Japan-based investment giant Softbank has reportedly fully exited Vijay Shekhar Sharma-led Paytm in the June quarter at a massive loss of around $150 million (or about Rs 1,250 crore), PTI reported.
Notably, the Masayoshi Son-led firm invested arou
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Shuvodip Ray
Ā ā¢Ā
YouTubeĀ ā¢Ā 5m
šš Market Today
Billionaire businessman Gautam Adani has increased his stakeĀ Adani Enterprises LtdĀ from the open market during the April-June quarter, a statement to stock exchanges stated on Friday.
ā”ļø These open market purchases were made by e
The Hindenberg-Adani Case timeline ->
24 January 2023:
Hindenburg Research, a US-based short seller, accused the Adani Group, led by Gautam Adani, of financial misconduct. Adani denied these allegations.
1 February 2023:
SEBI started investigating
š¤Æ š„ Patanjali Foods, which has a market capitalization of $7 billion, is acquiring its parent company Patanjali Ayurved's non-food business in tranches worth Rs 1,100 crore.
The acquisition, as a going concern on a slump sale basis, will result i
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VCGuy
StealthĀ ā¢Ā 4m
A few days ago, Flipkart introduced its new UPI service, Supermoney.
ā®ļøThe interesting part: Let's go back a few years -
Dec, 2015: 3 former Flipkart exec's start PhonePe.
Apr, 2016: Flipkart acquires PhonePe for $20 M.
Aug, 2018: Walmart acquires
Top News Of the Day:
1. HSBC does not see any value in BYJU's stake due to ongoing legal cases and funding challenges, which once was worth $500 Mn
2. HSBC has revised its valuation estimate for several Indian startups, including B2B ecommerce plat
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Jayant Mundhra
Ā ā¢Ā
Dexter Capital AdvisorsĀ ā¢Ā 4m
Adani's warehousing plans need serious attention! šš
And it has a special friend in this ride - Flipkart! But, to explain the big deal it is, you need to know about IndoSpace first.
So, letās get going on a special insights-packed ride.
Hereās a
Top News of the Day:
1. Chennai-based fintech unicorn Yubi Group has made several key appointments within its group companies
2. EV Startup Matter raises $35 million in ongoing Series B round
3. SoftBank-backed Indian e-scooter maker, Ola Electric
"How Jio's entry Killed Aircel"
Billions to Bankruptcy #3
Aircel's Failure story
Aircel was founded in 1999 by C. Sivasankaran.Aircel expanded its services and became prominent telecom operators in India,known for its competitive pricing and strong