The latest funding round follows a similar USD 6 billion Series B round just six months ago, backed by Andreessen Horowitz, Sequoia Capital, and others
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According to media reports, currently, Greaves Cotton holds a 62.5 per cent stake, with Abdul Latif Jameel Green Morbility owning the remainder
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The transaction comprises an all-cash deal for the acquisition of the entire stake in Fenixys for a total of 10 million euros (About Rs 90 crore)
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The flagship Startup India programme, launched in 2016, has been a cornerstone of this effort. As of December 25, 2024, 157,066 startups have been recognised by the Department for Promotion of Industry and Internal Trade (DPIIT), with 759,303 users registered on the portal
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Integrated into Swiggy’s flagship initiatives, She the Change and Swiggy Skills, the program is designed to equip the delivery partners with vital financial skills
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The Book Running Lead Managers to the offer are ICICI Securities Limited and JM Financial. The equity shares are proposed to be listed on BSE and NSE
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Other key investors in the round include Nikhil Kamath, Suniel Shetty, Vinod Duggar & key investor Manish Patel, among others
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