by Vora Corporate Finance | Jan 19, 2022 | Financial Advisory, Insights, Private Equity & IPO
Transaction: Ninjacart, a business-to-business marketplace for agricultural produce, has raised $145 million in a fresh round of funding from existing investor Walmart Inc., and its Indian e-commerce arm Flipkart. Valuation of Ninjakart was estimated by different News...
by Vora Corporate Finance | Jan 19, 2022 | Financial Advisory, Insights, Merger & Acquisitions
Transaction: Encora, a global digital engineering services company, and Advent International, a global private equity firm, announced that Advent has acquired a majority stake in Encora’s business at valuation of $1.5 Billion. Warburg Pincus, the existing majority...
by Vora Corporate Finance | Jan 19, 2022 | Financial Advisory, Insights
Trends in Secondary Markets: BSE Sensex went up by 1.73% to close at 58,254 in December 2021 as against 3.45% down to close at 57,261 in November 2021. Nifty 50 closed at 17,354 which was 2.18% higher as against 3.90% lower to close at 16,983 in November 2021. Foreign...
by Vora Corporate Finance | Jan 19, 2022 | Insights
World Bank Report: World Bank (WB) said in its report “Global economic prospects” in January 2022 that the global economy, after rebounding 5.5% in 2021 (its strongest post-recession pace in 80 years) is expected to decelerate to 4.1% in 2022 on account of continued...
by Vora Corporate Finance | Jan 19, 2022 | Insights
World Bank (WB) said in its report “Global economic prospects” in January 2022 that the global economy, after rebounding 5.5% in 2021 (its strongest post-recession pace in 80 years) is expected to decelerate to 4.1% in 2022 on account of continued Covid-19 flare-ups,...