Valuation News

ShareChat raises Rs 720 crore, valuation may touch Rs 3.3k cr

ShareChat raises Rs 720 crore, valuation may touch Rs 3.3k cr

BENGALURU: Regional language social platform ShareChat has raised Rs 720 crore in a funding round that will boost its valuation to Rs 3,332 crore ($460 ...

Ola raises $50M at a $4.3B valuation from two Chinese funds

Ola raises $50M at a $4.3B valuation from two Chinese funds

Ola, the arch-rival of Uber in India, has raised $50 million at a valuation of about $4.3 billion from Sailing Capital, a Hong Kong-based private equity firm, and the China-Eurasian Economic Cooperation Fund (CEECF), a state-backed Chinese fund.

Goldman Sachs downgrades India to market-weight

Goldman Sachs downgrades India to market-weight

Mumbai: Goldman Sachs Group Inc. lowered its investment view on Indian equities from overweight to market-weight saying that risk/reward is less favourable at current levels, given the elevated valuations and recent strong performance. “We have been ...

Ola raises $50 million from new Chinese investors at $4.3 billion ...

Ola raises $50 million from new Chinese investors at $4.3 billion ...

Bengaluru: Ola, India's largest cab-hailing service, has raised $50 million at a valuation of roughly $4.3 billion from Hong Kong-based Sailing Capital and the ...

Ola Ride -Sharing App Raises $50 Million Funding

Ola Ride -Sharing App Raises $50 Million Funding

Ola, the top cab service provider of India, has reached a valuation of $4.3 billion after receiving funds worth $50 million from two Chinese investors. These two investments are from Sailing Capital and China-Eurasian Economic Cooperation Fund (CEECF).and more »

India's high-flying stock market weans off foreign buyers

India's high-flying stock market weans off foreign buyers

The domestic buying has driven the Indian market's valuation to unusually high levels, noted Mahesh Nandurkar, Indian equity strategist at CLSA. On a price-to-earnings basis, the Nifty now enjoys a 60 per cent premium to the emerging markets average, ...

Buy Netflix on Massive India Opportunity: Guggenheim

Buy Netflix on Massive India Opportunity: Guggenheim

"We believe that Netflix subscriber penetration will significantly exceed what is implied in the company's current valuation," wrote Morris, as cited by CNBC. "We expect the 3Q launch of original local-market content in India, upgrades to user ...

ShareChat Valuation Jumps 7x to $460 million - The Economic Times

ShareChat Valuation Jumps 7x to $460 million - The Economic Times

BENGALURU: Regional language social platform ShareChat has raised Rs 720 crore in a funding round that will boost its valuation to Rs 3,332 crore ($460 ...and more »

India's only edu-tech Unicorn Byju's could double valuation to $2.2 bn

India's only edu-tech Unicorn Byju's could double valuation to $2.2 bn

On valuations, Raveendran said that Byju's enjoyed a good valuation since it wasn't a cut-copy-paste idea from some other part of the world, like so many other startups in India today. This, along with an already profitable business and a huge market ...

Emerging markets are looking like a good buy — but prices could fall further, analyst warns

Emerging markets are looking like a good buy — but prices could fall further, analyst warns

Still, valuations in China and India, in particular, are looking like an attractive entry point to longer-term investors. But emerging markets more broadly are looking at around six to 12 more months of pressure, according to Nordic bank SEB. "EM ...