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Together Fund’s Manav Garg joins portfolio firm Emergent as executive chairmanAnnouncing the move in a LinkedIn post on Thursday, Garg stated that he will continue supporting founders and portfolio companies at Togeth...- Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...
- Premji Invest in talks to join Emergent fundraisePremji Invest is reportedly in talks for a significant investment in coding platform Emergent's $250 million funding round, which could val...
- Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
- Monish Darda steps back from Icertis operations to launch AI firmHe will continue to serve as the chief mentor at Icertis while also remaining on its board, Darda said. With AI becoming more mainstream, m...
- Post-listing, SoftBank’s holdings in Ola Electric, FirstCry, Unicommerce worth $2 billionThe Japanese technology investor has already raked in $400 million from secondary stake sales in these three companies. SoftBank had invest...
- FirstCry plans secondary offer to sovereign funds at $ 3 billion valuationInitial talks on for around $100m transaction; SoftBank to sell small stake.
- TPG-backed FirstCry nears $700 million IPO filingThe online baby product marketplace is seeking a valuation of at least $6 billion, said the people, who asked not to be identified as the i...
- FirstCry’s NIIF deal falls through; Premji Invest to buy the stakeThe development comes at a time when FirstCry has also begun work to go public later this year. It appointed Kotak Mahindra Capital and Mor...
- India's sovereign wealth fund invests in FirstCry; SoftBank, others offload stake in secondary dealChiratae Ventures and Newquest Capital Partners have also sold parts of their holding in the company. SoftBank will still have around 30% i...
- GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.
- PolicyBazaar raises over $238 million in SoftBank-led roundExisting investors including Info Edge (India) Ltd also participated in the Series F round, ETechAces, which owns PolicyBazaar and online l...
- Premji’s success Myntra fetches 420% returnsPremjiInvest will make more than $130 million on its $25 million (Rs 155 crore) investment in Myntra in early 2014.
- Snapdeal board rejects $800-$900 million buyout offer from FlipkartThe development comes days after Flipkart, the country’s largest online retailer, completed its commercial and legal due diligence of Snapd...
- PremjiInvest writes to Snapdeal again for sale clarityThis is the second query, in as many months, from the investment firm asking how the rights of minority shareholders will be protected.
- A Snapdeal board meet could end with a Flipkart dealPrimary stakeholders Snapdeal to meet today to thrash out the final details of its sale to rival ecomm firm Flipkart
- Wipro Chairman Azim Premji calls on PM Narendra ModiPM Narendra Modi has been meeting business leaders regarding initiatives such as 'Digital India' and 'Make in India'.
- Snapdeal co-founders Kunal Bahl and Rohit Bansal too contribute in recent funding roundHe declined to disclose the amount invested by the two cofounders or their exact stakeholding in the company, citing confidentiality.
- SoftBank buys $627 million stake in online retailer SnapdealSnapdeal will use the investments in expanding its chain of fulfilment centres and make acquisitions specifically in the area of mobile tec...
- 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.
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