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Temasek, Fidelity may invest $200 million in Lenskart at $5 billion valuation

CFO News

This round would take homegrown eyewear company Lenskart's valuation to over three times that of Warby Parker, a New York-based online retailer for spectacles and contact lens. Warby Parker listed on the NYSE late in 2022 and has a market capitalisation of around $1.55

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Walmart’s Flipkart Invests $204M For Stake In Fashion Retailer

PYMNTS

Walmart India’s eCommerce firm Flipkart is investing $204 million (?1,500 percent stake in Aditya Birla Fashion and Retail Limited (ABFRL), the company said in a statement on Friday (Oct. In July, Flipkart invested over $34.6 The deal was the largest foreign direct investment in India. 1,500 crore) for a 7.8

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ADIA looks to put $600 million into RIL's retail business

CFO News

Abu Dhabi Investment Authority (ADIA) is reportedly looking to invest $600 million in Mukesh Ambani's retail empire, Reliance Retail Ventures (RRVL), at valuations significantly higher than those in the previous round three years ago. ADIA already holds a 1.2%

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Reliance Retail Ventures gets Rs 2,000 crore from KKR

CFO News

This round of fundraising has increased RRVL's valuation to around ₹8.36 lakh crore, when Qatar Investment Authority invested ₹8,278 crore less than three weeks ago. lakh crore, from ₹8.28

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Instacart Raises $271M On $7.8B Valuation

PYMNTS

billion valuation, the publication said. Last month, it was revealed that Instacart raised $600 million, giving it a valuation of $7.6 The funding round was led by hedge fund D1 Capital Partners, and came only six months after the startup closed on a $350 million round of investing. Instacart has raised $1.87

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Musings on Markets: A Return to Teaching: The Spring 2023 Edition

CFO News Room

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023. It is ironic, and perhaps telling, that our understanding of statistics seems to have hit rock bottom in the age of big data.

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Instacart?s New Funding Round Gets $14B Valuation

PYMNTS

Instacart ‘s valuation is now almost $14 billion after a new funding round, the company announced in a press release. The company’s valuation is now $13.7 The round raised $225 million and was led by DST Global and General Catalyst. Existing investor D1 Capital Partners contributed as well. billion, the release states.