BlackRock, Neuberger bought Adani debt post Hindenburg bombshellBlackRock and State Street increased their holdings of Adani Group dollar bonds, while Lombard Odier and Neuberger Berman also raised their...
24 Jan, 2024, 12.16 PM IST
Fidelity, BlackRock cut fintech giant Ant’s valuation furtherBoston-based Fidelity Investments cut its estimate for Ant to $70 billion at the end of May, according to Bloomberg calculations based on f...
16 Aug, 2022, 05.14 PM IST
Pine Labs files for a 'confidential' US IPO to raise up to $500 millionPine Labs, which is likely to list on the US exchanges in mid 2022, may look to seek a valuation of $6-7 billion from its $500-million IPO.
11 Jan, 2022, 01.19 AM IST
Fintech startup Pine Labs to seek $500 million in US IPOThe listing could give Pine Labs a valuation of about $5.5 billion to $7 billion, they said, asking not to be identified because the matter...
10 Jan, 2022, 12.52 PM IST
Fintech startup Pine Labs to seek $500 million in US IPOPine Labs serves over 150,000 merchants in India, the Middle East and Southeast Asia. The company has expanded both organically and via acq...
10 Jan, 2022, 12.26 PM IST
Snapdeal files IPO papers to raise Rs 1,250 croreSnapdeal's IPO consists of a fresh issue of shares worth Rs 1,250 crore and an offer for sale of 30.77 million shares, according to its dra...
21 Dec, 2021, 11.05 AM IST
BlackRock, three others buy $1.4 billion of Bandhan Bank sharesBandhan Financial Holdings Ltd. sold 337.4 million shares in the Indian lender at 313.1 rupees in a block trade on Monday, a 9.3% discount ...
03 Aug, 2020, 10.00 PM IST
Alibaba gets CCI nod for acquiring 4.14% stake in SnapdealChinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
15 Oct, 2015, 10.00 PM IST
Snapdeal raises Rs 3,259 crore from Alibaba, Foxconn and SoftBankThe latest round valued Snapdeal at $4-4.5 billion, according to sources who declined to be identified. This could not be independently ver...
19 Aug, 2015, 05.20 PM IST
Snapdeal acquires Letsgomo Labs to improve mobile technology capabilitiesFounded by Manav Kamboj and Vikas Banga, Letsgomo Labs helps companies with end to end mobility solutions like building mobile strategies.
15 Jun, 2015, 05.27 PM IST
Tata's less than 1% stake in Snapdeal still the biggest endorsement for Indian e-commerceThe minority investment by India’s biggest corp czar is also seen as an acceptance by the traditional business houses of India's consumer i...
26 Nov, 2014, 11.34 AM IST
Softbank's $650 million investment to value Snapdeal at $2 billionMultiple sources familiar with the transaction said that the fund-raising will leave Snapdeal with a valuation of around $2 billion.
16 Oct, 2014, 08.47 AM IST
We are not looking for financing, says SnapdealSnapdeal has invested about $ 100 million in logistics and operations to expand its presence in the $ 3 billion Indian eCommerce market.
26 Aug, 2014, 05.37 PM IST
India’s biggest online retailer Flipkart sets a new benchmark, raises $1 billion in fresh fundsHalf of the amount will come from Tiger Global, Russian billionaire Yuri Milner's DST and Accel Partners while rest will come from several ...
23 Jul, 2014, 09.45 PM IST
Amazon India entry has raised the consolidation pace in eCom'"The global leader is expected to vie for the top slot in India as well, which has triggered an increased urgency and competitiveness withi...
13 Jul, 2014, 11.15 AM IST
Snapdeal takes first step towards primary markets, initiates talks with Goldman Sachs, Credit SuisseSnapdeal, which was valued at $1 billion (about Rs 6,000 crore) after its last funding round in May, has raised some $320 million in severa...
18 Jun, 2014, 12.20 PM IST
Private equity investment activity in May halves to $ 904 millionThe top deal of the month was DST Global led $ 210 mn investment in Flipkart Private Ltd. The investment takes Flipkart's total fund raised...
16 Jun, 2014, 06.32 PM IST