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4886: Peak XV, Accel, Elevation set for $1.5 billion IPO windfall; Zoho's WhatsApp rival Arattai fizzles and OpenAI's Srinivas Narayanan outlines plan to attract Indian developers | MC Tech3
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In today’s Tech3 from Moneycontrol, venture investors finally see liquidity worth $1.5 billion as Indian startups like Groww, Lenskart, and Pine Labs hit the IPO street. Zoho’s WhatsApp rival Arattai slips out of the charts after a brief viral moment, even as Zoho Mail nears $100 million in annual revenue. OpenAI’s Srinivas Narayanan shares how the company plans to woo Indian developers, and Lenskart’s IPO smashes expectations with 28x subscription and Groww saw robust subscription on the first day of share sale.
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