DST Global.

Flipkart raises $1.4b from Tencent, eBay, Microsoft; acquires eBay India operations


This boosts Flipkart’s ability to compete with arch-rival Amazon India.

DST-backed Chinese startup Fenqile said to plan $600m IPO

Fenqile, a Chinese online shopping mall that lets users pay in installments, is planning a U.S. initial public offering that could raise about $600 million, according to people with knowledge of the matter. The Shenzhen-based startup, founded by former Tencent Holdings Ltd. executive Xiao Wenjie, could list as soon as… Read more »

India: Practo buys healthcare analytics firm Enlightiks

Healthcare services platform Practo Technologies Pvt. Ltd has acquired Enlightiks Business Solutions Pvt. Ltd, a healthcare analytics solutions firm, in a cash and stock deal. Established in 2012, with offices in Bengaluru and Charlotte in the US, Enlightiks owns a predictive clinical and computational platform called Querent and uses big… Read more »