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Flipkart-backed logistics firm Shadowfax is in talks to raise USD70 million-USD80 million at a valuation of over USD500 million, according to multiple sources privy to the development. If all goes well, the round would soon be closed, and mark a big win for Shadowfax, which was caught in the crossfire of an intense fight between Flipkart and Meesho. Flipkart is a strategic investor in Shadowfax, with around 15% stake, after leading a USD60
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Kyiv – Russian missiles struck Ukraine’s key Black Sea port of Odesa on Saturday, officials said, in an attack Kyiv described as a “spit in the face” of...
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Ukraine finally secured a deal aimed at restarting crucial Black Sea grain exports that have been crippled by Russia’s invasion. But getting them going won’t be easy. Government...
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A teacher teaches face to face, an online class after schools reopened at Vidya Bal Bhawan Senior Secondary School, Mayur Vihar on February 7, 2022 in New Delhi,...
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The history of India’s USD230 billion IT services businesses has mostly been that of playing catch up with global peers, including Accenture, Capgemini, IBM.Often India’s IT sector watchers...
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Representative ImageSynopsisThe latest Swiggy-led funding round put Rapido’s valuation around USD830 million. This is impressive for a startup that survived on just USD2 million in the first three...
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