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udaan clinches $340 million financing

Existing equity investors Lightspeed Venture Partners and DST Global also participated in the roundNew Delhi: B2B e-commerce platform udaan on Thursday said it has raised $340 million (about Rs 2,822 crore) in a funding round led by M&G Plc.Existing...

Instacart announces US$ 225 million in new funding led by DST Global, General Catalyst and D1 Capital Partners

Instacart, the North American leader in online grocery, announced it has raised US$ 225 million as part of a new financing round led by DST Global and General Catalyst, with existing investor D1 Capital Partners participating. The investment comes...

Swiggy raises US $210 million from Naspers, DST Global

Indian online food ordering and delivery platform Swiggy on Thursday said it raised US $210 million in a Series G funding from South Africa's Cape Town-based internet company Naspers and Hong Kong-based internet investment firm DST Global.This seventh round...

Flipkart in talks to raise US $800 million to strengthen operations

E-commerce major Flipkart is in advanced stage of discussions to raise about US $800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon. According to a PTI report: The funding,...

Swiggy raises $ 7 million in fresh round of funding

Food ordering app Swiggy has raised an additional amount of $7 million from its existing investors Norwest Venture Partners, DST Global and Accel Partners. In January this year the Bangalore-based startup raised $35 million in Series C from New York-based...

Naspers Increases Stake in Flipkart to 17.7%

South-Africa based Internet company Naspers has increased its stake in Flipkart to 17.7 percent, as announced in its provisional financial report, according to a leading daily.Naspers held a stake of 16.7 percent in Flipkart in May until it further...

Flipkart New Line of Investment by DST Global

Flipkart, India's largest online retailer has raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global as declared in a statement released by the company.According to media...

Flipkart Raises $210 mn; to Utilise Funds for Acquisitions

Days after closing the biggest acquisition deal in the Indian e-commerce space, online marketplace giant Flipkart has raised $210 million in a fresh round of funding, bringing the private equity firm DST Global on board as an investor, according...

Flipkart Plans to Raise $500 mn from DST Global

E-commerce retailer Flipkart is planning to raise $500 mn, almost Rs 3,000 crore, from Russian investment firm DST Global, according to a leading daily. The report mentions that apart from DST, other players like General Atlantic and Fidelity are...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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