For travel portal ixigo, going public is the best option as it not only gives exits to investors but also allows customers and other stakeholders to hold shares in the company and grow with it, cofounder Aloke Bajpai told ET in an interview.
Abhijit Bose, head of WhatsApp India, said hundreds of companies are joining the business platform every month to connect with the fast-growing user base in the country.
According to Fraazo’s cofounder and CEO Atul Kumar, the current funding round is a mix of equity and debt and gives the firm a runway of another 12-18 months. “We plan to enter newer geographies using this capital,” he says.
The number of Indian students investing and trading in cryptocurrencies has increased many times over from last year, or for that matter even a few months ago, according to data from top crypto exchanges.
The round includes $200 million Series E equity and $50 million as debt in its pre-IPO round, sources in the know told ET.
TCS is looking at new opportunities in the B2B ecommerce and the D2C market for companies in the consumer packaged goods (CPG) segment, and has already bagged a number of such deals across Europe and the US, CEO Rajesh Gopinathan says.
The capital will be used for scaling, product development and enhancement, creating new engaging content, forging partnerships with leading animation houses, and hiring talent, according to a release.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
