IPO-Bound Delhivery To Acquire Bengaluru-Based Spoton Logistics
The deal is worth $200 Mn and will see the exit of Samara Capital and Xponentia Fund PartnersSpoton Logistics was acquired by a consortium of investors for $78.48 Mn in…
Ahead of listing, Policybazaar files DRHP for Rs 6017.50 crore IPO
PB Fintech, which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, has filed preliminary papers with market regulator Sebi to raise Rs 6,017.50 crore through an initial public…
Zomato rolls out invite-only Pro Plus membership for unlimited free deliveries
Foodtech major Zomato is rolling out an invite-only Zomato Pro Plus membership, which will let its members get unlimited free deliveries without surcharges and distance fee along with all pro…
Paytm Grey Market Shares Jump 22.5% To INR 2,940 On Zomato’s Stellar Show
The fintech company’s unlisted shares were trading at INR 2,400 before Zomato’s listed on the Indian boursesPaytm’s draft IPO prospectus earlier revealed that the weighted average share price of ESOPs…
How to make payments- Technology News, FP
tech2 News StaffAug 02, 2021 13:06:31 ISTApple has introduced three new payment methods for App Store users in India. In addition to credit and debit card payments, users can now…
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[Funding alert] MoEngage raises $32.5M from Multiples Alternate Asset Management, others
Moengage, an insights-led customer engagement platform on Saturday said it has raised $32.5 million (Rs 241.7 crore) in a funding round, led by Multiples Alternate Asset Management.Existing investors Eight Roads…
Startup news and updates: daily roundup (August 2, 2021)
Unacademy raises $440M led by Temasek at $3.4B valuation (Funding)Edtech unicorn Unacademy has raised $440 million in a new round of funding led by Singapore's Temasek along with other existing…
Temperature rise in Greenland causes ice sheets to melt at twice the average rate- Technology News, FP
Agence France-PresseAug 02, 2021 12:48:25 ISTGreenland's ice sheet has experienced a "massive melting event" during a heatwave that has seen temperatures more than 10 degrees above seasonal norms, according to…
First reprogrammable commercial satellite launched into space on Ariane 5 rocket- Technology News, FP
Agence France-PresseAug 02, 2021 12:55:26 ISTThe world's first commercial fully re-programmable satellite lifted off from French Guiana on Friday on board an Ariane 5 rocket, ushering in a new era…
Policybazaar Files INR 6000 Cr DRHP With SEBI For Its IPO
Policybazaar’s IPO will comprise a fresh issue of INR 3,750 Cr and an offer for sale for shares worth INR 2,267.50 CrThe OFS will see SoftBank selling INR 1,875 Cr…