The deal could see the participation of more than one new investor. Additionally, Dream11’s existing backer Tencent is also keen to increase its stake in the company.
The fight-for-survival game has acquired the status of a cultural phenomenon the world over.
It’s big money as hit game’s publisher, livestreamers and 1 crore daily Indian users go all guns blazing .
SoftBank Vision Fund’s deal with Delhi-based Lenskart, where it will also potentially see a co-investor join the round, will value the company at close to $1.5 billion.
Prime Now will serve as a platform focusing on high-frequency use cases of both food and grocery delivery, as Amazon looks to capture a bigger share of urban consumers.
Manipal is looking to acquire Medanta for Rs 5,500-6,000 crore in negotiations that have been running for over nine months.
The Noida and San Francisco-based startup will be valued at close to $300 million in the new round of funding, sources said.
Silicon Valley veteran talks about India’s startup scene, tech regulation, and AI opportunities.
PhonePe, which recently crossed 3-billion-transactions landmark on its platform, is believed to be looking at a valuation in the range of $8 -12 billion.
This debt of Rs 3,537 crore is over the Rs 6,547 crore Coffee Day Enterprises had.
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