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May 29, 2023 02:00 PM IST Atomberg plans to use the funds to boost manufacturing capabilities, support new product launches, and deepen its presence in offline stores in key regions.
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May 29, 2023 10:29 AM IST FTX and its sister trading house Alameda Research went bankrupt in November, dissolving a virtual trading business that at one point had been valued at $32 billion.
- May 24, 2023 10:50 AM IST
Bleak funding prospects, operational inefficiency and the pressure to grow rapidly have slowed DeHaat’s relentless march. Moneycontrol spoke to stakeholders, industry watchers, and experts to get a closer look at the troubles that are dogging the agritech ‘soonicorn’.
- May 06, 2023 03:29 PM IST
The potential deal could boost BlueStone's plans to expand aggressively in India, the second-largest jewellery consuming nation behind China, as demand surges after the pandemic.
- April 21, 2023 03:15 PM IST
The Singapore-based investment giant recently sealed the biggest- ever private equity deal in the Indian healthcare sector by pumping in more than $2 billion in Manipal Hospitals. It is also invested in the listed firm Global Health.
- April 20, 2023 04:26 PM IST
As a part of scale-up and profitability, Open said in the statement that it will continue the efforts to make a highly performance-oriented effective organization fit for scale, the statement said.
- April 17, 2023 05:54 AM IST
Sheares holds an 18 percent stake in Manipal Hospitals and also has exposure to Global Health, the listed operator of Medanta Hospitals
- April 10, 2023 01:53 PM IST
Temasek has raised its stake and turned the controlling shareholder in Manipal Hospitals by shelling out Rs 16,000 crore in a mega transaction valuing the top pan-India hospital chain at Rs 40,000-42,000 crore
- April 08, 2023 07:47 AM IST
Prior to the deal, Sheares Healthcare India, an existing shareholder in Manipal Health Enterprises, held around 18 percent stake. Sheares manages a portfolio of healthcare delivery assets for Singapore-headquartered investment major Temasek.
- March 29, 2023 11:45 AM IST
The company said that existing shareholder Temasek contributed Rs 81 crore, while upGrad co-founder and chairperson Ronnie Screwvala contributed Rs 212 crore, with other minority stakeholders completing the balance.
- January 30, 2023 08:13 AM IST
Temasek 'remains invested in Adani Ports, as per their latest public shareholding disclosures', The Straits Times reported on Monday, citing a spokesman for the 49-year-old state-owned investor which has USD 496.59 billion in assets under management as of December 2022.
- January 16, 2023 07:41 AM IST
A round-up of the biggest articles from newspapers.
- December 27, 2022 10:33 PM IST
TPG Capital picked up a stake in Manipal Hospitals for Rs 900 crore in February 2015 and has been looking to clock returns on its 7 year old bet. India’s sovereign wealth fund NIIF is the other external investor in the Ranjan Pai-led hospital chain
- December 27, 2022 07:25 PM IST
Prior to joining ShareChat, Varghese served as the global president of Wavemaker, a global media network owned by the WPP group.
- December 19, 2022 05:05 PM IST
Atomberg's potential fundraise comes at a time when funding to the country's startups has slowed by more than 70 percent over the last three quarters, with investors preferring to avoid high-growth, loss-making technology companies amid macroeconomic headwinds.
- December 05, 2022 07:21 PM IST
In a statement, the company said it will use the capital raised for the growth of in-house D2C (direct-to-consumer) brands, increase offline distribution, expand international operations, and make select acquisitions.
- December 01, 2022 12:25 PM IST
Moneycontrol reported on October 21 that DeHaat had raised $45.8 million led by Sofina Ventures, according to the company’s regulatory filing with the Ministry of Corporate Affairs (MCA). This, however, was a part of a larger round, and the company today shared the entire fundraise amount in a statement. The company did not disclose if there was a revision in the valuation with additional funding coming in.
- December 01, 2022 10:08 AM IST
In a statement, DeHaat said "it has raised USD 60 million in a new financing round." Sofina Ventures and Temasek co-led the Series E funding, with other existing investors RTP Global Partners, Prosus Ventures and Lightrock India also participating in the round.
- November 17, 2022 06:28 AM IST
"In view of FTX's financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX's bankruptcy protection filing," Temasek said in a detailed statement on Thursday.
- September 30, 2022 11:38 AM IST
Founding core members include the philanthropic arms of Bill Gates and his ex-wife Melinda, Ray Dalio, Li Ka-Shing, as well as four companies of Indonesia’s Widjaja family and the Tanoto Foundation, Temasek Trust Chairman Ho Ching said Friday at the Philanthropy Asia Summit 2022 in Singapore.
- September 26, 2022 02:12 PM IST
Goa-based Molbio Diagnostics is known for its 'Truenat' technology -- a portable, battery-operated real-time PCR platform that can be used for testing infectious diseases, including TB, COVID-19, Hepatitis-C virus, human papillomavirus, influenza and vector-borne diseases like dengue, chikungunya and malaria.
- August 12, 2022 06:19 PM IST
According to sources aware of the fundraise, the total size of the round is expected to be around $90 million. Alpha Wave Global, which is leading the round has already invested $45 million.
- August 08, 2022 10:07 AM IST
upGrad's multi-million dollar fundraise and aggressive hiring plans come at a time when edtech companies in India including some of the highest-valued unicorns like Unacademy, Byju's and Vedantu are firing hundreds of employees amid a decline in demand for their services
- July 12, 2022 03:41 PM IST
The $287 billion firm said it will slow its pace of investments and take a cautious stance given the likelihood of a recession in developed markets. Temasek said the risk of a mild recession in the US into 2023 has risen due to tighter financial conditions and geopolitical uncertainty. China meanwhile faces “challenges” meeting its 2022 growth target of 5.5%.
- June 16, 2022 01:44 PM IST
After the round, Google will hold a little over one percent stake in Mohalla Tech, while Temasek will hold about 2.64 percent stake, regulatory filings showed.
