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Amit Kumar

Stealth • 4m

Zomato Block Deal: Antfin Singapore To Offload Shares Worth $408 Mn. Amid Zomato’s bull run on the bourses, Ant Group’s arm Antfin Singapore is reportedly looking to sell the foodtech giant’s shares worth $408 Mn (INR 3,422.84 Cr). As per a report by CNBC-TV18, Antfin Singapore intends to sell 13.6 Cr shares, or a 1.54% stake, via a block deal on Tuesday (August 19). Citing the documents accessed by it, the publication said that the floor price for the block deal has been fixed at INR 251.68 per share, which translates to a 4% discount from Zomato’s closing price of INR 262.3 on Monday. Antfin Singapore Holding held 37.38 Cr shares, or a 4.3% stake, in ZomatoZomato Datalabs_in-article-icon at the end of the June quarter of 2024.

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Mahendra Lochhab

Stealth • 1m

Unicommerce acquired 42.7% stake in Shipway for INR 68.4 Cr and plans on acquiring the remaining stake in Shipway within a year via a merger or stock swap.

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Mahendra Lochhab

Stealth • 20d

Zypp electric's total revenue jumped to INR 302.6 Cr in FY24 from INR 111.5 Cr in the previous fiscal year.

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Harsh Dwivedi

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Medial • 6d

Top News of the Week 1. Funding - Enterprisetech unicorn Zetwork raised $70 Mn this week, closing the year with $90 Mn in fresh capital. The IPO-bound startup bagged fresh funds from Indigo cofounder Rakesh Gangwal, Khosla Ventures, Greenoaks, Aven

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Harsh Dwivedi

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Medial • 3m

Top News of the Week: 1. Key Startup Funding Highlights Of The Week - Buoyed by Whatfix’s mega funding round, enterprisetech emerged as the investor favourite sector of the week. Besides, the sector witnessed the highest nine deals materialise via

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3 replies33 likes
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Harsh Dwivedi

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Medial • 14d

Top News of the Week 1. Funding - Two mega funding deals materialise in the form of Rebel Foods and Mintifi. - On the back of Rebel Food’s $210 Mn fundraise, consumer service emerged as the investor favourite this week. - Startups in the space ra

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Harsh Dwivedi

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Medial • 1m

1. Key Startup Funding Highlights Of The Week - Indian startups cumulatively raised $185.8 Mn across 21 deals, a 49% increase from $125 Mn secured via 18 deals in the preceding week - Lightspeed, Peak XV and Elevation Capital backed multiple startu

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1 replies19 likes
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Harsh Dwivedi

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Medial • 6m

Top News of Today (7th June 2024)- 1. Consumer lending startup Fibe raises Rs. 720 Cr ($90 Mn). 2. Byju's term-loan lenders kick off bankruptcy proceedings against its US assets 3. NPCI Inks Pact With Peru To Build UPI-Like Payments System 4. Testsi

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Harsh Dwivedi

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Medial • 6m

Top News of the Week: 1. Funding: - Indian startups cumulatively raised $217.84 Mn via 31 deals, a 273% increase from last week's $58.36 Mn raised across 16 deals - With top fundraising like TechnoSport and Libas bagging $25 Mn and $18 Mn respecti

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3 replies14 likes
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Anonymous

Anonymous

Stealth • 4m

Here are the key points about the new-age tech stock market: *Gainers:* 1. TAC Infosec: +34.42% to an all-time high of INR 773.90 2. Unicommerce: significant gains as a recently listed SaaS startup 3. Awfis: gains as a coworking startup 4. TBO Tek:

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Harsh Dwivedi

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Medial • 1m

Top news of the Week: 1. Key Startup Funding Highlights Of The Week - While a mega deal materialised in the form of NBFC Finova Capital’s Series E funding round in the final week of October, no deals worth over $100 Mn took place in the first week

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