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Licious raised $52 million in a Series G funding round backed by IFL AMC’s Late Stage Tech Fund alongside other private equity investors. The round also saw participation from Avendus FLF (Future Leaders Fund).
Merchant platform Pine Labs raises over $600 mn By IANS | 5 Views Dollar.. Image Source: IANS News New Delhi, July 6 : Leading merchant commerce platform Pine Labs on Tuesday announced it has secured over $600 million in a funding round with the entry of new investors, which is subject to approval from the Securities and Exchange Board of India (SEBI). The new investors are Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberger Berman Investment Advisers LLC. IIFL AMC via its 'Late-Stage Tech Fund' and Kotak are also partic...
Pine Labs, one of Asia’s leading merchant commerce platforms, has closed a $600 million fundraising round, with the entry of new investors Fidelity Management & Research Company, funds managed by BlackRock, Ishana, Tree Line, a fund advised by Neuberger Berman Investment Advisers LLC. IIFL AMC via its ‘Late-Stage Tech Fund’ and Kotak are also participating in this investment round, which is subject to approval from the Securities and Exchange Board of India (SEBI). With the current close, the valuation of the firm stands at $3 billion. Pine Labs said it continues to be well-financed an...