Posted in Lifestyle
Lenskart Secures $200M Investment from Temasek, Fidelity at $5B Valuation
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Posted in Food
Swiggy Receives Another Valuation Boost from Invesco Before Going Public
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Posted in Education
Byju’s Plans to Raise $200 Million Through Right Issue
Three points you will get to know in this article: Byju’s, the leading Edtech company, is in the process of securing $200 million through a rights issue extended to all its equity shareholders. This strategic move coincides with the company’s ambitious goal of initiating a more substantial equity fundraising round. The intended rights issuance by TLPL is designed to bolster…
Posted in Business
Udaan Secures $340 Million in Series E Funding, Experiences 59.3% Valuation Dip
Three points you will get to know in this article: Udaan, the B2B e-commerce platform, recently revealed a substantial boost in funding with a noteworthy $340 million injection during its Series E round. The financing was jointly led by M&G Plc and Lightspeed Partners Venture, alongside ongoing support from existing investors like DST Global and Tencent, among others. It’s worth…
Posted in Food
Akshayakalpa Organic Secures Rs 100 Crore in Series C Funding Led by A91 Partners
Three points you will get to know in this article: Akshayakalpa Organic, an organic dairy startup, has successfully secured Rs 100 crore or $12 million in its Series C funding round, which was led by A91 Partners. This significant investment marks a milestone for the Bengaluru-based company, coming after a gap of 16 months. Special Resolution and Capital Raise Furthermore,…
Posted in Fintech
MobiKwik Gears Up for Rs 880 Crore IPO, Second Attempt After Market Postponement
Three points you will get to know in this article: MobiKwik, the leading digital payment solutions provider, is gearing up to secure Rs 880 crore through a new issuance of equity shares via a public offering. This marks MobiKwik’s second venture into the IPO arena, following an initial attempt where it submitted a draft red herring prospectus (DRHP) in July…
Flipkart Secures $600 Million Investment from Walmart, Plans Operational Expansion
Three points you will get to know in this article: In a significant financial move, Flipkart, the leading player in the e-commerce domain, has successfully secured a substantial investment of $600 million or Rs 5,000 crore from its parent company Walmart through its investment arm, FIT HOLDINGS SARL. The decision to raise these funds was formalized by the Flipkart board,…
Posted in BusinessDaily Feeds
Analyzing the Sentiment of Startup IPOs on D-Street
Three points you will get to know in this article: In contrast to the challenging ride for Indian startups venturing into the stock market in 2022, this year has shown a marked improvement. Despite the gloomy backdrop of the funding winter, three startups went public last year, while 2023 has witnessed the IPO debut of five startups so far. Yet,…
Posted in Fintech
Reverse Flip: Razorpay’s Cross-Country Merger May Incur $250-300 Million Tax
Three points you will get to know in this article: Fintech unicorn Razorpay is strategically considering a move to shift its headquarters to India through a cross-country merger, anticipating a potential tax liability ranging from $250 million to $300 million in its current base, the United States. This strategic initiative involves merging its U.S.-registered entity with its Indian counterpart. Razorpay,…