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News Discussion
By · Journalist
Bajaj Housing Finance IPO to Open Between September 9-11; Aims to Raise Rs 6,560 Crore
- Bajaj Housing Finance's IPO, the first from the Bajaj group in years, will open from September 9 to 11, as per the RHP.
- The total issue size is Rs 6,560 crore, with a primary portion of Rs 3,560 crore and a secondary portion of Rs 3,000 crore.
- The price band will be announced on September 3, and the anchor portion will be on September 6, according to the RHP filing.
- Moneycontrol reported on August 16 that Bajaj Housing Finance is targeting an IPO valuation of Rs 56k cr-Rs 59k and may trim its issue size from Rs 7,000 crore as per the draft papers.
- The IPO launch is set for the first half of September.
Source: [Moneycontrol](https://www.moneycontrol.com/news/business/markets/bajaj-housing-finance-ipo-to-open-between-september-9-11-to-raise-rs-6560-crore-12811371.html)
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News Discussion
By · Journalist
VerSe's Valuation Slashed by 42% to $2.9B: Investor 360 One
- Investor 360 One estimates VerSe's worth at $2.9B, down from $5B in April 2022
- VerSe operates news aggregator Dailyhunt, backed by major investors like Ontario Teachers' Pension Plan
- 360 One owns a 2% stake in VerSe, disclosed valuation in June update to investors
- VerSe spokesperson claims business has grown exponentially since last funding round
- Trend aligns with global investors marking down startup valuations, like Fidelity's cuts to X and Gupshup
Source: [Techcrunch](https://techcrunch.com/2024/08/30/dailyhunt-parent-verses-valuation-gets-slashed-42-to-2-9b-investor-note/)
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Adulting
By · Software Engineer
When did 20s body start to feel like 60s one?
I (F) frequently fight with my teenage brother (he initiates). As I am literally half his size, he just holds my wrists, I kick him, and he blocks. Our fights aren't meant to cause harm, this is just how we bond, test and tease each other.
But today, after we fought, I noticed that I had got a bruise on my knee, which is still hurting like hell.
What baffles me is that our fights aren't that aggressive, so I don't understand how one simple fight has left me with a bruise which is making even normal movement a difficult task.
Bhyi abhi se itne buddhe ho gaye hai, aage kya hoga pata nhi.
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Misc
By · Software Engineer
Wordle 1,160
Wordle 1,160 2/6
🟨🟩⬜🟨🟩
🟩🟩🟩🟩🟩
WordleBot
Skill 99/99
Luck 99/99
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Indian Startups
By · Product Manager
2 years back, I voluntarily took a pay cut from 60L/year to 25L to chase my startup dream. Did it work out? No. Was it worth it? Debatable. Will I have regrets later in life? Not a chance.
For anyone stepping into the world of building, just be okay with the above. It'll be true, no matter how much you fall.
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Indian Startups
By · Product Manager
Was being lowballed 2 months ago, landed two 55-60% higher offers this week
My previous company shut down a couple of months ago. Interviewed a bunch leading up to it and landed an offer 20% below my previous comp. The offer felt exploitative and I even posted about it on Grapevine.
A lot of folks told me my salary was being corrected and I was overpaid in my previous role.
But what felt wrong felt wrong. Ended up letting that offer go -- had decent runway, and hence, was able to do so.
Interviewed with 6 more companies, Faced a bunch of last minute rejections as well. But finally landed better offers with teams I'm way more excited to work with.
Key takeaways:
1. Gut > Market Data > Subjective Opinions when it comes to assessing offers
2. Runway = resilience, save up for rainy days -- going to take this way more seriously moving forward
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Banking & Finance
Hi I am CA qualified and pursuing CFA level 3 ,i am looking for job of research analyst. I am flexible to any location , please let me know if there any requirment. Thanks. My mobile no is 7568760188
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Product Managers
By · Product Manager
Nextiva or Simplify360 review for PM role
One of my friend exploring PM role at
Nextiva. How is the culture and work there ?
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Indian Startups
By · Business analyst
WhatsApp India did 1600 Cr of revenue last year
WhatsApp has scaled well in India.
Wonder if they are bigger than the likes of MoEngage / Clevertap in India.
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Layoffs
By · Marketing Associate
Heard that MoEngage laid off around 60 people since January?
Weren't they doing well?
Any idea what is going on behind the scenes?
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