Zomato raises $160 mn in funding; plans IPO

The IPO will be sometime in the first half of next year. Info Edge on Thursday said its investee company Zomato has raised $160 million (about Rs 1,173 crore) in funding from Tiger Global and......

Snapdeal all set to raise $500 million

The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal Indian online marketplace Snapdeal is set to raise $500 million from a group of foreign......

Snapdeal to raise $600-$650 mn investment

Online retailer Snapdeal is close to raising $600 million to $650 million from existing investors, led by Japan's SoftBank Corp, to expand operations, three people involved in the fundraising said.......

Lafarge to sell stake in Indian unit for $300 mn

French cement maker Lafarge SA is in talks with private equity and financial firms to sell a 20-25 percent stake in its India unit for about $300 million, two sources with direct knowledge of the......