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Swedish investor Kinnevik to sell half its stake in Rocket Internet

Thursday, February 23, 2017 | More »

Kinnevik
Swedish investment firm Kinnevik AB is selling nearly half of its 13% stake in German Internet conglomerate and incubator Rocket Internet SE. It plans to sell nearly 10.9 million shares, representing 6.6% of Rocket Internet’s issued share capital, to institutional investors at €19.25 per share, ...

Rocket-Internet

Rocket Internet sees “sluggish” growth in India

German e-commerce investor Rocket Internet AG, which this year sold Indian portfolio firms Jabong and FabFurnish, expects weak investment recovery from the South Asian country. “In India, economic activity remains buoyant, but the growth forecast for 2016 and 2017 was trimmed slightly, reflecting ...

23 September, 2016 | More »

Printvenue

Rocket Internet-backed PrintVenue raises $4.5M in Series B funding from Asia Pacific Internet Group

Rocket-Internet backed printing solutions startup PrintVenue, which is operated by Axel Retail Pvt Ltd, has raised $4.5 million in its Series B round of funding from Asia Pacific Internet Group (APACIG), a joint-venture between Rocket Internet and Qatar-based telecom player Ooredoo. “The fund...

29 January, 2015 | More »

Printvenue

Rocket Internet-backed Printvenue looks beyond India, ventures into Singapore

Printvenue, a Gurgaon-based printing solutions venture backed by incubation-cum-global investment firm Rocket Internet, has forayed outside India by establishing a separate country specific site for Singapore. The site was launched a few months ago and is already contributing around a sixth of its r...

16 January, 2014 | More »

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Rocket Internet-backed Printvenue claims to cross 20K orders in 3 months; Will low-key marketing hamper growth?

Gurgaon-based printing solutions startup Printvenue, which offers a suite of online services for business printing and individual requirements, claims to have crossed the 20,000 orders mark within three months of its launch. Backed by the German investor Rocket Internet Ventures, Printvenue was set...

16 October, 2012 | More »