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Posts Tagged ‘ Groupon India Pvt. Ltd. ’

Deals site Nearbuy gets $2.2 mn in loans from BlackSoil Capital

Tuesday, September 13, 2016 | More »

Money
Deals and discounts site Nearbuy has raised venture debt of Rs 15 crore (about $2.25 million) from non-banking financial company BlackSoil Capital Pvt. Ltd. The Gurgaon-based company plans to use the capital to invest in customer and merchant technology, it said in a statement. This is the first deb...

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Groupon cedes control of Indian arm to Sequoia, local management; rebrands to Nearbuy

In a management buy-out styled transaction, NASDAQ-listed deals aggregator Groupon Inc has ceded majority stake in its India unit to venture capital firm Sequoia Capital and the top management of Groupon India. Management buy-outs, where the top executives of a company buys out the firm they work in...

10 August, 2015 | More »