Page 28 - Fundraising

Swiggy valuation tops $5.5 bn after raising $1.25 bn from SoftBank, Prosus

The fundraise will give Swiggy enough firepower to take on rivals such as Zomato, Amazon, Dunzo and Ola Foods

Irrational exuberance over Zomato

Zomato is essentially a "concept stock" because it has neither made profits, nor has issued any guidance on ever getting to profitability, notes Shyamal Majumdar

With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high

All-time high not far away with Paytm planning fresh issue of Rs 12,000 cr

UK-based Tide raises $100 mn funding from Apax Digital Fund, others

UK-based digital business financial platform Tide on Monday said it has raised over USD 100 million (about Rs 745 crore) in funding

Edtech startup upGrad set to join unicorn club with $4-billion valuation

Eyes $400 million at 5 times current value

Adani Transmission seeks shareholders' approval to raise Rs 2,500 cr

Adani Transmission will seek shareholders nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities, debentures etc

Dish TV gets board nod to raise up to Rs 1,000 cr through rights issue

Direct-to-home company Dish TV India Ltd on Monday said its board has approved raising up to Rs 1,000 crore through a rights issue in one or more tranches.

IIFL Home Finance files draft shelf prospectus to raise up to Rs 5,000 cr

IIFL Home Finance plans to raise up to Rs 5,000 crore, to boost its lending business, through public issue of non-convertible debentures.

SBI gets central board's nod to raise Rs 14,000 crore via bonds

The country's largest lender SBI on Monday said its central board has approved a proposal to raise up to Rs 14,000 crore by issuing Basel-III compliant bonds

BrowserStack closes $200-million Series B funding at a $4-billion valuation

BrowserStack on Thursday announced that it had secured $200 million in Series B funding at a $4-billion valuation

Dish TV board to consider fundraising of up to Rs 1,000 cr next week

Dish TV Ltd on Tuesday said its board will meet next week to consider raising up to Rs 1,000 crore by issue of permissible securities

YES Bank board approves fundraising up to Rs 10K crore via debt securities

At the end of March quarter, the lender had a capital adequacy ratio of 17.5 per cent compared to 19.6 per cent as of December 31

Reliance Power to seek board nod to raise funds via equity issuance

Move follows Reliance Infra board approval of Rs 550 cr fund-raising plan on Sunday

3one4 Capital leads early-stage round in healthtech firm Breathe Well-being

The enterprise, which helps people prevent and manage Type-2 Diabetes has raised $1 million

Indian startups to get $200-mn VC fund focusing on 4 areas of climate tech

The fund is targeting 15-20 investments with ticket size of $500,000 to $20 million

Corporate card provider Kodo raises $8.75 mn seed from slew of investors

Card spends on Kodo have grown 45 per cent month-on-month for the past 12 months, the company claims

IvyCap leads $6 million funding round in mobility platform Get My Parking

Existing investor IAN Fund also participates. With this Series-A round, startup has raised $10.5 million in all so far

N+1 Capital makes first ever India investment, parks Rs 5 cr in Clensta

Clentsa recently entered a strategic tie-up with pharma brand Cipla for its first commercialised products, Waterless Bodybath and Waterless Shampoo

IPV backs salon-focused SaaS startup Glamplus with Rs 2-crore funding

Other investors in pre-series A round are Bounce co-Founder Anil G, Sadhan Enterprise MD-CEO Sachin Khandelwal, Transin CEO Sravan Kumar, Byju's AVP Abhishek Daiya and Shadowfax VP Anudeep Nagalia

Elevation Capital leads seed round in women's activewear brand BlissClub

India is the world's fastest growing activewear market with women's segment contributing to most of the growth