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Invesco raises SoftBank-backed Swiggy's valuation to $8.3 bn

TMT

05 January, 2024

Invesco raises SoftBank-backed Swiggy's valuation to $8.3 bn

U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 ......

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Deals Digest: 2023 ends on a sombre note as funding activity slows in last week

General

29 December, 2023

Deals Digest: 2023 ends on a sombre note as funding activity slows in last week

Private equity and venture capital deal flow continued to drop with the year coming to an end, as deal value ......

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Flashback 2023: Early-stage funding slips as mid, late-stage deals fall off a cliff

Finance

28 December, 2023

Flashback 2023: Early-stage funding slips as mid, late-stage deals fall off a cliff

Fewer startups raised funding in 2023 than in the previous two years of euphoria-driven dealmaking as angel investors, ......

SoftBank, TPG, PremjiInvest, NewQuest to make partial exit in FirstCry IPO

Consumer

28 December, 2023

SoftBank, TPG, PremjiInvest, NewQuest to make partial exit in FirstCry IPO

Japanese tech investor SoftBank and several other private equity-style investors will sell part of their stakes in ......

Pro
Flashback 2023: PE-VC firms script over $16 bn worth of exits in India

General

28 December, 2023

Flashback 2023: PE-VC firms script over $16 bn worth of exits in India

Galloping public market valuations and demand from both strategic buyers and private equity firms to join the cap table ......

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Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Consumer

23 December, 2023

Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Ola Electric, the electric two vehicle company started by Ola Cabs co-founder Bhavish Aggarwal with the backing of ......

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SoftBank completes nearly $600 mn India exit with neat profit

TMT

15 December, 2023

SoftBank completes nearly $600 mn India exit with neat profit

Japanese technology investment goliath SoftBank, which has been on a harvest spree in India having offloaded shares of ......

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SoftBank wraps up $375 mn India exit with a profit

TMT

08 December, 2023

SoftBank wraps up $375 mn India exit with a profit

Japanese technology investment goliath SoftBank, which has been on a spree to harvest money from its India portfolio, ......

Ola Electric slashes sales targets, delays profit goal ahead of planned IPO

Manufacturing

06 December, 2023

Ola Electric slashes sales targets, delays profit goal ahead of planned IPO

India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving......

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B2B unicorn OfBusiness hits the road to raise funds in pre-IPO round

Infrastructure

06 December, 2023

B2B unicorn OfBusiness hits the road to raise funds in pre-IPO round

Business-to-business e-commerce unicorn OfBusiness is in early stages of discussion with multiple investors – both ......

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