Tencent
Consumer
Tencent buys stake worth $264 mn in Flipkart from Binny Bansal
Chinese technology conglomerate Tencent has bought stake worth $264 million (about Rs 2,060 crore) in Flipkart from its co-founder Binny ......
TMT
China's Tencent in talks to join ShareChat's fundraising round
China’s Tencent Holdings is in talks to join the ongoing funding round of ShareChat, two people aware of the development ......
Finance
Udaan net loss little changed as revenue surges over six-fold
Bengaluru-based business-to-business (B2B) marketplace Udaan, owned and operated by Trustroot Internet Pvt. Ltd., managed to cut its net loss for ......
TMT
Cars24 raises $450 mn from SoftBank, Tencent, others; valuation pegged at $1.84 bn
In its largest round of funding till date, India’s largest online marketplace for used automobiles, Cars24 Services, said on Monday ......
Finance
Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As
The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......
TMT
Cars24 raises fresh funding from Softbank, others
Used car marketplace Cars24 Services Pvt. Ltd has attracted SoftBank as an investor in a new funding round that is ......
TMT
South Korean gaming major KRAFTON leads Series D funding in Pratilipi
Vernacular self-publishing firm Pratilipi has raised $48 million (Rs 357 crore) in its Series D funding round led by South ......
TMT
Flipkart raises fresh funds for $37.6 bn valuation ahead of IPO
Ecommerce marketplace Flipkart has raised a $3.6 billion (about Rs 26,842 crore) funding round from a bunch of global investors ......
TMT
Policybazaar raises $75 million for UAE expansion
PB Fintech-run online insurance aggregator Policybazaar has raised $75 million in a fresh funding round led by New York-based hedge ......
General
Grapevine: Dutch player, NIIF eye Fourth Partner stake; Razorpay in talks with GIC, others
Netherlands’ SHV Energy and India’s quasi-sovereign wealth fund National Investment and Infrastructure Fund (NIIF) are separately looking to buy a ......