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Flipkart To Defer IPO Till 2028, Eyes EBITDA Profitability In FY27

India, May 15 -- Ecommerce major Flipkart has reportedly deferred its IPO till at least the next year as it eyes profitability before listing publicly. As per a Moneycontrol report, US-based retailer... Read More


Rapido Raises $240 Mn At $3 Bn Valuation To Expand Footprint

India, May 15 -- Ride-hailing unicorn Rapido has raised $240 Mn (Rs.2,302 Cr) in a fresh funding round led by existing backer Prosus, with participation from WestBridge Capital, Accel, and other undis... Read More


D2C Toymaker Legend Of Toys Raises Rs.21 Cr To Enter New Categories

India, May 15 -- D2C toymaker Legend of Toys has bagged Rs.21 Cr (around $2.2 Mn) in its pre-Series A round led by Singularity Early Opportunities Fund, with participation from Veltis Capital, Enzia V... Read More