GameStop to Sell 3.5 Million Shares
Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to...
Author : Nilesh
Swiggy Gets $800 Million in Funding at $5 Billion Valuation
Online food delivery platform Swiggy has raised $800 million from investors led by Falcon Edge, Amansa Capital, Think Investments, Carmignac, and Goldman Sachs, the company’s...
PlayShifu Raises Rs 124 Cr in Series B Round
PlayShifu has raised Rs 124 crore in its Series B round of funding, valuing it at Rs 480-500 crore. While the round was led by...
Clubhouse Floats Payment Feature for Creators
Audio-chat app Clubhouse said on Monday it will launch a monetization feature for its creators on the platform and that it will not receive any...
Byju’s Buys Offline Test Prep Firm Aakash
Byju’s, India’s dominant edtech startup, is acquiring offline test prep leader Aakash Educational Services to accelerate offline growth, it said in a statement on Monday....
ChrysCap to Buy 30% in Corona Remedies for Rs 670 Crore
Homegrown personal fairness fund ChrysCapital will make investments about Rs 670 crore ($90 million) to amass about 30% stake in Ahmedabad-based drug producer Corona Treatments....
Startup Funding in Q4 FY21 Stood at $3.65 Billion
A series of large financing rounds for some of India’s best-known startups has propelled the flow of risk capital into the sector to a high...
LG Becomes First Smartphone Brand to Withdraw from Market
South Korea’s LG Electronics Inc said on Monday it will wind down its loss-making mobile division a move that is set to make it the...
M&M to Apply for Banking License
Anish Shah, the Managing Director, and CEO of Mahindra & Mahindra (M&M) said the conglomerate could look at applying for a banking license. “We feel...
Foreign Investors Make $15 Billion in Q3
Even because the financial system slowed down following COVID-19 induced nation-wide lockdown, international buyers took again residence 30 per cent larger returns from their investments...