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TikTok: TikTok parent ByteDance’s valuation hits $300 billion, sources say

TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to...

Software

SoftBank: SoftBank executive Paul Davison leaves FirstCry board

Paul Davison, partner at SoftBank Vision Fund, has resigned as a non-executive director of the board of Brainbees Solutions, which operates the omnichannel...

Software

mutual funds: Local MFs hold stocks worth over $8 billion in new-age companies

Domestic mutual funds now hold stocks worth more than $8 billion, or almost Rs 69,000 crore, in a dozen new-age companies including Zomato,...

Software

Kioxia: Bain sought $10 billion valuation for Japan’s Kioxia, investors only wanted to pay half

Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan's Kioxia in an IPO, leading the U.S. buyout firm...

Software

Tiger Global Zepto deal: Tiger Global conducts due diligence of Zepto dark stores as it eyes quick commerce

US investor Tiger Global is conducting due diligence at Zepto’s dark stores in the city, indicating strong interest in the startup that is...

Software

Swiggy IPO: Swiggy gets Sebi nod for proposed $1.25 billion IPO

Food and grocery delivery platform Swiggy has received approval from the market regulator for its proposed $1.25 billion public issue, according to sources....

Software

Bain-backed chipmaker Kioxia scraps October IPO plan, sources say

Bain had been targeting a market value of 1.5 trillion yen ($10.39 billion) for Kioxia but the recent sell-off in shares of its...

Software

Mobikwik secures Sebi nod for Rs 700-crore public listing

Gurugram-based fintech Mobikwik has secured the Securities and Exchange Board of India (Sebi)’s approval for its planned public listing. The company had filed...

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