By Aakanksha Ahuja
Khambata, considered an industry veteran in capital markets, has previously served as the managing director of CDSL Ventures and CDSL Insurance Depository.
Myntra chief marketing officer and Jabong head Gunjan Soni is set to join Singapore-based online fashion company Zalora as its CEO.
Walmart also predicted that its US e-commerce growth next year will be slower than the current financial year.
Till date, TravelTriangle has raised $32 million across four investment rounds.
Tata Motors is the first auto maker in India to create a separate division exclusively for shared mobility.
JSW bid about 196 billion rupees ($2.7 billion), higher than rivals Tata Steel Ltd. and Liberty House Group.
Holachef marks Ola’s second acquisition within a year, which bought Foodpanda from Germany’s Delivery Hero in December last year.
one of NIIF’s shareholders, the Abu Dhabi Investment Authority (ADIA), was also part of the investment.
The investment in LetsMD is a combination of a primary and secondary transaction, including Rs 4 crore of new equity funding.
The acquisition comes close on the heels of IIFL Wealth acquiring Bengaluru-based fintech company Altiore Advisors for Rs 9.2 crore.