Xaigi operates using a cash+equity business model, charging a specific amount of cash and the remainder in equity to align incentives with clients' success, and is presently working with three start-ups to develop their businesses
Existing investors are expected to partially exit through a secondary share sale, and the investment is taking place at a valuation of $4 billion. Lenskart aims to continue expanding with 400 new stores and expects to turn profitable in the financial year...
Flipkart is reportedly in discussions to acquire Bengaluru-based online pharmacy start-up Pharmallama to expand its e-pharmacy offering. The move comes as the country's e-pharmacy space faces regulatory scrutiny
The company is seeking funding for aggressive expansion and production, with National Infrastructure Investment Fund and a US-based fund among those likely to participate
