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stanza living: Model Tenancy Act is a first step in institutionalizing the rental accommodation industry : Anindya Dutta, MD, Stanza Living

Alpha Wave invests $100 million in India-based Stanza Living


Alpha Wave invests $100 million in India-based Stanza Living
Alpha Wave Incubation (AWI), a VC fund managed by Falcon Edge, has been investing at a steady pace. It has now invested well over $100 million in Stanza Living through its two subsidiaries. 
The Delhi-based company has approved the issue of 8,430 Series D CCPS and10 equity shares, at an issue price of INR 9,11,440 per share to INR 769 crore/ $102 million. Stanza Living was valued at $300 million as of 2019 during its previous financing round led by Falcon Edge and was in talks to raise around $120 million in its Series D round.
Falcon Edge has invested $100 million/ INR 739.3 crore in the new round while the rest has come from Stanza Living’s other existing backers Sequoia Capital and Matrix Partners. ....

Andhra Pradesh , Madhya Pradesh , Sandeep Dalmia , Anindya Dutta , Sequoia Capital , Wave Incubation , Falcon Edge , Stanza Living , ஆந்திரா பிரதேஷ் , மத்யா பிரதேஷ் , சந்தீப் டால்மியா , அணிந்துரை தத்தா , சீக்வோயா மூலதனம் , அலை அடைகாத்தல் , ஃபால்கன் விளிம்பு , சரணம் வாழும் ,

VIP Industries Q3FY21 consolidated Net Revenue at 56% of the Previous year at Rs 242.82 crore


VIP Industries Q3FY21 consolidated Net Revenue at 56% of the Previous year at Rs 242.82 crore
Posted On:
2021-02-03 05:53:34
(Time Zone: Arizona, USA)
VIP Industries Ltd. Asia s largest and the world s second largest luggage Company today announced its unaudited financial results for the quarter and nine-months ended December 31st, 2020.
Financial Results - Q3FY21 (YoY) Comparison
The company reported total income of Rs. 242.82 crores during the three months period ended December 31st, 2020 as compared to Rs. 107.88 crores during Q2FY21 and Rs. 432.34 crore in the same period last year.
The company posted a net loss of Rs. 7 crores for the three months period ended December 31st, 2020 as against net loss of Rs. 35.39 crores for Q2FY21 and net profit of Rs. 34.21 crores in Q3FY20. ....

United States , Anindya Dutta , Dilip Piramal , Even The Union Budget , Industries Ltd , Net Revenue , Time Zone , Managing Director , Union Budget , ஒன்றுபட்டது மாநிலங்களில் , அணிந்துரை தத்தா , நீர்த்துப்போக பிரமல் , கூட தி தொழிற்சங்கம் பட்ஜெட் , தொழில்கள் லிமிடெட் , நிகர வருவாய் , நேரம் ஸோந் , நிர்வகித்தல் இயக்குனர் , தொழிற்சங்கம் பட்ஜெட் ,