Sunday, May 19, 2024
Outlook India
Outlook Business


The firm offloaded holdings in the company through an open market transaction for Rs 2425 crore

The extension demonstrates shared objective of creating impactful digital transformation and investing in digital talent in Singapore

3 in 5 investors expect deal activities to rise in the next three years, with most stating that over 75 per cent of their funds’ allocation will be towards digital investments in the next seven years

According to the report, the growth will be led by the B2C e-commerce segment, followed by B2B e-commerce, software-as-a-service providers and the online travel segment

The company has plans to utilise the funds to advance manufacturing capabilities

Founded in 1991, Manipal Health Enterprises is the second-largest hospital chain in India after Apollo

The funds will be used to support the company's growth across multiple verticals of formal education and expand its ESOP pool

Last month, the MohallaTech backed start-up laid off around 100 employees from its workforce

The Gurgaon-based start-up had last raised $25 million in a Series G round, which was led by Belgian private equity firm Sofina Group

The latest fundraising is a combination of primary and secondary market transactions which offered partial exits to angel investors