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EASEMYTRIP FUNDRAISE
Gainers & Losers: Ola, Firstcry and Power Grid among 7 top movers on MondayIndian equity benchmarks snapped recent losses, led by financial, energy and healthcare stocks. While Sensex and Nifty gained strongly, sel...- EaseMyTrip plans to raise up to Rs 500 crore to expand hospitality and holiday businessIn an exchange filing on Monday, the company said its board has approved, in principle, a proposal to raise funds in one or more tranches t...
- Voice AI startup SuperBryn raises $1.2 million from Kalaari Capital, angelsSuperBryn has secured $1.2 million in a pre-seed round led by Kalaari Capital’s CXXO initiative, which backs women founders. The fundraise ...
- MakeMyTrip’s record raise, Zuck’s AI talent grabMakeMyTrip has raised $3.1 billion in the largest fundraise by a listed Indian internet company. This and more in today’s ETtech Top 5.
- MakeMyTrip raises $3.1 billion to cut Chinese firm Trip’s holdingWith this, Trip.com’s stake in MakeMyTrip has fallen to 19.99% from 45.34%, with two directors, down from five. This comes a month after Ma...
- MakeMyTrip plans $3 billion buyback; China’s Trip.com stake to drop below 20%MakeMyTrip intends to raise $3 billion through debt and equity to repurchase shares from Group, reducing their stake from 45.34% to 19.99%....
- BlueStone’s pre-IPO glow up; PE funds go tech shoppingAhead of its listing, BlueStone is poised to become India’s next unicorn through a secondary deal. This and more in today’s ETtech Morning ...
- Over 4,000 people applied for this job listing by EaseMyTrip's IITian co-founder. Check hiring process, job rolePrashant Pitti, co-founder of EaseMyTrip, recently shared that his 'Founder's Office' job listing for his fintech startup, Optimo, received...
- ETtech Deals Digest: Pocket FM sweeps 46% of startup funding this weekThe latest week’s number was a 67% drop from the year-ago total of $670 million. During the same period last year – March 16th to 22, 2023 ...
- Easemytrip founder’s new lending venture Optimo Loan secures $10 million in fundingOptimo Loan secures $10M from Blume, Omnivore, and Pitti to bridge India's $530B MSME credit gap. Using tech and co-lending, the startup ai...
- Telcos come out with tiered tariff plans to increase revenue per userAll three telcos have realised that higher-priced post-paid family plans bundling multiple mobile connections, attractive data allowances a...
- EaseMyTrip board approves proposal to raise funds of upto Rs 1000 croreThe company said the board meeting was held on Tuesday. In December last year, platforms, the company said it has recently secured a non-co...
- Vodafone Idea rejigs postpaid structure to stem user churn amid 5G roll out delay“Vi Max is not only about connectivity but also designed with an intent to empower our valued customers to determine the features that are ...
- Flying taxi startup ePlane looks to initiate certification with $5 million fundraiseThe company has tested a scaled-down prototype and expects to have its first cargo plane ready as early as February 2023. A passenger versi...
- Paytm will come good, says Sharma; Poor listing may affect all startupsPaytm's business model isn't as simple as selling a phone or delivering food, its founder Vijay Shekhar Sharma told us after the company ma...
- Ola to get pre-IPO boost; A91 says investors 'feel like a commodity'Ride-hailing firm Ola, which has seen its business recover gradually over the past few months, is set for a pre-IPO funding round that coul...
- Tata Digital's cosmetics play; Byju's acquires TynkerTwo weeks ago we reported that Tata Digital was postponing its SuperApp launch. Now, our sources tell us the company is wrapping up plans t...
- Startup ecosystem breathes new life into India's Covid fightSeveral startup founders are rallying behind Action Covid-19 Team Grants (ACT Grants), which announced a plan to raise Rs 75 crore for home...
- Come together, right nowIn today's ETtech Morning Dispatch: Startup founders pitch in to fight Covid; Upgrad's new financing; and the Indian government's social me...
- Zomato takes big step towards IPO, turns a public limited firmThe food-delivery app is planning to raise $750 million to $1 billion via primary stake sale.
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