ElasticRun
BlackRock has slashed the value of stake in Byju’s, once worth $22B, to zero
HSBC and BlackRock estimate that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.
SoftBank, Goldman Sachs mint unicorn in Indian commerce startup ElasticRun
SoftBank Vision Fund 2 has led a $300 million investment in ElasticRun as the Japanese conglomerate doubles down on its commerce bet in the world’s second largest internet market. Goldman…
Sequoia Capital India looks to double down on commerce startup Bikayi
Bikayi is in talks to raise about $50 million in a new financing round, four people familiar with the matter told me, as the Indian startup looks to scale its…
SoftBank Vision Fund 2 and Goldman Sachs are in talks to back Indian commerce startup ElasticRun, according to four people familiar with the matter. The proposed Series E financing round,…
India’s ElasticRun raises $75 million to grow its commerce platform for neighborhood stores
A startup that is helping more than 125,000 neighborhood stores in India secure working capital, inventory from top brands and work with e-commerce firms to boost revenues said on Thursday…
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Inside Prosus Ventures’ $4.5 billion bet on India
Prosus Ventures last week filed a hostile offer for British food delivery startup Just Eat, an attempt to defeat a unanimous rejection from its board and simultaneously fend off a bid from rival Takeaway. The giant Naspers spinoff said it was willing to pay as much as $6.3 billion in…
Prosus Ventures leads $40M investment in Indian logistics startup ElasticRun
Millions of neighborhood stores that dot large and small cities, towns and villages in India and have proven tough to beat for e-commerce giants and super-chain retailers are at the…