# Tiger Global

Type: Company

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/tiger-global
Canonical HTML page: https://getstartupbrief.com/entity/tiger-global

## Timeline

- **2026-06-15**: Public Disclosure via Newspaper Ad — The company disclosed the filing in a newspaper advertisement, formally signaling the IPO launch process.
- **2026-06-12**: Confidential DRHP Filed — Razorpay submitted its pre-filed draft red herring prospectus to SEBI and stock exchanges via the confidential route.
- **2026-06-10**: Shareholder Approval — Shareholders approved a plan to raise Rs 2,700 crore through a fresh issue and offer for sale as part of the IPO.
- **2026-03-12**: Advisory Team Finalized — NSE officially appoints 20 bankers and 8 law firms to manage the $2.5B offering.
- **2025**: Reverse Flip to India Completed — Razorpay completed its reverse flip from the US to India after receiving approvals from the RBI and Ministry of Corporate Affairs, converting into a public limited company.
- **2024-09-15**: Regulatory Clearance — SEBI signals a 'no-objection' for the IPO following governance improvements.
- **2019-04-30**: SEBI Disciplinary Action — SEBI passes orders in the co-location case, stalling the IPO process.
- **2016-12-28**: First DRHP Filed — NSE files its first draft prospectus for a public listing.

## Recent coverage (4 stories)

### $9.3M first close brings Groyyo’s total funding to $54M, eyes $20M round
2026-07-17 06:49:33 · Sentiment: Bullish · Impact: 6/10 · Sources: 2

Groyyo’s first close of $9.3 million, backed by Cornerstone Ventures and existing investors, pushes total funding to $54 million as the company scales toward a $20 million target.
Full story: https://getstartupbrief.com/story/groyyo-startup-funding-9-3-million

### Razorpay Files for $600M IPO at $5-6B Valuation After Reverse Flipping to India
2026-06-15 04:45:03 · Sentiment: Bullish · Impact: 7/10 · Sources: 2

Razorpay's confidential IPO filing marks a landmark moment for Indian startup ecosystem: a $5-6 billion listing after a reverse flip, backed by YC and Peak XV, but at a lower valuation than its 2021 peak. It sets the stage for VC exits and a new realistic pricing norm.
Full story: https://getstartupbrief.com/story/razorpay-600m-ipo-valuation-down-round-startup-exit

### NSE Finalizes Massive Advisory Syndicate for Landmark $2.5 Billion IPO
2026-03-13 01:33:18 · Sentiment: Neutral · Impact: 7/10 · Sources: 2

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.
Full story: https://getstartupbrief.com/story/nse-finalizes-advisory-syndicate-landmark-ipo

### Sunday Hits $1.15B Unicorn Status to Bring Humanoid Robots into the Home
2026-03-12 17:46:59 · Sentiment: Bullish · Impact: 7/10 · Sources: 2

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.
Full story: https://getstartupbrief.com/story/sunday-humanoid-robotics-unicorn-valuation-memo

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