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Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of ......
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Bottomline: EQT-owned IGT Solutions' FY24 profit declines amid slowdown in client spends
IGT Solutions, a digital solutions company providing business process management and other services to clients across e-commerce, internet, travel and ......
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Revolutionizing Data Privacy in India: The Role of Consent-Driven Digital Identity
Host Deepti Ahuja sits down with Mani James, Chief Business Officer, Mosaic Digital, and Glenn Gore, CEO of Affinidi, to ......
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LeapFrog-backed Healthify raises $20 mn in fresh funding
Health and fitness platform Healthify, earlier known as HealthifyMe, Friday said it has secured $20 million (nearly Rs 170 crore) ......
Infrastructure
MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital
The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......
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Swiggy looking to slash IPO valuation by 10-16%
Indian food delivery giant Swiggy is internally aiming for a company valuation of $12.5-13.5 billion for its upcoming IPO, cutting ......
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Government gives nod to $119 mn spacetech fund
The Indian government on Thursday approved a 10 billion rupee ($119 million) fund for its burgeoning space sector, with 40 ......
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Zomato misses Q2 profit estimates as expansion costs squeeze margin
India's Zomato reported a smaller-than-expected rise in profit for the second quarter on Tuesday as margins took a hit from ......
Infrastructure
Logistics-tech unicorn Shiprocket getting new offshore investor on cap table
Logistics-tech unicorn Shiprocket, which is backed by investors such as Temasek, Lightrock India, Tribe Capital, Info Edge, 100Unicorns (erstwhile 9Unicorns), ......
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Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz
SoftBank and Ant Financial-backed One97 Communications, Paytm's parent, posted a net profit of Rs 930 crore dring the second quarter ......
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