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VITRUVIAN PARTNERS
SBI Mutual Fund buys 2.4 lakh shares in Pine Labs, crosses 5% stakePine Labs, which listed on the exchanges in November last year, currently commands a market capitalisation of about $2.4 billion on the BSE...
Pine Labs seeks $2.9 billion valuation in IPO, nearly half its last private roundPine Labs is preparing an IPO in India with a pre-money valuation of about $2.9 billion, nearly half its $5 billion 2022 valuation. The com...
Logistics startup Porter set to close extended funding round of upto $300 million: sourcesThe extended funding round size would be around $300-310 million, according to people with knowledge of the matter. Of this, around $250-26...
Israel's Cato networks raises $359 million, valued at more than $4.8 billionNew investors, including Vitruvian Partners and ION Crossover Partners, as well as existing investors, including Lightspeed Venture Partner...
Porter joins unicorn club with $200 million funding round; valuation hits $1.2 billionThe funding round for the on-demand logistics platform marked the exit of its early investors -- Peak XV Partners fully sold off its positi...
Pine Labs gets NCLT nod to reverse flip Singapore entityIn an order issued on April 9, the Chandigarh-bench of the NCLT said that Pine Labs has taken approvals from all statutory and regulatory b...
More PEs head to India armed with big money to bag dealsGrowtheum Capital Partners, a private equity firm headquartered in Singapore, is scheduled to inaugurate its Mumbai office this July, joini...
Pine Labs FY23 revenue surges 56% to Rs 1,588 crore, losses dip marginallyPine Labs majorly deploys point of sales terminals at retail merchant outlets and recently started its online ecommerce payments business t...
Logistics startup Porter recasts top management; cofounder Uttam Digga named CEOPrior to this elevation, Digga was chief operating officer at the Bengaluru-based company.
ED searches premises linked to Byju’s over alleged violation of forex rulesFounder Raveendran to be summoned for questioning; co says it has provided all info sought by ED
Karti Chidambaram wants govt to probe edtech giant Byju's financesKarti Chidambaram said that "Byju's has not yet gotten its financial statements for FY2020-21 audited from its auditor Deloitte, and will t...
Byju’s closes $800 million pre-IPO fundraise at a valuation of $22 billionThe round, which comes ahead of its planned initial public offering (IPO), values the Bengaluru-based company at about $22 billion, people ...
Byju’s-owned Great Learning acquires Northwest Executive Learning in $100 million dealFounded in 2015, Northwest Executive Education offers programmes in management, leadership, technology, healthcare, innovation and other in...
ETtech Deals Digest: Turtlemint, WoodenStreet, Geniemode, others raised funds this weekInsurtech startup Turtlemin, Singapore-based Believe Pte Ltd, Furniture and home decor platform WoodenStreet were among the startups that r...
Insurtech startup Turtlemint bags $120 million as valuation tops $900 millionThe company intends to use the fresh funds to expand in new geographies, including international expansion into Southeast Asia scale its le...
ETtech Deals Digest: Games24x7, Pine Labs, Finova, IndMoney, others raise fundsGaming platform Games24x7 has raised $75 million in a funding round that was led by Malabar Investment. Edtech startup Classplus, which hel...
Pine Labs raises $50 million from PE major Vitruvian Partners at a valuation of $5 billionLast month, it had closed a $150 million financing from Alpha Wave Global (previously Falcon Edge) which also included a secondary share sa...
Govt’s data use policy sparks concerns; Shopee exits India; Pine Labs bags $50MIndustry groupings argue that this could open up a pandora’s box of privacy risks in the absence of a data protection law. They are also se...
Tech-based logistic firm Porter raises Rs 750 crore in Series E fundingThe company will leverage this capital infusion to consolidate its position, focus on acquiring talent and expand operations to enter the t...
Real estate site IndiaHomes.com raising $50 million more from existing investorsIt’s buying smaller rival Favista.com based in Gurgaon for about $2.2 million and has taken over Mumbai-based technology company Vitruvian ...