Credit Suisse Takes $4.7 Billion Charge Due to Hedge Fund
Credit Suisse Group AG will take $4.7 billion writedowns tied to the implosion of Archegos Capital Management and replace more than half a dozen executives
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Cred Turns Unicorn at $2.2 Billion Valuation
Fintech platform Cred has raised $215 million in its Series D round of funding for a post-money valuation of $2.2 billion, making it India’s newest
Flipkart Partners Mahindra Logistics to Accelerate EV Deployment
Flipkart has announced its partnership with Mahindra Logistics Limited (MLL), to help fast track deployment of electric vehicles across its logistics fleet in the country.
Shriram Properties to File Draft Papers for Rs 800 Crore IPO
Shriram Properties is planning to file a draft prospectus for an initial public offering (IPO) and use the money raised to repay debt liabilities and
GameStop to Sell 3.5 Million Shares
Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to
Swiggy Gets $800 Million in Funding at $5 Billion Valuation
Online food delivery platform Swiggy has raised $800 million from investors led by Falcon Edge, Amansa Capital, Think Investments, Carmignac, and Goldman Sachs, the company’s
PlayShifu Raises Rs 124 Cr in Series B Round
PlayShifu has raised Rs 124 crore in its Series B round of funding, valuing it at Rs 480-500 crore. While the round was led by
Clubhouse Floats Payment Feature for Creators
Audio-chat app Clubhouse said on Monday it will launch a monetization feature for its creators on the platform and that it will not receive any
Byju’s Buys Offline Test Prep Firm Aakash
Byju’s, India’s dominant edtech startup, is acquiring offline test prep leader Aakash Educational Services to accelerate offline growth, it said in a statement on Monday.