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SOFINA INVESTMENT
Meta to invest $900 million in Cred; founder Kunal Shah appointed WhatsApp global CEOFintech giant Cred has secured a significant Rs 8,550 crore funding round, led by Meta, valuing the company at $4.5 billion. As part of the...- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- FirstClub raises $55 million from Peak XV, Sofina; valuation doubles to $255 millionQuality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round led by Peak XV Partners and Sofina, ...
- Peak XV joins UK infrastructure startup Primer’s $100 million funding roundPeak XV Partners has joined a $100 million fundraise for global payments infrastructure startup Primer, marking another overseas investment...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- In fresh trouble, B9 Beverages gets legal notice from HNGILCraft beer maker Bira 91 faces a new legal challenge. Hindusthan National Glass & Industries has issued a notice alleging over ₹8 crore in ...
- Former Deloitte India chairman PR Ramesh joins VerSe Innovation as independent directorPR Ramesh, former Deloitte India chairman, has joined VerSe Innovation as an independent director and will chair its audit committee. He wi...
- Health food brand The Whole Truth raises $15 million in funding round led by Belgian investment fund SofinaThe funding round was led by Belgian investment fund Sofina, with participation from existing investors including Z47, Peak XV Partners, an...
- Block deal impact: Mamaearth shares fall 4% as 66 lakh shares change handsMamaearth Share Price: Shares of Honasa Consumer, owner of Mamaearth, dropped 4% post a block deal where 66.20 lakh shares exchanged at Rs ...
- Agritech startup DeHaat raises $60 million in Series E round co-led by Sofina, TemasekSofina Ventures and Temasek co-led the Series E funding, with other existing investors RTP Global Partners, Prosus Ventures and Lightrock I...
- Mumbai-based D2C brand Skillmatics raises $16 millionFounded in 2017 by Dhvanil Sheth and Devanshi Kejriwal, Skillmatics operates in the $100 billion global toys and games market. The startup ...
- Mamaearth raises $52 million in latest round of fundingThe round also saw participation from some existing investors like Belgian investment firm Sofina Ventures SA and some new funds such as UA...
- Unacademy in talks to invest in school chain OrchidWith this move, the edtech startup will enter the K-12 segment where Byju's dominates
- Mamaearth valued at $730 million as Sofina leads $50 million fundingD2C brand to go deeper in offline market, acquire personal care brands.
- ETtech Exclusive: Sofina-led funding may value Mamaearth at $700 millionThe financing round is expected to be in the range of $60-$80 million.
- Bira 91 owner B9 Beverages raises $20 million in bridge financing from Sequoia Capital, SofinaBira competes with the likes of global beverages giants Anheuser-Busch InBev, Carlsberg and United Breweries, among others. Additionally, t...
- Sequoia-backed B9 beverages raises $50 million from SofinaSofina’s investment in Bira is the latest by the Belgian investment firm which has backed a number of leading Indian consumer and consumer ...
- Hector Beverages raises Rs 183 crore in fresh round of funding from new and existing investorsHector Beverages, maker of ethnic drinks brand Paper Boat, has raised about Rs 183 crore in funding led by Belgian investor Sofina and Chin...
- Myntra weighing competing offers to raise over Rs 300 croreThe board of directors at online fashion retail portal Myntra is considering offers from two competing groups of investors eager to back th...
- Varun Shipping raises Rs 233cr to expand fleetVSC, the largest owner of LPG vessels by tonnage in India, has raised Rs 233 crore at a price of Rs 75 per share by issuing equity shares a...
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