by Sebastian | Aug 13, 2021 | News, SEAPEC
India’s anti-trust regulator has approved global private equity fund Warburg Pincus’ investment in ANI Technologies, the parent of ride-hailing company Ola. “Commission approves acquisition of shares by Plum Wood Investment (Warburg Pincus’s investment vehicle) and...
by Sebastian | Aug 13, 2021 | News
California weed supplier HERBL is in talks to go public by merging with blank check company BGP Acquisition, at a valuation of about $600m Santa-Barbara, California-based HERBL, has seen its post-merger enterprise value cut to between $450m and $500m in recent weeks,...
by Sebastian | Aug 13, 2021 | News
TaxBit, the leading tax and accounting software provider for the digital economy, announced a $130m Series B funding round at a $1.33bn valuation. The round was led by IVP and Insight Partners with additional participation including Tiger Global, Paradigm, 9Yards...
by Sebastian | Aug 13, 2021 | News
Reddit has raised $410m from Fidelity Investments at a valuation of about $10bn. Six months after closing a funding round that doubled its valuation, Reddit is locking in a roughly 50% increase, driven by money managers hunting for investments. The company said it...
by Sebastian | Aug 13, 2021 | News
Chrono24 has received a $1bn valuation after securing $116m of funding – some of which has come from LVMH-backed, Aglaé Ventures. The watch industry is one that markets itself on tradition and heritage which, unsurprisingly, makes it very resistant to change. These...