US strategics have pumped in $422 million in Indian startups across 12 deals in the first half of this year.
The fresh investment round will take Agarwal’s stake to around 30% from 10%.
The investment has been made in lieu of 25-30 per cent stake, said sources.
From the latest at L Catterton and other investors to analysis of Southeast Asian unicorns' buyout appetite, and in case of Sea Ltd, public market for
Q & A
The online travel giant is making sustained investment in AI to understand user intent better.
The startup has so far raised over $65 million in funding.
TCS is raising its stake in Japanese JV with Mitsubishi Corporation to 66 per cent.
The proposed transaction pegs the valuation of SBI General Insurance at about $1.74 billion.
The corpus of the proposed fund is yet to be decided as talks are at a preliminary stage.
IPOs & Markets
Flipkart's IPO in the US market is likely to pave the exit for Walmart.
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