valuation
- Business
Blinkit’s rival Zepto raises $665 mn at a $3.6 bn valuation, to go public soon
Mumbai: Quick delivery platform and Blinkit’s rival Zepto on Friday said it had raised $665 million at a $3.6 billion valuation in a highly oversubscribed round — just nine months after the…
- Business
Zepto set to raise $650 million at $3.5 billion valuation
New Delhi: Quick grocery delivery platform Zepto is geared up to raise nearly $650 million from existing and new investors. According to sources, the funding will take Blinkit closest rival’s valuation to…
- Business
Lenskart raises $200 million from Temasek, Fidelity at $5 billion valuation
Mumbai: Eyewear retailer Lenskart has raised $200 million in secondary investment from global investment firms Temasek and Fidelity Management & Research Company (FMR), it was announced on Monday. After this transaction, Peyush…
- Business
Fidelity further marks down Meesho valuation to $3.5 bn
New Delhi: Global investment firm Fidelity has further marked down the value of its holding in social commerce platform Meesho, to $3.5 billion. Fidelity had recently cut the valuation of Meesho to…
- Business
Byju’s aims to raise $200 mn via rights issue at drastic valuation cut
New Delhi: Think and Learn Private Limited (TLPL), the parent company of Byju’s, on Monday announced to raise $200 million by way of a rights issue to all its equity shareholders, in…
- Business
Byju’s seeks fresh funding at nearly $2 bn valuation: Report
New Delhi: Edtech major Byju’s is reportedly seeking new funding at around $2 billion valuation, down from its top valuation of $22 billion in early 2022. The company, which announced its audited…
- Business
Investment giant Fidelity cuts Musk-run X’s valuation by 71.5%
San Francisco: In some bad news for Elon Musk, global investment firm Fidelity has marked down its investment in Musk-run X Holdings (the parent company of X) by a whopping 71.5 per…
- Technology
X’s value sinks below half of Musk’s USD 19 billion acquisition
San Francisco: X Corp has seen its valuation drop to $19 billion — less than half of which Elon Musk bought the social media platform for $44 billion last year. Employees at…
- Business
US-based Invesco further slashes Swiggy’s valuation to $5.5 bn
New Delhi: US-based investment company Invesco has further slashed online food delivery platform Swiggy’s valuation in its holding to about $5.5 billion. According to regulatory filings with the US Security and Exchange…
- Technology
PhonePe raises extra $100 mn at $12 bn valuation
Bengaluru: Leading fintech company PhonePe on Tuesday announced it has raised another $100 million in primary capital from Ribbit Capital, Tiger Global, and TVS Capital Funds, at a pre-money valuation of $12…
- Technology
Ola Electric raises $200 mn to reach $5 bn valuation
New Delhi: Ola Electric on Monday announced it has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others. The latest round values the company at $5 billion.…
