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Posts Tagged ‘ DST Global ’

Flipkart suffers another markdown as Vanguard slashes stake value by 33%

Friday, December 2, 2016 | More »

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A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart by 33%, joining another investor Morgan Stanley in cutting India’s largest e-commerce marketplace’s valuation to historically low figures. The fresh markdown by Vanguard values Fli...

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Flipkart’s valuation down to $5.57 bn after Morgan Stanley slashes value of its holding

A mutual fund managed by Morgan Stanley has marked down the value of its shares in Flipkart by 38.2% leaving India’s largest e-commerce marketplace’s valuation at $5.57 billion, nearly a third of its peak valuation of $15.2 billion last year. The fund has slashed the value of its Flipkart shares...

29 November, 2016 | More »

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Indonesian unicorn Go-Jek sets up engineering facility in Bengaluru

Jakarta-based ride-hailing and on-demand services startup Go-Jek has opened an engineering facility in Bengaluru, the company announced on Thursday. But the founder and CEO of the company Nadiem Makarim, who is a Harvard Business School graduate, told Techcircle that it has no immediate plans to ent...

10 November, 2016 | More »

Sanjay Nadkarni

US-based home décor startup Houzz enters India, hires BabyOye’s Nadkarni

Palo Alto based online design and home décor startup Houzz Inc is all set to launch operations in India and has appointed Babyoye founder Sanjay Nadkarni the country head. Nadkarni took charge of his new assignment on the first of August, according to his profile update on professional networking p...

31 August, 2016 | More »

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Online food ordering platform Swiggy raises $7 mn

Online food ordering platform Swiggy, which is run by Bangalore-based Bundl Technologies Pvt Ltd, said it has raised Rs 47 crore (around $7 million) more from existing investors, including Norwest Venture Partners, DST Global and Accel Partners. The Economic Times, which first reported the developme...

10 May, 2016 | More »

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Ola raises $400M Series E round from DST, GIC, Falcon Edge & others; valued at $2.4B

Mumbai-based ANI Technologies Pvt Ltd, which runs online cab booking service Ola (formerly Olacabs), has raised $400 million (Rs 2,495 crore) in its Series E round of funding led by Russian investment firm DST Global, it said on Thursday. Other new investors include GIC and Falcon Edge Capital. Soft...

16 April, 2015 | More »

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Online cabs aggregator Ola raises $310M led by DST Global; valued at $2.3B

Mumbai-based ANI Technologies Pvt Ltd, which runs online cab booking service Ola (formerly Olacabs), has raised $310 million (Rs 1,952 crore) in its fresh round of funding led by Russian investment firm DST Global, according to VCCEdge, the data research platform of VCCircle, based on filings with R...

9 April, 2015 | More »

Bin Lin

Xiaomi raises $1.1B from All-Stars, DST Global, GIC & others at $45B valuation

Chinese smartphone manufacturer Xiaomi, which also has a good presence in India, has confirmed that it has received $1.1 billion in fresh funding from All-Stars Investment, an investment firm launched by former Morgan Stanley analyst Richard Ji, besides Russian investment firm DST Global, Singapore ...

29 December, 2014 | More »

Xiaomi

Xiaomi raises over $1B from All-Stars Investment, DST Global, others

Chinese smartphone manufacturer Xiaomi, which also has a good presence in India, has netted over $1 billion in funding led by All-Stars Investment, an investment firm launched by former Morgan Stanley analyst Richard Ji, says a The Wall Street Journal report quoting an unnamed source. Russian inves...

21 December, 2014 | More »

DST Global

Founded in 2005, DST is controlled by Russian billionaire Yuri Milner. It is a global investment firm with sole focus on internet. The fund has invested in global majors like Twitter, Airbnb, Spotify, Rocket Internet and Alibaba. In May this year, DST led a $210 million investment round by India’s...

18 November, 2014 | More »

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