Mintifi Secures $180 Million to Expand Its Supply Chain Financing Platform
In a major boost for the fintech sector, Mumbai-based Mintifi, a leading B2B lending and supply chain financing platform, has raised $180 million in its Series E funding round. This round was co-led by Teachers’ Venture Growth (TVG) and Prosus, with participation from existing investor Premji Invest.
This funding marks an…
Prosus has made a significant gain of more than $2 billion from its investment in Swiggy, the popular food delivery platform, as the company moves towards its IPO in India. The move underscores the growing value of Prosus’s investment portfolio, which has been expanding beyond its holdings in Chinese tech giant Tencent.
A Big Win for Prosus with Swiggy’s IPO
Swiggy, India’s leading food…
Bengaluru-based quick-commerce platform Swiggy has received approval from the Securities and Exchange Board of India (SEBI) for its proposed $1.25 billion Initial Public Offering (IPO). According to reports from the Economic Times, Swiggy filed draft papers for the IPO using the confidential route back in April.
Following this approval, Swiggy must submit an updated draft red herring prospectus…
Police authorities in the province of Uttar Pradesh have enrolled a first data report against Meesho on an objection recorded by a client who said that he was sold a phony Rolex watch and GUCCI shirt on the social trade stage.
The FIR has been enrolled at Wazirganj police headquarters in Lucknow and comes extremely close to a public interest prosecution (PIL) that was documented in the Delhi High…
