TDCX News

Customer engagement has been a common buzzword in the 2021 IPO market. A dozen issuers have sold investors on the roles of digital transformation and personalization in the changing marketing landscape, and two more are making their pitches this week. Braze (BRZE) and UserTesting (USER) are the latest to jump on the IPO trend. Both companies...read more

The IPO market remained active this past week as four IPOs raised $2.3 billion, joined by two direct listings. SPAC activity kept steady with nine blank check IPOs. New filers continue to pour into the IPO pipeline, with 17 IPOs and 10 SPACs submitting initial filings. NYSE direct listing Warby Parker (WRBY) opened for trading at $54 (+35% vs. reference price)...read more

TDCX, which provides customer experience and support services to tech companies, raised $348 million by offering 19.4 million ADSs at $18, the high end of the range of $16 to $18. The company offered 0.6 million more ADSs than anticipated. Insiders had indicated on $6 million worth of ADSs in the offering (2% of the deal). TDCX states that it is a digital customer experience...read more

TDCX, which provides customer support and content review services to tech companies, announced terms for its IPO on Monday. The Singapore-based company plans to raise $319 million by offering 18.8 million ADSs at a price range of $16 to $18. Insiders intend to purchase $6 million worth of ADSs in the offering (2% of the deal). At the midpoint of the proposed range, TDCX would...read more