backers

Kenro Capital eyes as much as $40 mn stake in Pine Labs as early backers search exits

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[ad_1] Mumbai: Kenro Capital, which specializies in buying stakes from current traders, is evaluating a $30-40 million funding in Pine Labs because the fintech big’s early backers look to exit partly or in full forward of its itemizing later this yr, two folks acquainted with the matter. “The funding agency has been chatting with a … Read more

Startups prep for exits as Chinese backers find little love

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[ad_1] Udaan and Pocket FM count Tencent among their investors, while Vedantu’s Chinese backers include Legend Capital and the TAL Education Group. There has been a recent spike in discussions around Chinese investors looking to pull out, several Indian investorsMintspoke with confirmed separately. “We can expect more block deals within listed startup entities as well, … Read more