Naspers
TMT
Does Swiggy really need $50 mn more to fight Foodpanda and Zomato?
Online food ordering startup Swiggy.com is said to be in talks to raise at least $50 million (around Rs 325 ......
TMT
Flipkart suffers yet another valuation markdown
Just when Flipkart Internet Pvt. Ltd was consolidating its position under the new CEO Kalyan Krishnamurthy, a fresh bout of ......
TMT
Morgan Stanley slashes Flipkart valuation to $5.39 bn
Indian e-commerce firm Flipkart has suffered its second markdown in as many months with a mutual fund managed by Morgan ......
TMT
Fidelity joins Morgan Stanley in slashing Flipkart's valuation to $5.6 bn
Fidelity Rutland Square Trust II, the mutual fund managed by Fidelity Investments, has lowered the value of its investment in ......
TMT
Naspers-owned PayU leads Series A round in ZestMoney
Chalk Farm Ventures Pvt. Ltd, which runs consumer lending startup ZestMoney, has raised $6.5 million (Rs 44 crore) in a ......
TMT
Vanguard trims stake value in Flipkart again
A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart ......
TMT
Morgan Stanley slashes Flipkart valuation to $5.57 bn
A mutual fund managed by Morgan Stanley has marked down the value of its shares in Flipkart by 38.2% leaving ......
Others
Weekly Deals Tracker: Rosneft buys into Essar Oil; Wipro, HCL acquire US firms
In what is the largest-ever infusion of foreign direct investment into India, Russian government-owned energy major Rosneft acquired...
TMT
ibibo to merge with MakeMyTrip; Naspers-Tencent to own 40% stake in combined biz
In the biggest consolidation move in the online travel agency (OTA) space in India, NASDAQ-listed MakeMyTrip Ltd has agreed to ......
TMT
Flipkart's valuation up again following a markup by Valic
After suffering seven successive markdowns, India's largest e-commerce company Flipkart saw some relief with two US-based mutual funds marking up ......
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