Revaluation

Temasek arm FFH to invest Rs 252 cr in Lendingkart to get controlling stake

Lendingkart on Friday said existing investor Singapore-based Temasek has committed to investing up to Rs 252 crore in the fintech to take a controlling stake. Earlier, Temasek arm Fullerton Financial Holdings (FFH) had 38.16 per cent stake in the company but the investment amount is not known. A company statement announcing the fundraise was, however, silent on the reports of a huge decline in valuation in the latest round of funding. FFH is committing up to Rs 252 crore more and will have a controlling stake, subject to regulatory nods, the statement said. The capital infusion from FFH will enable the company deepen its reach in underserved markets and enhance technology. The company's founder and managing director, Harshvardhan Lunia said the fresh investment is a "vote of confidence" in Lendingkart's ability to transform the MSMEs' (micro, small and medium enterprises) lending landscape and vowed to replicate the investor's past successes in India. FFH's chief executive Hong P

Indian equity funds' cash holdings at 5-yr high on caution over valuations

Although the rise in cash levels is partly due to inflows and the launch of new funds, caution is also a factor

Edtech major Byju's to slash $22 bn valuation by 90% to raise fresh funds

The company is focusing on rebuilding its core business and will double down on recent attempts to jump on to the next big bandwagon in education

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion

OU revaluation results 2019 declared: Check the results on osmania.ac.in

Osmania University Revaluation Results 2019: The candidates who applied for revaluation of the OU examination can check revaluation results on osmania.ac.in

'Revaluation To Build A Unified Tata Brand'

'Revaluation To Build A Unified Tata Brand'