Singapore-based ride-hailing and food delivery company Grab will merge with US-based special purpose acquisition company (SPAC) – Altimeter Growth in a deal that gives the combined entity a valuation of nearly $39.6bn. The merger will pave the way for Grab to go public with a listing on NASDAQ. Currently, Grab offers various on-demand services across […]
udaan, an India business-to-business (B2B) ecommerce platform, has secured $280 million in additional financing from existing and new investors. The existing investors of udaan, which took part in the funding round are – Lightspeed Venture Partners, Altimeter Capital, DST Global, GGV Capital, and Tencent. The B2B ecommerce platform welcomed two new investors in the form […]