Mintifi’s deliberations are still ongoing and fairly at an early-stage, with the company being involved with at least four investors. The final funding amount and the valuation can go a notch higher as well.
The funds will be used to strengthen its foothold in markets across India, North America and Asia Pacific and to expand to new territories in Europe, West Asia and Japan, the company said
The B2B startup will use the funds to strengthen infrastructure, expand offerings, including BNPL solutions for small and medium enterprises, and scale co-lending platform
Mattress brand Duroflex earlier raised $22 million growth fund in 2018 from Lighthouse Funds for a 25 percent stake in the company. With the recent fund raise, Lighthouse Funds will dilute some of its stake in the company but remain largely invested in it.
According to bulk deal data available with BSE, Norwest Venture Partners VII-A-Mauritius offloaded a total of 50 lakh shares, or 9.30 per cent stake, of Thyrocare Technologies.
Online furniture marketplace to use funds to fuel growth and expansion. Latest funds infusion comes from Goldman Sachs, Bertelsmann India Investments, Norwest Venture Partners, and Zodius Technology Fund.
Online travel portal Yatra will merge with NASDAQ-listed Terrapin 3 Acquisition Corporation. The deal values Yatra at 218 million dollars, and once the merger is complete, the new entity will list on the NASDAQ as Yatra.
Its pioneering missed call service aids online profile creation for masses with no internet access over 25 lakh active candidate profiles and 16 lakh jobs listed
Quikr, India’s No. 1 cross category classifieds business, announced that it ...
Other than Singapore's sovereign wealth fund- GIC and venture capital Norwest Venture Partners (NVP) this year, the company has previously raised about Rs 100 crore through two rounds of funding from Indigo Monsoon, Mitsui and NVP.
Online furniture retailer Pepperfry on Tuesday said it will raise fresh funds of USD 60-80 million (up to Rs 500 crore) in the next two months.
The deal would mark an over 12-times appreciation for this investment by Reliance Capital, the financial services arm of Anil Ambani-led business conglomerate Reliance Group, which had acquired a 16 per cent stake in the online travel company for Rs 40 crore in 2006.
Brokerages believe its big expansion plan (of raising capacity to 1 lakh pallets by next financial year) is expected to boost the operating performance of the company over the next two years.
ICICIdirect.com is bullish on Gateway Distriparks and has recommended buy rating on the stock with a target price of Rs 140 in its June 18, 2013 research report.
Online travel firm Yatra Online Private Ltd said on Wednesday it received Rs 2 billion in funds from investors including Valiant Capital Management, Norwest Venture Partners and Intel Capital.