
Flipkart: A unicorn unbowed
Despite a series of markdowns over the last 12 months and increased competitive pressure, Indian investors say e-commerce giant Flipkart is still a force to be reckoned with
The past 12 months have been tough for Flipkart, with the Indian e-commerce giant weathering a series of markdowns from US-based mutual funds. Fidelity and Morgan Stanley stood out by cutting their valuations...
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Singapore fintech start-up LXA gets $10m seed round
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India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.