Acko’s $120 million secondary; Udaan in talks for new fundingHappy Wednesday! Acko is finalising a secondary share sale transaction valued at $100-120 million. This and more in today's ETtech Morning ...
23 Oct, 2024, 07.24 AM IST
IHCL Q3 Results: Revenue rises 18% YoY to Rs 1,964 cr, PAT also up 18%For the nine months ended December 31, the company reported revenue from operations of Rs 4863.4 crore, up by 16.2% compared to the nine mo...
01 Feb, 2024, 07.47 PM IST
Udaan FMCG biz head Vinay Shrivastava quits; fourth senior exit since Sept’23Udaan's FMCG business head, Vinay Shrivastava, has resigned amid a series of senior exits at the B2B e-commerce firm. Shrivastava, with nea...
31 Jan, 2024, 09.49 PM IST
Promoter tag for Prosus in Swiggy IPO; SaaS play for revenue-linked financiersSwiggy's largest investor Prosus is likely to be tagged a promoter in the company as plans for trimming stake ahead of an IPO haven’t mater...
23 Jan, 2024, 09.24 AM IST
Udaan CFO Aditya Pande resigns; firm announces senior-level changesKiran Thadimarri, group finance controller, will be elevated to the executive management team. Further, Vishnu Menon, head - corporate stra...
22 Jan, 2024, 07.25 PM IST
Apple iPhones lift electronics exports; Udaan CFO exitsApple’s iPhone led the charge in India’s booming smartphone exports, contributing significantly to a record 22.24% growth in overall electr...
22 Jan, 2024, 07.22 PM IST
InterGlobe Enterprises appoints Aditya Pande as Group CEOAditya Pande has been appointed as the Group Chief Executive Officer of InterGlobe Enterprises, effective from March 1, 2024. This move fol...
22 Jan, 2024, 06.29 PM IST
udaan announces organisational changes in business and tech verticalsWhile the Essentials business will be integrated with the Discretionary business, the product and engineering will branch out as separate f...
04 Sep, 2023, 04.06 PM IST
CFOs warn about job cuts in education sector in next 6 monthsAccording to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...
05 Mar, 2023, 11.10 AM IST
Meet the Tribe Who Go Beyond Dreams16 Dec, 2022, 10.00 AM IST
Udaan fires over 1,000 employees in second round of layoffsThis is the second round of layoffs for Udaan after it laid off 180-200 employees, or 5% of its workforce, in June. Back then as well, the ...
04 Nov, 2022, 03.22 PM IST
Updates from Elon Musk-Twitter saga; Udaan takes convertible notes route to raise $120 millionElon Musk now calls himself ‘Chief Twit’ on Twitter. On Wednesday, the Tesla and SpaceX boss sauntered into the microblogging platform’s Sa...
27 Oct, 2022, 08.33 PM IST
Microsoft joins Udaan’s debt funding roundWith this, Udaan has now raised a total of $225 million through convertible notes.
18 Apr, 2022, 02.06 PM IST
Udaan closes $200 million debt financing through convertible notesFor Udaan, which has said it intends to go public in the next 18-24 months, the move to pick up debt financing through convertible notes co...
05 Jan, 2022, 10.05 PM IST
Back with alternative capital, Private Equity funds open doors to fresh talentPrivate equity, the emerging preferred source of alternative capital for Indian businesses is finally seeing green shoots of revival, month...
20 Jul, 2020, 12.09 AM IST
Months after the onset of covid-19, private equity funds are finally seeing green shootsFunds such as Warburg Pincus, Sequoia, Creador, Multiples Alternate Asset Management, Apax Partners, Bain Capital, Kedaara, ChyrsCapital, A...
19 Jul, 2020, 11.29 PM IST
Former IFMR executives’ run Kaleidofin partners with SEWA BankKaleidofin and SEWA Bank have launched the application across the bank’s network of 6,00,000 active customers.
16 Jan, 2018, 04.10 PM IST