Last mentioned: Mar 17, 2026
Bank Pitches
Formal process begins for investment banks to bid for IPO underwriting roles.
IPO Postponement
Company officially delays listing citing geopolitical tensions and market volatility.
Unicorn Valuation
Sunday reaches a $1.15B valuation following a major funding round from top VCs.
Advisory Team Finalized
NSE officially appoints 20 bankers and 8 law firms to manage the $2.5B offering.
India Domicile Shift
Flipkart moves its holding company from Singapore to India to prepare for local listing.
Waitlist Milestone
The company reaches 1,000 sign-ups for its Memo household robot.
IPO Preparations
Internal teams begin filing processes for a 2026 listing.
Stealth Emergence
Sunday officially launches out of stealth mode to develop domestic robotics.
Regulatory Clearance
SEBI signals a 'no-objection' for the IPO following governance improvements.
Stake Consolidation
Walmart spends $3.5 billion to buy out remaining shares from Tiger Global and Accel.
Major Funding Round
Secures $850M in total funding at a $12B valuation.
Domicile Shift
PhonePe completes move from Singapore to India, paying $1B tax bill.
SEBI Disciplinary Action
SEBI passes orders in the co-location case, stalling the IPO process.
Walmart Acquisition
Walmart acquires a 77% stake in Flipkart for $16 billion.
First DRHP Filed
NSE files its first draft prospectus for a public listing.
PhonePe, India’s dominant digital payments provider, has officially deferred its multi-billion dollar initial public offering, citing an increasingly unstable global geopolitical landscape. The decision reflects a broader trend of caution among high-valuation tech firms as macro-economic risks and regional tensions dampen investor appetite for emerging market equities.
The National Stock Exchange of India has appointed 20 merchant bankers and eight law firms to manage its highly anticipated initial public offering. This move signals a definitive step toward a $2.5 billion market debut, marking the end of a decade-long regulatory wait for the world's largest derivatives exchange.
Humanoid robotics startup Sunday has achieved a $1.15 billion valuation to accelerate the development of 'Memo,' a domestic robot designed for household chores. Backed by top-tier firms like Coatue and Tiger Global, the company is pivoting the humanoid industry toward consumer-facing applications.
Robotics startup Sunday has achieved a $1.15 billion valuation to accelerate the development of Memo, a humanoid robot designed for domestic chores. Backed by a syndicate of elite investors including Coatue and Benchmark, the company is pivoting the humanoid narrative from industrial labor to household automation.
Indian e-commerce giant Flipkart is reportedly preparing to invite investment banks to pitch for its long-awaited initial public offering as early as April 2026. The move follows a strategic relocation of the company's legal domicile from Singapore to India, marking a major milestone for majority-owner Walmart.