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BigBasket valuation may touch $4-5b as sales rise : Rashtra News #BigBasket #valuation #touch #45b #sales #rise Bengaluru: Even as Tata Digital seeks additional cash from holding company Tata Sons to fuel its ambitious growth plans, one of its biggest assets, egrocer BigBasket has seen a jump in its valuation following a secondary share sale
BOI-registered investments in Davao reach P8.45B in 2020
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13 hot tech companies sold offshore: Did NZ benefit? 13 minutes to read This month has seen two substantial technology companies sold offshore, with Auckland-based retail software firm Vend going to NYSE-listed Lightspeed for $450 million, and Christchurch geologic 3D modelling outfit Seequent acquired by Nasdaq-listed Bentley Systems for $1.45b. Backers were quick to claim that jobs would stay in New Zealand (Vend and Seequent employ some 400 locally between them) and that investors like Movac and Punakaiki Fund (Vend) and Pencarrow (Seequent) would recycle money back into ...
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$1.45 billion for Seequent, a Kiwi company 'no one has ever heard of' 12 Mar, 2021 04:47 AM 4 minutes to read Silicon Valley private equity firm Accel-KKR and New Zealand's Pencarrow are in for a big payday after agreeing to sell their stakes in Christchurch-based geoscience software company Seequent to Nasdaq-listed Bentley Systems for US$1.05 billion ($1.45b). Bentley, a US-based infrastructure engineering software company, said the acquisition would add about 10 per cent to its revenue and earnings before interest, tax, depreciation and amortisation, and that it was expec...
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US Nasdaq-listed company buys Christchurch-based Seequent for US$1.05 billion 11 Mar, 2021 11:59 PM 2 minutes to read NZ Herald Christchurch-based Seequent, known for earth modelling software among other things, has been snapped up by Nasdaq-listed engineering software company Bentley Systems for US$1.05 billion ($1.45b). Read More The acquisition, subject to New Zealand Overseas Investment Office approval, would see the company continue to operate as a standalone business unit within Bentley. Seequent is a New Zealand success story, having grown from one employee in 2004 to 173 New Zealand s...