Reliance To Buy 87.6% Stake In Ecommerce Startup Fynd For INR 295 Cr
Fashion e-commerce platform Fynd is set to get acquired by Reliance Industries Limited with a stake of 87.6 percent being valued at USD 42.33 Mn, according to a Reliance Industries’ filings in the Bombay Stock Exchange.
Razorpay, a digital payments startup, has acquired Gurugram-based fraud analytics startup Thirdwatch, in a deal said to be an all-cash one. No details were disclosed but the deal is said to be using the USD 75 Mn that Razorpay recently raised to help fund the transaction.
Temasek lining up $100 million for Ascent Health and Wellness
Temasek is looking to finalize an estimated $100 million equity financing round in Ascent Health and Wellness, as global investors look to invest in pharma ventures that have a significant distribution presence as well operate as a front-facing e-commerce business.