Within two months of its creation, this new instant delivery giant has skyrocketed 40% in value, managing to secure another $340m in a follow-on financing round. We can now take a closer…
Tag: Valuation
At $2.3 Bn valuation, edtech platform Erutidus eyes $150 Mn funding in round led by TPG
According to reports, Indian edtech startup Eruditus is purportedly in the advanced stages of discussions to secure roughly $150 million in new funding. This move, spearheaded by the massive private equity firm…
Google backed GitLab aims for sale at $8 Bn valuation
Leading cloud-based software development tool company GitLab is apparently considering a sale after garnering purchase interest. This action is being taken during a period of increased mergers and acquisitions in the technology…
Fintech Company ‘Pine Labs’ Eyes $1 Billion IPO with a $6 Billion Valuation Dream!
Do you want to get up to date with some of the latest discussions that have been made in finance circles? Asia’s leading digital payments company, Pine Labs, is now aiming to…
B2B Unicorn Loses Its Shine: HSBC Downgrades ElasticRun’s Valuation
Following a period of record-breaking investments, the Indian startup ecosystem is currently going through a recalibration. Global banking giant HSBC recently revised down its valuation estimate for business-to-business (B2B) e-commerce platform ElasticRun….
Google parent Alphabet get back in $2 trillion valuation club Alphabet's AI Dominance Propels It into the $2 Trillion Club
Alphabet Inc., the parent company of Google, has achieved a significant milestone by surpassing a $2 trillion market capitalization, driven by a stellar earnings report highlighting its prowess in artificial intelligence (AI)….
Macquarie’s Byju’s Valuation Debacle: A Deep Dive into Accusations and Write-Downs Unraveling the Byju's Investment Saga
Macquarie Capital’s decision to slash nearly its entire investment in Indian edtech startup Byju’s has sent shockwaves through the investment community, following accusations by Swiss bank Julius Baer Group Ltd. This article…
Disney Star Faces Potential $2 Billion Valuation Hit After Sony-Zee Merger Fallout
Turmoil in the Aftermath of Zee-Disney ICC Deal Dispute Following the collapse of the Sony-Zee merger, Disney Star finds itself in a precarious position, potentially facing a substantial valuation setback amounting to…
Byju’s to slash $22 billion valuation by 90% to raise fresh funds
The path of a startup is frequently likened to a rollercoaster ride. Once a darling of the edtech world, Byju’s is today facing financial difficulties that force the company to forge on…
Byju’s FY22 Financials Unveiled: Net Loss Soars to Rs 8,245 Crore Amidst Valuation Challenges Long-Awaited Financials
Edtech giant Byju’s has finally disclosed its FY22 financial results, almost 22 months after the reporting period ended, revealing a consolidated revenue surge of 118 percent from Rs 2,428 crore in FY21…