May 31, 2025
Business
Tag
Funding
Pine Labs raises $600 million in funding and plans an IPO in 18 months
It is estimated that the firm is currently worth $3 billion. Pine Labs, one of Asia’s leading merchant commerce platforms, has closed a $600 million fundraising round, with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberger Berman Investment Advisers LLC. IIFL
Zomato founder is now among India’s ultrarich after a stellar IPO
Zomato Founder, Deepinder Goyal became an overnight star of India's fledgling startup scene after his stock rose 66% on its debut.
Super Plastronics plans to reach Rs 1,000 crore in current financial year
Super Plastronics Pvt Ltd (SPPL) expects the growth opportunity in the affordable smart TV segment to continue
The value of India’s Cars24 doubles after raising $450 million in the latest funding round
Cars24, an Indian site and mobile app that sells used cars, has raised $450 million from investors, including SoftBank Group.
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