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Coinbase ups CoinDCX bet; Prosus picks Ixigo stakeCoinbase is increasing its investment in the Indian cryptocurrency exchange CoinDCX. This and more in today's ETtech Top 5.- Prosus buys additional stake in Ixigo; Peak XV, Elevation sell sharesDutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an addi...
- Prosus buys 10% of Ixigo parent for Rs 1,296 crore; in talks to acquire additional stake from early investorsIxigo's parent company, Le Travenues Technology, is selling a 10% stake to Prosus for Rs 1,295 crore. The deal involves selling over 4.62 c...
- Prosus backs Ixigo; Bira's founder brews troubleIxigo is selling a 10% stake to Prosus to fund its growth plans. This and more in today's ETtech Top 5.
- China tech stocks jump as AI boom pushes index to four-year highChinese tech shares surged as AI excitement pushed the Hang Seng Tech Index to its highest level since 2021. Baidu led with a 19% rise, whi...
- Trip. com Group says MakeMyTrip will pay $3 billion for repurchaseMakeMyTrip plans to raise about $3 billion—via equity and convertible debt—to repurchase Class B shares from Trip.com Group.
- 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%....
- From Paytm to MakeMyTrip: How Indian startups are unwinding Chinese ownershipIndia’s largest online travel platform plans to raise $3 billion through a mix of debt and equity to buy back shares from Trip.com Group. O...
- 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 ...
- Hong Kong’s big bet to bring tourists back? Baby pandasHong Kong's six pandas are at the heart of a campaign to boost tourism and the struggling economy. Ocean Park's new panda cubs have sparked...
- Prosus gains $2 billion on Swiggy investment with IPO valuationProsus NV, Tencent's top investor, has made over $2 billion from its investment in Swiggy, highlighting the value of its portfolio beyond T...
- How the company boards of the future will be differentThen there are trends and technologies galloping ahead at an unprecedented pace, as well as heightened shareholder activism demanding board...
- Funds bet on a consumer boom to rival ‘Roaring Twenties’Investors from Aberdeen Standard Investments Inc. and GAM Investments to UBS Asset Management are increasingly pouring money into companies...
- Call me Harry: Prince asks host to introduce him without royal label at Scotland conferenceHarry spoke at an event for Travalyst, a coalition he co-founded.
- Naspers exits MakeMyTrip, leaves Ctrip largest stakeholder in portalChinese co will hold 49% in Indian travel operator; Naspers to get 5.6% in Ctrip after share swap.
- China’s Ctrip may put $100 million in ZomatoCtrip has not been among the most active Chinese strategics in India, with a sole investment in online travel agency Make-MyTrip.
- A new year of mergers awaits eTravel startupsOn the technology front, domestic ventures will also have to gear up for what has been described as Travel 3.0 in order to achieve increase...
- Medical tourism startup PlanMyMedicalTrip.com raises Rs 1.25 crore from angel investorsThe startup intends on utilising the fresh capital to increase its catalyst network, hire sales professionals and improve their customer’s ...
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