Search Results for:Ishita Russell

Exclusive: IFC to extend $60m in loan to India-based vaccine maker Biological E

IFC’s investment involves an “A” loan to co and subscribing to its NCDs.

People Digest: Flipkart CEO takes charge of HR operations; PharmEasy gets new CTO

Flipkart CEO Kalyan Krishnamurthy will now also oversee the human resources department, while pharmacy aggregator PharmEasy has hired Nishu Goyal as its chief technology officer. Flipkart CEO takes charge of HR operations Recently-appointed CEO of Flipkart, Kalyan Krishnamurthy, will now also oversee the human resources department as the e-commerce giant scouts for a… Read more »

India Digest: Quikr eyes Babajob; Harvest Gold may sell majority stake; GMEX to buy MSE stake

Online classifieds startup Quikr is close to buying out Babajob, while Mexican company Grupo Bimbo is acquiring a controlling stake in Harvest Gold. Also London-based GMEX Group will acquire a 5 per cent stake in Metropolitan Stock Exchange of India (MSE). Quikr close to acquiring blue collar marketplace Babajob Continuing its acquisition spree, online classifieds… Read more »

SEA tech startups lag far behind China and India in attracting VC funding

SEA startups remain behind in terms of both deal flow and funding.

India: InnerWave Ventures plans to invest in 20 startups over next three years

InnerWave Ventures has 32 angel investors at the moment.

India: Aye Finance raises $8m via NCDs from impact investor Blue Orchard

SAIF-backed Aye Finance had raising $3 million debt funding from SBI in March.

India: Flipkart signs term sheet to acquire beleaguered rival Snapdeal- Report

The term-sheet nominally values Snapdeal at around $1 billion

India: Kedaara Capital hits road to raise 2nd fund, IFC to invest up to $40m

In 2013 Kedaara raised its maiden fund with a corpus of $540 million

Acko General Insurance raises $30m in one of largest seed rounds in India – SAIF, Accel join

The company has the backing of marquee investors

Foodpanda parent Delivery Hero raises $423m by share issue to Naspers

Rocket’s stake will be diluted to 33% from just under 38%