TaxSahib

27/06/2023

03/06/2023

Need an Accountant for a client based in Karol Bagh
- Freshers may apply
- Having experience of at least 6 months is preferable
- Salary will be as per Candidate's Knowledge & Experience
Interested candidates can DM or can email us at [email protected] with their Resume/CV

19/01/2023

26/07/2022

13/11/2020

Sachin Bansal’s Navi Technologies (former BAC Acquisitions) has been lending aggressively when the majority of consumer-facing lending platforms aren’t.
The company had disbursed a loan over Rs 130 crore between May and October this year.
While the company’s loan book may touch over Rs 400 crore by the end of the ongoing fiscal, Navi demonstrated decent financial performance in FY20
Navi has posted a consolidated total income of Rs 222 crore in FY20, registering a 17.5X jump as compared to income of Rs 12.7 crore it earned in FY19.
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11/11/2020

Furlenco has allotted 41,00,000 OCDs of Rs 100 each to raise Rs 41 crore from Rangoli Resorts, Beeline Impex and Aditya Burman, regulatory filings show.
The Bengaluru-based firm has also allotted 12,00,000 CCDs to Crescent Enterprises to raise Rs 12 crore.
Rangoli Resorts and Aditya Burman have invested Rs 15 crore each whereas Beeline Impex has put in Rs 11 crore.
Importantly, the board also passed a separate resolution to allow the allotment of 17,00,000 Series D1 CCPS at a price band of Rs 230-280 per share to raise around Rs 39.1-47.6 crore in equity funding.
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11/11/2020

E-commerce focused end-to-end supply chain solutions provider XpressBees has secured $110 million in its Series E funding round from Investcorp, Northwest Venture Partners, and Gaja Capital.
Post the latest capital infusion, the three investors have acquired a collective stake of 31% in XpressBees.
This is the second investment round for the Pune-based company this year.
In January, it raised $10 million as a part of its Series D round from existing backer Alibaba.
Till date, it has raised around $175 million.
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07/11/2020

While the majority of celebrity-centred fashions brands have been unable to scale, Hrithik Roshan’s HRX and Virat Kohli’s Wrogn are exceptions.
Flipkart has now become a common investor directly or indirectly in both successful brands.
Myntra which is fully owned by Flipkart had acquired a majority stake in HRX in 2016 and the e-commerce giant today announced its strategic investment in Universal Sportsbiz Pvt Ltd or USPL.
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06/11/2020

The development has come a couple of months after the company had announced its merger with MediBuddy for an undisclosed amount.
At that time, the merged entity had announced that it would be raising a $20 million Series B funding round and issued preference shares worth $5.2 million or Rs 38.2 crore to investors including Bessemer India, Rebright Partners and Milliways Fund.
Fintrackr’s calculations estimate that post this round, DocsApp valuation has crossed $150 million or nearly Rs 1100 crore (post-money). Promoters’ equity in the merged entity has also been diluted from 22.8% to 21.58%.
New investors JAFCO and Team Fund have acquired 2.02% stake each and FinSight Ventures will now control 1.35% capital after allotment of shares.

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04/11/2020

All isn’t well with financial marketplace BankBazaar that deals in credit cards and loan products.
The company’s scale has shrunk by about 27% in FY20 as it ended the last fiscal with Rs 80.2 crore in operating revenue.
These expenses have been reduced by 27.3% to Rs 105 crore during FY20 from Rs 144.5 crore in FY19.

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04/11/2020

LetsTransport, an enterprise-focused logistics marketplace for intra-cities delivery, has raised around $7.6 million or Rs 56 crore from its existing investors in what appears to be an extended Series B funding round for the Bengaluru-based company.

LetsTransport has allotted 42,975 Series B1 CCPS at an issue price of Rs 13,002.65 per share to raise the sum, regulatory filings show.

DS Group has led the tranche with an infusion of nearly Rs 16 crore while Bertelsmann BV has invested Rs 15 crore. Japanese insurance company Mitsui Sumitomo has poured Rs 11.2 crore in the five-year-old firm.

Following the latest capital infusion, Rebright has become the largest shareholder in the company with 14.58% stake. Mitsui has 3.9% holding while DS Group and Bertelsmann control 3.76% and 2.32% stake each. Altes Global has around 1.88% stake in the company.