The additional $1.2 billion equity investment equity will support Flipkart Group’s continued development of its e-commerce marketplace
Continue readingTag: investment
Blockchain startup ChitMonks raises $65K from UIV
Blockchain startup ChitMonks raised $650,000 from Mumbai-based early-stage venture capital fund house Unicorn India Ventures (UIV)
Continue readingBharti Airtel to sell 25% stake in Nxtra to Carlyle
Under an agreement, private equity player Carlyle will invest $235 million in Bharti Airtel’s datacentre business Nxtra and acquire a 25% stake in Nxtra. While BhartiAirtel will continue to hold 75% stake in Nxtra.
Continue readingTPG, L Catterton to invest ₹6441 crore in Jio Platforms
TPG, a global alternative asset invest firm will invest ₹4,546.80 crore, while L Catterton, a major consumer focused private equity firm will invest ₹1894.50 crore in Jio Platforms
Continue readingSilver Lake to invest ₹ 5,655 crore in Jio Platforms
Reliance Industries and Jio Platforms said that this investment values Jio Platforms at an equity value of ₹ 4.90 lakh crore and an enterprise value of ₹ 5.15 lakh crore
Continue readingUS tops cross-border M&A activity in technology sector in 2018: GlobalData
The US registered the highest outbound as well as inbound mergers and acquisitions (M&A) deal volume in the technology sector in 2018 revealed GlobalData.
Continue readingHaier India to invest Rs 3,069 crore in UP government’s second industrial park
Haier will invest Rs.3,069 crore in UP government’s project to set up its second industrial park in Greater Noida. This is company’s second major investment in India
Continue readingHPE to invest $500 million in India over the next 5 years
Hewlett Packard Enterprise (HPE) has revealed its plan to invest $500 million in India over the next five years. This investment plan is part of HPE’s long-term commitment to India
Continue readingVisa invests in GOJEK, team up to enhance digital payments across Southeast Asia
Through this investment, both companies will work together to provide greater options on cashless payments and more seamless experiences for consumers across Indonesia and Southeast Asia
Continue reading60% APAC businesses see mobile tech as key priority: study
Mobile technology investment will be a growing priority for up to 60 percent of Asia-Pacific organizations
Continue reading