On-demand healthcare offerings startup Mfine has handed a unique decision approving the buyback of stocks to offer an exit to its investors, regulatory filings show.
The buyback can be of 1,17,194 elegance A equity stocks and 53,077 Series A1 CCPS. Mfine’s co-founders Ashutosh Lawania and Prasad Kompalli have tendered their 1 lakh equity stocks (50K each) for the buyback.
The organisation will…
Earlier this month, Unacademy obtained Rs 1,122 crore or $one hundred fifty million in a spherical led through SoftBank with participation from its current investors, turning it into a unicorn with a valuation north of $1.three billion.
The Japanese investor has infused almost Rs 900 crore withinside the Series F spherical along with current backer Facebook which invested Rs 30.08 crore and Nexus…
Silicon Valley telemedicine enterprise Hims Inc., which received reputation promoting erectile dysfunction and hair loss remedies on-line, is nearing a deal to move public via a merger with blank-check enterprise Oaktree Acquisition Corp., according to people with expertise of the matter.
The deal, which can be introduced as quickly as subsequent week, could value Hims at about $1.6 billion…
Investment tech startup Smallcase investment is elevating INR ninety nine Cr in a combination of fairness and preference stocks from a clutch of buyers as part of its Series B round. DSP Asset Management Firm, Sequoia’s SCI Investment V, Milestone Trusteeship Services, BEENEXT and Unitary Funds participated on this round.
Other buyers Relativity Investment Advisors’ Nakul Zaveri, Universal…
ClanConnect.ai, a platform that connects influencers to brands, has raised Rs five crore from investors led through Venture Catalysts along side a clutch of angels inclusive of Samrath Bedi, handling director of Forest Essentials; Sandeep Aggarwal, founder, Droom.in; Aakrit Vaish, co-founding father of Haptik; and Haresh Hingorani, leader innovative officer, Redchillies VFX.
The tech-enabled…
It has partnered with Gurgaon-primarily based 1MG, whose app is now to be had on Flipkart’s Android app. This approach customers can order prescription medicines, book medical doctor consultations and lab checks inside Flipkart.
The e-tailer’s access in e-pharmacy is already seeing opposition. The All India Organisation of Chemists and Druggists (AIOCD), a frame with 8.5 lakh members, has…
Scores of latest Chinese apps have flooded Indian app stores in the previous few months together with numerous rebranded variations of programs banned by the authorities in latest months bringing up danger to national security. For instance, Snack Video, released by Tencent-backed Kuaishou, is just like Kwai, an earlier offering by the Chinese organization that was banned in June.
Snack Video…
US retail Walmart has invested $560 million in Flipkart, as a part of its $1.2 billion spherical introduced in July, regulatory filings made in Singapore show.
Walmart in July had introduced it was leading a $1.2 billion funding in Flipkart at a valuation of $24.nine billion, including that the funding might be made in tranches over the the rest of the monetary yr.
In a conference call post…
Agriculture finance startup Samunnati raises $20 million in debt from the United States International Development Finance Corporation (DFC) to enlarge its lending activities withinside the 2nd 1/2 of of the continued economic year.
The newly raised capital will assist the organization to enlarge its financing and technical help to low-earnings farmers and firms all through the agricultural value…
Pichai’s tone toward employees was more extreme than that of the company’s public-facing statements.
Alphabet and Google CEO Sundar Pichai despatched a stern caution to all employees Friday, pointing them to a new agreement among the company and shareholders who alleged it did not reply correctly to claims of sexual misconduct and harassment.
The agreement consists of a $310 million commitment to fund a council to oversee diversity and equality issues, in addition to sweeping modifications to…
