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Simpl secures asset-based facility from Franklin Templeton, Finuvo LLC and Catalina Finance

Simpl secures asset-based facility from Franklin Templeton, Finuvo LLC and Catalina Finance

New Delhi, Jan 6 (PTI) Simpl, a pay-later platform, on Thursday said it has secured an asset-based facility from Franklin Templeton, Finuvo LLC and Catalina Finance to fund the rapid growth of its one-click pay-later offering. "The funding line will support close to USD 1 billion in annual payment volume," said the buy-now-pay-later platform in [...]
Reliance Retail picks 25.8% stake in Dunzo

Reliance Retail picks 25.8% stake in Dunzo

New Delhi, Jan 6 (PTI) Reliance Retail has bought a 25.8 per cent stake in Dunzo, India's leading quick commerce player, for USD 200 million (around Rs 1,488 crore) as it looks to expand its presence in online grocery delivery business. Dunzo has raised USD 240 million (about Rs 1,787 crore) in its latest funding [...]
IndiaMART acquires 26.01% stake in EasyEcom, invests Rs 13.3 cr

IndiaMART acquires 26.01% stake in EasyEcom, invests Rs 13.3 cr

New Delhi, Jan 6 (PTI) B2B e-online marketplace IndiaMART on Thursday said it has invested about Rs 133.5 million via its wholly-owned subsidiary Tradezeal Online Pvt Ltd to acquire a 26.01 per cent stake in EasyEcom. Edgewise Technologies - under the brand name 'EasyEcom' - offers AI-driven omnichannel inventory and warehouse management solutions to merchants. [...]
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