Home services marketplace Urban Company has allocated shares worth Rs 853.87 crore ($97 million) to anchor investors ahead of its Rs 1,900 crore initial public offering (IPO).
Company has raised $50 million in its expanded Series C funding round with fresh participation from UAE-headquartered CE-Invests, Singapore-based Panthera Growth Partners, and Japan’s SMBC Asia Rising
Amazon has completed the acquisition of Axio (formerly Capital Float), one of India’s leading digital lending and checkout finance providers, after securing regulatory approval from the Reserve Bank of India (RBI).
