As India’s economy has shrunk to its worst level in 40 years in the second quarter (Q2), the nation’s businesses raised $31 billion in equity capital this year, according to global data provider Refinitiv. Get the Full Story Complete the form to unlock this article...
Billionaire investor Bill Ackman said he’s had preliminary discussions with Airbnb and Stripe, among others, about helping them to go public, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
At what point is the word “overheated” an understatement? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
Silver Lake is reportedly in talks to make a $1 billion investment in Mukesh Ambani’s Reliance Retail at a valuation of about $57 billion, the Financial Times (FT) reported, as the investment group looks to get closer to India’s richest man. Get the Full Story Complete...
India’s Zomato, a food ordering and delivery startup, has completed its planned fundraising deal with a division of the Singapore government’s Temasek Holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Home space and renovations platform Livspace, which counts Goldman Sachs and IKEA among its investors, has ended a funding round intended to bolster expansion in Asia and come away with $90 million. Get the Full Story Complete the form to unlock this article and enjoy...
Mobile game platform Skillz is looking to go public, and a partnership with Flying Eagle Acquisition Corp. could help it do so, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Insurance technology firm PasarPolis has notched $54 million in funding, with Xiaomi Corp., LeapFrog Investments Ltd. and SBI Investment among the backers in the Series B round. Gojek, Traveloka and Tokopedia were some of the first investors in the Indonesia-based company, Bloomberg reported. Get the...
Short-term rental giant Airbnb has said “thanks, but no thanks” — at least for now — to a proposal to go public by merging with billionaire Bill Ackman’s special purpose acquisition company (SPAC). Get the Full Story Complete the form to unlock this article and...