Thursday, June 13, 2024
Outlook India
Outlook Business

Goldman Sachs

The techpreneur believes that if a founder is focused on an exit strategy, they might forget to build and fortify their business 

Pepperfry will use this capital infusion to fortify its capacity to cater to the dynamic needs of its extensive customer base

A recent report from the US Consumer Financial Protection Bureau (CFPB) stated that users of BNPL products typically had lower credit scores and limited savings

NestAway secured a cumulative funding of $110 million at the latest valuation of $220 million in 2019

With this investment, these firms join CYFIRMA’s existing investors Goldman Sachs, Zodius Capital, and Z3 Partners

The IPO, with a price band of Rs 415-436 a share, would open for public subscription from April 3, and the proceeds from the fresh issue would be used towards debt payment, funding working capital requirements and general corporate purposes

The Paytm board approved the buyback of shares worth Rs 850 crore on December 13, representing 6.67 per cent of the total paid-up share capital

The Fund will invest in high-growth businesses with strong market positioning globally. India investments already include MoEngage, ElasticRun and Swiggy

Macquarie has raised its target price on the stock to about 80 per cent at Rs 800, raising FY23–26E revenue estimates to 33–51 per cent

Increase in shareholding by domestic investors shows more Indian believe in Paytm’s ability to deliver profitability without compromising on growth