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Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

General

12 August, 2024

Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO

Zepto is set to raise $310 million (about Rs 2500 crore), boosting its valuation to $5 billion—a 40% increase from its ......

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Dutch investor FMO's India exposure rockets 60% in 2019

Finance

02 April, 2020

Dutch investor FMO's India exposure rockets 60% in 2019

The Netherlands’ development finance institution FMO has recorded a sharp increase in its exposure to India, driven mainly by bets ......

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How choppy stock markets shrunk India's billion-dollar valuation club

Markets

10 September, 2019

How choppy stock markets shrunk India's billion-dollar valuation club

India's stock markets have been on a roller-coaster ride over the past few months. While benchmark indices surged to record ......

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Annapurna in talks with PEs to let early backers exit, fund growth

Finance

22 March, 2018

Annapurna in talks with PEs to let early backers exit, fund growth

Bhubaneswar-based Annapurna Microfinance Pvt. Ltd is seeking to raise an institutional round to fund loan growth and provide an exit ......