Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has raised $100 million in a new funding round as it clocks a yearly growth of 35%.
FirstCry, India’s biggest e-commerce platform for mother and baby products, is aiming to raise $218 million through the sale of new shares in its initial public offering, almost a third of the $700
Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, has raised $80 million in a new funding round led by Ontario Teachers’ late-stage venture growth fun
Indian logistics startup Shadowfax is finalizing a funding round of about $60 million, more than a year after it began the funding deliberations, two sources familiar with the matter said. TPG NewQues
It appears single-digit revenue multiples are all that's within reach of unprofitable tech companies with growth rates in the low double-digits.
Indian online pharmacy startup PharmEasy is planning to raise about $300 million in a new round of funding at a 90% markdown from the previous valuation, two people familiar with the matter said, effe
Savings and investing app Acorns has raised $300 million in a Series F funding round that values the company at nearly $2 billion. The announcement of the raise comes about six weeks after the consume
Xpressbees, an Indian logistics startup that works with several e-commerce firms in the country, has more than tripled its valuation to $1.2 billion in a new financing round. The Pune-headquartered st
Fractal has raised $360 million from TPG in a new financing round and entered the unicorn club as the Mumbai and New York-based AI startup, which counts Google and Wells Fargo among its customers, sca
Brazilian construction tech startup Ambar announced it has raised a large Series C round of R$204 million, approximately $36 million, to boost the digitization arm of its business.
There’s nothing like an increasing level of regulations to create spaces for new startups to appear, especially in SaaS. Asset managers, banks and other financial institutions need to calculate thei
Qatar Holding LLC, an affiliate of Qatar Investment Authority, the sovereign wealth fund of Qatar, is set to invest $200 million into AMC BV through a secondary purchase of shares from Airtel Africa.
API Holdings, which operates the giant healthcare startup PharmEasy, said on Friday it has reached an agreement to acquire a 66.1% stake in Thyrocare, which runs a diagnostic lab chain, for about $613
It’s widely known that Dell has a debt problem left over from its massive acquisition of EMC in 2016, and it seems to be moving this year to eliminate part of it in multi-billion-dollar chunks.
In February, London-listed telecom Airtel Africa said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some assets. The firm seems to have found
The Los Angeles-based commerce and content platform StackCommerce has been acquired by Integrated Media Company, a holding company set up by the massive private equity fund TPG to acquire new media bu
Calm, a well-known meditation app, has raised new capital at a valuation of $2 billion. The round was anticipated after the company was reported to be hunting for up to $150 million at a valuation of
GIC, Singapore’s sovereign wealth fund, will invest $752 million in Mukesh Ambani’s Reliance Retail, and TPG will invest $250 million in the Indian firm, they all said Saturday midnight (loca
Green Monday Holdings, a manufacturer of plant-based pork substitute products and frozen meals and an operator of a chain of vegetarian-focused retail outlets and cafes, said it has raised $70 million
Dream Sports, the parent firm of fantasy sports app Dream11, has secured $225 million in a new financing round as the Mumbai-headquartered firm builds what it calls an “end-to-end sports tech compan