#ipo

#ipo

ST Telemedia holds the 74% controlling stake in the India business, with Tata Communications retaining the remaining 26% from the original 2016 joint venture. Bloomberg's framing of the operator as Tata-backed understates the direction of control. The $500m figure is the only one Bloomberg sources to its informants. Indian and Asian outlets summarising the report have circulated a valuation range of $5bn to $5.5bn, with a draft prospectus said to follow in two to three months.

Lime, which was founded in 2017, has deep ties to Uber. The ride-hailing and delivery giant led Lime's $170 million funding round in 2020. As part of that deal, Lime acquired Jump, the electric bike and scooter division that Uber bought back in 2018 for around $200 million. After the acquisition Jump's name disappeared and its assets were absorbed by Lime. In the years since, Lime has integrated more closely with Uber.

Silex describes itself as the world's leading pure-play MEMS foundry. The company manufactures micro-electromechanical systems for customers in automotive, industrial, life sciences, and consumer electronics, operating from a single fab in Järfälla, just outside Stockholm, on 200mm wafer production.

Rare Earths Americas is an exploration stage company that aims to create a rare earth supply independent of China, focusing on heavy rare earth projects in the U.S. and Brazil.

The outage left millions of Starlink customers in the dark back in August of 2025, dealing a blow to the company's image as an always-on satellite internet provider.

Monzo's decision to exit the US market is framed as a deliberate, strategic choice to focus on scaling in the UK and Europe, rather than a retreat.