Test preparation firm Byju’s Classes in advanced talks to raise Rs 192 cr from Sequoia Capital India
In talks for one of the largest fundraising in India’s education tech sector is Byju’s Classes, which is in advanced stages of raising about $30 mn.
Goldman’s EM glass-half-full call faces trial by data
Evidence of a pick-up in manufacturing would provide a fresh spur to the rebound, accor...
Global investors line up to buy stake in Mu Sigma
Software and analytics giant Palantir Technologies is also in negotiations to acquire the s...
There’s a dark side to zero-cost investing that can’t be ignored
One place where efficiencies could be made is in the legal department, which could hurt investors in the event of a lawsuit.
India can gain from China's pain, but it's over-owned: Medha Samant, Fidelity
Medha Samant of Fidelity Worldwide Investment says despite China's troubles one cannot ignore the fact that India is the most over-owned trade.
48 companies make 104 offers during IIM Udaipur final placements
International offers were made by Xpress Money and ASC Thailand. Companies including ACG Pharma and India Pistons offered leadership roles.
Naveen Jain's Moon Express to be first private firm to execute mission beyond earth's orbit
Jain had founded a clutch of companies across fields from online search to software services to selling background information about clients.
Valuation seesaw at Flipkart; one investor prices share higher, while other marks it down
The repeated markdown of Flipkart shares by its investors has put the valuation tag of $15.2 billion for India’s largest online retailer in question.
Backtracking on reforms will hurt sentiment: Medha Samant, Fidelity Worldwide Investment
"Now, it is about making sure that you translate this rising confidence into incremental on-the-ground improvement that can revive economic growth."
Quess Corp raises Rs 180 crore from 15 anchor investors
The Bengaluru-based staffi ng company has allocated 75% for QIBs, 15% for high networth individuals and 10% for retail investors in the IPO.
AppsFlyer raises $20 million to invest in R&D, global expansion
With this funding, the company has raised USD 28 million to date. AppsFlyer's existing investors, Magma Venture Partners and Pitango Venture Capital also participated in the funding round.
Mu Sigma head Dhiraj Rajaram and wife Ambiga divorced; development won’t impact operations, says duo
Rajaram, however, told ET that Ambiga "may not continue in the role of CEO" in the "long term" although "as of now, she will continue in the role."
Flipkart stake marked down 15.5% further by Morgan Stanley
Morgan Stanley has marked the value of their Flipkart shares at $87.9 per share as of March 2016, down from $103.97 per share as of December 2015.
Looking at private banks, healthcares, consumer cos from 12-18 months' view: Medha Samant, Fidelity Worldwide Investment
We are long-term investors. So, short-term volatility in markets is not something that we would react to on an overnight basis.
Laurus Labs plans Rs 750-1,000 crore IP0; Hires Citi, Kotak, Jefferies
The company is expected to dilute up to 25% stake in the share sale, which will value the company at about Rs 4,000 crore, they said.
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