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XPRESSBEES VALUATION
Darwinbox secures $40 million funding from Canada's OTPPDarwinbox secured $40 million from Teachers’ Venture Growth after a $140 million round in March, valuing the HR solutions provider at $1 bi...
Logistics company Shadowfax eyes Rs 3,000 crore IPOShadowfax Technologies, supported by Flipkart, prepared for an IPO aiming to raise Rs2,500-3,000 crore, seeking a valuation of Rs5,000-8,00...
Venture firm Promaft Partners announces inaugural Rs 1,000 crore fundVenture capital firm Promaft Partners is raising its first fund of Rs 1,000 crore, with a greenshoe option of Rs 200 crore. Promaft has bee...
ETtech Deals Digest: Funding crunch continues, investments down 40% in November to $409 millionNew-age tech companies raised a total of $409 million in November across 63 rounds, according to data from market research firm Tracxn. Ove...
Mamaearth parent's muted market debut, early investors clock gains; Xpressbees bags $80 millionHonasa Consumer had a rather flat debut on the stock markets today, opening at a 2% premium to its issue price. This and more in today’s ET...
Snap’s Evan Spiegel on growing beyond 200 million users in India; Banks woo fintechs to push gold loansSnap CEO Evan Spiegel elaborated on his plans for India, his vision for artificial intelligence (AI) and augmented reality (AR) in the days...
Ontario Teachers venture arm invests $80 million in XpressbeesInvestment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.
Ranjan Pai in talks for stake in FirstCry; IT hardware firms may get more time for local manufacturingManipal Group chairman Ranjan Pai is likely to pick up a stake in FirstCry, as part of a secondary share sale. Pai’s Rs 250 crore investmen...
Ontario Teachers' fund weighs $100 million investment in ecommerce logistics startup XpressbeesThe Canadian pension investor may buy a stake in the firm at about a $1.4 billion valuation.
Ecommerce logistics firms Delhivery, Ecom Express, Xpressbees give aggregators a price shockCountry’s three largest ecommerce-focused delivery firms hike rates for aggregators by 35-40%.
FirstCry appoints bankers, eyes IPO in 2022FirstCry cofounder and CEO Supam Maheshwari declined to comment while emails sent to Kotak Mahindra Capital and Morgan Stanely are yet to e...
Logistics firm Xpressbees raises $300 million in funding from PE funds Blackstone, TPG, ChrysCapital at $1.1 billion valuation“We will use the capital for financing technological advancement, increasing automation and to grow geographical presence. We will also loo...
Ashneer Grover vs Sequoia; Xpressbees could be next unicornBharatPe cofounder Ashneer Grover could face increased scrutiny as expletive-laden emails he allegedly sent to an employee of Sequoia Capit...
Xpressbees headed to unicorn club, in talks for $300 millionXpressbees will raise $100 million by offering fresh shares, where the proceeds will go into the company’s coffers, the people said. Some o...
ETtech IPO Watch: A decade of DelhiveryDelhivery is currently in talks with marquee global investors to raise a pre-IPO round at a valuation of around $3 billion
Delhivery aims for pre-IPO funding at $3 billion valuationThis indicates an almost 50% higher valuation for the SoftBank-backed Delhivery in about three months, if a deal is concluded.
FirstCry in talks to raise up to $200 million at nearly $2 billion valuationFirstCry, which is in funding talks with TPG Growth, Premji Invest and ChrysCapital, aims to go for listing in 24-36 months and wants to re...
Exclusive: FirstCry's early investors look to sell stake at $2.1 billion valuationThe valuation being ascribed to BrainBees Solutions (FirstCry) is almost double of its previous funding round in 2019.
BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
Alibaba in investment talks with Delhivery and Xpressbees LogisticsThe Chinese company is also chalking out a plan to get Paytm to spin off its marketplace business and plans to top it up with more capital,...