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Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
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Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents
Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incenti...
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India's 'e-Conomy' To Reach $1 Trillion By 2030: Report
India's internet economy is expected to grow six-fold to a trillion dollars by 2030 with households doubling their income in the next seven years, said a report by Google, Temasek and Bain & Company.
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Ola Electric Said to Hold Investor Meet on IPO Plans From Next Week
India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion (nearly Rs. 8,250 crore) IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed by investors such as ...
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India's Internet Economy Expected to Grow Six-Fold, Reach $1 Trillion by 2030: Report
India's internet economy is expected to register six-fold growth and touch $1 trillion (roughly Rs. 82,58,950 crore) by 2030, mainly driven by the e-commerce vertical, a joint report by Google, Temasek and Bain & Company released on Tuesday said.
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India's Internet Economy To Grow 6-Fold To USD 1 Trillion By 2030: Report
India's internet economy is expected to register six-fold growth and touch USD 1 trillion by 2030, mainly driven by the e-commerce vertical, a joint report by Google, Temasek and Bain & Company released on Tuesday said.
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Temasek Acquires 41% Stake In Manipal Health For $2 Billion
Singapore-based investment firm Temasek will acquire an additional 41 per cent stake in Manipal Health Enterprises, to take majority control of the Bengaluru-based firm, as per a joint statement issued by the entities today.
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In the SEC's Suit Against Bankman-Fried, What About the Customers?
FTX's Sam Bankman-Fried faces US SEC charges of fraud, after the crypto exchange collapsed last month. However, the SEC's lawsuit focused on a different group of alleged victims — the company's equity investors that reportedly included such firms as Sequoia, SoftBank, BlackRock and Temasek.
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Sam Bankman-Fried Cashed Out $300 Million During FTX's Fundraise in October 2021
After a successful $420 million (roughly Rs. 3,410 crore) fundraise in October 2021 from investors including Sequoia Capital, BlackRock and Temasek, FTX founder Sam Bankman-Fried took $300 million and sold some of his FTX stake.
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FTX Collapse: Temasek Writes Down $275 Million Investment in Fallen Crypto Firm Ahead of Bankruptcy Proceedings
Temasek on Thursday said it would write down its entire investment of $275 million (roughly Rs. 2,240 crore) in FTX. Other backers of the fallen crypto exchange such as SoftBank's Vision Fund and Sequoia Capital have also marked down their investment to zero after its collapse last week
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Adani Group In Talks With Investors To Raise $10 Billion: Report
Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10 billion to
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Pine Labs Sets Target of Up to $5 Billion in Monthly Payments Volume From Plural Service in Two Years
Pine Labs, the company that provides point-of-sale machines to offline merchants for card payments, said it is targeting up to $5 billion (roughly Rs. 39,600 crore) in monthly transactions within two years, for its online payments business, Plural. The firm also expects online payments to contribute 20 percent of revenue. Plural was launched last y...
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Google Helps ShareChat Raise $300 Million In Funding Round
Parent company of ShareChat has raised $300 million in fresh funding from Alphabet Inc's Google, Times Group and Singapore's Temasek Holdings
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NFT Startup Immutable Valued at $2.5 Billion in Temasek-Led Financing
Australian NFT startup Immutable has raised fresh funding from investors led by Singapore's Temasek in a round that values it at $2.5 billion (roughly Rs. 19,200 crore), the company said, as it taps a surge in interest in cryptocurrency and NFT ventures.
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Crypto Exchange FTX US Valued At $8 Billion After $400 Million Fundraise
Cryptocurrency exchange FTX US said on Wednesday it had notched a valuation of $8 billion after raising $400 million in its first funding round from investors including Japan's SoftBank Group Corp and Singapore's Temasek Holdings.
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Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
-
Ola Electric Expects to Quadruple Revenue This Financial Year, Reveal Company Documents
Indian e-scooter maker Ola Electric expects revenue to quadruple to $1.5 billion (nearly Rs. 12,300 crore) this financial year and then double that again in two years, according to a document containing corporate projections and people briefed on the matter. The figures, however, pre-date surprise cuts by the federal government to e-scooter incenti...
-
India's 'e-Conomy' To Reach $1 Trillion By 2030: Report
India's internet economy is expected to grow six-fold to a trillion dollars by 2030 with households doubling their income in the next seven years, said a report by Google, Temasek and Bain & Company.
-
Ola Electric Said to Hold Investor Meet on IPO Plans From Next Week
India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion (nearly Rs. 8,250 crore) IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed by investors such as ...
-
India's Internet Economy Expected to Grow Six-Fold, Reach $1 Trillion by 2030: Report
India's internet economy is expected to register six-fold growth and touch $1 trillion (roughly Rs. 82,58,950 crore) by 2030, mainly driven by the e-commerce vertical, a joint report by Google, Temasek and Bain & Company released on Tuesday said.
-
India's Internet Economy To Grow 6-Fold To USD 1 Trillion By 2030: Report
India's internet economy is expected to register six-fold growth and touch USD 1 trillion by 2030, mainly driven by the e-commerce vertical, a joint report by Google, Temasek and Bain & Company released on Tuesday said.
-
Temasek Acquires 41% Stake In Manipal Health For $2 Billion
Singapore-based investment firm Temasek will acquire an additional 41 per cent stake in Manipal Health Enterprises, to take majority control of the Bengaluru-based firm, as per a joint statement issued by the entities today.
-
In the SEC's Suit Against Bankman-Fried, What About the Customers?
FTX's Sam Bankman-Fried faces US SEC charges of fraud, after the crypto exchange collapsed last month. However, the SEC's lawsuit focused on a different group of alleged victims — the company's equity investors that reportedly included such firms as Sequoia, SoftBank, BlackRock and Temasek.
-
Sam Bankman-Fried Cashed Out $300 Million During FTX's Fundraise in October 2021
After a successful $420 million (roughly Rs. 3,410 crore) fundraise in October 2021 from investors including Sequoia Capital, BlackRock and Temasek, FTX founder Sam Bankman-Fried took $300 million and sold some of his FTX stake.
-
FTX Collapse: Temasek Writes Down $275 Million Investment in Fallen Crypto Firm Ahead of Bankruptcy Proceedings
Temasek on Thursday said it would write down its entire investment of $275 million (roughly Rs. 2,240 crore) in FTX. Other backers of the fallen crypto exchange such as SoftBank's Vision Fund and Sequoia Capital have also marked down their investment to zero after its collapse last week
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Adani Group In Talks With Investors To Raise $10 Billion: Report
Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10 billion to
-
Pine Labs Sets Target of Up to $5 Billion in Monthly Payments Volume From Plural Service in Two Years
Pine Labs, the company that provides point-of-sale machines to offline merchants for card payments, said it is targeting up to $5 billion (roughly Rs. 39,600 crore) in monthly transactions within two years, for its online payments business, Plural. The firm also expects online payments to contribute 20 percent of revenue. Plural was launched last y...
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Google Helps ShareChat Raise $300 Million In Funding Round
Parent company of ShareChat has raised $300 million in fresh funding from Alphabet Inc's Google, Times Group and Singapore's Temasek Holdings
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NFT Startup Immutable Valued at $2.5 Billion in Temasek-Led Financing
Australian NFT startup Immutable has raised fresh funding from investors led by Singapore's Temasek in a round that values it at $2.5 billion (roughly Rs. 19,200 crore), the company said, as it taps a surge in interest in cryptocurrency and NFT ventures.
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Crypto Exchange FTX US Valued At $8 Billion After $400 Million Fundraise
Cryptocurrency exchange FTX US said on Wednesday it had notched a valuation of $8 billion after raising $400 million in its first funding round from investors including Japan's SoftBank Group Corp and Singapore's Temasek Holdings.
