IDG Ventures

Softbank Offers Flipkart Shares Buyout At $10 Bn Valuation

Indian ecommerce big Flipkart can quickly part with a lot more of its stake in arms of Japanese conglomerate Softbank. The Masayoshi Son led firm has proposed the present early-stage traders of Flipkart and its employees to sell their shares for $85-$89 a piece. The transaction will set Flipkart’s valuation at $10 Bn, which is a…

Read More...

Unilever Ventures Infuses $10 Mn In IDG Ventures India Fund

Mumbai-based mostly Unilever Ventures, the PE vertical of Unilever and Amazon Net Expert services Pvt. Ltd. (AISPL), has invested $10 Mn (INR 65 Cr) into IDG Venture India Fund. The raised funds will be applied by IDG Ventures India Fund to devote in client-technology, innovation, and digital startups. “The business can help early and expansion-phase…

Read More...

Fintech Startup Active Intelligence Raises $8.25 Mn Funding, Led By Vertex Ventures

Active Intelligence, a Singapore-headquartered fintech platform with an innovation lab in Bengaluru has successfully elevated $8.25 Mn in its Collection A funding, led by Vertex Ventures, Creditease Holdings and Desire Incubator. Present investors Kalaari Money and IDG Ventures also participated in the spherical. The company experienced before elevated $3 Mn funding in a Pre-Collection A…

Read More...