Flipkart planning for a USD 1 billion fundraising before going public

Flipkart planning for a USD 1 billion fundraising before going public

Published: 3 hours ago By Nikita Chaurasia

Walmart-owned Flipkart is reportedly looking to raise at least USD 1 billion at USD 30 billion valuation before going ahead with its IPO plans in the upcoming months. This time, the Indian e-commerce giant is looking to ....

U.K. might ease lockdown restrictions following drop in COVID-19 cases

British Prime Minister Boris Johnson is reportedly planning to further ease lockdown restrictions in the United Kingdom. This announcement comes after Britain witnessed a drop in the daily death toll and case count, primarily due to rapid v....

Maruti Suzuki India prolongs maintenance shutdown over COVID-19 fears

Maruti Suzuki India Limited has reportedly extended its maintenance shutdown from May 9th to May 16th amidst rising COVID-19 cases across the country. However, it is difficult to ascertain whether the intention behind the extended shutdown ....

Amazon sets tougher rules for its delivery service partners’ employees

Amazon is known for closely managing its staff and contractors, and it also seeks to control the employees of the companies in which it works. Reportedly, the company has updated its policies for Amazon’s delivery partners wherein it ....

Tiger Global looking to raise USD 10 billion to create new venture fund

American investment firm Tiger Global is reportedly looking to create a capital fund for startups by securing USD 10 billion from investors. So far, the company has participated in over 100 investment rounds since the past three months and ....

BMW, Ford lead Solid Power’s USD 130 million Series B funding round

Solid Power Inc., a leading U.S-based producer of solid-state batteries has reportedly secured USD 130 million in the Series B funding round led by renowned car makers namely Ford Motor Company and BMW Group.  These funds will be used....

Pfizer donates COVID-19 treatment drugs worth USD 70 million to India

Reportedly, American multinational pharmaceutical firm Pfizer Inc. has extended a helping hand to India in the battle against Covid-19, sending drugs worth USD 70 million to the country. The company is also in discussion with the Indian gov....

McAfee and Fujitsu join hands to provide secure computing experience

McAfee LiveSafe will protect Fujitsu consumer PCs against cyber threats and viruses. McAfee Labs had reported that around 648 cyber threats per minute during the fourth quarter of 2020. California-based computer security software comp....

Alchemy secures USD 80 million during Series B funding, eyes expansion

Alchemy Insights Inc., a leading blockchain development platform, has reportedly bagged USD 80 million during a Series B funding round which was led by Coatue and Addition, the two New York-based venture capital firms, as well as Lee Fixel&....