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Reliance Retail $3-4 billion funding: Canadian pensions, Japanese conglomerates, Gulf funds line up in droves to invest

Reliance Retail could raise about $3-4 billion by shedding around 3-4% stake in RRVL in the fresh round as the company looks to retire its debt and make the country’s largest retailer virtually debt-free before a possible initial public...

Softbank sells 1.16% stake in Zomato for Rs 947 crore

Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange New Delhi: Japanese conglomerate Softbank on Wednesday divested a 1.16 per cent stake in online food ordering company Zomato for Rs 947...

Unicommerce records 50% revenue growth in FY’23

The company has achieved an annual run rate of processing over 600 million transactions amounting to over $7 billion in annual gross merchandise value New Delhi: Softbank-backed Saas platform Unicommerce has registered a 50 percent growth in revenue driven by...

Paytm Mall raises close to Rs 2,900 crore from SoftBank, Alibaba

Paytm Mall has raised close to Rs 2,900 crore from SoftBank Investment Holdings and Alibaba.com Singapore e-commerce in a deal that values the online shopping venture of Paytm at US $2 billion. According to a regulatory filing by Paytm e-commerce,...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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