#TodayDeals: MakeMyTrip's Rights Issue Values Company at Rs 26000 Cr, Oppo Launches New Brand Realme & More
Below is a list of deals that happened in Indian Startup Ecosystem today. Read a brief description about all of them:
1. MakeMyTrip’s Nasdaq-listed parent has injected additional funds in the tour and travels portal and aggregator through a rights issue, valuing the Indian operating company at around Rs 26,000 crore. Read More...
2. Oppo has announced the launch of a new brand called Realme. The new brand Realme will launch all new devices in India first before introducing it to any other global market between Rs 10,000-20,000 price range. Read More...
3. Paytm has recorded sale of 38 mn travel tickets on its platform in FY18. Read More...
4. SoftBank Group Corp chief executive Masayoshi Son said on Tuesday a second Vision Fund would be set up in the near future, adding that investment for the new fund could come from existing institutional investors. Read More...
5. Aye Finance, a leading Fintech lender to the MSMEs, has raised over Rs 30 Cr from SBI, the largest PSU Bank in India. Read More...
6. The All India Online Vendors Association (AIOVA), which represents over 3,500 online vendors, has once again requested the government to frame a regulatory body to monitor e-commerce players and their merchant policies.
7. Celebrity fashion designer Nishka Lulla launches the newest e-commerce fashion portal GetNatty.com.
