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Walmart Buys Out Tiger Global’s Stake in Flipkart for $1.4 Billion: Report
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to its investors.
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Tiger Global, Accel Mulling $1.5 Billion Stake Sale in Flipkart to Walmart: Report
Tiger Global and Accel are reportedly in talks to sell their remaining stake in Flipkart to Walmart for about $1.5 billion (roughly Rs. 12,235 crore). Meanwhile, the stake collectively amounts to about 5 percent and would raise Walmart's ownership in Flipkart, according to a report.
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Sequoia-Backed Stanza Living In Final Stages Of Raising Up To $120 Million: Report
Stanza has so far raised $70 million from venture capital firms including Sequoia Capital, Accel Partners, Matrix Partners, Falcon Edge Capital and Equity International.
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Flipkart, PhonePe Have Room for Other Investors: Walmart CEO Doug McMillon
Walmart's Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways including stock market listings, the US retail giant's CEO said.
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Indian Startups Get Creative as Crisis Fuels Funding Crunch
India's coronavirus lockdown of 1.3 billion people and an exodus of venture capital are testing a startup community that has quickly become one of the world's biggest, raising a record $14.9 billion last year.
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Ready-to-cook Food Brand Fingerlix Raises Rs 45.5 Crore
Fingerlix said it will utilise the fresh capital to accelerate its growth strategy and also to expand into newer geographies of Bengaluru, Hyderabad & Chennai while expanding its footprint within the NCR.
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Flipkart Board Member Says Latest Funds Will Be Used To Make Profits
Subrata Mitra of Accel Partners was responding to a query whether Flipkart would focus on making profits after forging partnerships with Tencent, Microsoft and eBay.
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Ratan Tata-Backed Bluestone Raises Rs 200 Crore In Fresh Funding
BlueStone.com, backed by industrialist Ratan Tata, on Monday said it has raised Rs 200 crore in a fresh round of funding, led by IIFL and Accel.
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BookMyShow Raises Rs 550 Crore From Stripes, Existing Investors
The series D funding round, which is the largest to date for the company, also saw participation from BMS' existing investors - Network 18, Accel Partners, and SAIF Partners.
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Flipkart Denies Report of Accel Selling $100-Million Stake
Flipkart on Monday denied a newspaper report that said venture capital firm Accel Partners had sold a small stake in India's biggest online marketplace to sovereign wealth fund Qatar Investment Authority (QIA) for $100 million (Rs 663.5 crore at $1 = Rs 66.35).
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Accel Sells $100-Million Stake in Flipkart
Venture capital firm Accel Partners has sold a small stake in Indian e-commerce firm Flipkart to sovereign wealth fund Qatar Investment Authority (QIA) for $100 million, the Economic Times reported on Monday, citing two people aware of the transaction.The deal values Flipkart, India's biggest online marketplace, at $15 billion, the newspaper report...
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BlackBuck B2B Logistics Startup Raises $25 Million
The company had received $5 million funding earlier this year from Accel Partners and Flipkart.
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Rentomojo Raises $2 Million from Accel Partners, IDG Ventures India
Rentomojo, a furnishing solutions platform, has raised $2 million in Pre-Series A funding from Accel Partners and IDG Ventures India.
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ManageMySpa Secures $6 Million From Accel Partners in Series A Funding
ManageMySpa has seen a double-fold growth year-on-year since inception, and intends to use the funds to accelerate its sales and marketing efforts.
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Sebi Freezes Voting Rights, Corporate Benefits of Accel Frontline Promoters
Taking action against promoters of Accel Frontline for non-compliance of minimum public shareholding norms, capital market regulator Securities and Exchange Board of India (Sebi) on Wednesday ordered freezing of voting rights and all corporate benefits arising out of their excess stake in the company.
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Walmart Buys Out Tiger Global’s Stake in Flipkart for $1.4 Billion: Report
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to its investors.
-
Tiger Global, Accel Mulling $1.5 Billion Stake Sale in Flipkart to Walmart: Report
Tiger Global and Accel are reportedly in talks to sell their remaining stake in Flipkart to Walmart for about $1.5 billion (roughly Rs. 12,235 crore). Meanwhile, the stake collectively amounts to about 5 percent and would raise Walmart's ownership in Flipkart, according to a report.
-
Sequoia-Backed Stanza Living In Final Stages Of Raising Up To $120 Million: Report
Stanza has so far raised $70 million from venture capital firms including Sequoia Capital, Accel Partners, Matrix Partners, Falcon Edge Capital and Equity International.
-
Flipkart, PhonePe Have Room for Other Investors: Walmart CEO Doug McMillon
Walmart's Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways including stock market listings, the US retail giant's CEO said.
-
Indian Startups Get Creative as Crisis Fuels Funding Crunch
India's coronavirus lockdown of 1.3 billion people and an exodus of venture capital are testing a startup community that has quickly become one of the world's biggest, raising a record $14.9 billion last year.
-
Ready-to-cook Food Brand Fingerlix Raises Rs 45.5 Crore
Fingerlix said it will utilise the fresh capital to accelerate its growth strategy and also to expand into newer geographies of Bengaluru, Hyderabad & Chennai while expanding its footprint within the NCR.
-
Flipkart Board Member Says Latest Funds Will Be Used To Make Profits
Subrata Mitra of Accel Partners was responding to a query whether Flipkart would focus on making profits after forging partnerships with Tencent, Microsoft and eBay.
-
Ratan Tata-Backed Bluestone Raises Rs 200 Crore In Fresh Funding
BlueStone.com, backed by industrialist Ratan Tata, on Monday said it has raised Rs 200 crore in a fresh round of funding, led by IIFL and Accel.
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BookMyShow Raises Rs 550 Crore From Stripes, Existing Investors
The series D funding round, which is the largest to date for the company, also saw participation from BMS' existing investors - Network 18, Accel Partners, and SAIF Partners.
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Flipkart Denies Report of Accel Selling $100-Million Stake
Flipkart on Monday denied a newspaper report that said venture capital firm Accel Partners had sold a small stake in India's biggest online marketplace to sovereign wealth fund Qatar Investment Authority (QIA) for $100 million (Rs 663.5 crore at $1 = Rs 66.35).
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Accel Sells $100-Million Stake in Flipkart
Venture capital firm Accel Partners has sold a small stake in Indian e-commerce firm Flipkart to sovereign wealth fund Qatar Investment Authority (QIA) for $100 million, the Economic Times reported on Monday, citing two people aware of the transaction.The deal values Flipkart, India's biggest online marketplace, at $15 billion, the newspaper report...
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BlackBuck B2B Logistics Startup Raises $25 Million
The company had received $5 million funding earlier this year from Accel Partners and Flipkart.
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Rentomojo Raises $2 Million from Accel Partners, IDG Ventures India
Rentomojo, a furnishing solutions platform, has raised $2 million in Pre-Series A funding from Accel Partners and IDG Ventures India.
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ManageMySpa Secures $6 Million From Accel Partners in Series A Funding
ManageMySpa has seen a double-fold growth year-on-year since inception, and intends to use the funds to accelerate its sales and marketing efforts.
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Sebi Freezes Voting Rights, Corporate Benefits of Accel Frontline Promoters
Taking action against promoters of Accel Frontline for non-compliance of minimum public shareholding norms, capital market regulator Securities and Exchange Board of India (Sebi) on Wednesday ordered freezing of voting rights and all corporate benefits arising out of their excess stake in the company.
