Shiprocket's IPO Debut and Goldman Sachs' Bet Signal VC Confidence in Indian Commerce Tech

₹1,200 crore — That's the amount raised by Netweb Technologies through a Qualified Institutional Placement (QIP), with Goldman Sachs, Nomura, and ICICI Prudential among the top takers, signaling strong institutional appetite for India's high-growth tech plays.

Money Moves

• Shiprocket Soars on Listing — The ecommerce enablement platform's shares jumped 9.3% on its second day of trading after Goldman Sachs purchased over 40 lakh shares in a ₹52.7...