Make it work, make i... • 1y
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.
Entrepreneur & Creat... • 6m
Antfin, an affiliate of Alibaba Group, is reportedly set to sell 18.8 Cr shares of foodtech major Eternal in a block deal worth around INR 5,375 Cr (about $613 Mn). This comes a day after the investor exited fintech major Paytm. Citing sources, CNBC
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I'm just a normal gu... • 9m
B2B ecommerce company IndiaMART InterMESH Limited has completed the buyout of SaaS startup Livekeeping Technologies through a secondary deal worth INR 26.78 Cr ($3.1 Mn). It must be noted that IndiaMART initially acquired a majority 51.09% stake in
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I'm just a normal gu... • 9m
Ice cream brand Hocco has raised $10 Mn (INR 85.56 Cr) as a part of its $20 Mn (INR 171.28 Cr) Series B funding round. The round was co-led by Chona family office and Sauce.vc The company plans to use the fresh capital primarily to expand its produc
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A digital news platf... • 13d
The funding round was led by Peak XV Partners, along with participation from InfoEdge Ventures, Chiratae Ventures, Alteria Capital, Stride Ventured. While Peak XV infused $8 Mn (about INR INR 67 Cr), InfoEdge and Chiratae Ventures invested $2.5 Mn (
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