by Vora Corporate Finance | Feb 23, 2022 | Articles, Capital Market Updates, Merger & Acquisitions, Private Equity & IPO
World Bank report expects the global economy to decelerate to in 2022 and 2023 due to risks of diminished fiscal support and supply bottlenecks, however Indian economy GDP growth will likely be strong at 8.3% in 2022 and 8.7% in 2023.U.S. consumer inflation was...
by Vora Corporate Finance | Feb 19, 2022 | Insights, Private Equity & IPO
Transaction: Chargebee, a software-as-a-service-based subscription management platform, has raised $250 million in a funding co-led by Tiger Global Management and Sequoia Capital at the valuation of $3.5 Billion. Existing investors including Insight Partners, Sapphire...
by Vora Corporate Finance | Feb 19, 2022 | Insights, Merger & Acquisitions
Transaction: Retail unit of Reliance Industries Ltd. (RIL), Reliance Retail Ventures Ltd. (RRVL), has acquired 54% stake in Addverb Technologies for $132 million (Rs.983 Crore approx.) The investment round values the company at around Rs.2000 Crore. The cofounders...
by Vora Corporate Finance | Feb 19, 2022 | Financial Advisory, Insights
BSE Sensex went down by 0.41% to close at 58,014 in January 2022 as against 1.73% up to close at 58,254 in December 2021. Nifty 50 closed at 17,340 which was 0.08% lower as against 2.18% high to close at 17,354 in December 2021. Sensex went up by around 848 points on...
by Vora Corporate Finance | Feb 19, 2022 | Insights
Economic Survey 2021-22 was presented in parliament on the last day of January, one day before the Union Budget, and here are the highlights: Advance estimates suggest that the Indian economy has recovered to pre covid-19 pandemic levels. Agriculture and allied...
