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Clear appoints former Google India, Flipkart executive Saran Chatterjee as chief product officerIn his new role, Chatterjee will spearhead product management, design, and product marketing for the firm.- Dealshare turns unicorn after $165 million funding from Tiger Global, Alpha WaveTiger Global invested almost $40 million while Alpha Wave Ventures invested more than $31 million. After the funding, Tiger Global owns 11....
- IndiaFilings closes $4.3 million in secondary share sale to BeeNext, Udtara VenturesThe bootstrapped company saw its promoters and early angels partially sell shares to the incoming investors.
- Clear onboards Medlife's Gowri Shankar Nagarajan as EVP of enterprise businessCurrently, Clear processes about 10% of India’s B2B invoices with over $300 billion in trade value every year and more than 10% of India’s ...
- Clear raises $75 million from Kora Capital, Stripe and othersStripe, the most valued startup in the US, last week made its first India acquisition with Recko
- Zomato IPO: Info Edge to sell stake worth Rs 750 crore via OFSInfo Edge will sell stake worth Rs 750 crore in the IPO of the food delivery aggregator, the company said in an exchange filing.
- Pankaj Razdan likely to join Edelweiss Wealth Management as VC and MDPankaj Razdan, a financial services industry veteran, is likely to join Edelweiss Wealth Management as its vice chairman and managing direc...
- Pankaj Razdan likely to join Edelweiss Wealth Management as VC and MD“Pankaj Razdan will work closely with Nitin Jain who will continue to drive the operations,” said one of the people. Jain is the chief exec...
- Jack Ma-backed Zomato planning to file $650 mn IPO next monthThe company could complete the listing in Mumbai before the end of September, the people said, asking not to be identified as the informati...
- Zomato closes $250 million funding round at $5.4 billion valuationZomato has benefited from a revival in the online food ordering sector after a few tough months last year due to the nationwide lockdown, i...
- Zomato raises $195 million in funding from 6 investors, valuation touches $3.6bnUpon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8% on fully converted and diluted basis,...
- With 45% share, RIL is PE/VCs’ favourite investment destinationPE/VCs have invested about $9.9 billion in Jio Platforms and $2.3 billion in Reliance Retail this year. If it hadn’t been for Reliance Indu...
- Zomato will go public by first half of 2021, as Tiger Global, others join financing roundFor Zomato, the new round of financing led by US and Singapore-based financial investors comes amid uncertainty surrounding the India strat...
- Tiger & Kora in $250 million Zomato funding roundFor Zomato, the new round of financing comes amid uncertainty surrounding the India strategy of its prominent backer - China's Ant Financial
- Edelweiss spikes 5% on reports of stake sale in EGIAEdelweiss is likely to announce final transactions within a week.
- Edelweiss unit raises Rs 525 crore from Sanaka Capital, othersThe proposed investment in the business is subject to regulatory approvals.
- Edelweiss Q1 net slumps 50% on tight liquidityProfits fell to Rs 134 crore from Rs 264 crore in the corresponding quarter a year ago.
- Edelweiss to sell 20% of wealth businessEdelweiss Financial Services, the main holding company, does credit, franchise and advisory and insurance.
- Finmin clears 3 FDI proposals worth Rs 3,250 croreThe proposals included that of Hindustan Infralog Pvt Ltd which sought approval for foreign investment from DP World Global Investment BV, ...
- IndusInd Bank, shareholders to invest Rs 205 crore in Satin Creditcare networkAsian Development Bank-backed microfinance lender Satin Creditcare Network is in the process of raising Rs 205 crore from private sector In...
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