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Who Owns How Much Of IPO-Bound One97 Communications

Who Owns How Much Of IPO-Bound One97 Communications
inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.

Chinese conglomerate Yintai swoops in on ASX-listed Myanmar Metals miner

Chinese conglomerate Yintai swoops in on ASX-listed Myanmar Metals miner
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

FirstCry in talks to raise up to $200 million at nearly $2 billion valuation

We ll soon meet in your inbox. Please wait. The transaction would double the company’s valuation in less than 24 months. SoftBank Vision Fund had picked up a 40% stake in the company in 2019, valuing it at about $1.1 billion. FirstCry received $400 million in fresh equity from the Masayoshi Son-led fund as part of a Series E funding round. The final quantum or number of new investors is expected to get finalised soon, as is the stake dilution which is expected to be less than 10%. According to the people cited above, the company aims to go public in 24-36 months and wants to realign its capitalisation table before that.

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