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INFRA.MARKET STAKE SALE
Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.- Domestic MFs double their holdings in new-age startups over a yearThese institutions accumulated significant stakes in consumer internet firms Eternal, Swiggy, Nykaa and PB Fintech this past year, despite ...
- Exclusive: Razorpay invites banker pitches for IPO; targets Rs 4,500 crore fundraiseRazorpay has begun formal preparations for a stock market debut, inviting merchant bankers to pitch for its IPO mandate, people familiar wi...
- Infra.Market files for Rs 5,000 crore IPO via confidential routeThe confidential IPO route is facilitated under Regulation 59C of the Sebi (Issue of Capital and Disclosure Requirements) Regulations. Inve...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Jumbotail’s unicorn round; Infy on employees’ mental healthB2B firm Jumbotail has become a unicorn with its latest $120 million funding round. This and more in today’s ETtech Top 5.
- Q-comm firms add fees to cart; Curefoods joins IPO queueHappy Monday! Quick commerce players are introducing new charges to offset rising losses. This and more in today’s ETtech Morning Dispatch.
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Infra.Market raises $121 million in pre-IPO funding; B2B startup now valued at $2.8 billionInfra.Market, an online marketplace for construction materials, has raised $121 million in a funding round as it prepares to list on the st...
- Stripe pulls back from India; Oxyzo FY24 resultsCiting stricter regulatory requirements, US payments major Stripe has shifted to an ‘invite only’ mode in India. This and more in today’s E...
- Online eats into offline; Agnikul defers rocket launchThe rapid adoption of quick commerce and food delivery apps is eating into the sales of retail, and quick service restaurants. This and mor...
- Infra.Market sells 10% stake in RDC Concrete for $20 millionThe current fundraise values RDC Concrete at $225 million, Infra.Market said. It had acquired RDC Concrete for $90 million in September 202...
- Infra.Market to buy majority stake in Strata Geosystems for $111 millionThe business-to-business (B2B) platform for construction materials plans to fund the acquisition by raising $150 Million from Varde Partner...
- Infra.Market achieves 6X growth in operational profitability, EBITDA crosses Rs 400 croreThe company's revenue grew from Rs 1243 crore in Financial Year 2021 to 6236 crore in Financial Year 2022.
- Infra.Market hid Rs 224 crore of income, I-T probe finds; cofounder distances himself from TrellOn Sunday, the department said in a press statement that it has found evidence of attempted tax-evasion at “a startup based in Pune and Tha...
- Unicorn valuations gallop in record time amid IPO rushFewer available assets, Covid-led growth, cheap liquidity accelerate valuation by 12-18 months
- Swiggy, Zomato face backlash on TwitterOver the past week, posts by food delivery workers complaining about poor treatment by Swiggy and Zomato have gone viral on Twitter.
- Nykaa files for IPO; Infra.Market worth $2.5BFrom Nykaa filing its IPO to Infra.market's new fundraising and Deepinder Goyal's interview, here's a quick look at the top tech news today.
- Infra.Market gets funding at $2.5-billion valuation, eyes acquisitionsInfra.Market, after its latest funding round, is looking to acquire medium-sized brands in the construction space to widen offerings within...
- ETtech Deals Digest: Logistics startups raise bigger financing roundsLogistics and supply chain startups bagged bigger rounds this week. Meanwhile, Mensa Brands—the Thrasio-style venture of former Myntra CEO ...
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