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After plunging to a four year low in 2013, Private Equity (PE) investments in India bounced back by 47.3% during 2014 to touch $10.9 billion (across 436 deals) – the second highest figure ever, behind only the $14.5 billion (across 529 deals) invested in 2007, according to data from Venture Intelligence, a research service focused […]
06 Jan 2015
India’s e-commerce giant Flipkart, today announced a US $ 700 million investment with new investors: Baillie Gifford, GreenoaksCapital, Steadview Capital, T. Rowe PriceAssociatesand Qatar Investment Authority, along with existing investors: DST Global, GIC, ICONIQ Capital and Tiger Global, who also participated in this latest financing round. This is the investment number three for the company in the year 2014. […]
20 Dec 2014
Who would have thought that the two 25 year-old young graduates from IIT-Delhi who were distributing bookmarks outside Gangaram bookstore (Bangalore) in 2007, will own a $5 billion company one day? Exactly, 13 years and 3 months after Amazon was started, two of its ex-employees from India decided to take up the idea of selling […]
29 Jul 2014