Tiger Global Management falls short of $6 billion target by 55%: Report
The venture capital firm raises $2.7 billion for its 16th PE fund, missing the $6 billion objective amid investor caution and declining valuations.
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Byju’s pays Blackstone $234 million related to Aakash deal: Report
Blackstone Inc. has received a payment from Byju's of 19 billion rupees ($234 million), made on Thursday, for a 38% investment in the learning centre network Aakash that Blackstone now owns.
Social commerce startup DealShare raises $165 million in latest funding round
On Friday, the company announced that the first round of its Series E fundraising had generated $165 million, valuing the company at $1.65 billion.
GoMechanics startup raised $42 million, led by Tiger Global
Currently, GoMechanic has over 600 car repair workshops and the firm services over two million cars every year. The startup has planned to target 10 million customers by 2021.
Food Delivery giant Zomato denies media reports of filling drafts with SEBI
Zomato has denied media reports that it will be filing a draft, Red Herring Prospectus (DRHP), an important step to go public on Friday. Meanwhile, the founder of Zomato, Deepinder goyal said that the news was "incorrect" through a tweet.
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