Welcome to another edition of It’s-a-Big-Deal, where we delve into the intricacies of significant private market transactions in India. In this episode, we unfold the unprecedented merger between fintech startup Slice and North East Small Finance Bank, a move that reshapes the financial landscape of the country. Watch this Episode 10 available on Linkedin and YouTube. About Slice…
Read moreThe week clearly belonged to financial services with 11 fintech deals out of the 48 we had recorded in PrivateCircle.co. Before we get to that busy sector, let us briefly look at more than 100 cr deals this week. Mega deals The largest deal of the week was Reliance’s 1670 cr investment into Sanmina JV…
Read moreIt was a heavy week from a value perspective with Swiggy turning decacorn. We had only 50 deals captured on our platform, the aggregate value of deals was well over 13000 cr. Swiggy, Ola Electric deals, and new Unicorns Swiggy turns decacorn with a 5218 cr Series K round led by Invesco, in the process…
Read moreStrategic acquisitions The week of Oct 14-22 saw both funding and some significant strategic acquisitions involving unicorns. Largest was of course Cred raising 1882cr in Series E pushing its valuation even higher to 30750cr. Cred also made news with its plan to enter the wallet space with the acquisition of Hipbar. Pharmeasy raised 1536cr from…
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