ISLAMABAD: A meeting of the Cabinet Committee on Energy was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives Asad Umar here in Islamabad on.
Read more about Flipkart in talks to raise $3 bn from marquee investors at $35-bn valuation on Business Standard. The funding from SoftBank, Abu Dhabi s ADQ, CPPIB is expected to set the stage for Flipkart s IPO in the US by next year and increase its valuation to about $50 bn, say sources
Flipkart is holding talks with investors such as Canada Pension Plan Investment Board (CPPIB), Abu Dhabi s ADQ, and Japan s SoftBank to raise total funding of around $3 billion
India Business News: NEW DELHI: Logistics unicorn Delhivery, which specialises in delivering goods for major e-commerce companies, has raised around $270 million at approx.
socaltech.com
Newport Beach-based wireless infrastructure provider
Mobilitie appears to be up for bid, and is nearing a deal to be acquired for more than $1.3 billion by the Canadian Pension Plan Investment Board (CPPIB), according to Bloomberg. Bloomberg cited people with knowledge of the matter for the information. No other details of the private equity deal were detailed, however, apparently CPPIB outbid a number of private equity firms also looking at the deal. Mobilitie provides wireless infrastructure to sports and entertainment venues, including 5G services.