Swastika Investmart

  The Life Insurance Corporation of India, which debuted in the main market with a bang, has now entered the Dalal Market. The top insurance firm in India is presently experiencing a bad market sentiment after being placed on stock exchanges. Because the offer was oversubscribed 2.95 times, it began trading on exchanges at Rs 872 per share, down 8.11 percent from the SME IPO price of Rs 949. As dealers begin to monitor the grey market, investors should temper their expectations for state-run insurers to list, as sentiments are harmed by low subscription numbers and a chaotic market. There are no listing gains for LIC investors, according to the Grey market. The Navratna corporation has already reduced its size, anticipating dwindling investor interest following the Russia-Ukraine conflict. But even that couldn't save it from the Indian Central Bank's surprise rate hike and a slew of other global factors that weighed on the stock market. The grey market has lost interest in sto...

  We have seen a major decline in startup funding in the past few weeks. However, this week saw a significant rise in the total funding and startup raised. The current week comes with many unexpected things such as Indian Startups that have raised over $130 Mn this week compared to $ 228 Mn in the last week i.e (Before 16 August – 21 August). With over 27 funding rounds, the biggest round raised was by Skit, earlier known as Vernacular.ai which secured $23 Mn in series B round. D2C health brand Soothe Healthcare just finished its Series C round and raised $ 13.6 Million to improve its growth plans and domestic manufacturing. Also, Mumbai based fraud detection startup company IDfy has managed to raise a capital of $ 12 Mn through TransUnion International and Blume Ventures. Mobile e-commerce company Bikayi raised $ 10.8 Million in series A funding by Sequoia capital India in order to increase product development, talent hiring and acquisition. Out of all the 27 IPO deals, most inves...