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LONE PINE CAPITAL
Raised in Bengaluru and from a family of doctors, she has built world's fastest-growing hedge fund. Who is Harvard-educated Mala Gaonkar?Bengaluru-raised Mala Gaonkar has built SurgoCap Partners into one of the fastest-growing hedge funds, tripling assets to nearly $6 billion...- Mala Gaonkar’s hedge fund assets hit $6 billion in three yearsMala Gaonkar's SurgoCap Partners experienced a rapid ascent, tripling its assets to $6 billion within three years of its 2023 launch. This ...
- Hedge funds shift bets to double down on Big Tech amid AI boomTop hedge funds, including Bridgewater, Tiger Global, Discovery Capital, and Coatue, ramped up investments in Big Tech and AI-related stock...
- Fintech Airwallex valued at over $6 billion in latest funding roundThe latest round, which included investors like Square Peg, DST Global, Lone Pine Capital and Blackbird, brings Airwallex's total funding t...
- Hedge fund titan Steve Mandel goes all-in on AI, pumps $100 million more into his favorite tech stock; here's why he is so bullish on itSteve Mandel of Lone Pine Capital added $100 million more to his investment in Meta Platforms, totaling $1.19 billion. Meta is focusing on ...
- Razorpay’s payments entity reports flat profit of Rs 7.3 crore in FY23Razorpay Software Pvt Ltd saw its revenue from operations grow 54% in FY23 to Rs 2,279 crore from Rs 1,481 crore in FY22. Employee benefits...
- Payments firm Airwallex expands to Israel, seeks cyber security acquisitionsFounded in Australia, the financial technology company said its Israeli operations, which will begin on Thursday, would be a first step tow...
- Razorpay makes international foray with Curlec acquisitionRazorpay will take its payments stack, including payment links, payment pages and gateway services, to the Malaysian market. Over time, it ...
- ETtech Deals Digest: Pine Labs, Lenskart raise fundsIndia’s startup ecosystem witnessed bigger funding rounds this week compared to the last.
- Pine Labs raises $285 million in new funding roundPine Labs says this is the “first close” of an ongoing funding round, wherein it’s seen raising a further $100 million. Pine Labs’ valuatio...
- Unicorn brothersIn today's ETtech Morning Dispatch Newsletter, newly minted unicorns Pine Labs and Lenskart are is talks to raise $300 million each, WazirX...
- Pine Labs may raise $300 million, valuation likely to jump to $3 billionLondon-based Marshall Wace is one of the top investors participating in the new financing round of the commerce solutions provider to merch...
- Patreon valuation trebles after Tiger Global-led new funding roundPatreon has raised $155 million in a Tiger Global-led fresh funding round at a valuation of $4 billion. The creators' platform is said to b...
- Pine Labs eyes US IPO in 2022 with $5bn valuationPine Labs, which provides digital payments and commerce solutions to merchants, has started working towards an IPO by March 2022 in the US,...
- Pine Labs eyes US IPO by March 2022Pine Labs, which was last valued at $2 billion in December 2020, has begun early-stage discussions with at least four merchant bankers to w...
- Pine Labs raises $75-100 million in fresh funding at $2 billion valuationPine Labs has become the third-most valued fintech startup in India behind Paytm and PhonePe, after this $75-100 million funding round led ...
- 8th weekly instalment of ₹6,000 crore released to states meet the GST compensation shortfallMinistry of Finance has released the 8th weekly instalment of ₹6,000 crore to the states to meet the GST compensation shortfall.
- Arvind Kejriwal urges Centre to ban all incoming flights from UK in wake of new COVID-19 strain
- Artificial Intelligence can help better prediction of cholera outbreaks in coastal regions of India, reveals new study
- Hedge funds are dumping Facebook and GoogleSome prominent hedge funds retreated from the FAANGs in the fourth quarter.
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