Startup IPOs in 2021

Udaan appoints Vaibhav Gupta as CEO, plans IPO

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Udaan appoints Vaibhav Gupta as CEO, plans IPO

Business-to-business ecommerce platform Udaan said one of its cofounders, Vaibhav Gupta, will be designated as the company chief executive, as the startup prepares to go public in the next 18-24 months. Amod Malviya and Sujeet Kumar, the other two cofounders, will support the effective functioning of a “CEO-led organistion” and will continue to shape strategic … Read more

Flipkart is said to aim for IPO in fourth quarter of 2021

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Flipkart is said to aim for IPO in fourth quarter of 2021

Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is making progress toward an initial public offering (IPO) as soon as the fourth quarter of this year, according to people familiar with the matter. The US retail giant has set up an internal IPO team for Flipkart and is leaning toward a traditional debut in … Read more