Ecosystem Weekly | 8th Dec ’19
Walmart owned Flipkart has raised $398 Mn from its parent entity.
Bengaluru based e-commerce company Flipkart has raised $398 Mn from its Singapore-based parent entity, Walmart.
Read More
Mahindra Finance has raised $200 Mn from International Finance Corp
Mahindra & Mahindra Financial Services has raised $200 Mn from IFC, a subsidiary of World Bank Group, for financing MSMEs in India.
Mahindra & Mahindra Financial Services has raised $200 Mn from IFC, a subsidiary of World Bank Group, for financing MSMEs in India.
Startup News Snippets
M&A News
Market Pulse
- Mumbai-based used bikes marketplace Credr has raised $6 Mn from Omidyar Network, with existing investors Eight Roads Ventures, GrowthStory and AngelList
- Advent International backed Plastic packaging material maker Manjushree Technopack has acquired a majority stake in Amritsar-based National Plastics for an undisclosed amount
- After a delay of over six months, South Korean automobile maker Hyundai and Kia Motor’s $311 Mn investment in ANI Technology and electric taxi service Ola Electric is finally complete
- Venture capital firm Accel India announced the final close of its $550 Mn fund which focuses on seed and early stage Indian startups
- Netflix’s founder and CEO Reed Hastings announced that the over-the-top video streaming platform will invest $420 Mn producing original content in India
- Foodtech unicorn Zomato’s CEO Deepinder Goyal announced that the company will raise $500 Mn by next month
Comments are closed.