OYO has raised USD 250 million (INR 1600 crore) in a Series D financing round led by SoftBank through SoftBank Vision Fund with participation from existing investors Sequoia India, Lightspeed Venture Partners and Greenoaks Capital. Hero Enterprise has also joined the round as a new investor.
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Didi, China’s ride-hailing leader, and mobile giant SoftBank will invest up to USD 2.0 billion while USD 500 million is expected to come from other new and existing investors. Grab said it amounts to the largest single financing in Southeast Asia.
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Sequretek offers a comprehensive suite of products and services for securing information for their enterprise customers. The Company has three offerings for its customers – Avatar, Kawach and Integrated Managed Cyber Security.
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India’s leading e-commerce marketplace Flipkart has finally managed to bounce back by raising $1.4 billion from three global blue-chip tech companies Tencent, eBay and Microsoft, at a post-transaction valuation of $11.6 billion. The impending merger of Snapdeal’s holding firm Jasper Infotech with Flipkart is also expected to close in the next two weeks. This deal will […]
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