Meesho closes $550 million round; moves NCLT to shift domicile, ET LegalWorld
Ecommerce firm Meesho has closed another $250-$270 million in financing with new investors Tiger Global, Think Investments, Mars Growth Capital joining an ongoing capital raise, taking the round’s total to about $550 million, majority of which is in secondary, people aware of the development told ET. The SoftBank- and Prosus-backed ecommerce firm has also filed […]
Ranjan Pai, Cipla family eye stake in Zepto; startup moves NCLT to shift domicile, ET LegalWorld
Family offices of Manipal group chief Ranjan Pai, Mankind Pharma brothers Ramesh Juneja and Rajeev Juneja, and Cipla are likely to join Zepto’s funding round as the quick-commerce firm looks to shore up its domestic shareholding with “well-known and credible” names, people aware of the matter said. Zepto’s parent Kiranakart has also filed an application […]