{"id":970640,"date":"2025-10-31T07:50:43","date_gmt":"2025-10-31T02:20:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=970640"},"modified":"2025-10-31T07:58:04","modified_gmt":"2025-10-31T02:28:04","slug":"travel-tech-firm-navans-ipo-raises-about-923-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/31\/travel-tech-firm-navans-ipo-raises-about-923-million\/","title":{"rendered":"Travel tech firm Navan&#8217;s IPO raises about $923 million"},"content":{"rendered":"<p>Corporate travel and expense company Navan on Wednesday priced its initial public offering at $25 per share, within its marketed range of $24 to $26 per share, raising about $923.1 million and reinforcing a strong momentum for fresh flotations. <\/p>\n<p>The Palo Alto, California-based firm sold 30 million shares to raise $750 million, while existing stockholders sold about 6.9 million shares to raise the remaining amount.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Corporate travel and expense company Navan on Wednesday priced its initial public offering at $25 per share, within its marketed range of $24 to $26 per share, raising about $923.1 million and reinforcing a strong momentum for fresh flotations. The Palo Alto, California-based firm sold 30 million shares to raise $750 million, while existing stockholders sold about 6.9 million shares to raise the remaining amount.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-970640","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/970640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=970640"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/970640\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=970640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=970640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=970640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}