Lithuania’s Vinted has made headlines by securing a remarkable new valuation of €5 billion (approximately $5.4 billion), following a significant secondary share sale worth €340 million ($367 million). This achievement underscores the growing strength of the second-hand fashion marketplace and its impact on the broader retail landscape.
Major Players in the Secondary Share Sale
The latest…
LC Nueva Investment Partners has just launched its second venture capital fund, the LC Nueva Momentum Fund, aimed at investing in 10 to 15 promising startups. This new fund targets a total of Rs 150 crore (about $18 million), with the potential to expand to Rs 250 crore ($30 million) through an additional greenshoe option of Rs 100 crore (around $12 million).
Building on Previous Success
The…
Oister Global, a Gurugram-based investment firm, has partnered with Tribe Capital India to launch a new fund focused on secondary market transactions. This fund aims to invest $500 million over the next two years as interest in secondary private market transactions in India continues to rise.
In the past four to five years, India has seen $7.7 billion transacted in the secondary market, according…
