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Ixigo raises $53M led by Singapore's sovereign wealth fund


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Online travel app
Ixigo has raised $53 million from investors led by Gamnat, an investment firm
managed by Singapore sovereign wealth fund GIC Private Limited, according to
filings with India’s Ministry of Corporate Affairs.
The round also has
participation from Bay Capital Holdings Limited, IE Venture Fund, India Acorn Fund
Limited, Malabar India Fund Limited and others. 
Launched in 2007, Ixigo
is an online travel agency that offers bookings of flights, hotels, trains and
buses. In February, Ixigo acquired Confirmtkt, an Indian online train discovery
and booking platform.
The company says prior to the pandemic, more than 25
million people took train trips every day in India, making it an ....

India Ministry Of Corporate Affairs , Bay Capital Holdings , India Acorn Fund , Malabar India Fund , Ie Venture Fund , Bay Capital Holdings Limited , India Acorn Fund Limited , Malabar India Fund Limited , Sequoia Capital India , இந்தியா அமைச்சகம் ஆஃப் பெருநிறுவன வாழ்க்கைத்தொழில்கள் , இந்தியா அகன் நிதி , மலபார் இந்தியா நிதி , அதாவது துணிகர நிதி , மலபார் இந்தியா நிதி வரையறுக்கப்பட்டவை , சீக்வோயா மூலதனம் இந்தியா ,

cartrade ipo: CarTrade set to file for IPO to raise up to Rs 2,000 crore


Synopsis
CarTrade, an online auto classifieds platform, is looking at a valuation of $1.5 billion in the IPO and will look at listing later in the year, depending on market conditions.
ETtech
CarTrade recently changed its status from a private company to a public one, a prelude to an IPO, company filings sourced by Tofler showed. (Photo: Reuters)
Mumbai: Online auto classifieds platform CarTrade has begun preparations for filing the draft prospectus for its initial public offering (IPO) to raise around Rs 2,000 crore, three people directly involved in the process said.
It has appointed the investment banking arms of Axis Bank, Citigroup, Nomura and Kotak Mahindra Bank to manage the issue, the people said. The Warburg Pincus and Temasek-backed company helps people buy both new as well as used cars. ....

Vinay Sanghi , Rajan Mehra , Warburg Pincus , Austin Ligon , Shriram Automall , Axis Bank , Kotak Mahindra Bank , Malabar India Fund , March Capital Partners , Mahindra First Choice , Ebay India , Canaan Partners , Epiphany Overseas Ventures , Tiger Global , March Capital , வினய் சங்கி , ராஜன் மெஹ்ரா , வார்பர்க் பிங்கஸ் , ஆஸ்டின் லிகான் , ஸ்ரீராம் தானியங்கு , அச்சு வங்கி , கோட்டக் மஹிந்திரா வங்கி , சிட்டி குழுமம் , மலபார் இந்தியா நிதி , அணிவகுப்பு மூலதனம் கூட்டாளர்கள் , மஹிந்திரா முதல் தேர்வு ,

Rossari Biotech shares surge 9%, hit highest level since listing


Shares of Rossari Biotech rallied 9 per cent to Rs 1,199 on the BSE in intraday trade on Wednesday. This is also the stock s highest level since listing on the bourses on July 23 last year. It surpassed its previous high of Rs 1,145.65, hit on February 19.
Thus far in the month of April, the specialty chemicals company s stock has soared 16 per cent in the four trading days, after the company announced full commissioning of its Greenfield manufacturing facility at Dahej, Gujarat.
The Greenfield facility will have a total installed capacity 132,500 MTPA, enhancing the total capacity of Rossari by 2.1x to 252,500 MTPA. A strong upcoming pipeline of new product launches and new business lines within the four core chemistries should enable the Company to sustainably ramp-up utilization levels at the Dahej unit over the next 3-4 years, Rossari Biotech said in a press release. ....

Ramesh Siyani , Arpit Khandelwal , Mutual Fund , Malabar Select Fund , India Acorn Fund , Malabar India Fund , Rossari Biotech , ஆர்பிட் கண்டெழுவாள் , பரஸ்பர நிதி , மலபார் தேர்ந்தெடுக்கவும் நிதி , இந்தியா அகன் நிதி , மலபார் இந்தியா நிதி ,