September 19th, 2018Online home design and décor company Livspace has raised an amount of $70 million in a series-C financing round. The particular round was led by private equity firm TPG Growth and Goldman Sachs. This has made it one of the largest funding rounds in the vertical e-commerce space in the recent times.
The funding round also...
July 3rd, 2018The cognitive robotic process automation platform called Automation Anywhere has secured an amount of $250 million in a funding round led by New Enterprise Associates and Goldman Sachs.
With this fresh funding round, the company’s valuation has reached $1.8 billion. Automation Anywhere aims to utilize these funds in increasing its...
June 23rd, 2018Its just been 19 months since Mukesh Ambani led Reliance Jio ventured into the telecom market and bought a new kind of data revolution in the country.
Reliance Jio is today India's third largest telecom operator which has widened its revenue market share by 20 percent and has a subscriber share of 15.8 percent.
Providing first of...
May 31st, 2018The Indian wing of Co-working mammoth WeWork lead by billionaire developer Jitu Virwani of Embassy Group is in talks with global leaders Goldman Sachs and Warburg Pincus to raise $200 million.
This will land the local's unit to earn a unicorn status nearing valuation of $1 Billion. As per the sources, Goldman, Warburg eye $200 million...
May 16th, 2018The Goldman Sachs Backed startup Circle has announced a new cryptocurrency pegged to the dollar and a $110 million investment round led by profitable crypto-mining company Bitmain on Tuesday.
The company is rolling out a digital version of the U.S dollar with a cryptocurrency pegged to it.
Interestingly, Circle is one of the most...
May 11th, 2018A number of monetary corporations including JPMorgan Chase and Barclays are offering $5 billion financing to Walmart that will help the American giant fund its $16 billion acquisition of Indian e-commerce unicorn Flipkart.
The credit line involved would be one of the largest revolving credit facilities in the recent times as it is...
May 4th, 2018China's Leading Smartphone and Device Maker Xiaomi has filed for Hong Kong initial public offering on Thursday, which is being considered as one of the largest listings by a Chinese organization in almost four years i.e since 2014.
The announcement came right after company's official revenue posting that stood at 114.62 billion yuan...
March 3rd, 2018It must have been a nightmare week for some of the world’s richest people. Especially Mark Zuckerberg since he endured the biggest fall after losing $3.2 billion as large cap stocks disappointed for a forth-consecutive day. The losses of Facebook Inc.’s CEO tops those of Spain’s Amancio Ortega and Mexico’s Carlos Slim who both...
October 13th, 2017Bharti Airtel Ltd is acquiring the Tata conglomerate consumer mobile business virtually free of charge in a deal that gives India’s top wireless player a major subscriber base boost, while stemming the bleed for Tata from a money-losing venture.
Bharti Airtel will gain over 40 million customers from Tata Teleservices and a...
July 26th, 2017Budget Hotels Chain FabHotels has recently raised an amount of $25 Mn in a Series B funding round led by Goldman Sachs, an American multinational finance company, that backed the likes of Uber and Spotify.
Started in 2014 by Vaibhav Aggarwal and Adarsh Manpuria, FabHotels is a branded budget hotel aggregator wherein it partners with...
