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FLIPKART EXITS BLACKBUCK
Flipkart flips back to India; Airtel's data centre playAs it prepares to go public, Flipkart has redomiciled from Singapore to India. This and more in today's ETtech Top 5.- Shadowfax IPO opens on January 20; investors set for 2-10X gainsShadowfax is raising Rs 1,000 crore in fresh capital, while Rs 907 crore will be via an offer for sale by investors, including Flipkart, Ei...
- Flipkart's exits; Dassault's India expansionHappy Friday! Flipkart has divested stakes in multiple startups and companies to sharpen its focus on its main business. This and more in t...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Logistics firms under pressure; The race to deliver styleHappy Thursday! With Indian ecommerce firms insourcing deliveries, the third-party logistics sector is likely to witness consolidation. Thi...
- Flipkart exits Blackbuck, Aditya Birla Fashion in block deals worth over Rs 1,250 croreThis comes at a time when the broader market is rebounding, following a steep fall at the start of the year. The recent recovery is witness...
- Nvidia on m-cap podium; Flipkart’s block dealsGPU giant Nvidia has once again become the most valued publicly traded company in the world, boasting strong financials and sector dominanc...
- Lightspeed’s Bejul Somaia on the India opportunity; Q-comm’s EV rideHappy Monday! India holds an important place for Lightspeed despite the global reset in the tech sector, top official Bejul Somaia told us....
- Accel eyes more IPOs in ‘standout’ market India this yearAccel plans to take more startups public this year. The venture fund closed its eighth India-focused fund of $650 million. Accel aims to in...
- Accel nears close of new India fund at $650 millionAccel India has secured $650 million for its eighth fund, while its global growth fund has raised $1.35 billion. A portion of this will be ...
- Blackbuck’s early backers make up to 5X profit, but late investors lose on weak listingBlackbuck’s nearly 10-year-old journey has seen many ups and downs. It started off with a full-stack approach to aggregating trucks. When t...
- Lenskart’s rising valuation; consumption slump at new-age firmsHappy Tuesday! Lenskart is closing a new funding round that could significantly boost its valuation, sources tell us. This and more in toda...
- Healthkart’s secondary deal; Honasa shares plummetHealthkart has closed a secondary funding round that values the startup at $500 million. This and more in today’s ETtech Top 5.
- 2021 Year In Review | The Year Of The UnicornWhat was for a better part of a decade a trickle developed into a stampede as almost 39 startups achieved billion-dollar valuations this ye...
- Meet the new breed of 'super angel' investorsAngelList and ET picked these individuals for the access they enjoy, follow-on rounds they have backed and the overall quality of these sta...
- UrbanClap facilitates ESOP sale worth Rs 18 croreThe ESOP sale marks the second such event by the firm in under two years — the previous one was in July 2017.
- Why angel investors are no longer the force they used to beThere is now a glut of angel investors in India, but many newbies offer poor inputs and cut few deals.
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