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Hero Group’s Sunil Munjal eyes stake in Paytm at $5.7 bn valuation

Tuesday, January 3, 2017 | More »

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Hero Corporate Services chairman Sunil Munjal and Adventz Group chairman Saroj Poddar are reportedly looking to buy a stake in digital wallet and e-commerce firm Paytm. Munjal and Poddar are together negotiating to buy Paytm shares from early investor and former IDFC Securities analyst Nikhil Vora, ...

Nykaa

Beauty e-commerce startup Nykaa raises fresh funding from Max Ventures

Max Ventures and Industries Ltd, part of industrialist Analjit Singh’s Max Group, said on Friday a unit has acquired a 1.99% stake in online beauty essentials retailer Nykaa. The stake was bought by wholly owned subsidiary Max I. Ltd, the company said in a stock-exchange filing. It didn’t disclo...

9 December, 2016 | More »

Nykaa

Beauty e-tailer Nykaa raises $12 mn from Hero Group’s Sunil Munjal, others

Mumbai-based online beauty essentials retailer Nykaa has raised $12 million (Rs 82 crore) in a new round led by Hero Group’s Sunil Munjal. The development was first reported by The Times of India. Queries sent to the company did not elicit a response at the time of writing this report. FSN E-Comme...

13 September, 2016 | More »