding and state-owned Life Insurance Corp is looking to invest in HDB Financial Services Ltd via the non-bank lender’s initial public offering, according to separate media reports.



PhonePe

Walmart-owned digital payments ......

Grapevine: PhonePe, Sukino Healthcare, HDB Financial in news

Others

General

PhonePe plans a $1.5B IPO; Sukino Healthcare seeks fresh funding; LIC eyes investment in HDB Financial Services via IPO.

PhonePe IPO, Sukino Funding, LIC Backs HDB Financial

HDFC Bank

PhonePe

HDB Financial Services Ltd

Sukino Healthcare

VC_Desk_Story_Masthead

VC_Desk_Story_A_300x250

VC_Desk_Story_B_300x250

VC_Desk_Story_C_300x250

VC_Desk_Story_D_300x250

VC_Desk_Story_E_300x250

VC_Desk_Story_A_Skyscraper

VC_Desk_Story_B_Skyscraper

VC_Desk_Story_Inline_A_300x250

VC_Desk_Story_Inline_B_300x250

VC_Desk_Story_Inline_C_300x250

VC_Desk_Story_Inline_D_300x250

VC_Desk_Story_Inline_E_300x250

VC_Desk_Story_Footer

Google, a company known for offering unparalleled perks to its employees, manages to exceed expectations when it comes to festive ......

diwaliparty

Vaibhav Suryavanshi continues to take the world by storm. First, it was the IPL, then England, and most recently, Australia. The ......

vaibhavsuryavanshi

Over 500 students and commuters were stranded in a massive traffic jam on the Mumbai-Ahmedabad national highway in Maharashtra's Palghar district on Wednesday. Vehicles ......

mumbaitraffic

Delhi's clean air streak is headed for a break ahead of Diwali as Centre’s Air Quality Early Warning System (EWS) ......

delhiaqi

West Indies pacer Jayden Seales has been reprimanded by the International Cricket Council (ICC) and 25 per cent of his match fees ......

iccaction

It was a memorable evening for Abhishek Bachchan at the 70th Filmfare Award ceremony, where he took the stage to pay a tribute to ......

abhishekaward

There are many food items present in our kitchen that are beneficial for our heart health. One of those items is ......

Grapevine: PhonePe, Sukino Healthcare, HDB Financial in news

This is a Premium article. Please subscribe or log in to read the full story!

Related Articles

General

diwaliparty

General

vaibhavsuryavanshi

General

mumbaitraffic

General

delhiaqi

General

iccaction

General

abhishekaward

General

cloveuses

Google News