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Etailer Flipkart offloads Rs 2,400 crore investments to focus on core and IPOAccording to publicly available block deals data, Bengaluru-based Flipkart, which is majority-owned by US-headquartered Walmart, sold share...
Campuses chase startup gold; BlueStone cuts IPO sizeHappy Wednesday! Top-tier tech colleges and B-schools are becoming more invested in their tots' startup dreams. This and more in today's ET...
Flipkart exits Blackbuck, Aditya Birla Fashion in block deals worth over Rs 1,250 croreThis comes at a time when the broader market is rebounding, following a steep fall at the start of the year. The recent recovery is witness...
Nvidia on m-cap podium; Flipkart’s block dealsGPU giant Nvidia has once again become the most valued publicly traded company in the world, boasting strong financials and sector dominanc...
Zinka Logistics shares rise 3% after Quick Routes, and other investors pare stakes in bulk dealsZinka Logistics shares: Quick Routes International, an early and significant investor in Zinka Logistics, fully exited its position on Tues...
With new $650 million war chest for India, Accel eyes AI, consumer, fintech, manufacturing startupsAccel announced that it has raised a $650 million early-stage fund to support bold founders in India and Southeast Asia. This fund focuses ...
Accel closes eighth India fund with $650 million corpusThis will bring Accel's total investment commitments in India close to $3 billion. Accel’s US-based global growth fund closed its latest ro...
Accel nears close of new India fund at $650 millionAccel India has secured $650 million for its eighth fund, while its global growth fund has raised $1.35 billion. A portion of this will be ...
Blackbuck’s early backers make up to 5X profit, but late investors lose on weak listingBlackbuck’s nearly 10-year-old journey has seen many ups and downs. It started off with a full-stack approach to aggregating trucks. When t...
Binny Bansal exits PhonePe board; Blackbuck's mixed market debutBinny Bansal has stepped down from PhonePe's board, following his earlier departure from Flipkart. This and more in today’s ETtech Top 5.
Swiggy’s day out; banks on fraud patrolHappy Thursday! Swiggy delivered big on its market debut on Wednesday, leading to substantial gains for both early investors and employees....
IT campus hiring revival; Bluestone’s financialsAfter a lean phase last year, IT campus hiring is expected to take off in FY25 driven by demand for talent in AI, cybersecurity and data an...
VC firm Accel launches Atoms programme to back early-stage startupsAccel Atoms fund will invest $250,000 in startups with an uncapped convertible, meaning the venture capital firm will not pick up a stake i...
Khatabook gets $100-million funding, announces ESOP buybackThe capital will help Khatabook to build its financial services and strengthen its talent base. The company now aims to grow its ecosystem ...
ETtech Deals Digest: Swiggy, Lenskart raise funds this weekFood delivery platforms made headlines this week.
Trifecta Capital closes second debt fund with Rs 1,025 croreAcross the two debt funds, Trifecta has invested around Rs 2,000 crore in 72 early growth and growth stage startups since the launch in 201...
As GST era sets in, this is why coders and investors have their eyes on the highwayWith increasing margin pressure and high congestion at airports, ecommerce players are likely to turn to road freight in the GST regime.