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Kae Capital, Whiteboard, others back B2B firm Onwo

TMT

13 February, 2023

Kae Capital, Whiteboard, others back B2B firm Onwo

Bengaluru-based business-to-business (B2B) platform Onwo on Monday said it has secured $1.6 million (around Rs 13.2 crore) in a seed ......

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TR Capital plans NAV financing deals in India

Finance

13 February, 2023

TR Capital plans NAV financing deals in India

Secondaries private equity (PE) firm TR Capital is evaluating NAV financing deals in India to lend to other funds through ......

CPP Investments commits Rs 1,800 cr to India in 3rd quarter

Finance

10 February, 2023

CPP Investments commits Rs 1,800 cr to India in 3rd quarter

Canada Pension Plan Investment Board (CPP Investments), Canada’s largest pension fund manager, has committed a total of nearly Rs 1,800 ......

Flipkart gets interim HC relief over ₹1,100 cr tax demand

TMT

08 February, 2023

Flipkart gets interim HC relief over ₹1,100 cr tax demand

Walmart Inc-backed Flipkart on Wednesday won interim relief over a tax demand of more than ₹1,100 crore for assessment years ......

PhonePe investors paid Rs 8,000 cr in taxes to make India its home

TMT

25 January, 2023

PhonePe investors paid Rs 8,000 cr in taxes to make India its home

Making India its home has proved to be expensive and "shocking" for the investors of digital payments company PhonePe who ......

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Cleartrip eyes expanding hotel business this year

Consumer

23 January, 2023

Cleartrip eyes expanding hotel business this year

Hotels will be the single biggest focus area for Flipkart-owned travel portal Cleartrip following the re-launch of the vertical about ......

‘Fintech stays among top-funded sectors despite investment dip'

TMT

19 January, 2023

‘Fintech stays among top-funded sectors despite investment dip'

Funding across India’s fintech space almost halved in 2022 due to decline in late-stage funding activity throughout the year. However, ......

PhonePe raises $350 mn at $12 billion valuation

Finance

19 January, 2023

PhonePe raises $350 mn at $12 billion valuation

Walmart-owned Indian digital payments app PhonePe has raised $350 million from US private equity firm General Atlantic at a pre-money ......

Flipkart Internet gets infusion from Singapore parent

Finance

10 January, 2023

Flipkart Internet gets infusion from Singapore parent

Flipkart Internet, the online marketplace arm of the Walmart-backed company, has received $90 million ( ₹722 crore) fund infusion from ......

Flipkart's  $700 Mn Esop Cash Payout To Benefit 25,000

Consumer

27 December, 2022

Flipkart's  $700 Mn Esop Cash Payout To Benefit 25,000

More than 25,000 current and former employees of Flipkart are set to make a financial windfall as the e-commerce giant ......