Friday, July 1, 2022

Ecom Express seeks $125-150 mn in private funding as IPO plans stall

The company is working with investment banks JM Financial and Barclays for the fundraising, according to people who know about its pitch to investors, and is looking to benchmark itself against Delhivery, the largest third-party logistics player which went public in May.

from Tech-Economic Times https://ift.tt/QzxJsTv

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OpenAI set to raise about $10 billion from MGX, Coatue, Thrive

OpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backer...