Stay updated with breaking news from Dst Global. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The funding includes a combination of fresh equity as well as the conversion of existing debt (convertible notes) into equity. Udaan plans to use the funds to strengthen customer experience, market penetration, strategic vendor partnerships, and to reinforce long-term capabilities of supply-chain and credit, the release read.
Business-to-business unicorn Udaan has converted some debt into equity as part of its Series E funding round and pushed back its plan to go public ......
The COVID-19 pandemic minted several high-valued companies as the demand for social media skyrocketed when people were physically staying away from one another. Clubhouse, a social audio platform, reached a valuation of $4 billion within a year after it raised funds from Andreessen Horowitz, Tiger Global Management and DST Global. The app crossed $14 million in downloads in the first quarter of 2021, making it a pandemic-era unicorn. But the app seems to have lost its charm post-pandemic, with t
I see three reasons investors would be better off buying stock in Instacart’s rival, DoorDash: Faster growth. more room for expansion, and higher valuation.
President William Ruto is expected to hold discussions with TikTok CEO Shou Zi Chew over the moderation of explicit content on the Chinese video-sharing platform.