Saturday, March 15, 2025

Fidelity

PE firm Warburg Pincus offloads 6.45% stake in Kalyan Jewellers for INR 3,584 Cr

News
Private equity giant Warburg Pincus has divested a 6.45% stake in jewellery retailer Kalyan Jewellers for INR 3,584 crore through open market transactions. Meanwhile, the Singapore government, Fidelity, Nomura, HSBC Mutual Fund, and Citigroup Global Markets...

Lenskart’s FY23 revenue soars to INR 3,788 Crore; losses narrow to INR 64 Crore

News
Lenskart, the omnichannel eyewear retailer, saw its consolidated operating revenue more than double to INR 3,788 crore in FY23 from INR 1,502 crore a year earlier. The Gurugram-based company reduced its losses from INR 102 crore...

Lenskart set to secure $200 Million funding from Temasek, Fidelity

News
Singapore's state investment firm Temasek and US-based Fidelity are in the last stages of negotiations to inject approximately $200 million into Lenskart via a...

Fidelity slashes Meesho’s valuation again, now at $3.5 Billion – a 29% drop from previous high of $4.9 Billion

News
The US-based asset management company Fidelity has once again lowered the valuation of Meesho on its books, now assessing the e-commerce startup at $3.5...

Zomato CEO Deepinder Goyal allotted 33,422 shares in Mamaearth’s IPO

News
Deepinder Goyal, the Co-Founder and CEO of Zomato, has been allotted 33,422 shares in the public issue of Honasa Consumer, the parent company of...

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