Bengaluru-based K12 Techno Services has secured $40 million ( ₹340 crore) from venture capital firm Kenro Capital, according to a statement from the education and technology services provider on Wednesday. The deal has been struck at a valuation of about ₹5,000 crore, a person aware of the matter said on condition of anonymity. Existing investors…
Running into the Swiggy IPO, a key point of debate was the difference in growth rate with its close peer Zomato. For example, in Q1 FY25, Zomato’s year-on-year (y-o-y) revenue growth rate at 62 per cent was much stronger than Swiggy’s 34 per cent. The difference was also notable when one considers the booming quick…
Private equity companies are looking to invest $100 million in new-age intra-city logistics services provider Porter, in a deal that will value the decade-old startup at $1.1-$1.2 billion, two people with knowledge of the development said. The new funding round will be a mix of primary and secondary share sale, they said on the condition…
