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MAKEMYTRIP BUYBACK
Visa processing startup Atlys announces Esop buyback worth Rs 4 croreAtlys conducted its first Esop buyback worth Rs 4 crore, allowing eligible employees to sell up to 25% of their vested stock options. The s...- 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 ...
- Apple’s India pivot; Cloud, AI fuel Alphabet's gainApple is seeking to assemble all iPhones sold in the US in India by next year, the Financial Times reported. This and more in today’s ETtec...
- 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.
- Festive offers 2024 on loans, FDs, credit card spends: ICICI Bank, SBI, Axis Bank, Union Bank of India, Canara Bank, Bank of IndiaFestive offers 2024: Banks typically experience a significant surge in business, particularly in the retail segment, which includes housing...
- Decoding the digital competition law; AI's impact on IT hiringIndia’s consumer internet firms have voiced their disapproval of the ex-ante framework in the proposed digital competition law. This and mo...
- India’s Startup Mafia 2.0: Oyo, Ola, Udaan spawn most number of entrepreneursDrawing on a record inflow of venture capital in the past decade, 297 founders have set up some 253 startups, igniting talk of a new-look “...
- The fallout from China’s tech-tonic shiftTop executives, startup founders and CEOs of Indian internet firms including Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Make...
- The hottest job in tech startupsTwo decades ago, it seemed you couldn't walk down a street in Bengaluru without bumping into a software engineer. Today, one of the hottest...
- Who was John McAfee?We take a closer look at the life of John McAfee, who was termed as the godfather of antivirus but was as far from the stereotype of a prog...
- Draft India e-commerce rules continue to roilIn today's ETtech Morning Dispatch: New India e-commerce rules to hit Swiggy and Zomato, Uber and Ola, and MakeMyTrip and Urban Company; Ti...
- Sachin Bansal: The poster boy of Indian ecommerce who redefined 21st century startupsSachin led 11-year-old Flipkart through most of its existence as CEO from 2008 to 2015, and, with the current stake sale, has reached a mil...
- Walmart’s acquisition of Flipkart rakes in $500m moolah for FlipstersFlipkart’s stock options are granted over a four-year period, with employees allowed to vest them every month after a one-year threshold.
- Pecking order at Flipkart after last funding roundFlipkart cofounder and group CEO Binny Bansal sold shares worth $30-35 million in the buyback last year, bringing his stake down from 7.6% ...
- Here's how 2017 has been a roller coaster ride for Indian startupsThe year began and is ending on a high note for SoftBank, with its decision to invest in India through Vision Fund in January to sealing a ...
- Diwali bonus for Flipkart staff: Board approves $100 million ESOP repurchase planShare buyback plan marks the largest such programme for Indian startup and offers stakeholders the biggest opportunity to liquidate their h...
- OYO eyes Rs 413 crore through proposed rights issue in fresh funding roundThe new round of funding will peg the post-money valuation of the Gurugram-based startup at Rs 3,129 crore or about $460 million, the filin...
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