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Bernstein analyst pegs Alibaba’s valuation at $245B as the e-com giant prepares for US IPO

Sainul K Abudheen

According to data compiled by FactSet, a $245 billion valuation would make Alibaba the ninth-biggest US-listed company in the S&P 500, just shy of Wal-Mart Stores’ $249 billion market cap.

Nexus Venture Partners makes seed investment in social learning network Function Space

Sainul K Abudheen

Sandeep Singhal, co-founder & MD of Nexus Venture Partners, will be joining the board of Function Space.

Yatra.com raises $23M in a new round from IDG Ventures and Temasek’s VC arm Vertex

Sainul K Abudheen

Yatra’s existing investors, including seed investor Norwest Venture Partners, also participated in this round.

Kalaari Capital invests over $4.9M in tablet maker Swipe Telecom

Nikita Peer

The company claims to have emerged as the leading tablet brand in a few north Indian states.


General Atlantic's Gary Reiner, Cory Eaves join CitiusTech board

While Reiner is an operating officer at GA, Eaves is a managing director and head of GA’s Resources Group.

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