Mamaearth eyes ₹2K cr pre-Diwali listing
Mamaearth plans IPO valued at $1.2 billion-$1.4 billion before Diwali
Source: livemint.com
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Kedaara Capital Backs Edtech Startup K12 Techno Services, Peak XV Gets Partial Exit
Edtech startup K12 Techno Services has raised an undisclosed amount of funding from Kedaara Capital, giving Peak XV Partners a partial exit.
Source: inc42.com
India Digest: SoftBank, Canada pension board may back Eruditus; Kedaara Capital invests in edtech firm
SoftBank and Canada Pension Plan Investment Board are considering investing in Eruditus, while Kedaara Capital has acquired a minority stake in K12 Techno.
Source: dealstreetasia.com
'Would about Airtel or Amazon in 2003?': Mamaearth's Varun Alagh gets trolled over response to post on firm's valuation
'Given a chance would you invest in Airtel or Amazon in 2003? If the answer is yes, go check there (sic) financials for 1997-2007,' commented Varun Alagh on a LinkedIn post about IPO-bound Mamaearth's supposedly unreasonable valuations
Source: businesstoday.in
Mamaearth in talks with Fidelity, GIC, QIA, SoftBank for $150 million pre-IPO round
Even though founders Varun and Ghazal Alagh are confident of delivering an exit to investors through their upcoming public listing, a few early investors want to offload shares before the IPO, according to a source.
Source: moneycontrol.com