Page 15 - Fundraising

Language learning platform Instrucko raises $1 mn in pre-series A round

Firm to expand business in India and West Asia, with core focus on providing children in 3-15 age group with premium content and training by leading educationists from across the world

Fashinza raises $20 mn as it aims to tap $800 bn global fashion mfg space

Fashinza was started to help small and medium ethical factories employing millions of workers connect with global demand and eliminate environmentally unsustainable practices like overproduction

ShareChat, Moj valued at $2.88 billion in $145-million fundraise

Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund

Beauty brand MyGlamm closes Accel-led funding round at Rs 530 crore

The top-up was led by marquee global venture capital firm Accel along with existing investors

D2C personal care brand Beco raises Rs 4 cr seed led by Climate Angels Fund

With the added capital support, Beco aims to quadruple sales and encourage consumers to switch to sustainable living through their eco-friendly product range

Swiggy valuation tops $5.5 bn after raising $1.25 bn from SoftBank, Prosus

The fundraise will give Swiggy enough firepower to take on rivals such as Zomato, Amazon, Dunzo and Ola Foods

Irrational exuberance over Zomato

Zomato is essentially a "concept stock" because it has neither made profits, nor has issued any guidance on ever getting to profitability, notes Shyamal Majumdar

With Zomato's offering, fresh fundraising via IPOs set to hit 14-year high

All-time high not far away with Paytm planning fresh issue of Rs 12,000 cr

UK-based Tide raises $100 mn funding from Apax Digital Fund, others

UK-based digital business financial platform Tide on Monday said it has raised over USD 100 million (about Rs 745 crore) in funding

Edtech startup upGrad set to join unicorn club with $4-billion valuation

Eyes $400 million at 5 times current value

Adani Transmission seeks shareholders' approval to raise Rs 2,500 cr

Adani Transmission will seek shareholders nod to raise up to Rs 2,500 crore in one or more tranches through the issuance of equity shares, securities, debentures etc

Dish TV gets board nod to raise up to Rs 1,000 cr through rights issue

Direct-to-home company Dish TV India Ltd on Monday said its board has approved raising up to Rs 1,000 crore through a rights issue in one or more tranches.

IIFL Home Finance files draft shelf prospectus to raise up to Rs 5,000 cr

IIFL Home Finance plans to raise up to Rs 5,000 crore, to boost its lending business, through public issue of non-convertible debentures.

SBI gets central board's nod to raise Rs 14,000 crore via bonds

The country's largest lender SBI on Monday said its central board has approved a proposal to raise up to Rs 14,000 crore by issuing Basel-III compliant bonds

BrowserStack closes $200-million Series B funding at a $4-billion valuation

BrowserStack on Thursday announced that it had secured $200 million in Series B funding at a $4-billion valuation

Dish TV board to consider fundraising of up to Rs 1,000 cr next week

Dish TV Ltd on Tuesday said its board will meet next week to consider raising up to Rs 1,000 crore by issue of permissible securities

YES Bank board approves fundraising up to Rs 10K crore via debt securities

At the end of March quarter, the lender had a capital adequacy ratio of 17.5 per cent compared to 19.6 per cent as of December 31

Reliance Power to seek board nod to raise funds via equity issuance

Move follows Reliance Infra board approval of Rs 550 cr fund-raising plan on Sunday

3one4 Capital leads early-stage round in healthtech firm Breathe Well-being

The enterprise, which helps people prevent and manage Type-2 Diabetes has raised $1 million

Indian startups to get $200-mn VC fund focusing on 4 areas of climate tech

The fund is targeting 15-20 investments with ticket size of $500,000 to $20 million