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Adding to its Lenskart windfall, global investment firm SoftBank has now offloaded 4.50 Cr shares in the eyewear retailer to rake in ₹2,887.9 Cr.
As per BSE data, the investor, via its holding entity SoftBank Vision Fund (SVF) II Lightbulb (Cayman) Ltd, sold the shares at an average price of ₹641.75 apiece, a 3% discount to the stock’s last closing price.
This ...
US-based startup accelerator Y Combinator offloaded 4.85 Cr shares of listed ecommerce platform Meesho, around a 1% stake, via multiple block deals, as per NSE data.
Y Combinator Continuity Holdings I sold 2.3 Cr shares, while YCS16 Holdings parted with 2.1 Cr shares and YCVC Fund I sold 48.5 Lakh shares.
The shares were sold at an average weighted price of ₹2...
Shadowfax’s early investor Qualcomm Ventures sold 75 Lakh shares in a block deal worth ₹183.85 Cr in Shadowfax on Friday (August 21).
As per BSE data, the firm, via its Qualcomm Asia Pacific Pte Limited, sold the shares at ₹245.13 apiece to rake in the amount. This is 4% less than the stock’s closing price of ₹255.45 on Friday.
Qualcomm Asia Pacific Pte Ltd owne...
Healthtech startup Healthify (formerly HealthifyMe) has merged with US-based nutrition care company Berry Street to build an “advanced insurance-covered AI metabolic health platform” for the US market.
The amalgamated entity will be jointly led by Healthify founder and CEO Tushar Vashisht and Berry Street founder and CEO Noah Kotlove as co-CEOs. Financial details of th...
slice Small Finance Bank (SFB) has appointed former SBI chief general manager Samir Sawhney as executive director and former ICICI Bank senior executive Ramesh Kumar as independent directors on its board.
Both appointments have received the approval of the bank’s board. The RBI has also approved Sawhney’s appointment as executive director, slice said in a statement. <...