Swiggy Raises $1.25 Billion in Funding Led by SoftBank
Swiggy has raised $1.25 billion in a funding round led by investor SoftBank Vision Fund 2 and Prosus. “The scope of food delivery in India...
Tag : Goldman Sachs
Paytm to File Papers for $2.3 Billion IPO Next Week
The Indian digital Payment system, Paytm, will file a draft prospectus as early as July 12 for a domestic initial public offering (IPO) that seeks...
Apple Announces $200 Million Fund to Reduce Carbon
Apple on Thursday announced a $200 million fund to invest in timber-producing commercial forestry projects, with the goal of removing carbon from the atmosphere while...
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...
Global Banks May Lose $6 Billion From Collapse of Archegos
Global banks may lose out on more than $6 billion as Archegos Capital Management run by former Tiger Asia hedge fund manager Bill Hwang triggered...
$10 Mn Pay-Cut for Goldman Sachs CEO David Solomon
Goldman Sachs cut its CEO David Solomon’s 2020 salary by $10 million to $17.5 million because of the bank’s role in the 1MDB Malaysian bribery scandal,...
Zomato Nears $500 Million Pre-IPO Funding Round
Ahead of a potential listing on exchanges, Zomato is on the verge of closing a $500 million investment that would value the Gurugram-based company at around $5.5...
Warburg Pincus to Invest Rs 1,500 Crore in MedPlus
Warburg Pincus is in advanced talks to invest Rs 1,500 crore ($203 million) in MedPlus, India’s second-largest pharmacy retailer, through a mix of debt and equity,...
Walmart Prepares For $10 Billion Flipkart IPO
Walmart is preparing for e-commerce major Flipkart’s $10 billion initial public offerings (IPO) in the US and has hired Goldman Sachs to assist with the listing. The US...
Goldman Sachs offered Rs 1,800 crore to Birla Group’s Kesoram
BK Birla Group’s Kesoram Industries is looking at reducing the debt to around Rs 1,800-Rs 1,900 crores after restructuring. Lenders to Kesoram include State Bank...