IPO rounds

Renfra Energy is focused on renewable energy solutions. The company aims to raise ₹430 crore through its IPO to expand its operations and enhance its market presence.

Social Worth Technologies Limited, the parent company of Fibe, is a digital consumer financing platform that provides affordable credit solutions across personal loans, education, healthcare, insurance, travel, and other consumption needs. The company leverages AI, machine learning, and data science to streamline customer onboarding, underwriting, risk management, and collections.

Fibe is a digital lending firm that specializes in providing personal loans and purpose-driven financing. The company has reported significant growth, with operating revenue reaching Rs 1,584 crore and net income at Rs 257 crore in FY26. Fibe is currently seeking to raise Rs 750 crore through an IPO, with major investors participating in the offer for sale.

Turtlemint Fintech Solutions Ltd operates a technology-led insurance distribution platform that connects customers, insurers, and digital partners. The company has facilitated the distribution of millions of insurance policies and has a significant network of digital partners, including Point of Sales Persons. This funding round will support its growth as it prepares for an IPO.

Kardigan is a cardiovascular drug startup focused on developing innovative treatments for heart conditions. The company has raised significant funding through both private venture capital and an initial public offering, highlighting its rapid growth and the increasing interest in biotech investments. Its lead drug, danicamtiv, is in late-stage testing for dilated cardiomyopathy, a condition currently lacking approved treatments.

Razorpay is a comprehensive payments and financial services platform that caters primarily to small businesses and startups. Founded in 2014, it has established a significant presence in the fintech sector, serving over 80 lakh businesses. The company is currently seeking to raise between $600 million and $700 million through a confidential IPO, targeting a valuation of $5 billion to $6 billion.

Parabilis Medicines is a biotechnology startup focused on developing therapies for 'undruggable' targets, particularly in cancer treatment. The company has raised significant funding to advance its innovative peptide drugs, known as 'Helicons', which aim to target difficult-to-reach cancer-driving proteins. Their most advanced candidate, zolucatetide, is set to enter Phase 3 trials for desmoid tumors in 2027.

Sunshine Silver Mining is focused on the exploration and development of silver mining projects. The company aims to capitalize on the growing demand for silver in various industries, including electronics and renewable energy. This IPO marks a significant milestone for the company as it raises substantial capital to further its operations.

Kuku Technologies is a digital entertainment startup that operates a portfolio of apps including Kuku TV, Kuku FM, and Guru. The company focuses on microdramas and audio storytelling, aiming to cater to the growing demand for engaging content in India.

Kuku is planning to file for an IPO to raise up to $360 million. The company is valued at $1.8 billion, indicating significant investor interest and market confidence.