Valuation News

India's MobiKwik is raising new funding at $1B valuation to battle payment rival Paytm

India's MobiKwik is raising new funding at $1B valuation to battle payment rival Paytm

With high-profile investments from Alibaba and SoftBank fueling an impressive growth story since demonetization last year, you could be forgiven for thinking that Paytm has India's payments market sewn up. But at least one company will agree to differ ...and more »

ITV:

ITV: "very attractive" valuation prompts MS upgrade

MS, rated 5 stars for recommendation accuracy on ITV by StarMine, raises rating to "overweight" from "equal weight". ** MS cites "very attractive" valuation; says ITV was early into the advertising downturn and that its impact is largely discounted in ...

India's Biggest E-Commerce Merger At Risk As Billionaire Azim Premji Objects

India's Biggest E-Commerce Merger At Risk As Billionaire Azim Premji Objects

The sticking point has been the differential payments, which are seen as an attempt to win over larger Snapdeal investors and the founders who have to agree to a vastly lowered valuation. Under the proposed terms, early investors, like Kalaari Capital ...

Tencent-backed Indian health care startup faces tax probe- Nikkei ...

Tencent-backed Indian health care startup faces tax probe- Nikkei ...

BANGALORE, India --- Practo, a high-flying health care startup backed by China's Tencent Holdings, is being investigated by Indian authorities looking.and more »

Buoyant SCI draws interest, but valuation's only allure

Buoyant SCI draws interest, but valuation's only allure

MUMBAI: A 47 per cent gain in Shipping Corporation of India (SCI) shares this year may make investors pause before jumping on the `buy' bandwagon, but possible government moves towards stake sale should give them some food for thought.and more »

India is expensive; investors willing to pay premium, says Mark Matthews

India is expensive; investors willing to pay premium, says Mark Matthews

Latha: India is also battling at all time highs. Earnings are not catching up valuations just yet; there are too many disruptive issues like goods and services tax (GST) for instance. Are you battling this valuation argument and therefore staying away ...

UBS downgrades Indian equities citing valuations

UBS downgrades Indian equities citing valuations

In 2017, Sensex and Nifty have gained 17.23% and 17.85%, respectively, and both touched record highs on 6 June. In terms of valuation, Sensex is trading at 18.95 times projected earnings for 2017-18, and the Nifty at 18.41. Graphic: Ahmed Raza Khan ...

PE-backed AU Small Finance Bank eyeing $1.6 bn valuation via IPO

PE-backed AU Small Finance Bank eyeing $1.6 bn valuation via IPO

Private equity-backed AU Small Finance Bank Ltd, which has received a licence from the Reserve Bank of India (RBI) to start a small finance bank (SFB), is seeking a valuation of around Rs 10,176.18 crore ($1.6 billion) through an initial public ...and more »

Investors flock to CDSL's IPO, but is it just market euphoria?

Investors flock to CDSL's IPO, but is it just market euphoria?

The initial public offering of Central Depository Services (India) Limited (CDSL), which closed on Wednesday, received an overwhelming response from capital market investors. The depository's maiden issue was subscribed 170 times, making it the most ...and more »

How India's Demonetisation Changed Paytm's Fortunes - The ...

How India's Demonetisation Changed Paytm's Fortunes - The ...

Between November 9th and November 14th, Paytm, the country's largest mobile wallet, reported a 700% increase in overall traffic on the platform, with a...and more »