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Softbank to divest 29 mn shares in Paytm via block deals on Thursday
Floor price set at Rs 555, 8% discount to last close
Elevation Capital to invest in a dozen startups from $400-mn new fund
The firm, earlier known as SAIF partners, will be deploying the full fund in the next 2-3 years
ShareChat raises $40 mn from investors including Pawan Munjal, Twitter
The other investors include DCM Shriram Promoters Family and SAIF Partners
Rivigo raises $65 million from Warburg Pincus and SAIF Partners
The company plans to utilise the money to further strengthen its technology and network coverage. Rivigo has a network coverage with more than 29000 pin codes in India
SAIF Partners invests $1.5 mn in social-travel commerce start-up Airblack
The seed round will be utilised for launching its consumer product and hiring a core team